BUSINESS SEGMENT INFORMATION

6 Months Ended

Jan. 02, 2022

Segment Reporting [Abstract]

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION

Sysco distributes food and related products to restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Our primary operations are located in North America and Europe. Under the accounting provisions related to disclosures about segments of an enterprise, we have aggregated certain operating segments into three reportable segments. “Other” financial information is attributable to our other operating segments that do not meet the quantitative disclosure thresholds.

•U.S. Foodservice Operations – primarily includes U.S. Broadline operations, which distribute a full line of food products, including custom-cut meat, seafood, specialty produce, specialty Italian, specialty imports and a wide variety of non-food products;

•International Foodservice Operations – includes operations in the Americas (primarily outside of the U.S. and Europe, which distribute a full line of food products and a wide variety of non-food products. The Americas primarily consists of operations in Canada, Bahamas, Mexico, Costa Rica and Panama, as well as our operations that distribute to international customers. Our European operations primarily consist of operations in the U.K., France, Ireland and Sweden;

•SYGMA – our U.S. customized distribution operations serving quick-service chain restaurant customer locations; and

•Other – primarily our hotel supply operations, Guest Worldwide.

The accounting policies for the segments are the same as those disclosed by Sysco for its consolidated financial statements. Our Global Support Center generally includes all expenses of the corporate office and Sysco’s shared service operations. These also include all U.S. share-based compensation costs.

The following tables set forth certain financial information for Sysco’s reportable business segments:

	13-Week Period Ended				26-Week Period Ended
	Jan. 1, 2022		Dec. 26, 2020		Jan. 1, 2022		Dec. 26, 2020
Sales:	(In thousands)				(In thousands)
U.S. Foodservice Operations	$	11,498,155	$	7,924,143	$	23,101,118	$	15,845,676
International Foodservice Operations	2,806,272		1,967,789		5,701,519		4,131,482
SYGMA	1,771,323		1,520,401		3,475,356		3,044,549
Other	244,453		146,649		498,756		314,654
Total	$	16,320,203	$	11,558,982	$	32,776,749	$	23,336,361
	13-Week Period Ended				26-Week Period Ended
	Jan. 1, 2022		Dec. 26, 2020		Jan. 1, 2022		Dec. 26, 2020
Operating income (loss):	(In thousands)				(In thousands)
U.S. Foodservice Operations	$	676,822	$	485,251	$	1,474,345	$	1,073,660
International Foodservice Operations	10,745		(79,949)		47,421		(80,486)
SYGMA	(6,729)		11,328		(9,176)		23,020
Other	183		(1,018)		6,639		(1,023)
Total segments	681,021		415,612		1,519,229		1,015,171
Global Support Center	(236,112)		(203,550)		(442,638)		(383,530)
Total operating income	444,909		212,062		1,076,591		631,641
Interest expense	242,899		146,498		371,113		293,215
Other (income) expense, net	(10,676)		(15,556)		(13,928)		(1,432)
Earnings before income taxes	$	212,686	$	81,120	$	719,406	$	339,858