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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2023
Jul. 02, 2022
Current assets    
Cash and cash equivalents $ 757,867 $ 867,086
Accounts receivable, less allowances of $81,190 and $70,790 5,227,387 4,838,912
Inventories 4,620,614 4,437,498
Prepaid expenses and other current assets 292,726 303,789
Income tax receivable 0 35,934
Total current assets 10,898,594 10,483,219
Plant and equipment at cost, less accumulated depreciation 4,649,356 4,456,420
Other long-term assets    
Goodwill 4,613,805 4,542,315
Intangibles, less amortization 886,629 952,683
Deferred income taxes 435,800 377,604
Operating lease right-of-use assets, net 708,763 723,297
Other assets 509,086 550,150
Total other long-term assets 7,154,083 7,146,049
Total assets 22,702,033 22,085,688
Current liabilities    
Accounts payable 5,902,249 5,752,958
Accrued expenses 2,136,322 2,270,753
Accrued income taxes 123,892 40,042
Current operating lease liabilities 94,799 105,690
Current maturities of long-term debt 723,473 580,611
Total current liabilities 8,980,735 8,750,054
Long-term liabilities    
Long-term debt 10,258,345 10,066,931
Deferred income taxes 212,407 250,171
Long-term operating lease liabilities 633,224 636,417
Other long-term liabilities 1,009,016 967,907
Total long-term liabilities 12,112,992 11,921,426
Noncontrolling interest 33,004 31,948
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 1,785,075 1,766,305
Retained earnings 10,829,909 10,539,722
Accumulated other comprehensive loss (1,280,885) (1,482,054)
Treasury stock at cost, 258,761,015 and 256,531,543 shares (10,523,972) (10,206,888)
Total shareholders’ equity 1,575,302 1,382,260
Total liabilities and shareholders’ equity $ 22,702,033 $ 22,085,688