DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Jun. 29, 2024

Debt Disclosure [Abstract]

Schedule of Debt

	Jun. 29, 2024		Jul. 1, 2023
	(In millions)
U.S. Commercial paper, interest at 5.45%, maturing in fiscal 2025	$	200	$	—
Senior notes, interest at 3.65%, maturing in fiscal 2025 (1)	365		377
Senior notes, interest at 3.75%, maturing in fiscal 2026 (1)(2)	749		749
Senior notes, interest at 3.30%, maturing in fiscal 2027 (1)(2)	998		997
Debentures, interest at 7.16%, maturing in fiscal 2027 (2)(3)	43		43
Senior notes, interest at 3.25%, maturing in fiscal 2028 (1)(2)	747		746
Debentures, interest at 6.50%, maturing in fiscal 2029 (2)	155		155
Senior notes, interest at 5.75%, maturing in fiscal 2029 (1)(2)	496		—
Senior notes, interest at 2.40%, maturing in fiscal 2030 (1)(2)	497		497
Senior notes, interest at 5.95%, maturing in fiscal 2030 (1)(2)	994		993
Senior notes, interest at 2.45%, maturing in fiscal 2032 (1)(2)	446		446
Senior notes, interest at 6.00%, maturing in fiscal 2034 (1)(2)	498		—
Senior notes, interest at 5.375%, maturing in fiscal 2036 (1)(2)	383		383
Senior notes, interest at 6.625%, maturing in fiscal 2039 (1)(2)	200		200
Senior notes, interest at 6.60%, maturing in fiscal 2040 (1)(2)	350		350
Senior notes, interest at 4.85%, maturing in fiscal 2046 (1)(2)	497		496
Senior notes, interest at 4.50%, maturing in fiscal 2046 (1)(2)	495		495
Senior notes, interest at 4.45%, maturing in fiscal 2048 (1)(2)	493		493
Senior notes, interest at 3.30%, maturing in fiscal 2050 (1)(2)	495		495
Senior notes, interest at 6.60%, maturing in fiscal 2050 (1)(2)	1,177		1,177
Senior notes, interest at 3.15%, maturing in fiscal 2052 (1)(2)	788		787
Plant and equipment financing programs, finance leases, notes payable, and other debt, interest averaging 5.13% and maturing at various dates to fiscal 2052 as of June 29, 2024, and 4.49% and maturing at various dates to fiscal 2052 as of July 1, 2023	916		532
Total debt	11,982		10,411
Less current maturities of long-term debt	(469)		(63)
Net long-term debt	$	11,513	$	10,348

(1)	Represents senior notes that are unsecured, are not subject to any sinking fund requirement and include a redemption provision that allows Sysco to retire the debentures and notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the debenture and note holders are not penalized by the early redemption.
(2)	Represents senior notes, debentures and borrowings under the company’s long-term revolving credit facility that are guaranteed by certain wholly owned U.S. Broadline subsidiaries of Sysco Corporation as discussed in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and Capital Resources.”
(3)	This debenture is not subject to any sinking fund requirement and is no longer redeemable prior to maturity.

Schedule of Principal and Interest Payments

As of June 29, 2024, the principal and interest payments required to be made during the next five fiscal years on Sysco’s senior notes and debentures are shown below:

	Principal		Interest (1)
	(In millions)
2025	$	365	$	512
2026	750		473
2027	1,043		442
2028	750		410
2029	655		398

(1) Includes payments on floating rate debt based on rates as of June 29, 2024, assuming amount remains unchanged until maturity, and payments on fixed rate debt based on maturity dates. Fixed rate debt is inclusive of certain debt in which we pay a fixed interest rate on as of June 29, 2024, which will convert to floating rate debt at a later date.

Schedule of Senior Notes

Details of the Notes are as follows:

Maturity Date	Par Value (in millions)		Coupon Rate		Pricing (percentage of par)
January 17, 2029 (the 2029 Notes)	$	500	5.75	%	99.784	%
January 17, 2034 (the 2034 Notes)	500		6.00		99.037