SELF-INSURED LIABILITIES

12 Months Ended

Jul. 02, 2022

Loss Contingency [Abstract]

SELF-INSURED LIABILITIES

SELF-INSURED LIABILITIES

Sysco maintains a self-insurance program covering portions of workers’ compensation, general and vehicle liability and property insurance costs. The amounts in excess of the self-insured levels are fully insured by third party insurers. The company also maintains a fully self-insured group medical program. A summary of the activity in self-insured liabilities appears below:

	2022		2021		2020
	(In thousands)
Balance at beginning of period	$	359,120	$	329,648	$	297,817
Charged to costs and expenses	552,019		494,328		502,315
Payments	(513,764)		(464,856)		(470,484)
Balance at end of period	$	397,375	$	359,120	$	329,648

The long-term portion of the self-insured liability balance was $253.8 million and $227.7 million as of July 2, 2022, and July 3, 2021, respectively.