8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 8, 2011

Sysco Corporation

(Exact name of registrant as specified in its charter)

Delaware	1-06544	74-1648137
(State or Other Jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification No.)

1390 Enclave Parkway, Houston, TX 77077-2099

(Address of principal executive office) (zip code)

Registrant’s telephone number, including area code: (281) 584-1390

N/A

(Former name or former address, if changed since last report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

     Unless this Form 8-K indicates otherwise or the context otherwise requires, the terms “we,” “our,” “us,” “Sysco,” or “the company” as used in this Form 8-K refer to Sysco Corporation together with its consolidated subsidiaries and divisions.

     Sysco’s management has changed the way it evaluates the performance of its operating segment results. Beginning with the first quarter of fiscal 2012, each segment’s operating income no longer includes certain centrally incurred costs for corporate overhead and shared services. Previously, these centrally incurred costs were charged to the segments based upon the relative level of service used by each operating segment. Management now evaluates the performance of each of our operating segments based on its respective operating income results, which excludes the allocation of certain centrally incurred costs. This results in higher operating income at an operating segment level and higher corporate expenses.

     Also in the first quarter of fiscal 2012, we reorganized our buying cooperative to streamline certain business functions. This function began operating as a shared corporate cost center. As a result, Sysco changed the consolidated results of operations for the classification of certain centrally incurred purchasing costs to be recognized within operating expenses. Prior to fiscal 2012, these costs were netted against cost of sales and reflected as a reduction to gross profit.

     Both the new segment performance basis of reporting and the change in consolidated results of operations presentation are reflected in Sysco’s Form 10-Q for the quarter ended October 1, 2011. In the exhibits to this Form 8-K, Sysco has revised applicable sections of Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) and Financial Statements and Supplementary Data included in the company’s Annual Report on Form 10-K for the fiscal year ended July 2, 2011 (the 2011 Form 10-K) to reflect these changes.

     The MD&A and Financial Statements and Supplementary Data filed with this Form 8-K are historical in nature and have not been updated in any way other than to reflect the new basis of determining segment operating income without the allocation of certain centrally incurred costs and the classification of centrally incurred purchasing costs, except that a typographical error has been corrected in the MD&A. The latter removed an ambiguity in the MD&A to clarify that the costs of the Company’s Business Transformation Project are expected to exceed the benefits during Fiscal 2012. Except for the revisions described above, the MD&A is applicable as of August 30, 2011, the filing date for the 2011 Form 10-K. For this reason, the MD&A may include predictions or other forward-looking statements that are now outdated. No other information in our 2011 Form 10-K has been updated for events or developments that occurred subsequent to the initial filing of the 2011 Form 10-K with the U.S. Securities and Exchange Commission (the SEC). For developments since the initial filing of the 2011 Form 10-K, and a current MD&A discussion about the company, please refer to our Quarterly Report on Form 10-Q for the period ended October 1, 2011. The information in this Form 8-K, including the exhibits, should be read in conjunction with the 2011 Form 10-K and subsequent SEC filings, including in particular, our Form 10-Q for the quarter ended October 1, 2011.

     Certain statements made herein and in the exhibits to this Form 8-K that look forward in time or express management’s expectations or beliefs with respect to the occurrence of future events are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They include statements about Sysco’s ability to increase its sales and market share and grow earnings, the continuing impact of economic conditions on consumer confidence and our business, sales and expense trends, including expectations regarding pay-related expense and pension costs, anticipated multi-employer pension related liabilities and contributions to various multi-employer pension plans, expectations regarding potential payments of unrecognized tax benefits and interest, expectations regarding share repurchases, expected trends in fuel pricing, usage costs and surcharges, our expectation regarding the provision for losses on accounts receivable, expected implementation, costs and benefits of the ERP system, estimated expenses and capital expenditures related to our Business Transformation Project in fiscal 2012, our plan to continue to explore and identify opportunities to grow in international markets and adjacent areas that complement our core business, the impact of ongoing legal proceedings, the loss of SYGMA’s largest customer not having a material adverse effect on Sysco as a whole, compliance with laws and government regulations not having a material effect on our capital expenditures, earnings or competitive position, anticipated acquisitions and capital expenditures and the sources of financing for them, continued competitive advantages and positive results from strategic initiatives, anticipated company-sponsored pension plan liabilities, our expectations regarding cash flow from operations, the availability and adequacy of insurance to cover liabilities, the impact of future adoption of accounting pronouncements, predictions regarding the impact of changes in estimates used in impairment analyses, the anticipated impact of changes in foreign currency exchange rates and Sysco’s ability to meet future cash requirements and remain profitable.

