CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 03, 2021	Jun. 27, 2020
Current assets
Cash and cash equivalents	$ 3,007,123	$ 6,059,427
Accounts receivable, less allowances of $117,695 and $334,810	3,781,510	2,893,551
Inventories	3,695,219	3,095,085
Prepaid expenses and other current assets	240,956	192,163
Income tax receivable	8,759	108,006
Total current assets	10,733,567	12,348,232
Plant and equipment at cost, less accumulated depreciation	4,326,063	4,458,567
Other long-term assets
Goodwill	3,944,139	3,732,469
Intangibles, less amortization	746,073	780,172
Deferred income taxes	352,523	194,115
Operating lease right-of-use assets, net	709,163	603,616
Other assets	602,011	511,095
Total other long-term assets	6,353,909	5,821,467
Total assets	21,413,539	22,628,266
Current liabilities
Notes payable	8,782	2,266
Accounts payable	4,884,781	3,447,065
Accrued expenses	1,814,837	1,616,289
Accrued income taxes	22,644	2,938
Current operating lease liabilities	102,659	107,167
Current maturities of long-term debt	486,141	1,542,128
Total current liabilities	7,319,844	6,717,853
Long-term liabilities
Long-term debt	10,588,184	12,902,485
Deferred income taxes	147,066	86,601
Long-term operating lease liabilities	634,481	523,496
Other long-term liabilities	1,136,480	1,204,953
Total long-term liabilities	12,506,211	14,717,535
Noncontrolling interest	34,588	34,265
Shareholders’ equity
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none	0	0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares	765,175	765,175
Paid-in capital	1,619,995	1,506,901
Retained earnings	10,151,706	10,563,008
Accumulated other comprehensive loss	(1,148,764)	(1,710,881)
Treasury stock at cost, 253,342,595 and 256,915,825 shares	(9,835,216)	(9,965,590)
Total shareholders’ equity	1,552,896	1,158,613
Total liabilities and shareholders’ equity	$ 21,413,539	$ 22,628,266