XML 21 R8.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Mar. 28, 2026
Mar. 29, 2025
Cash flows from operating activities:    
Net earnings $ 1,206 $ 1,297
Adjustments to reconcile net earnings to cash provided by operating activities:    
Share-based compensation expense 95 74
Depreciation and amortization 724 709
Operating lease asset amortization 113 102
Amortization of debt issuance and other debt-related costs 11 11
Deferred income taxes (14) (27)
Provision for losses on receivables 62 72
Other non-cash items (40) (84)
Additional changes in certain assets and liabilities, net of effect of businesses acquired:    
Increase in receivables (335) (228)
Increase in inventories (233) (214)
Increase in prepaid expenses and other current assets (19) (11)
Increase (decrease) in accounts payable 43 (128)
Increase (decrease) in accrued expenses 100 (98)
Decrease in operating lease liabilities (158) (132)
Decrease in accrued income taxes (69) (91)
(Increase) decrease in other assets (13) 16
(Decrease) increase in other long-term liabilities (10) 49
Net cash provided by operating activities 1,463 1,317
Cash flows from investing activities:    
Additions to plant and equipment (461) (532)
Proceeds from sales of plant and equipment 131 169
Acquisition of businesses, net of cash acquired (189) (40)
Purchase of marketable securities (15) (25)
Proceeds from sales of marketable securities 22 24
Other investing activities 23 12
Net cash used for investing activities (489) (392)
Cash flows from financing activities:    
Bank and commercial paper borrowings (repayments), net 251 (33)
Other debt borrowings including senior notes 1,252 1,254
Other debt repayments including senior notes (866) (143)
Proceeds from stock option exercises 124 96
Stock repurchases (200) (700)
Dividends paid (778) (752)
Other financing activities (45) (21)
Net cash used for financing activities (262) (299)
Effect of exchange rates on cash, cash equivalents and restricted cash (5) (7)
Net increase in cash, cash equivalents and restricted cash 707 619
Cash, cash equivalents and restricted cash at beginning of period 1,349 945
Cash, cash equivalents and restricted cash at end of period 2,056 1,564
Cash paid during the period for:    
Interest 521 453
Income taxes, net of refunds [1] $ 401 $ 510
[1]
Cash paid for income taxes, net for the 39 weeks ended March 28, 2026 and March 29, 2025 includes $227 million and $190 million, respectively,
of cash paid for the purchase of federal tax credits.