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CHANGES IN CONSOLIDATED SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance (in shares) at Jun. 27, 2020     765,174,900         256,915,825
Beginning balance at Jun. 27, 2020 $ 1,158,613 $ (2,068) $ 765,175 $ 1,506,901 $ 10,563,008 $ (2,068) $ (1,710,881) $ (9,965,590)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 216,900       216,900      
Foreign currency translation adjustment 113,140           113,140  
Amortization of cash flow hedges, net of tax 2,155           2,155  
Change in cash flow hedges, net of tax (12,967)           (12,967)  
Change in net investment hedges, net of tax (11,261)           (11,261)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 7,902           7,902  
Change in marketable securities, net of tax (474)           (474)  
Dividends declared (231,242)       (231,242)      
Share-based compensation awards 59,313     27,380       $ 31,933
Share-based compensation awards (in shares)               (840,053)
Ending balance (in shares) at Sep. 26, 2020     765,174,900         256,075,772
Ending balance at Sep. 26, 2020 1,300,011   $ 765,175 1,534,281 10,546,598   (1,612,386) $ (9,933,657)
Beginning balance (in shares) at Jul. 03, 2021     765,174,900         253,342,595
Beginning balance at Jul. 03, 2021 1,552,896   $ 765,175 1,619,995 10,151,706   (1,148,764) $ (9,835,216)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 378,013       378,013      
Foreign currency translation adjustment (87,194)           (87,194)  
Amortization of cash flow hedges, net of tax 2,155           2,155  
Change in cash flow hedges, net of tax (429)           (429)  
Change in net investment hedges, net of tax 10,165           10,165  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 6,441           6,441  
Change in marketable securities, net of tax (311)           (311)  
Dividends declared (241,428)       (241,428)      
Share-based compensation awards 52,984     35,115       $ 17,869
Share-based compensation awards (in shares)               (517,515)
Ending balance (in shares) at Oct. 02, 2021     765,174,900         252,825,080
Ending balance at Oct. 02, 2021 $ 1,673,292   $ 765,175 $ 1,655,110 $ 10,288,291   $ (1,217,937) $ (9,817,347)