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Basis of Presentation (Tables)
9 Months Ended
Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of reconciliation of cash, cash equivalents and restricted cash
The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Cash Flows that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows:
 
Mar. 31, 2018
 
Apr. 1, 2017
 
(In thousands)
Cash and cash equivalents
$
901,551

 
$
855,133

Restricted cash (1)
145,574

 

Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows
$
1,047,125

 
$
855,133



(1) Restricted cash as of March 31, 2018 primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, formed in the second quarter of fiscal 2018, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. In addition, the restricted cash balance includes cash related to acquisitions that is held in escrow until certain obligations are met. Restricted cash is primarily located within other assets in the consolidated balance sheet as of March 31, 2018, with a lesser amount reported in other current assets.
Restrictions on cash and cash equivalents
The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Cash Flows that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows:
 
Mar. 31, 2018
 
Apr. 1, 2017
 
(In thousands)
Cash and cash equivalents
$
901,551

 
$
855,133

Restricted cash (1)
145,574

 

Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows
$
1,047,125

 
$
855,133



(1) Restricted cash as of March 31, 2018 primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, formed in the second quarter of fiscal 2018, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. In addition, the restricted cash balance includes cash related to acquisitions that is held in escrow until certain obligations are met. Restricted cash is primarily located within other assets in the consolidated balance sheet as of March 31, 2018, with a lesser amount reported in other current assets.