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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 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  
Pension settlement charge, net of tax 0          
Net actuarial loss arising in current year 0          
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        
Ending balance at Apr. 02, 2022 1,321,409 $ 765,175 1,737,301 10,279,792 (1,299,004) $ (10,161,855)
Treasury stock, ending balance (in shares) at Apr. 02, 2022           256,507,982
Beginning balance (in shares) at Jan. 02, 2022   765,174,900        
Beginning balance at Jan. 02, 2022 1,221,072 $ 765,175 1,690,487 10,216,625 (1,236,258) $ (10,214,957)
Treasury stock, beginning balance (in shares) at Jan. 02, 2022           258,033,856
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  
Pension settlement charge, net of tax 0          
Net actuarial loss arising in current year 0          
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        
Ending balance at Apr. 02, 2022 $ 1,321,409 $ 765,175 1,737,301 10,279,792 (1,299,004) $ (10,161,855)
Treasury stock, ending balance (in shares) at Apr. 02, 2022           256,507,982
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 $ 1,036,388     1,036,388    
Foreign currency translation adjustment 72,403       72,403  
Amortization of cash flow hedges, net of tax 6,495       6,495  
Change in cash flow hedges, net of tax (48,642)       (48,642)  
Change in net investment hedges, net of tax (15,641)       (15,641)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 18,346       18,346  
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 (995)       (995)  
Dividends declared (746,201)     (746,201)    
Treasury stock purchases (in shares)           4,629,297
Treasury stock purchases (383,750)         $ (383,750)
Increase in ownership interest in subsidiaries (2,077)   (2,077)      
Share-based compensation awards $ 87,513   20,847     $ 66,666
Share-based compensation awards (in shares)           (2,399,825)
Ending balance (in shares) at Apr. 01, 2023 765,174,900 765,174,900        
Ending balance at Apr. 01, 2023 $ 1,575,302 $ 765,175 1,785,075 10,829,909 (1,280,885) $ (10,523,972)
Treasury stock, ending balance (in shares) at Apr. 01, 2023 258,761,015         258,761,015
Beginning balance (in shares) at Dec. 31, 2022   765,174,900        
Beginning balance at Dec. 31, 2022 $ 1,436,589 $ 765,175 1,774,141 10,649,338 (1,324,788) $ (10,427,277)
Treasury stock, beginning balance (in shares) at Dec. 31, 2022           257,846,972
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 429,604     429,604    
Foreign currency translation adjustment 62,771       62,771  
Amortization of cash flow hedges, net of tax 2,170       2,170  
Change in cash flow hedges, net of tax (22,455)       (22,455)  
Change in net investment hedges, net of tax (5,401)       (5,401)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 5,679       5,679  
Pension settlement charge, net of tax 0          
Net actuarial loss arising in current year 0          
Change in marketable securities, net of tax 1,139       1,139  
Dividends declared (249,033)     (249,033)    
Treasury stock purchases (in shares)           1,530,029
Treasury stock purchases (116,023)         $ (116,023)
Share-based compensation awards $ 30,262   10,934     $ 19,328
Share-based compensation awards (in shares)           (615,986)
Ending balance (in shares) at Apr. 01, 2023 765,174,900 765,174,900        
Ending balance at Apr. 01, 2023 $ 1,575,302 $ 765,175 $ 1,785,075 $ 10,829,909 $ (1,280,885) $ (10,523,972)
Treasury stock, ending balance (in shares) at Apr. 01, 2023 258,761,015         258,761,015