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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 02, 2021
Jul. 03, 2021
Current assets    
Cash and cash equivalents $ 2,067,873 $ 3,007,123
Accounts receivable, less allowances of $126,759 and $117,695 4,309,883 3,781,510
Inventories 4,054,844 3,695,219
Prepaid expenses and other current assets 255,588 240,956
Income tax receivable 0 8,759
Total current assets 10,688,188 10,733,567
Plant and equipment at cost, less accumulated depreciation 4,343,263 4,326,063
Other long-term assets    
Goodwill 4,402,354 3,944,139
Intangibles, less amortization 927,966 746,073
Deferred income taxes 360,193 352,523
Operating lease right-of-use assets, net 750,675 709,163
Other assets 630,227 602,011
Total other long-term assets 7,071,415 6,353,909
Total assets 22,102,866 21,413,539
Current liabilities    
Notes payable 8,909 8,782
Accounts payable 5,238,313 4,884,781
Accrued expenses 1,809,459 1,814,837
Accrued income taxes 83,141 22,644
Current operating lease liabilities 106,927 102,659
Current maturities of long-term debt 491,233 486,141
Total current liabilities 7,737,982 7,319,844
Long-term liabilities    
Long-term debt 10,645,443 10,588,184
Deferred income taxes 171,653 147,066
Long-term operating lease liabilities 672,465 634,481
Other long-term liabilities 1,167,875 1,136,480
Total long-term liabilities 12,657,436 12,506,211
Noncontrolling interest 34,156 34,588
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 1,655,110 1,619,995
Retained earnings 10,288,291 10,151,706
Accumulated other comprehensive loss (1,217,937) (1,148,764)
Treasury stock at cost, 252,825,080 and 253,342,595 shares (9,817,347) (9,835,216)
Total shareholders’ equity 1,673,292 1,552,896
Total liabilities and shareholders’ equity $ 22,102,866 $ 21,413,539