Supplemental Guarantor Information - Parent Guarantee (Parent Guarantee [Member])

3 Months Ended

Oct. 01, 2011

Parent Guarantee [Member]

Supplemental Guarantor Information - Parent Guarantee

13. SUPPLEMENTAL GUARANTOR INFORMATION — PARENT GUARANTEE

     Sysco International, ULC is an unlimited liability company organized under the laws of the Province of British Columbia, Canada and is a wholly-owned subsidiary of Sysco. In May 2002, Sysco International, Co. issued, in a private offering, $200.0 million of 6.10% notes due in 2012. These notes are fully and unconditionally guaranteed by Sysco.

     The following condensed consolidating financial statements present separately the financial position, results of operations and cash flows of the parent guarantor (Sysco), the subsidiary issuer (Sysco International) and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis with eliminating entries.

	Condensed Consolidating Balance Sheet
	October 1, 2011
						Other
			Sysco			Non-Guarantor						Consolidated
	Sysco		International			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	200,076	$	18		$	5,496,140		$	—		$	5,696,234
Investment in subsidiaries		14,459,412		385,449			51,391			(14,896,252	)		—
Plant and equipment, net		593,156		—			3,022,205			—			3,615,361
Other assets		389,985		224			1,745,059			—			2,135,268
Total assets	$	15,642,629	$	385,691		$	10,314,795		$	(14,896,252	)	$	11,446,863
Current liabilities	$	401,006	$	204,083		$	2,973,601		$	—		$	3,578,690
Intercompany payables (receivables)		7,896,806		(4,891	)		(7,891,915	)		—			—
Long-term debt		2,335,586		—			49,400			—			2,384,986
Other liabilities		504,461		—			324,471			—			828,932
Shareholders' equity		4,504,770		186,499			14,859,238			(14,896,252	)		4,654,255
Total liabilities and shareholders' equity	$	15,642,629	$	385,691		$	10,314,795		$	(14,896,252	)	$	11,446,863

	Condensed Consolidating Balance Sheet
	July 2, 2011
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	354,450	$	34	$	5,378,398		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		371,866		128,461			(14,514,896	)		—
Plant and equipment, net		569,567		—		2,942,822			—			3,512,389
Other assets		378,317		329		1,761,638			—			2,140,284
Total assets	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555
Current liabilities	$	430,300	$	201,016	$	2,943,759		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		9,301		(7,809,555	)		—			—
Long-term debt		2,227,483		—		52,034			—			2,279,517
Other liabilities		405,376		—		420,345			—			825,721
Shareholders' equity		4,453,490		161,912		14,604,736			(14,514,896	)		4,705,242
Total liabilities and shareholders' equity	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	October 2, 2010
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	219,678	$	21	$	5,069,712		$	—		$	5,289,411
Investment in subsidiaries		15,670,458		493,563		130,477			(16,294,498	)		—
Plant and equipment, net		471,947		—		2,805,636			—			3,277,583
Other assets		386,531		543		1,701,342			—			2,088,416
Total assets	$	16,748,614	$	494,127	$	9,707,167		$	(16,294,498	)	$	10,655,410
Current liabilities	$	369,160	$	4,165	$	2,772,696		$	—		$	3,146,021
Intercompany payables (receivables)		9,832,833		84,075		(9,916,908	)		—			—
Long-term debt		2,233,383		199,897		53,366			—			2,486,646
Other liabilities		513,242		—		528,506			—			1,041,748
Shareholders' equity		3,799,996		205,990		16,269,507			(16,294,498	)		3,980,995
Total liabilities and shareholders' equity	$	16,748,614	$	494,127	$	9,707,167		$	(16,294,498	)	$	10,655,410

	Condensed Consolidating Results of Operations
	For the 13-Week Period Ended October 1, 2011
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	—		$	10,586,390		$	—		$	10,586,390
Cost of sales		—			—			8,638,790			—			8,638,790
Gross profit		—			—			1,947,600			—			1,947,600
Operating expenses		116,963			34			1,321,263			—			1,438,260
Operating income (loss)		(116,963	)		(34	)		626,337			—			509,340
Interest expense (income)		96,278			2,736			(69,540	)		—			29,474
Other expense (income), net		(1,315	)		—			1,565			—			250
Earnings (losses) before income taxes		(211,926	)		(2,770	)		694,312			—			479,616
Income tax (benefit) provision		(78,193	)		(1,022	)		256,178			—			176,963
Equity in earnings of subsidiaries		436,386			26,335			—			(462,721	)		—
Net earnings	$	302,653		$	24,587		$	438,134		$	(462,721	)	$	302,653

	Condensed Consolidating Results of Operations
	For the 13-Week Period Ended October 2, 2010
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	—		$	9,751,274		$	—		$	9,751,274
Cost of sales		—			—			7,905,170			—			7,905,170
Gross profit		—			—			1,846,104			—			1,846,104
Operating expenses		118,990			33			1,220,841			—			1,339,864
Operating income (loss)		(118,990	)		(33	)		625,263			—			506,240
Interest expense (income)		130,989			2,576			(102,464	)		—			31,101
Other expense (income), net		(83	)		—			(1,601	)		—			(1,684	)
Earnings (losses) before income taxes		(249,896	)		(2,609	)		729,328			—			476,823
Income tax (benefit) provision		(93,159	)		(973	)		271,886			—			177,754
Equity in earnings of subsidiaries		455,806			15,474			—			(471,280	)		—
Net earnings	$	299,069		$	13,838		$	457,442		$	(471,280	)	$	299,069

	Condensed Consolidating Cash Flows
	For the 13-Week Period Ended October 1, 2011
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(74,065	)	$	27,774		$	301,634		$	255,343
Investing activities		(65,808	)		—			(208,022	)		(273,830	)
Financing activities		(142,476	)		—			(183,270	)		(325,746	)
Effect of exchange rates on cash		—			—			(11,431	)		(11,431	)
Intercompany activity		111,977			(27,774	)		(84,203	)		—
Net increase (decrease) in cash		(170,372	)		—			(185,292	)		(355,664	)
Cash at the beginning of the period		305,513			—			334,252			639,765
Cash at the end of the period	$	135,141		$	—		$	148,960		$	284,101

	Condensed Consolidating Cash Flows
	For the 13-Week Period Ended October 2, 2010
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(116,168	)	$	16,971		$	325,979		$	226,782
Investing activities		(59,502	)		—			(87,928	)		(147,430	)
Financing activities		(222,242	)		—			(1,861	)		(224,103	)
Effect of exchange rates on cash		—			—			7,682			7,682
Intercompany activity		195,160			(16,971	)		(178,189	)		—
Net increase (decrease) in cash		(202,752	)		—			65,683			(137,069	)
Cash at the beginning of the period		373,523			—			211,920			585,443
Cash at the end of the period	$	170,771		$	—		$	277,603		$	448,374