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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Cash flows from operating activities:    
Net income $ 409,725 $ 413,180
Non-cash and other reconciling items:    
Depreciation 71,112 70,919
Amortization 21,183 32,630
Deferred income taxes 3,963 29,500
Stock-based compensation 47,724 48,890
Other, net 43,665 57,766
Changes in (net of effects from businesses acquired):    
Receivables 181,723 (186,037)
Inventories (319,865) (89,994)
Accounts payable (74,510) 118,449
Accrued expenses and other, net (87,593) (210,751)
Net cash flows provided by operating activities 297,127 284,552
Cash flows from financing activities:    
Issuance of notes, net of issuance costs 542,043  
Repayment of notes (250,000)  
Borrowings (repayments) under accounts receivable securitization program, net (400,000) 110,000
Borrowings (repayments) of bank and revolving debt, net 448,468 (96,372)
Repurchases of common stock (Note 9) (334,177) (147,606)
Dividends paid on common stock (66,944) (65,602)
Other, net (12,028) (13,993)
Net cash flows used for financing activities (72,638) (213,573)
Cash flows from investing activities:    
Purchases of property, plant and equipment (111,070) (133,422)
Acquisitions of businesses, net of cash acquired (Note 2) (19,675)  
Other, net 8,436 (8,765)
Net cash flows used for investing activities (122,309) (142,187)
Effect of currency exchange rate changes on cash and cash equivalents 1,752 (54,295)
Cash and cash equivalents:    
- increase (decrease) 103,932 (125,503)
- at beginning of period 932,553 928,971
- at end of period $ 1,036,485 $ 803,468