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Consolidated Statements of Cash Flows (USD $)
In Thousands
12 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jun. 27, 2009
Cash flows from operating activities:      
Net income (loss) $ 669,069 $ 410,370 $ (1,129,712)
Non-cash and other reconciling items:      
Depreciation and amortization 81,389 60,643 65,781
Deferred income taxes (Note 9) 15,966 46,424 (92,787)
Stock-based compensation (Note 12) 28,931 28,363 18,269
Gain on sale of assets (Note 2)   (8,751) (14,318)
Gain on bargain purchase and other (Note 2) (22,715)    
Impairment charges (Note 6) 0 0 1,411,127
Other, net (Note 15) 56,846 15,385 38,414
Changes in (net of effects from businesses acquired):      
Receivables (421,457) (1,070,302) 709,908
Inventories (321,939) (459,917) 483,453
Accounts payable 165,185 963,332 (375,509)
Accrued expenses and other, net 26,804 (15,962) 3,409
Net cash flows provided by (used for) operating activities 278,079 (30,415) 1,118,035
Cash flows from financing activities:      
Borrowings under accounts receivable securitization program, net (Note 7) 160,000    
Issuance of notes in a public offering, net of issuance costs (Note 7)   296,469  
Repayment of notes (Note 7) (109,600)   (300,000)
Proceeds from (repayments of) bank debt, net (Note 7) 1,644 (1,732) (90,444)
Proceeds from (repayments of) other debt, net (Note 7) 7,238 (2,803) (16,361)
Other, net (Note 12) 3,930 4,838 1,564
Net cash flows provided by (used for) financing activities 63,212 296,772 (405,241)
Cash flows from investing activities:      
Purchases of property, plant and equipment (148,707) (66,888) (110,219)
Cash proceeds from sales of property, plant and equipment 10,621 12,015 13,157
Acquisitions of operations and investments, net of cash acquired (Note 2) (690,997) (69,333) (314,941)
Cash proceeds from divestiture activities (Note 2) 19,108 11,785 14,318
Net cash flows used for investing activities (809,975) (112,421) (397,685)
Effect of exchange rate changes on cash and cash equivalents 51,916 (5,755) (11,637)
Cash and cash equivalents:      
- (decrease) increase (416,768) 148,181 303,472
- at beginning of year 1,092,102 943,921 640,449
- at end of year $ 675,334 $ 1,092,102 $ 943,921