     Actual results may differ materially due in part to the risk factors set forth below and those discussed in Item 1A of our Annual Report on Form 10-K for the fiscal year ended July 2, 2011:

• risks relating to difficult economic conditions and heightened uncertainty in the financial markets and their effect on consumer confidence;

• periods of significant or prolonged inflation or deflation and their impact on our product costs and profitability;

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• risks related to our Business Transformation Project, including the risk that the project may not be successfully implemented, may not prove cost effective and may have a material adverse effect on our liquidity and results of operations;

• the risk that we may not be able to compensate for increases in fuel costs;

• the risk of interruption of supplies due to lack of long-term contracts, severe weather or more prolonged climate change, work stoppages or otherwise;

• the risk that we fail to comply with requirements imposed by applicable law or government regulations;

• the potential impact of product liability claims and adverse publicity;

• the risk that competition in our industry may impact our margins or customer retention;

• difficulties in successfully entering and operating in international markets and complimentary lines of business;

• the successful completion of acquisitions and integration of acquired companies, as well as the risk that acquisitions could require additional debt or equity financing and negatively impact our stock price or operating results;

• Sysco’s leverage and debt risks, capital and borrowing needs and changes in interest rates;

• our dependence on technology and the reliability of our technology network;

• the risk that other sponsors of our multiemployer pension plans will withdraw or become insolvent;

• that the Internal Revenue Service may impose an excise tax on the unfunded portion of our multiemployer pension plans or that the Pension Protection Act could require that we make additional pension contributions;

• the impact of financial market changes on the assets held by our company-sponsored Retirement Plan and by the multiemployer pension plans in which we participate;

• labor issues, including the renegotiation of union contracts and shortage of qualified labor; and

• the risk that the anti-takeover benefits provided by our preferred stock may not be viewed as beneficial to stockholders.

     For a more detailed discussion of factors that could cause actual results to differ from those contained in the forward-looking statements, see the risk factors discussion contained in Item 1A of our Annual Report on Form 10-K for the fiscal year ended July 2, 2011.

     In addition, the success of Sysco’s strategic initiatives could be affected by conditions in the economy and the industry and internal factors such as the ability to control expenses, including fuel costs. Expected trends related to fuel costs and usage are impacted by fluctuations in the economy generally and numerous factors affecting the oil industry that are beyond our control. Our efforts to lower our cost of goods sold may be impacted by factors beyond our control, including actions by our competitors and/or customers. We have experienced delays in the implementation of our Business Transformation Project and the expected costs of our Business Transformation Project may be greater or less than currently expected, as we may encounter the need for changes in design or revisions of the project calendar and budget. Our business and results of operations may be adversely affected if we experience operating problems, scheduling delays, cost overages, or limitations on the extent of the business transformation during the Enterprise Resource Planning (ERP) implementation process. As implementation of the ERP system and the Business Transformation Project begins, there may be changes in design or timing that impact near-term expense and cause us to revise the project calendar and budget, and additional hiring and training of employees and consultants may be required, which could also impact project expense and timing. Company-sponsored pension plan liabilities are impacted by a number of factors including the discount rate for determining the current value of plan benefits, the assumption for the rate of increase in future compensation levels and the expected rate of return on plan assets. The amount of shares repurchased in a given period is subject to a number of factors, including available cash and our general working capital needs at the time. Our plans with respect to growth in international markets and adjacent areas that complement our core business are subject to the company’s other strategic initiatives and plans and economic conditions generally. Legal proceedings are impacted by events, circumstances and individuals beyond the control of Sysco. The need for additional borrowing or other capital is impacted by factors that include capital expenditures or acquisitions in excess of those currently anticipated, stock repurchases at historical levels, or other unexpected cash requirements. Predictions regarding the future adoption of accounting pronouncements involve estimates without the benefit of precedent, and if our estimates turn out to be materially incorrect, our assessment of the impact of the pronouncement could prove incorrect, as well. The anticipated impact of compliance with laws and regulations also involves the risk that estimates may turn out to be materially incorrect, and laws and regulations, as well as methods of enforcement, are subject to change.

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Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

23.1	Consent of Ernst & Young LLP.
99.1	Part II, Item 7. Revised Management’s Discussion and Analysis of Financial Condition and Results of Operations as of, and for the period ending, July 2, 2011.
99.2	Part II, Item 8. Revised Financial Statements and Supplementary Data as of, and for the period ending, July 2, 2011. [1]
99.3	Quarterly Segment Operating Income for the period ending July 2, 2011 (Unaudited)
101.1	The following financial information from Sysco Corporation’s Current Report on Form 8-K filed with the SEC on November 8, 2011, formatted in XBRL: (i) Consolidated Balance Sheets as of July 2, 2011 and July 3, 2010, (ii) Consolidated Results of Operations for the periods ended July 2, 2011, July 3, 2010 and June 27, 2009, (iii) Consolidated Shareholders’ Equity for the periods ended July 2, 2011, July 3, 2010 and June 27, 2009, (iv) Consolidated Cash Flows for the periods ended July 2, 2011, July 3, 2010 and June 27, 2009, and (v) the Notes to Consolidated Financial Statements.

