CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 01, 2023	Jul. 02, 2022
Current assets
Cash and cash equivalents	$ 745,201	$ 867,086
Accounts receivable, less allowances of $45,599 and $70,790	5,091,970	4,838,912
Inventories	4,480,812	4,437,498
Prepaid expenses and other current assets	284,566	303,789
Income tax receivable	5,815	35,934
Total current assets	10,608,364	10,483,219
Plant and equipment at cost, less accumulated depreciation	4,915,049	4,456,420
Other long-term assets
Goodwill	4,645,754	4,542,315
Intangibles, less amortization	859,530	952,683
Deferred income taxes	420,450	377,604
Operating lease right-of-use assets, net	731,766	723,297
Other assets	640,232	550,150
Total other long-term assets	7,297,732	7,146,049
Total assets	22,821,145	22,085,688
Current liabilities
Accounts payable	6,025,757	5,752,958
Accrued expenses	2,251,181	2,270,753
Accrued income taxes	101,894	40,042
Current operating lease liabilities	99,051	105,690
Current maturities of long-term debt	62,550	580,611
Total current liabilities	8,540,433	8,750,054
Long-term liabilities
Long-term debt	10,347,997	10,066,931
Deferred income taxes	302,904	250,171
Long-term operating lease liabilities	656,269	636,417
Other long-term liabilities	931,708	967,907
Total long-term liabilities	12,238,878	11,921,426
Noncontrolling interest	33,212	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	1,814,681	1,766,305
Retained earnings	11,310,664	10,539,722
Accumulated other comprehensive loss	(1,252,590)	(1,482,054)
Treasury stock at cost, 260,062,834 and 256,531,543 shares	(10,629,308)	(10,206,888)
Total shareholders’ equity	2,008,622	1,382,260
Total liabilities and shareholders’ equity	$ 22,821,145	$ 22,085,688