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CHANGES IN CONSOLIDATED SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance (in shares) at Jul. 03, 2021   765,174,900        
Beginning balance at Jul. 03, 2021 $ 1,552,896 $ 765,175 $ 1,619,995 $ 10,151,706 $ (1,148,764) $ (9,835,216)
Treasury stock, beginning balance (in shares) at Jul. 03, 2021           253,342,595
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 545,454     545,454    
Foreign currency translation adjustment (114,064)       (114,064)  
Amortization of cash flow hedges, net of tax 4,310       4,310  
Change in cash flow hedges, net of tax (6,530)       (6,530)  
Change in net investment hedges, net of tax 18,527       18,527  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 12,003       12,003  
Pension settlement charge, net of tax 0          
Net actuarial loss arising in current year 0          
Change in marketable securities, net of tax (1,740)       (1,740)  
Dividends declared (480,535)     (480,535)    
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 106,879   70,796     $ 36,083
Share-based compensation awards (in shares)           (988,037)
Ending balance (in shares) at Jan. 02, 2022   765,174,900        
Ending balance at Jan. 02, 2022 1,221,072 $ 765,175 1,690,487 10,216,625 (1,236,258) $ (10,214,957)
Treasury stock, ending balance (in shares) at Jan. 02, 2022           258,033,856
Beginning balance (in shares) at Oct. 02, 2021   765,174,900        
Beginning balance at Oct. 02, 2021 1,673,292 $ 765,175 1,655,110 10,288,291 (1,217,937) $ (9,817,347)
Treasury stock, beginning balance (in shares) at Oct. 02, 2021           252,825,080
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 167,441     167,441    
Foreign currency translation adjustment (26,870)       (26,870)  
Amortization of cash flow hedges, net of tax 2,155       2,155  
Change in cash flow hedges, net of tax (6,101)       (6,101)  
Change in net investment hedges, net of tax 8,362       8,362  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 5,562       5,562  
Pension settlement charge, net of tax 0          
Net actuarial loss arising in current year 0          
Change in marketable securities, net of tax (1,429)       (1,429)  
Dividends declared (239,107)     (239,107)    
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 53,895   35,681     $ 18,214
Share-based compensation awards (in shares)           (470,522)
Ending balance (in shares) at Jan. 02, 2022   765,174,900        
Ending balance at Jan. 02, 2022 $ 1,221,072 $ 765,175 1,690,487 10,216,625 (1,236,258) $ (10,214,957)
Treasury stock, ending balance (in shares) at Jan. 02, 2022           258,033,856
Beginning balance (in shares) at Jul. 02, 2022 765,174,900 765,174,900        
Beginning balance at Jul. 02, 2022 $ 1,382,260 $ 765,175 1,766,305 10,539,722 (1,482,054) $ (10,206,888)
Treasury stock, beginning balance (in shares) at Jul. 02, 2022 256,531,543         256,531,543
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 606,784     606,784    
Foreign currency translation adjustment 9,632       9,632  
Amortization of cash flow hedges, net of tax 4,325       4,325  
Change in cash flow hedges, net of tax (26,187)       (26,187)  
Change in net investment hedges, net of tax (10,240)       (10,240)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 12,667       12,667  
Pension settlement charge, net of tax 236,591       236,591  
Net actuarial loss arising in current year (67,388)          
Change in marketable securities, net of tax (2,134)       (2,134)  
Dividends declared (497,168)     (497,168)    
Treasury stock purchases (in shares)           3,099,268
Treasury stock purchases (267,727)         $ (267,727)
Increase in ownership interest in subsidiaries (2,077)   (2,077)      
Share-based compensation awards $ 57,251   9,913     $ 47,338
Share-based compensation awards (in shares)           (1,783,839)
Ending balance (in shares) at Dec. 31, 2022 765,174,900 765,174,900        
Ending balance at Dec. 31, 2022 $ 1,436,589 $ 765,175 1,774,141 10,649,338 (1,324,788) $ (10,427,277)
Treasury stock, ending balance (in shares) at Dec. 31, 2022 257,846,972         257,846,972
Beginning balance (in shares) at Oct. 01, 2022   765,174,900        
Beginning balance at Oct. 01, 2022 $ 1,115,341 $ 765,175 1,754,409 10,757,136 (1,711,325) $ (10,450,054)
Treasury stock, beginning balance (in shares) at Oct. 01, 2022           258,414,989
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 141,216     141,216    
Foreign currency translation adjustment 241,814       241,814  
Amortization of cash flow hedges, net of tax 2,170       2,170  
Change in cash flow hedges, net of tax 203       203  
Change in net investment hedges, net of tax (33,749)       (33,749)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 5,702       5,702  
Pension settlement charge, net of tax 236,591       236,591  
Net actuarial loss arising in current year (67,388)       (67,388)  
Change in marketable securities, net of tax 1,194       1,194  
Dividends declared (249,014)     (249,014)    
Increase in ownership interest in subsidiaries (2,077)   (2,077)      
Share-based compensation awards $ 44,586   21,809     $ 22,777
Share-based compensation awards (in shares)           (568,017)
Ending balance (in shares) at Dec. 31, 2022 765,174,900 765,174,900        
Ending balance at Dec. 31, 2022 $ 1,436,589 $ 765,175 $ 1,774,141 $ 10,649,338 $ (1,324,788) $ (10,427,277)
Treasury stock, ending balance (in shares) at Dec. 31, 2022 257,846,972         257,846,972