[1] Financial statements in this exhibit are now our historical financial statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Sysco Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Sysco Corporation
Date: November 8, 2011	By:	/s/ G. Mitchell Elmer
		G. Mitchell Elmer
		Senior Vice President, Controller and Chief Accounting Officer

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EXHIBITS INDEX

Exhibit
No.	Description
23.1	Consent of Ernst & Young LLP.
99.1	Part II, Item 7. Revised Management’s Discussion and Analysis of Financial Condition and Results of Operations as of, and for the period ending, July 2, 2011.
99.2	Part II, Item 8. Revised Financial Statements and Supplementary Data as of, and for the period ending, July 2, 2011. [1]
99.3	Quarterly Segment Operating Income for the period ending July 2, 2011 (Unaudited)
101.1	The following financial information from Sysco Corporation’s Current Report on Form 8-K filed with the SEC on November 8, 2011, formatted in XBRL; (i) Consolidated Balance Sheets as of July 2, 2011 and July 3, 2010, (ii) Consolidated Results of Operations for the periods ended July 2, 2011, July 3, 2010 and June 27, 2009, (iii) Consolidated Shareholders’ Equity for the periods ended July 2, 2011, July 3, 2010 and June 27, 2009, (iv) Consolidated Cash Flows for the periods ended July 2, 2011, July 3, 2010 and June 27, 2009, and (v) the Notes to Consolidated Financial Statements.

[1] Financial statements in this exhibit are now our historical financial statements.

EX-23.1

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in the following registration statements of Sysco Corporation of our report dated August 30, 2011 (except for Note 1, Note 19, Note 20 and Note 21, and the consolidated results of operations as to which the date is November 8, 2011), with respect to the consolidated financial statements and our report dated August 30, 2011 with respect to the effectiveness of internal control over financial reporting of Sysco Corporation for the year ended July 2, 2011,included in the Current Report (Form 8-K) of Sysco Corporation, dated November 8, 2011, filed with the Securities and Exchange Commission.

Sysco Corporation Form S-3	File No. 333-126199
Sysco Corporation Form S-3	File No. 333-157413
Sysco Corporation Form S-4	File No. 333-50842
Sysco Corporation Form S-8	File No. 333-147338
Sysco Corporation Form S-8	File No. 33-45820
Sysco Corporation Form S-8	File No. 333-01259
Sysco Corporation Form S-8	File No. 333-01255
Sysco Corporation Form S-8	File No. 333-66987
Sysco Corporation Form S-8	File No. 333-49840
Sysco Corporation Form S-8	File No. 333-58276
Sysco Corporation Form S-8	File No. 333-122947
Sysco Corporation Form S-8	File No. 333-129671
Sysco Corporation Form S-8	File No. 333-163189
Sysco Corporation Form S-8	File No. 333-163188
Sysco Corporation Form S-8	File No. 333-170660

/s/ Ernst & Young LLP  

Houston, Texas
November 8, 2011

EX-99.1

EXHIBIT 99.1

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Overview

     Sysco distributes food and related products to restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Our operations are primarily located throughout the United States, Canada and Ireland and include broadline companies, custom-cut meat operations, specialty produce companies, hotel supply operations, SYGMA (our chain restaurant distribution subsidiary) and a company that distributes to international customers.

     We consider our primary market to be the foodservice market in the United States and Canada and estimate that we serve about 17% of this approximately $220 billion annual market. According to industry sources, the foodservice, or food-away-from-home, market represents approximately 47% of the total dollars spent on food purchases made at the consumer level in the United States. This share grew from about 37% in 1972 to nearly 50% in 1998 and did not change materially until 2009 when it declined to the current level of 47%.

     Industry sources estimate the total foodservice market in the United States experienced a real sales decline of approximately 0.8% in calendar year 2010 and 6.9% in calendar year 2009. Real sales declines do not include the impact of inflation or deflation.

     General economic conditions and consumer confidence can affect the frequency of purchases and amounts spent by consumers for food-away-from-home and, in turn, can impact our customers and our sales. We believe the current general economic conditions, including pressure on consumer disposable income, have contributed to a decline in the foodservice market. Historically, we have grown at a faster rate than the overall industry and have grown our market share in this fragmented industry.

