XML 65 R46.htm IDEA: XBRL DOCUMENT v3.25.2
DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Jun. 28, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
 Jun. 28, 2025Jun. 29, 2024
 (In millions)
Euro Commercial paper, interest at 2.22%, maturing in fiscal 2026
$205 $— 
U.S. Commercial paper, interest at 5.45%, matured in fiscal 2025
— 200 
Senior notes, interest at 3.65%, matured in fiscal 2025 (1)
— 365 
Senior notes, interest at 3.75%, maturing in fiscal 2026 (1)(2)
750 749 
Senior notes, interest at 3.30%, maturing in fiscal 2027 (1)(2)
999 998 
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)
748 747 
Debentures, interest at 6.50%, maturing in fiscal 2029 (2)
155 155 
Senior notes, interest at 5.75%, maturing in fiscal 2029 (1)(2)
497 496 
Senior notes, interest at 2.40%, maturing in fiscal 2030 (1)(2)
498497
Senior notes, interest at 5.95%, maturing in fiscal 2030 (1)(2)
995994
Senior notes, interest at 5.10%, maturing in fiscal 2031 (1)(2)
695— 
Senior notes, interest at 2.45%, maturing in fiscal 2032 (1)(2)
447446
Senior notes, interest at 6.00%, maturing in fiscal 2034 (1)(2)
507 498 
Senior notes, interest at 5.40%, maturing in fiscal 2035 (1)(2)
562— 
Senior notes, interest at 5.375%, maturing in fiscal 2036 (1)(2)
383383 
Senior notes, interest at 6.625%, maturing in fiscal 2039 (1)(2)
200200 
Senior notes, interest at 6.60%, maturing in fiscal 2040 (1)(2)
350350 
Senior notes, interest at 4.85%, maturing in fiscal 2046 (1)(2)
497497 
Senior notes, interest at 4.50%, maturing in fiscal 2046 (1)(2)
495495 
Senior notes, interest at 4.45%, maturing in fiscal 2048 (1)(2)
493493 
Senior notes, interest at 3.30%, maturing in fiscal 2050 (1)(2)
495495 
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)
788788 
Plant and equipment financing programs, finance leases, notes payable, and other debt, interest averaging 5.14% and maturing at various dates to fiscal 2052 as of June 28, 2025, and 5.13% and maturing at various dates to fiscal 2052 as of June 29, 2024
1,330 916 
Total debt13,309 11,982 
Less current maturities of long-term debt(949)(469)
Net long-term debt$12,360 $11,513 
(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 28, 2025, 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)
2026$750 $543 
20271,043 508 
2028750 476 
2029655 464 
20301,500 435 
(1)
Includes payments on floating rate debt based on rates as of June 28, 2025, assuming amount remains unchanged until maturity, and payments on fixed rate debt based on maturity dates.
Schedule of Senior Notes Details of the Notes are as follows:
Maturity DatePar Value
(in millions)
Coupon RatePricing
(percentage of par)
September 23, 2030 (the 2030 Notes)$700 5.10 %99.975 %
March 23, 2035 (the 2035 Notes)550 5.40 99.924