XML 21 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 01, 2022
Jul. 02, 2022
Current assets    
Cash and cash equivalents $ 437,670 $ 867,086
Accounts receivable, less allowances of $74,002 and $70,790 5,336,857 4,838,912
Inventories 4,682,609 4,437,498
Prepaid expenses and other current assets 310,131 303,789
Income tax receivable 0 35,934
Total current assets 10,767,267 10,483,219
Plant and equipment at cost, less accumulated depreciation 4,462,608 4,456,420
Other long-term assets    
Goodwill 4,434,476 4,542,315
Intangibles, less amortization 906,385 952,683
Deferred income taxes 382,778 377,604
Operating lease right-of-use assets, net 704,664 723,297
Other assets 552,765 550,150
Total other long-term assets 6,981,068 7,146,049
Total assets 22,210,943 22,085,688
Current liabilities    
Accounts payable 6,018,227 5,752,958
Accrued expenses 2,177,793 2,270,753
Accrued income taxes 113,388 40,042
Current operating lease liabilities 94,027 105,690
Current maturities of long-term debt 555,829 580,611
Total current liabilities 8,959,264 8,750,054
Long-term liabilities    
Long-term debt 10,263,331 10,066,931
Deferred income taxes 241,748 250,171
Long-term operating lease liabilities 628,861 636,417
Other long-term liabilities 971,190 967,907
Total long-term liabilities 12,105,130 11,921,426
Noncontrolling interest 31,208 31,948
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 1,754,409 1,766,305
Retained earnings 10,757,136 10,539,722
Accumulated other comprehensive loss (1,711,325) (1,482,054)
Treasury stock at cost, 258,414,989 and 256,531,543 shares (10,450,054) (10,206,888)
Total shareholders’ equity 1,115,341 1,382,260
Total liabilities and shareholders’ equity $ 22,210,943 $ 22,085,688