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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 26, 2020
Jun. 27, 2020
Current assets    
Cash and cash equivalents $ 5,985,532 $ 6,059,427
Accounts receivable, less allowances of $265,597 and $334,810 3,106,466 2,893,551
Inventories 3,134,732 3,095,085
Prepaid expenses and other current assets 197,074 192,163
Income tax receivable 9,294 108,006
Total current assets 12,433,098 12,348,232
Plant and equipment at cost, less accumulated depreciation 4,404,597 4,458,567
Other long-term assets    
Goodwill 3,794,152 3,732,469
Intangibles, less amortization 776,598 780,172
Deferred income taxes 228,234 194,115
Operating lease right-of-use assets, net 621,307 603,616
Other assets 483,572 511,095
Total other long-term assets 5,903,863 5,821,467
Total assets 22,741,558 22,628,266
Current liabilities    
Notes payable 5,408 2,266
Accounts payable 4,035,332 3,447,065
Accrued expenses 1,697,995 1,616,289
Accrued income taxes 0 2,938
Current operating lease liabilities 108,704 107,167
Current maturities of long-term debt 1,320,628 1,542,128
Total current liabilities 7,168,067 6,717,853
Long-term liabilities    
Long-term debt 12,422,780 12,902,485
Deferred income taxes 54,011 86,601
Long-term operating lease liabilities 545,485 523,496
Other long-term liabilities 1,217,227 1,204,953
Total long-term liabilities 14,239,503 14,717,535
Noncontrolling interest 33,977 34,265
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 1,534,281 1,506,901
Retained earnings 10,546,598 10,563,008
Accumulated other comprehensive loss (1,612,386) (1,710,881)
Treasury stock at cost, 256,075,772 and 256,915,825 shares (9,933,657) (9,965,590)
Total shareholders’ equity 1,300,011 1,158,613
Total liabilities and shareholders’ equity $ 22,741,558 $ 22,628,266