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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 02, 2022
Jul. 03, 2021
Current assets    
Cash and cash equivalents $ 876,139 $ 3,007,123
Accounts receivable, less allowances of $126,580 and $117,695 4,777,660 3,781,510
Inventories 4,409,094 3,695,219
Prepaid expenses and other current assets 303,212 240,956
Income tax receivable 47,173 8,759
Total current assets 10,413,278 10,733,567
Plant and equipment at cost, less accumulated depreciation 4,345,098 4,326,063
Other long-term assets    
Goodwill 4,703,777 3,944,139
Intangibles, less amortization 1,042,878 746,073
Deferred income taxes 393,302 352,523
Operating lease right-of-use assets, net 787,347 709,163
Other assets 637,995 602,011
Total other long-term assets 7,565,299 6,353,909
Total assets 22,323,675 21,413,539
Current liabilities    
Notes payable 8,655 8,782
Accounts payable 5,721,705 4,884,781
Accrued expenses 2,011,597 1,814,837
Accrued income taxes 19,045 22,644
Current operating lease liabilities 113,157 102,659
Current maturities of long-term debt 498,028 486,141
Total current liabilities 8,372,187 7,319,844
Long-term liabilities    
Long-term debt 10,608,840 10,588,184
Deferred income taxes 195,910 147,066
Long-term operating lease liabilities 701,929 634,481
Other long-term liabilities 1,090,386 1,136,480
Total long-term liabilities 12,597,065 12,506,211
Noncontrolling interest 33,014 34,588
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 1,737,301 1,619,995
Retained earnings 10,279,792 10,151,706
Accumulated other comprehensive loss (1,299,004) (1,148,764)
Treasury stock at cost, 256,507,982 and 253,342,595 shares (10,161,855) (9,835,216)
Total shareholders’ equity 1,321,409 1,552,896
Total liabilities and shareholders’ equity $ 22,323,675 $ 21,413,539