Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 01, 2016	Jul. 02, 2016
Current assets:
Cash and cash equivalents	$ 1,196,545	$ 1,031,478
Receivables, less allowances of $30,756 and $27,448, respectively	2,876,346	2,803,678
Inventories	2,418,761	2,589,659
Prepaid and other current assets	76,514	81,196
Assets held for sale (Note 3)	3,131,587	2,497,962
Total current assets	9,699,753	9,003,973
Property, plant and equipment, net	471,321	453,209
Goodwill	620,850	621,852
Intangible assets, net	20,823	22,571
Other assets	233,376	239,133
Non-current assets held for sale (Note 3)		899,067
Total assets	11,046,123	11,239,805
Current liabilities:
Short-term debt	98,017	1,152,599
Accounts payable	1,463,555	1,616,694
Accrued expenses and other	419,445	394,888
Liabilities held for sale (Note 3)	1,452,851	1,778,312
Total current liabilities	3,433,868	4,942,493
Long-term debt	2,609,617	1,339,204
Other liabilities	213,612	223,053
Non-current liabilities held for sale (Note 3)		43,769
Total liabilities	6,257,097	6,548,519
Commitments and contingencies (Note 7)
Shareholders' equity:
Common stock $1.00 par; authorized 300,000,000 shares; issued 127,574,528 shares and 127,377,466 shares, respectively	127,575	127,377
Additional paid-in capital	1,470,725	1,452,678
Retained earnings	3,679,438	3,632,271
Accumulated other comprehensive loss	(488,495)	(520,775)
Treasury stock at cost, 25,613 shares and 27,314 shares, respectively	(217)	(265)
Total shareholders' equity	4,789,026	4,691,286
Total liabilities and shareholders' equity	$ 11,046,123	$ 11,239,805

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.