MARKETABLE SECURITIES

3 Months Ended

Sep. 26, 2026

Investments, Debt and Equity Securities [Abstract]

MARKETABLE SECURITIES

MARKETABLE SECURITIES

Sysco invests a portion of the assets held by its wholly owned captive insurance subsidiary in a restricted investment portfolio of marketable fixed income securities, which have been classified and accounted for as available-for-sale. We include fixed income securities maturing in less than 12 months within prepaid expenses and other current assets. Fixed income securities maturing in more than 12 months are included within other assets in the accompanying consolidated balance sheets. We record the amounts at fair market value, which is determined using quoted market prices at the end of the reporting period.

Unrealized gains and any portion of a security’s unrealized loss attributable to non-credit losses are recorded in accumulated other comprehensive loss. There were no significant credit losses recognized in the first 13 weeks of fiscal 2027.

The following table presents our available-for-sale marketable securities as of September 26, 2026 and June 27, 2026:

	Sep. 26, 2026
	Amortized Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Short-Term Marketable Securities		Long-Term Marketable Securities
	(In millions)
Fixed income securities:
Corporate bonds	$	111	$	—	$	(2)	$	109	$	10	$	99
Government bonds	151		—		(4)		147		—		147
Total marketable securities	$	262	$	—	$	(6)	$	256	$	10	$	246
	Jun. 27, 2026
	Amortized Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Short-Term Marketable Securities		Long-Term Marketable Securities
	(In millions)
Fixed income securities:
Corporate bonds	$	76	$	—	$	—	$	76	$	16	$	60
Government bonds	62		—		(1)		61		2		59
Total marketable securities	$	138	$	—	$	(1)	$	137	$	18	$	119

As of September 26, 2026, the balance of available-for-sale securities by contractual maturity is shown in the following table. Within the table, maturities of fixed income securities have been allocated based upon timing of estimated cash flows. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.

	Sep. 26, 2026
	(In millions)
Due in one year or less	$	10
Due after one year through five years	124
Due after five years	122
Total	$	256

There were no significant realized gains or losses in marketable securities in the first 13 weeks of fiscal 2027.