GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Jul. 02, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill rollforward table by reporting segments

The changes in the carrying amount of goodwill by reportable segment for the years presented are as follows:

	U.S. Foodservice Operations		International Foodservice Operations		SYGMA		Other		Total
	(In thousands)
Carrying amount as of June 27, 2020	$	1,358,124	$	2,153,761	$	32,607	$	187,977	$	3,732,469
Currency translation/other	(4,520)		216,012		—		178		211,670
Carrying amount as of July 3, 2021	$	1,353,604	$	2,369,773	$	32,607	$	188,155	$	3,944,139
Goodwill acquired during year	851,899		9,227		—		—		861,126
Currency translation/other	6,012		(268,797)		—		(165)		(262,950)
Carrying amount as of July 2, 2022	$	2,211,515	$	2,110,203	$	32,607	$	187,990	$	4,542,315

Schedule of amortized intangible assets

Fully amortized intangible assets have been removed in the period fully amortized in the table below, which presents the company’s amortizable intangible assets in total by category as follows:

	Jul. 2, 2022						Jul. 3, 2021
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
	(In thousands)
Customer relationships	$	1,280,809	$	(594,691)	$	686,118	$	1,125,464	$	(552,444)	$	573,020
Non-compete agreements	22,147		(10,943)		11,204		19,525		(9,926)		9,599
Trademarks	148,151		(17,175)		130,976		14,360		(6,943)		7,417
Total amortizable intangible assets	$	1,451,107	$	(622,809)	$	828,298	$	1,159,349	$	(569,313)	$	590,036

Schedule of indefinite-lived intangible assets

The table below presents the company’s indefinite-lived intangible assets by category as follows:

	Jul. 2, 2022		Jul. 3, 2021
	(In thousands)
Trademarks	$	123,419	$	155,071
Licenses	966		966
Total indefinite-lived intangible assets	$	124,385	$	156,037

Schedule of intangibles estimated amortization expense for the next five years

The estimated future amortization expense for the next five fiscal years on intangible assets outstanding as of July 2, 2022 is shown below:

	Amount
	(In thousands)
2023	$	124,436
2024	120,582
2025	114,735
2026	73,165
2027	65,118