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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Cash flows from operating activities:    
Net income (loss) $ 107,759 $ (83,242)
Non-cash and other reconciling items:    
Depreciation 67,462 75,535
Amortization 35,730 62,240
Amortization of Operating Lease Assets 42,054 46,560
Deferred income taxes 11,510 (42,529)
Stock-based compensation 22,293 20,757
Goodwill, long-lived and other impairments 15,166 145,836
Other, net 7,558 36,548
Changes in (net of effects from businesses acquired and divested):    
Receivables (405,700) 150,095
Inventories 63,017 227,996
Accounts payable 224,151 (112,923)
Accrued expenses and other, net 6,526 (84,263)
Net cash flows provided by operating activities 197,526 442,610
Cash flows from financing activities:    
Repayments under accounts receivable securitization, net   (127,400)
Repayments under senior unsecured credit facility, net (232,347) (1,194)
Repayments under bank credit facilities and other debt, net (2,192) (1,639)
Repurchases of common stock   (235,830)
Dividends paid on common stock (62,400) (63,235)
Other, net (11,455) (15,132)
Net cash flows used for financing activities (308,394) (444,430)
Cash flows from investing activities:    
Purchases of property, plant and equipment (39,001) (61,156)
Acquisitions of assets (18,371) (51,509)
Other, net 6,201 (12,547)
Net cash flows used for investing activities (51,171) (125,212)
Effect on currency exchange rate changes on cash and cash equivalents 7,750 (16,418)
Cash and cash equivalents:    
Decrease (154,289) (143,450)
Cash and cash equivalents at beginning of year 477,038 546,105
Cash and cash equivalents at end of year $ 322,749 $ 402,655