Highlights

     A slow economic recovery in the United States, combined with rising product cost inflation and continued low levels of consumer confidence, contributed to a challenging business environment in fiscal 2011. Sales increased during fiscal 2011 as compared to fiscal 2010; however, gross profit dollars grew at a slower rate than sales and operating expenses increased faster than gross profit partially due to a significant charge of $36.1 million from a withdrawal from a multi-employer pension plan. This resulted in a decline in operating income for fiscal 2011 as compared to fiscal 2010. Comparisons between fiscal 2011 and fiscal 2010 are impacted by the presence of a 53^rd week in fiscal 2010. Sysco’s fiscal year ends on the Saturday nearest to June 30^th. This resulted in a 52-week year ending July 2, 2011, a 53-week year ending July 3, 2010 for fiscal 2010 and a 52-week year ending June 27, 2009. Our Results of Operations discussion includes reconciliations of the actual results for fiscal 2010 to the adjusted results for fiscal 2010 based on a 52-week fiscal year due to the impact of the 53-week year in fiscal 2010.

     The following table sets forth the change in certain components of our consolidated results of operations expressed as a percentage increase or decrease over Fiscal 2010 on both a 53-week basis, or GAAP basis, and an adjusted 52-week basis:

	Increase /			Increase /
	(Decrease)			(Decrease) on an
	on a GAAP Basis			Adjusted Basis
Sales		5.6	%		7.7	%
Operating income		(2.2	)		(0.1	)
Net earnings		(2.4	)		(0.3	)
Basic earnings per share		(1.5	)		0.5
Diluted earnings per share		(1.5	)		0.5

• Sales were $39.3 billion in fiscal 2011, an increase of 5.6% from the comparable prior year period. After adjusting for the estimated impact of the 53^rd week, the increase would have been 7.7%. This adjusted increase was primarily due to increased prices from inflation and improving case volumes. Inflation, as measured by changes in our product costs, was an estimated 4.6% during fiscal 2011. The exchange rates used to translate our foreign sales into U.S. dollars positively impacted sales by 0.5% and sales from acquisitions within the last 12 months favorably impacted sales by 0.7%.

• Operating income was $1.9 billion, a 2.2% decrease from the prior year. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, this decrease would have been 0.1%. This adjusted decrease was primarily driven by gross profit

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	dollars growing at a slower rate than sales and operating expenses increasing faster than gross profit partially due to a significant charge of $36.1 million from a withdrawal from a multi-employer pension plan. Gross profit dollars increased 2.9% in fiscal 2011 from the comparable prior year period but declined as a percentage of sales. This result was primarily due to the impact of significant inflation in certain product categories and strategic pricing initiatives. Operating expenses increased 4.8% primarily due to higher pay-related expense, an increase in net company-sponsored pension costs, provisions for withdrawal from multi-employer pension plans and higher fuel costs as compared to the prior year period. The impact of these factors on operating expenses was partially offset by a decrease in operating expenses resulting from the absence of the 53rd week in fiscal 2011.
•	Net earnings were $1.2 billion, an 2.4% decrease from the prior year. After adjusting for the estimated impact of the 53rd week in fiscal 2010, the decrease would have been 0.3%. This adjusted decrease was primarily due to the factors discussed above and an increase in the effective tax rate. The effective tax rate for fiscal 2011 was 36.96%, compared to an effective tax rate of 36.20% for fiscal 2010. The difference between the tax rates for the two periods resulted largely from the one-time reversal of interest accruals for tax contingencies related to our settlement with the Internal Revenue Service (IRS) in the first quarter of fiscal 2010.
•	Basic and diluted earnings per share in fiscal 2011 were $1.96, a decrease of 1.5% from the comparable prior year period. After adjusting for the estimated impact of the 53rd week in fiscal 2010, this would have been an increase of 0.5%. This adjusted increase is primarily a result of the factors discussed above. Basic and diluted earnings per share for fiscal 2011 were favorably impacted by two items. First, we recognized a favorable impact of $0.05 per share due to the gains recorded on the adjustment of the carrying value of corporate-owned life insurance (COLI) policies to their cash surrender values. Second, a favorable impact of $0.02 per share was recognized related to the recognition of deferred tax assets from the reversal of valuation allowances previously recorded on state net operating loss carryforwards. These favorable impacts were partially offset by $0.04 per share relating to the charge recorded upon withdrawal from a multi-employer pension plan in the third quarter. Basic and diluted earnings per share for fiscal 2010 were favorably impacted by $0.05 per share due to the one-time reversal of a previously accrued liability related to the settlement of an outstanding tax matter with the IRS and $0.04 per share due to gains recorded on the adjustment of the carrying value of COLI policies to their cash surrender values.

