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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 284,189       284,189      
Foreign currency translation adjustment 335,647           335,647  
Amortization of cash flow hedges, net of tax 4,310           4,310  
Change in cash flow hedges, net of tax (632)           (632)  
Change in net investment hedges, net of tax (31,927)           (31,927)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 15,832           15,832  
Change in marketable securities, net of tax (518)           (518)  
Dividends declared (461,636)       (461,636)      
Share-based compensation awards 124,989     58,354       $ 66,635
Share-based compensation awards (in shares)               (1,739,356)
Ending balance (in shares) at Dec. 26, 2020     765,174,900         255,176,469
Ending balance at Dec. 26, 2020 1,426,799   $ 765,175 1,565,255 10,383,493   (1,388,169) $ (9,898,955)
Beginning balance (in shares) at Sep. 26, 2020     765,174,900         256,075,772
Beginning balance at Sep. 26, 2020 1,300,011   $ 765,175 1,534,281 10,546,598   (1,612,386) $ (9,933,657)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 67,289       67,289      
Foreign currency translation adjustment 222,507           222,507  
Amortization of cash flow hedges, net of tax 2,155           2,155  
Change in cash flow hedges, net of tax 12,335           12,335  
Change in net investment hedges, net of tax (20,666)           (20,666)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 7,930           7,930  
Change in marketable securities, net of tax (44)           (44)  
Dividends declared (230,394)       (230,394)      
Share-based compensation awards 65,676     30,974       $ 34,702
Share-based compensation awards (in shares)               (899,303)
Ending balance (in shares) at Dec. 26, 2020     765,174,900         255,176,469
Ending balance at Dec. 26, 2020 1,426,799   $ 765,175 1,565,255 10,383,493   (1,388,169) $ (9,898,955)
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 545,454       545,454      
Foreign currency translation adjustment (114,064)           (114,064)  
Amortization of cash flow hedges, net of tax 4,310           4,310  
Change in cash flow hedges, net of tax (6,530)           (6,530)  
Change in net investment hedges, net of tax 18,527           18,527  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 12,003           12,003  
Change in marketable securities, net of tax (1,740)           (1,740)  
Dividends declared (480,535)       (480,535)      
Treasury stock purchases (in shares)               5,679,298
Treasury stock purchases (415,824)             $ (415,824)
Increase in ownership interest in subsidiaries (304)     (304)        
Share-based compensation awards 106,879     70,796       $ 36,083
Share-based compensation awards (in shares)               (988,037)
Ending balance (in shares) at Jan. 02, 2022     765,174,900         258,033,856
Ending balance at Jan. 02, 2022 1,221,072   $ 765,175 1,690,487 10,216,625   (1,236,258) $ (10,214,957)
Beginning balance (in shares) at Oct. 02, 2021     765,174,900         252,825,080
Beginning balance at Oct. 02, 2021 1,673,292   $ 765,175 1,655,110 10,288,291   (1,217,937) $ (9,817,347)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 167,441       167,441      
Foreign currency translation adjustment (26,870)           (26,870)  
Amortization of cash flow hedges, net of tax 2,155           2,155  
Change in cash flow hedges, net of tax (6,101)           (6,101)  
Change in net investment hedges, net of tax 8,362           8,362  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 5,562           5,562  
Change in marketable securities, net of tax (1,429)           (1,429)  
Dividends declared (239,107)       (239,107)      
Treasury stock purchases (in shares)               5,679,298
Treasury stock purchases (415,824)             $ (415,824)
Increase in ownership interest in subsidiaries (304)     (304)        
Share-based compensation awards 53,895     35,681       $ 18,214
Share-based compensation awards (in shares)               (470,522)
Ending balance (in shares) at Jan. 02, 2022     765,174,900         258,033,856
Ending balance at Jan. 02, 2022 $ 1,221,072   $ 765,175 $ 1,690,487 $ 10,216,625   $ (1,236,258) $ (10,214,957)