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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2017
Jul. 02, 2016
Current assets    
Cash and cash equivalents $ 869,502 $ 3,919,351
Accounts and notes receivable, less allowances of $31,059 and $37,880 4,012,393 3,380,971
Inventories, net 2,995,598 2,639,174
Prepaid expenses and other current assets 139,185 114,454
Income tax receivable 16,760 0
Total current assets 8,033,438 10,053,899
Plant and equipment at cost, less depreciation 4,377,302 3,880,442
Long-term assets    
Goodwill 3,916,128 2,121,661
Intangibles, less amortization 1,037,511 207,461
Deferred income taxes 142,472 207,320
Other assets 249,804 251,021
Total long-term assets 5,345,915 2,787,463
Total assets 17,756,655 16,721,804
Current liabilities    
Notes payable 3,938 89,563
Accounts payable 3,971,112 2,935,982
Accrued expenses 1,576,221 1,289,312
Accrued income taxes 14,540 110,690
Current maturities of long-term debt 530,075 8,909
Total current liabilities 6,095,886 4,434,456
Long-term liabilities    
Long-term debt 7,660,877 7,336,930
Deferred income taxes 161,715 26,942
Other long-term liabilities 1,373,822 1,368,482
Total long-term liabilities 9,196,414 8,732,354
Commitments and contingencies
Noncontrolling interests 82,839 75,386
Shareholders’ equity    
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none 0 0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares 765,175 765,175
Paid-in capital 1,327,366 1,281,140
Retained earnings 9,447,755 9,006,138
Accumulated other comprehensive loss (1,262,737) (1,358,118)
Treasury stock at cost, 235,135,699 and 205,577,484 shares (7,896,043) (6,214,727)
Total shareholders’ equity 2,381,516 3,479,608
Total liabilities and shareholders’ equity $ 17,756,655 16,721,804
Scenario, Previously Reported    
Current assets    
Cash and cash equivalents   $ 3,919,300