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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Jun. 29, 2019
Current assets:    
Cash and cash equivalents $ 402,655 $ 546,105
Receivables, less allowances of $50,874 and $53,499, respectively 2,987,791 3,168,369
Inventories 2,745,219 3,008,424
Prepaid and other current assets 180,956 153,438
Total current assets 6,316,621 6,876,336
Property, plant and equipment, net 413,371 452,171
Goodwill 760,939 876,728
Intangible assets, net 77,306 143,520
Operating lease assets (Note 5) 271,243  
Other assets 250,248 215,801
Total assets 8,089,728 8,564,556
Current liabilities:    
Short-term debt 399,965 300,538
Accounts payable 1,733,673 1,864,342
Accrued expenses and other 418,654 413,696
Short-term operating lease liabilities (Note 5) 55,496  
Total current liabilities 2,607,788 2,578,576
Long-term debt 1,194,240 1,419,922
Long-term operating lease liabilities (Note 5) 247,539  
Other liabilities 362,883 425,585
Total liabilities 4,412,450 4,424,083
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock $1.00 par; authorized 300,000,000 shares; issued 98,760,983 shares and 104,037,769 shares, respectively 98,761 104,038
Additional paid-in capital 1,587,294 1,573,005
Retained earnings 2,390,425 2,767,469
Accumulated other comprehensive loss (399,202) (304,039)
Total shareholders' equity 3,677,278 4,140,473
Total liabilities and shareholders' equity $ 8,089,728 $ 8,564,556