XML 18 R6.htm IDEA: XBRL DOCUMENT v3.22.1
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 373,116       373,116      
Foreign currency translation adjustment 345,452           345,452  
Amortization of cash flow hedges, net of tax 6,501           6,501  
Change in cash flow hedges, net of tax 8,503           8,503  
Change in net investment hedges, net of tax (22,539)           (22,539)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 23,789           23,789  
Change in marketable securities, net of tax (3,271)           (3,271)  
Dividends declared (692,390)       (692,390)      
Share-based compensation awards 199,891     87,660       $ 112,231
Share-based compensation awards (in shares)               (3,098,812)
Ending balance (in shares) at Mar. 27, 2021     765,174,900         253,817,013
Ending balance at Mar. 27, 2021 1,395,597   $ 765,175 1,594,561 10,241,666   (1,352,446) $ (9,853,359)
Beginning balance (in shares) at Dec. 26, 2020     765,174,900         255,176,469
Beginning balance at Dec. 26, 2020 1,426,799   $ 765,175 1,565,255 10,383,493   (1,388,169) $ (9,898,955)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 88,927       88,927      
Foreign currency translation adjustment 9,805           9,805  
Amortization of cash flow hedges, net of tax 2,191           2,191  
Change in cash flow hedges, net of tax 9,135           9,135  
Change in net investment hedges, net of tax 9,388           9,388  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 7,957           7,957  
Change in marketable securities, net of tax (2,753)           (2,753)  
Dividends declared (230,754)       (230,754)      
Share-based compensation awards 74,902     29,306       $ 45,596
Share-based compensation awards (in shares)               (1,359,456)
Ending balance (in shares) at Mar. 27, 2021     765,174,900         253,817,013
Ending balance at Mar. 27, 2021 1,395,597   $ 765,175 1,594,561 10,241,666   (1,352,446) $ (9,853,359)
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 848,779       848,779      
Foreign currency translation adjustment (210,646)           (210,646)  
Amortization of cash flow hedges, net of tax 6,465           6,465  
Change in cash flow hedges, net of tax 11,845           11,845  
Change in net investment hedges, net of tax 30,568           30,568  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 18,591           18,591  
Change in marketable securities, net of tax (7,063)           (7,063)  
Dividends declared (720,693)       (720,693)      
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 206,795     117,610       $ 89,185
Share-based compensation awards (in shares)               (2,513,911)
Ending balance (in shares) at Apr. 02, 2022     765,174,900         256,507,982
Ending balance at Apr. 02, 2022 1,321,409   $ 765,175 1,737,301 10,279,792   (1,299,004) $ (10,161,855)
Beginning balance (in shares) at Jan. 02, 2022     765,174,900         258,033,856
Beginning balance at Jan. 02, 2022 1,221,072   $ 765,175 1,690,487 10,216,625   (1,236,258) $ (10,214,957)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 303,325       303,325      
Foreign currency translation adjustment (96,582)           (96,582)  
Amortization of cash flow hedges, net of tax 2,155           2,155  
Change in cash flow hedges, net of tax 18,375           18,375  
Change in net investment hedges, net of tax 12,041           12,041  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 6,588           6,588  
Change in marketable securities, net of tax (5,323)           (5,323)  
Dividends declared (240,158)       (240,158)      
Share-based compensation awards 99,916     46,814       $ 53,102
Share-based compensation awards (in shares)               (1,525,874)
Ending balance (in shares) at Apr. 02, 2022     765,174,900         256,507,982
Ending balance at Apr. 02, 2022 $ 1,321,409   $ 765,175 $ 1,737,301 $ 10,279,792   $ (1,299,004) $ (10,161,855)