Trends and Strategy

Trends

     General economic conditions and consumer confidence can affect the frequency of purchases and amounts spent by consumers for food-away-from-home and, in turn, can impact our customers and our sales. We believe the current general economic conditions, including pressure on consumer disposable income, have contributed to a slow rate of recovery in the foodservice market.

     We have experienced higher levels of product cost inflation this fiscal year as compared to fiscal 2010. While we are generally able to pass on modest levels of inflation to our customers, we were unable to pass through fully these higher levels of product cost inflation with the same gross profit percentage without negatively impacting our customers’ business and therefore our business. While we cannot predict whether inflation will continue at current levels, periods of high inflation, either overall or in certain product categories, can have a negative impact on us and our customers, as high food costs can reduce consumer spending in the food-away-from-home market, and may negatively impact our sales, gross profit, operating income and earnings.

     We have also experienced higher operating costs this fiscal year from increased pay-related expense due to increased sales and gross profit as well as higher pension and fuel costs. We believe pay-related expense could continue to increase if sales and gross profit increase, as a portion of these costs is variable in nature. Pension costs will decrease in fiscal 2012 primarily due to higher returns on assets of Sysco’s company-sponsored qualified pension plan (Retirement Plan) during fiscal 2011. Fuel costs are expected to increase in fiscal 2012 as a result of anticipated higher fuel prices. Our Business Transformation Project is a key part of our strategy to control costs and continue to grow our business. We believe expenses related to the project will increase in fiscal 2012 as compared to fiscal 2011 as we prepare to begin deployment of the project to our operating companies and increase our headcount in our shared services center.

Strategy

     We are focused on optimizing our core broadline business in the U.S. and Canada, while continuing to explore appropriate opportunities to profitably grow our market share and create shareholder value through adjacent and international businesses. Day-to-day, our business decisions are driven by our mission to market and deliver great products to our customers with exceptional service, with the aspiration of becoming each of our customers’ most valued business partner. We have identified five strategies to help us achieve our mission and vision:

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• Profoundly enriching the experience of doing business with Sysco: Our primary focus is to help our customers succeed. We believe that by building on our current competitive advantages, we will be able to further differentiate our offering to customers. Our competitive advantages include our sales force of over 8,000 marketing associates; our diversified product base, which includes quality-assured Sysco brand products; the suite of services we provide to our customers such as business reviews and menu analysis; and our wide geographic presence in the United States and Canada. In addition, we have a portfolio of businesses spanning broadline, specialty meat, chain restaurant distribution, specialty produce, hotel amenities and export which serves our customers’ needs across a wide array of business segments. We believe this strategy of enriching the experience of doing business with Sysco will increase customer retention and profitably accelerate sales growth with both existing and new customers.

• Continuously improving productivity in all areas of our business: This includes removing costs from our operations through improved productivity without impacting our service to our customers. In particular, we continue to optimize warehouse and delivery activities across the corporation to achieve a more efficient delivery of products to our customers. Our multi-year Business Transformation Project is designed to help further improve productivity. In this project, we are developing and implementing an integrated software system to support a majority of our business processes to further streamline our operations and reduce costs. These systems are commonly referred to as Enterprise Resource Planning (ERP) systems. We view the technology as an important enabler of this project; however the larger outcome of this project will be from transformed processes that standardize portions of our operations. This includes a shared business service center to centrally manage certain back-office functions that are currently performed at each operating company location.

• Expanding our portfolio of products and services by initiating a customer-centric innovation program: We continually explore opportunities to provide new and improved products, technologies and services to our customers.

• Exploring, assessing and pursuing new businesses and markets: This strategy is focused on identifying opportunities to expand the core business through growth in new international markets and in adjacent areas that complement our core foodservice distribution business. As a part of our ongoing strategic analysis, we regularly evaluate business opportunities, including potential acquisitions and sales of assets and businesses.

• Developing and effectively integrating a comprehensive, enterprise-wide talent management process: Our ability to drive results and grow our business is directly linked to having the best talent in the industry. We are committed to the continued enhancement of our talent management programs in terms of how we recruit, select, train and develop our associates throughout Sysco as well as succession planning. Our ultimate objective is to provide our associates with outstanding opportunities for professional growth and career development.

