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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 29, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 546,105 $ 621,125
Receivables, less allowances of $53,499 and $48,959, respectively 3,168,369 3,641,139
Inventories 3,008,424 3,141,822
Prepaid and other current assets 153,438 206,513
Total current assets 6,876,336 7,610,599
Property, plant and equipment, net 452,171 522,909
Goodwill 876,728 980,872
Intangible assets, net 143,520 219,913
Other assets 215,801 262,552
Total assets 8,564,556 9,596,845
Current liabilities:    
Short-term debt 300,538 165,380
Accounts payable 1,864,342 2,269,478
Accrued expenses and other 413,696 534,603
Total current liabilities 2,578,576 2,969,461
Long-term debt 1,419,922 1,489,219
Other liabilities 425,585 453,084
Total liabilities 4,424,083 4,911,764
Commitments and contingencies (Note 14)
Shareholders' equity:    
Common stock $1.00 par; authorized 300,000,000 shares; issued 104,037,769 shares and 115,825,062 shares, respectively 104,038 115,825
Additional paid-in capital 1,573,005 1,528,713
Retained earnings 2,767,469 3,235,894
Accumulated other comprehensive loss (304,039) (195,351)
Total shareholders' equity 4,140,473 4,685,081
Total liabilities and shareholders' equity $ 8,564,556 $ 9,596,845