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CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net earnings $ 1,297 $ 1,343
Adjustments to reconcile net earnings to cash provided by operating activities:    
Share-based compensation expense 74 77
Depreciation and amortization 709 647
Operating lease asset amortization 102 92
Amortization of debt issuance and other debt-related costs 11 14
Deferred income taxes (27) (25)
Provision for losses on receivables 72 43
Other non-cash items (84) (2)
Additional changes in certain assets and liabilities, net of effect of businesses acquired:    
Increase in receivables (228) (325)
Increase in inventories (214) (126)
(Increase) decrease in prepaid expenses and other current assets (11) 23
Decrease in accounts payable (128) (282)
(Decrease) increase in accrued expenses (98) 29
Decrease in operating lease liabilities (132) (103)
Decrease in accrued income taxes (91) (68)
Decrease in other assets 16 25
Increase in other long-term liabilities 49 11
Net cash provided by operating activities 1,317 1,373
Cash flows from investing activities:    
Additions to plant and equipment (532) (530)
Proceeds from sales of plant and equipment 169 21
Acquisition of businesses, net of cash acquired (40) (1,181)
Purchase of marketable securities (25) (12)
Proceeds from sales of marketable securities 24 0
Other investing activities 12 1
Net cash used for investing activities (392) (1,701)
Cash flows from financing activities:    
Bank and commercial paper (repayments) borrowings, net (33) 525
Other debt borrowings including senior notes 1,254 1,261
Other debt repayments including senior notes (143) (339)
Proceeds from stock option exercises 96 103
Stock repurchases (700) (700)
Dividends paid (752) (758)
Other financing activities (21) (32)
Net cash (used for) provided by financing activities (299) 60
Effect of exchange rates on cash, cash equivalents and restricted cash (7) (5)
Net increase (decrease) in cash, cash equivalents and restricted cash 619 (273)
Cash, cash equivalents and restricted cash at beginning of period 945 966
Cash, cash equivalents and restricted cash at end of period 1,564 693
Cash paid during the period for:    
Interest 453 376
Income taxes, net of refunds [1] $ 510 $ 510
[1]
Cash paid for income taxes, net for the 39 weeks ended March 29, 2025 includes $190 million of cash paid for the purchase of federal tax credits.