GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Jun. 29, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Roll Forward Table by Reporting Segments

The changes in the carrying amount of goodwill by reportable segment for the years presented are as follows:

	U.S. Foodservice Operations		International Foodservice Operations		SYGMA		Other		Total
	(In millions)
Carrying amount as of July 2, 2022	$	2,211	$	2,110	$	33	$	188	$	4,542
Goodwill acquired during year	39		—		—		—		39
Currency translation/other	(3)		68		—		—		65
Carrying amount as of July 1, 2023	$	2,247	$	2,178	$	33	$	188	$	4,646
Goodwill acquired during year	510		7		—		—		517
Currency translation/other	(1)		(9)		—		—		(10)
Carrying amount as of June 29, 2024	$	2,756	$	2,176	$	33	$	188	$	5,153

Schedule of Amortized Intangible Assets

Fully amortized intangible assets have been removed in the period fully amortized in the table below which presents the company’s amortizable intangible assets in total by category as follows:

	Jun. 29, 2024						Jul. 1, 2023
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
	(In millions)
Customer relationships	$	1,502	$	(754)	$	748	$	1,284	$	(685)	$	599
Non-compete agreements	28		(20)		8		26		(15)		11
Trademarks	151		(32)		119		147		(26)		121
Other	10		(1)		9		—		—		—
Total amortizable intangible assets	$	1,691	$	(807)	$	884	$	1,457	$	(726)	$	731

Schedule of Indefinite-Lived Intangible Assets

The table below presents our indefinite-lived intangible assets by category as follows:

	Jun. 29, 2024		Jul. 1, 2023
	(In millions)
Trademarks	$	303	$	127
Licenses	1		1
Total indefinite-lived intangible assets	$	304	$	128

Schedule of Intangibles Estimated Amortization Expense for the Next Five Years

The estimated future amortization expense for the next five fiscal years on intangible assets outstanding as of June 29, 2024 is shown below:

	Amount
	(In millions)
2025	$	139
2026	96
2027	88
2028	84
2029	83