Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
	26-Week Period Ending		Fiscal Year
(dollars in thousands)	Dec.28, 2013		June 29, 2013		June30, 2012		July 2, 2011		July3,  2010 (2)		June 27, 2009
Earnings before income taxes	$	778,408	$	1,547,455	$	1,784,002	$	1,827,454	$	1,849,589	$	1,770,834
Add:  Fixed charges		71,631		153,840		154,965		151,990		155,644		140,772
Subtract:  Capitalized interest		290		4,242		20,816		13,887		9,997		3,531
Total	$	849,749	$	1,697,053	$	1,918,151	$	1,965,557	$	1,995,236	$	1,908,075
Fixed Charges:
Interest expense	$	60,312	$	128,495	$	113,396	$	118,267	$	125,477	$	116,322
Capitalized interest		290		4,242		20,816		13,887		9,997		3,531
Rent expense interest factor		11,029		21,103		20,753		19,836		20,170		20,919
Total	$	71,631	$	153,840	$	154,965	$	151,990	$	155,644	$	140,772
Ratio of earnings to fixed charges (1)		11.9		11.0		12.4		12.9		12.8		13.6
(1) For the purpose of calculating this ratio, “earnings” consist of earnings before income taxes and fixed charges (exclusive of interest capitalized).  “Fixed charges” consist of interest expense, capitalized interest and the estimated interest portion of rents.
(2) The fiscal year ended July 3, 2010 was a 53-week year.