CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 29, 2024	Jul. 01, 2023
Current assets
Cash and cash equivalents	$ 696	$ 745
Accounts receivable, less allowances of $54 and $46	5,324	5,092
Inventories	4,678	4,481
Prepaid expenses and other current assets	323	284
Income tax receivable	22	6
Total current assets	11,043	10,608
Plant and equipment at cost, less accumulated depreciation	5,497	4,915
Other long-term assets
Goodwill	5,153	4,646
Intangibles, less amortization	1,188	860
Deferred income taxes	445	420
Operating lease right-of-use assets, net	923	732
Other assets	668	640
Total other long-term assets	8,377	7,298
Total assets	24,917	22,821
Current liabilities
Accounts payable	6,290	6,025
Accrued expenses	2,226	2,251
Accrued income taxes	131	102
Current operating lease liabilities	125	99
Current maturities of long-term debt	469	63
Total current liabilities	9,241	8,540
Long-term liabilities
Long-term debt	11,513	10,348
Deferred income taxes	345	303
Long-term operating lease liabilities	838	656
Other long-term liabilities	1,089	932
Total long-term liabilities	13,785	12,239
Noncontrolling interest	31	33
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	765
Paid-in capital	1,908	1,815
Retained earnings	12,260	11,311
Accumulated other comprehensive loss	(1,339)	(1,253)
Treasury stock at cost, 273,416,685 and 260,062,834 shares	(11,734)	(10,629)
Total shareholders’ equity	1,860	2,009
Total liabilities and shareholders’ equity	$ 24,917	$ 22,821