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CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net earnings $ 918,634 $ 606,784
Adjustments to reconcile net earnings to cash provided by operating activities:    
Pension settlement charge 0 315,354
Share-based compensation expense 52,821 52,679
Depreciation and amortization 425,465 378,949
Operating lease asset amortization 59,127 55,884
Amortization of debt issuance and other debt-related costs 9,117 10,315
Deferred income taxes (28,689) (123,187)
Provision for losses on receivables 29,784 9,732
Other non-cash items (3,782) 11,525
Additional changes in certain assets and liabilities, net of effect of businesses acquired:    
Increase in receivables (25,431) (87,190)
Increase in inventories (98,047) (222,650)
Decrease (increase) in prepaid expenses and other current assets 3,362 (8,915)
Decrease in accounts payable (404,411) (390,124)
Increase (decrease) in accrued expenses 17,033 (62,779)
Decrease in operating lease liabilities (64,112) (57,234)
(Decrease) increase in accrued income taxes (55,123) 3,108
Decrease in other assets 21,942 22,156
Decrease in other long-term liabilities (1,793) (10,941)
Net cash provided by operating activities 855,897 503,466
Cash flows from investing activities:    
Additions to plant and equipment (346,797) (309,664)
Proceeds from sales of plant and equipment 18,347 25,493
Acquisition of businesses, net of cash acquired (1,174,608) (37,699)
Purchase of marketable securities (1,878) (14,019)
Proceeds from sales of marketable securities 0 11,641
Other investing activities 0 4,840
Net cash used for investing activities (1,504,936) (319,408)
Cash flows from financing activities:    
Bank and commercial paper borrowings, net 500,000 155,000
Other debt borrowings including senior notes 1,132,475 140,024
Other debt repayments including senior notes (187,720) (57,270)
Debt issuance costs (13,035) 0
Proceeds from stock option exercises 57,347 47,339
Stock repurchases (199,947) (267,727)
Dividends paid (505,588) (498,323)
Other financing activities (5,775) (46,517)
Net cash provided by (used for) financing activities 777,757 (527,474)
Effect of exchange rates on cash, cash equivalents and restricted cash 905 (2,314)
Net increase (decrease) in cash, cash equivalents and restricted cash 129,623 (345,730)
Cash, cash equivalents and restricted cash at beginning of period 966,033 931,376
Cash, cash equivalents and restricted cash at end of period 1,095,656 585,646
Cash paid during the period for:    
Interest 266,002 244,530
Income taxes, net of refunds $ 371,855 $ 289,413