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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Jul. 02, 2022
Current assets    
Cash and cash equivalents $ 500,340 $ 867,086
Accounts receivable, less allowances of $84,646 and $70,790 4,907,836 4,838,912
Inventories 4,661,516 4,437,498
Prepaid expenses and other current assets 300,513 303,789
Income tax receivable 25,801 35,934
Total current assets 10,396,006 10,483,219
Plant and equipment at cost, less accumulated depreciation 4,562,435 4,456,420
Other long-term assets    
Goodwill 4,576,898 4,542,315
Intangibles, less amortization 911,196 952,683
Deferred income taxes 435,183 377,604
Operating lease right-of-use assets, net 708,535 723,297
Other assets 496,978 550,150
Total other long-term assets 7,128,790 7,146,049
Total assets 22,087,231 22,085,688
Current liabilities    
Accounts payable 5,420,422 5,752,958
Accrued expenses 2,128,945 2,270,753
Accrued income taxes 33,017 40,042
Current operating lease liabilities 104,070 105,690
Current maturities of long-term debt 702,067 580,611
Total current liabilities 8,388,521 8,750,054
Long-term liabilities    
Long-term debt 10,349,913 10,066,931
Deferred income taxes 232,444 250,171
Long-term operating lease liabilities 633,824 636,417
Other long-term liabilities 1,012,634 967,907
Total long-term liabilities 12,228,815 11,921,426
Noncontrolling interest 33,306 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 1,774,141 1,766,305
Retained earnings 10,649,338 10,539,722
Accumulated other comprehensive loss (1,324,788) (1,482,054)
Treasury stock at cost, 257,846,972 and 256,531,543 shares (10,427,277) (10,206,888)
Total shareholders’ equity 1,436,589 1,382,260
Total liabilities and shareholders’ equity $ 22,087,231 $ 22,085,688