XML 74 R53.htm IDEA: XBRL DOCUMENT v3.7.0.1
ACQUISITIONS (Details) - USD ($)
12 Months Ended
Jul. 05, 2016
Jul. 01, 2017
Jul. 01, 2017
Jul. 02, 2016
Jun. 27, 2015
Business Combinations [Abstract]          
Acquisition of businesses, net of cash acquired   $ 2,921,798,000   $ 219,218,000 $ 115,862,000
Contingent consideration maximum number of years   3 years      
Potential cash payout for contingent consideration arrangements   $ 15,300,000 $ 15,300,000    
Contingent consideration   5,300,000 5,300,000    
Purchase Price Allocation          
Goodwill   3,916,128,000 3,916,128,000 2,121,661,000 $ 1,959,817,000
Amortized intangibles acquired during year   $ 833,100,000      
Weighted-average amortization period of amortized intangibles acquired during year (in years)   12 years      
Customer relationships          
Purchase Price Allocation          
Amortized intangibles acquired during year   $ 832,600,000      
Weighted-average amortization period of amortized intangibles acquired during year (in years)   12 years      
Cucina Lux Investments Limited          
Business Acquisition [Line Items]          
Cash consideration paid, net of cash acquired $ 626,442,000        
Payment for Brakes outstanding financial debt 2,284,100,000        
Total consideration paid, net of cash acquired 2,910,542,000        
Purchase Price Allocation          
Accounts receivable 686,776,000        
Inventory 248,031,000        
Plant and equipment 595,388,000        
Other assets 47,217,000        
Goodwill and other intangibles 2,789,065,000        
Total assets 4,366,477,000        
Accounts payable (707,622,000)        
Accrued expenses (474,501,000)        
Deferred tax liabilities (197,629,000)        
Other liabilities (76,183,000)        
Total consideration, net of cash acquired 2,910,542,000        
Goodwill 1,800,000,000        
Goodwill expected to be tax deductible 0        
Amortization of intangible assets   $ 76,200,000      
Business Acquisition, Pro Forma Information [Abstract]          
Pro forma sales, actual     5,200,000,000    
Pro forma net earnings, actual     $ 47,000,000    
Sales       55,922,506,000  
Income before taxes       1,441,667,000  
Net earnings       $ 954,888,000  
Net earnings:          
Basic earnings per common share (in dollars per share)       $ 1.67  
Diluted earnings per common share (in dollars per share)       $ 1.65  
Cucina Lux Investments Limited | Customer relationships          
Purchase Price Allocation          
Amortized intangibles acquired during year $ 832,600,000        
Weighted-average amortization period of amortized intangibles acquired during year (in years) 12 years        
Cucina Lux Investments Limited | Trademarks and Trade Names          
Purchase Price Allocation          
Amortized intangibles acquired during year $ 141,000,000