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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. 02, 2022   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
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 236,591       236,591  
Net actuarial (loss) gain arising in current year (67,388)       (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 (in shares)           (1,783,839)
Share-based compensation awards 57,251   9,913     $ 47,338
Ending balance (in shares) at Dec. 31, 2022   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
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 236,591       236,591  
Net actuarial (loss) gain 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 (in shares)           (568,017)
Share-based compensation awards 44,586   21,809     $ 22,777
Ending balance (in shares) at Dec. 31, 2022   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
Beginning balance (in shares) at Jul. 01, 2023 765,174,900 765,174,900        
Beginning balance at Jul. 01, 2023 $ 2,008,622 $ 765,175 1,814,681 11,310,664 (1,252,590) $ (10,629,308)
Treasury stock, beginning balance (in shares) at Jul. 01, 2023 260,062,834         260,062,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 918,634     918,634    
Foreign currency translation adjustment 54,890       54,890  
Amortization of cash flow hedges, net of tax 4,340       4,340  
Change in cash flow hedges, net of tax 6,923       6,923  
Change in net investment hedges, net of tax (16,741)       (16,741)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 10,285       10,285  
Pension settlement charge 0          
Net actuarial (loss) gain arising in current year 503          
Change in marketable securities, net of tax 2,499       2,499  
Changes in excluded components of fair value hedge, net of tax 138       138  
Dividends declared (505,047)     (505,047)    
Treasury stock purchases (in shares)           2,862,667
Treasury stock purchases (199,947)         $ (199,947)
Share-based compensation awards (in shares)           (1,452,682)
Share-based compensation awards $ 118,935   62,520     $ 56,415
Ending balance (in shares) at Dec. 30, 2023 765,174,900 765,174,900        
Ending balance at Dec. 30, 2023 $ 2,404,034 $ 765,175 1,877,201 11,724,251 (1,189,753) $ (10,772,840)
Treasury stock, ending balance (in shares) at Dec. 30, 2023 261,472,819         261,472,819
Beginning balance (in shares) at Sep. 30, 2023   765,174,900        
Beginning balance at Sep. 30, 2023 $ 2,125,799 $ 765,175 1,838,986 11,560,924 (1,326,800) $ (10,712,486)
Treasury stock, beginning balance (in shares) at Sep. 30, 2023           260,971,761
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 415,242     415,242    
Foreign currency translation adjustment 163,084       163,084  
Amortization of cash flow hedges, net of tax 2,170       2,170  
Change in cash flow hedges, net of tax (20,225)       (20,225)  
Change in net investment hedges, net of tax (16,741)       (16,741)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 5,157       5,157  
Pension settlement charge 0          
Net actuarial (loss) gain arising in current year 0          
Change in marketable securities, net of tax 3,444       3,444  
Changes in excluded components of fair value hedge, net of tax 158       158  
Dividends declared (251,915)     (251,915)    
Treasury stock purchases (in shares)           1,479,720
Treasury stock purchases (99,973)         $ (99,973)
Share-based compensation awards (in shares)           (978,662)
Share-based compensation awards $ 77,834   38,215     $ 39,619
Ending balance (in shares) at Dec. 30, 2023 765,174,900 765,174,900        
Ending balance at Dec. 30, 2023 $ 2,404,034 $ 765,175 $ 1,877,201 $ 11,724,251 $ (1,189,753) $ (10,772,840)
Treasury stock, ending balance (in shares) at Dec. 30, 2023 261,472,819         261,472,819