XML 41 R25.htm IDEA: XBRL DOCUMENT

BASIS OF PRESENTATION (Tables)

3 Months Ended

Sep. 28, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Our outstanding payment obligations that suppliers financed to participating financial institutions, which are included in accounts payable on the consolidated balance sheets, are as follows:


	Sep. 28, 2024		Jun. 29, 2024
	(In millions)
Financed payment obligations	$	102	$	102

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table sets forth our reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the amounts shown in the consolidated statement of cash flows:


	Sep. 28, 2024		Sep. 30, 2023
	(In millions)
Cash and cash equivalents	$	733	$	569
Restricted cash (1)	101		159
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows	$	834	$	728

Schedule of Restrictions on Cash and Cash Equivalents


	Sep. 28, 2024		Sep. 30, 2023
	(In millions)
Cash and cash equivalents	$	733	$	569
Restricted cash (1)	101		159
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows	$	834	$	728


(1)			Restricted cash primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within other assets in each consolidated balance sheet.

Schedule of Non-cash Investing and Financing Activities

The following table sets forth our non-cash investing and financing activities:


	Sep. 28, 2024		Sep. 30, 2023
	(In millions)
Non-cash investing and financing activities:
Plant and equipment acquired through financing programs	$	105	$	83
Assets obtained in exchange for finance lease obligations	23		27