Business Transformation Project

     In fiscal 2011, we substantially completed the design and build phases of our multi-year Business Transformation Project and we are testing the underlying ERP system and processes through a pilot implementation. We took more time to test the underlying ERP system and processes in fiscal 2011 than we originally anticipated. Our pilot operating company implemented the project and our shared services center became active in its support role in the fourth quarter of fiscal 2011. We are also taking additional time in fiscal 2012 to improve the underlying systems prior to larger scale deployment. These actions have caused a delay in the project of approximately six to twelve months and until we reach the point where the underlying system functions as intended, our deployment timeline is still being determined. Although we expect the investment in the Business Transformation Project to provide meaningful benefits to the company over the long-term, the costs will exceed the benefits during the testing and deployment stages of implementation, including fiscal 2012.

     Gross project expenses related to the Business Transformation Project were $102.0 million in fiscal 2011 or $0.11 per share, $81.1 million in fiscal 2010 or $0.09 per share and $35.7 million in fiscal 2009 or $0.04 per share. Our cash outlay for fiscal 2011 was $278.8 million, of which approximately $196 million was capitalized. Provided the improvements needed in the underlying systems are obtained in the first half of fiscal 2012, we anticipate the software will be ready for its intended use in the second half of fiscal 2012, which will result in reduced capitalization as compared to fiscal 2011 and increased expense from both software amortization and deployment costs. We will also incur increased costs from the ramp up of our shared services center, continuing costs for additional phases of our Business Transformation Project and information technology support costs. Some of these increased costs will be partially offset by benefits obtained from the project, primarily in reduced headcount, however the costs will exceed the benefits in fiscal 2012. We expect our gross project expenses related to the Business Transformation Project for fiscal 2012 to be approximately $280 million to $300 million and capital expenditures to be approximately $100 million to $120 million.

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     Results of Operations

     The following table sets forth the components of our consolidated results of operations expressed as a percentage of sales for the periods indicated:

				2010
	2011			(53 Weeks)			2009
Sales		100.0	%		100.0	%		100.0	%
Cost of sales		81.2			80.7			80.7
Gross profit		18.8			19.3			19.3
Operating expenses		13.9			14.0			14.2
Operating income		4.9			5.3			5.1
Interest expense		0.3			0.3			0.3
Other expense (income), net		(0.0	)		0.0			(0.0	)
Earnings before income taxes		4.6			5.0			4.8
Income taxes		1.7			1.8			1.9
Net earnings		2.9	%		3.2	%		2.9	%

     The following table sets forth the change in the components of our consolidated results of operations expressed as a percentage increase or decrease over the prior year:

				2010
	2011			(53 Weeks)
Sales		5.6	%		1.1	%
Cost of sales		6.2			1.0
Gross profit		2.9			1.1
Operating expenses		4.8			(0.5	)
Operating income		(2.2	)		5.5
Interest expense		(5.7	)		7.9
Other expense (income), net			(1)			(1)
Earnings before income taxes		(1.2	)		4.4
Income taxes		0.9			(6.3	)
Net earnings		(2.4	)%		11.7	%
Basic earnings per share		(1.5	)%		12.4	%
Diluted earnings per share		(1.5	)		12.4
Average shares outstanding		(1.0	)		(0.5	)
Diluted shares outstanding		(0.8	)		(0.4	)

⁽¹⁾ Other expense (income), net was income of $14.2 million in fiscal 2011, expense of $0.8 million in fiscal 2010 and income of $14.9 million in fiscal 2009.

Impact of 53-week fiscal year in Fiscal 2010

     Sysco’s fiscal year ends on the Saturday nearest to June 30^th. This resulted in a 52-week year ending July 2, 2011, a 53-week year ending July 3, 2010 for fiscal 2010 and a 52-week year June 27, 2009 for 2009. Because the fourth quarter of fiscal 2010 contained an additional week as compared to fiscal 2011, our Results of Operations for fiscal 2010 are not directly comparable to the current or prior year. Management believes that adjusting the fiscal 2010 Results of Operations for the estimated impact of the additional week provides more comparable financial results on a year-over-year basis. As a result, the Results of Operations discussion for fiscal 2010 presented below in certain instances discusses operating items that have been adjusted by one-fourteenth of the total metric for the fourth quarter, except as otherwise noted with respect to adjusted diluted earnings per share. Failure to make these adjustments would cause the year-over-year changes in certain metrics such as sales, operating income, net earnings and diluted earnings per share to be overstated, whereas in certain cases, a metric may actually have increased rather than declined or declined rather than increased on a more comparable year-over-year basis. Our Results of Operations discussion includes reconciliations of the actual results for fiscal 2010 to the adjusted results for fiscal 2010 based on a 52-week fiscal year.

