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CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Cash flows from operating activities:    
Net earnings $ 1,036,388 $ 848,779
Adjustments to reconcile net earnings to cash provided by operating activities:    
Pension settlement charge 315,354 0
Share-based compensation expense 73,765 90,667
Depreciation and amortization 574,945 571,607
Operating lease asset amortization 83,959 82,415
Amortization of debt issuance and other debt-related costs 15,019 16,160
Deferred income taxes (163,044) (110,058)
Provision for losses on receivables 21,899 572
Loss on extinguishment of debt 0 115,603
Other non-cash items 2,787 (8,945)
Additional changes in certain assets and liabilities, net of effect of businesses acquired:    
Increase in receivables (405,372) (908,127)
Increase in inventories (172,117) (644,799)
Increase in prepaid expenses and other current assets (6,242) (25,391)
Increase in accounts payable 88,995 764,263
(Decrease) increase in accrued expenses (55,162) 131,376
Decrease in operating lease liabilities (100,847) (99,343)
Increase (decrease) in accrued income taxes 119,784 (42,013)
Decrease (increase) in other assets 23,843 (6,595)
Decrease in other long-term liabilities (28,172) (30,300)
Net cash provided by operating activities 1,425,782 745,871
Cash flows from investing activities:    
Additions to plant and equipment (474,456) (327,535)
Proceeds from sales of plant and equipment 28,313 15,946
Acquisition of businesses, net of cash acquired (37,384) (1,281,835)
Purchase of marketable securities (15,078) (19,318)
Proceeds from sales of marketable securities 11,641 16,648
Other investing activities 5,610 12,773
Net cash used for investing activities (481,354) (1,583,321)
Cash flows from financing activities:    
Other debt borrowings including senior notes 174,262 1,251,484
Other debt repayments including senior notes (81,345) (38,370)
Redemption premiums and repayments for senior notes 0 (1,395,668)
Debt issuance costs 0 (15,547)
Cash received from termination of interest rate swap agreements 0 23,127
Proceeds from stock option exercises 67,115 89,185
Stock repurchases (377,800) (415,824)
Dividends paid (747,378) (719,865)
Other financing activities (57,906) (19,456)
Net cash used for financing activities (1,023,052) (1,240,934)
Effect of exchange rates on cash, cash equivalents and restricted cash 1,713 (13,623)
Net decrease in cash, cash equivalents and restricted cash (76,911) (2,092,007)
Cash, cash equivalents and restricted cash at beginning of period 931,376 3,037,100
Cash, cash equivalents and restricted cash at end of period 854,465 945,093
Cash paid during the period for:    
Interest 343,402 456,996
Income taxes, net of refunds $ 306,174 $ 395,065