GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Jul. 03, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill rollforward table by reporting segments

The changes in the carrying amount of goodwill by reportable segment for the years presented are as follows:

	U.S. Foodservice Operations		International Foodservice Operations		SYGMA		Other		Total
	(In thousands)
Carrying amount as of June 29, 2019	$	1,265,485	$	2,375,932	$	32,607	$	222,202	$	3,896,226
Goodwill acquired during year	90,477		—		—		—		90,477
Impairment	—		(169,007)		—		(34,199)		(203,206)
Currency translation/other	2,162		(53,164)		—		(26)		(51,028)
Carrying amount as of June 27, 2020	$	1,358,124	$	2,153,761	$	32,607	$	187,977	$	3,732,469
Goodwill acquired during year	—		—		—		—		—
Currency translation/other	(4,520)		216,012		—		178		211,670
Carrying amount as of July 3, 2021	$	1,353,604	$	2,369,773	$	32,607	$	188,155	$	3,944,139

Amortized intangible assets table

Fully amortized intangible assets have been removed in the period fully amortized in the table below, which presents the company’s amortizable intangible assets in total by category as follows:

	Jul. 3, 2021						Jun. 27, 2020
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
	(In thousands)
Customer relationships	$	1,125,464	$	(552,444)	$	573,020	$	1,048,702	$	(434,262)	$	614,440
Non-compete agreements	19,525		(9,926)		9,599		23,252		(10,182)		13,070
Trademarks	14,360		(6,943)		7,417		13,691		(5,816)		7,875
Total amortizable intangible assets	$	1,159,349	$	(569,313)	$	590,036	$	1,085,645	$	(450,260)	$	635,385

Indefinite-lived intangible assets table

The table below presents the company’s indefinite-lived intangible assets by category as follows:

	Jul. 3, 2021		Jun. 27, 2020
	(In thousands)
Trademarks	$	155,071	$	143,820
Licenses	966		966
Total indefinite-lived intangible assets	$	156,037	$	144,786

Intangibles estimated amortization expense for the next five years table

The estimated future amortization expense for the next five fiscal years on intangible assets outstanding as of July 3, 2021 is shown below:

	Amount
	(In thousands)
2022	$	102,921
2023	99,836
2024	95,991
2025	90,237
2026	83,622