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Sales

     Sales for fiscal 2011 were 5.6% higher in fiscal 2011 than fiscal 2010. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, the increase in sales in fiscal 2011 would have been 7.7%. Sales for fiscal 2010 were 1.1% higher than fiscal 2009. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, fiscal 2010 would have had a sales decrease of 0.9%. Set forth below is a reconciliation of actual sales growth to adjusted sales growth/decline for the periods presented (see further discussion at “Impact of 53-week fiscal year in Fiscal 2010” above):

				2010
	2011			(53 Weeks)			2009
				(in thousands)
Sales for the 53/52 week periods	$	39,323,489		$	37,243,495		$	36,853,330
Estimated sales for the additional week in fiscal 2010		—			739,177			—
Adjusted Sales	$	39,323,489		$	36,504,318		$	36,853,330
Actual percentage increase		5.6	%		1.1	%
Adjusted percentage increase (decrease)		7.7	%		(0.9	)%

     Sales for fiscal 2011, excluding the negative impact of the extra week in fiscal 2010, increased as a result of product cost inflation and the resulting increase in selling prices along with improving case volumes. Estimated product cost increases, an internal measure of inflation, were approximately 4.6% during fiscal 2011. Sales from acquisitions in the last 12 months favorably impacted sales by 0.7% for fiscal 2011. The changes in the exchange rates used to translate our foreign sales into U.S. dollars positively impacted sales by 0.5% compared to fiscal 2010.

     Sales for fiscal 2010, in addition to the positive impact of the extra week in fiscal 2010, were increased by improving case volumes. The changes in the exchange rates used to translate our foreign sales into U.S. dollars positively impacted sales by 0.9% compared to fiscal 2009. Sales from acquisitions within the last 12 months favorably impacted sales by 0.5% for fiscal 2010. Product cost deflation and the resulting decrease in selling prices had a significant impact on sales levels in fiscal 2010. Estimated changes in product costs, an internal measure of deflation or inflation, were estimated as deflation of 1.5% during fiscal 2010. A change in customer sales mix as compared to fiscal 2009 also negatively impacted fiscal 2010 sales. Case volumes increased at a greater rate within our contract based customer group which generally receives lower pricing for higher volume.

Operating Income

     Cost of sales primarily includes our product costs, net of vendor consideration, and includes in-bound freight. Operating expenses include the costs of facilities, product handling, delivery, selling and general and administrative activities. Fuel surcharges are reflected within sales and gross profit; fuel costs are reflected within operating expenses.

     Operating income decreased 2.2% in fiscal 2011 over fiscal 2010 to $1.9 billion, and as a percentage of sales, declined to 4.9% of sales. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, the decrease in operating income in fiscal 2011 over fiscal 2010 would have been 0.1%. This adjusted decrease was primarily driven by gross profit dollars growing at a slower rate than sales and operating expenses increasing faster than gross profit partially due to a significant charge of $36.1 million from a withdrawal from a multi-employer pension plan. Gross profit dollars increased 2.9% in fiscal 2011 as compared to fiscal 2010, and operating expenses increased 4.8% in fiscal 2011.

     Operating income increased 5.5% in fiscal 2010 from fiscal 2009 to $2.0 billion, and as a percentage of sales, increased to 5.3% of sales. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, the increase in operating income in fiscal 2010 over fiscal 2009 would have been 3.3%. This adjusted increase in operating income was primarily driven by a decrease in operating expenses. Gross profit dollars increased 1.1% in fiscal 2010 as compared to fiscal 2009, while operating expenses decreased 0.5% in fiscal 2010.

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     Set forth below is a reconciliation of actual operating income to adjusted operating income for the periods presented (see further discussion at “Impact of 53-week fiscal year in Fiscal 2010” above):

				2010
	2011			(53 Weeks)			2009
				(in thousands)
Operating income for the 53/52 week periods	$	1,931,502		$	1,975,868		$	1,872,211
Estimated operating income for the additional week in fiscal 2010		—			41,720			—
Adjusted operating income	$	1,931,502		$	1,934,148		$	1,872,211
Actual percentage (decrease) increase		(2.2)	%		5.5	%
Adjusted percentage (decrease) increase		(0.1)	%		3.3	%

     Gross profit dollars increased in fiscal 2011 as compared to fiscal 2010 primarily due to increased sales, partially offset by the negative comparison of the additional week included in fiscal 2010. Gross profit, as a percentage of sales, was 18.80% in fiscal 2011, a decline of 50 basis points from the gross profit as a percentage of sales of 19.30% in fiscal 2010. This decline in gross profit percentage was primarily the result of the following factors described in the paragraphs below.

     First, Sysco’s product cost inflation was estimated as inflation of 4.6% during fiscal 2011. Based on our product sales mix for fiscal 2011, we were most impacted by higher levels of inflation in the dairy, meat and seafood product categories in the range of 10% to 12%. Our largest selling product category, canned and dry, experienced inflation of 4%. While we are generally able to pass through modest levels of inflation to our customers, we were unable to pass through fully these higher levels of product cost inflation with the same gross profit percentage in these product categories without negatively impacting our customers’ business and therefore our business. While we cannot predict whether inflation will continue at these levels, prolonged periods of high inflation, either overall or in certain product categories, can have a negative impact on us and our customers, as high food costs can reduce consumer spending in the food-away-from-home market, and may negatively impact our sales, gross profit and earnings.

     Second, ongoing strategic pricing initiatives in fiscal 2011 lowered our prices to our customers in certain product categories in order to increase sales volumes. These initiatives are being phased in over time and resulted in short-term gross profit declines as a percentage of sales, but we believe will result in long-term gross profit dollar growth due to higher sales volumes and increased market share. We have experienced meaningful year over year volume growth with those items included in the early phases of these programs in the geographies where this program has been implemented. We believe the long-term benefits of these strategic initiatives will result in profitable market share growth.

     Third, gross profit dollars for fiscal 2011 increased as a result of higher fuel surcharges. Fuel surcharges were approximately $26.0 million higher in fiscal 2011 than in the comparable prior year period due to higher fuel prices incurred during fiscal 2011 and the application of fuel surcharges to a broader customer base for a small portion of the third quarter and the entire fourth quarter. Assuming that fuel prices do not greatly vary from recent levels experienced in the second half of fiscal 2011, we expect fuel surcharges to largely offset our increased fuel costs expected in fiscal 2012.

     Gross profit dollars increased in fiscal 2010 as compared to fiscal 2009 primarily due to the additional week included in fiscal 2010. In addition, gross profit reflected product cost deflation in fiscal 2010 as compared to product cost inflation in fiscal 2009. We may be negatively impacted by prolonged periods of product cost deflation because a significant portion of our sales are at prices based on the cost of products sold plus a percentage markup. As a result, our profit levels may be negatively impacted during periods of product cost deflation, even though our gross profit percentage may remain relatively constant. Gross profit dollars for fiscal 2010 were also impacted by lower fuel surcharges. Fuel surcharges were approximately $49.6 million lower in fiscal 2010 than fiscal 2009.

     Operating expenses for fiscal 2011 increased 4.8% primarily due to higher pay-related expense, an increase in net company-sponsored pension costs, provisions for withdrawal from multi-employer pension plans and higher fuel costs as compared to the prior year period. The impact of these operating expense increases was partially offset by a decrease in operating expenses of approximately $99.8 million resulting from the absence of the 53rd week in fiscal 2011.

     Operating expenses for fiscal 2010 were lower than in fiscal 2009 primarily due to reduced fuel costs and a favorable comparison on the amounts recorded to adjust the carrying value of COLI policies to their cash surrender values in both periods. Partially offsetting these operating expense declines were increases in pay-related expenses, net company-sponsored pension costs and approximately $99.8 million of expense associated with the additional week included in fiscal 2010.

     Pay-related expenses, excluding labor costs associated with our Business Transformation Project, increased by $62.8 million in fiscal 2011 over fiscal 2010. The increase was primarily due to increased sales and gross profit, which resulted in increased delivery personnel costs and sales compensation. Portions of our pay-related expense are variable in nature and are

6

expected to increase when sales and gross profit increase. Pay-related expenses from acquired companies and changes in the exchange rates used to translate our foreign sales into U.S. dollars also contributed to the increase. Partially offsetting these increases were lower provisions for current management incentive bonuses of $12.1 million.

     Pay-related expenses, excluding labor costs associated with our Business Transformation Project, increased by $43.9 million in fiscal 2010 over fiscal 2009. The fiscal 2010 increase was primarily due to increased provisions for management incentive accruals and cost associated with the additional week included in fiscal 2010. Partially offsetting these increases were lower pay-related expenses due to reduced headcount. The criteria for paying annual bonuses to our corporate officers and certain portions of operating company management bonuses are tied to overall company performance. In fiscal 2010, the overall company performance criteria for payment of such bonuses was met; therefore, the provision for current management incentive bonuses was higher in fiscal 2010 than in fiscal 2009 when the company assessed it did not meet the criteria for paying certain annual bonuses. Headcount declines occurred in fiscal 2010 due to both productivity improvements and workforce reductions commensurate with lower sales. Headcount was 2.2% lower at the end of fiscal 2010 as compared to fiscal 2009.

     Net company-sponsored pension costs in fiscal 2011 were $60.3 million higher than in fiscal 2010. The increase in fiscal 2011 was due primarily to a decrease in discount rates used to calculate our projected benefit obligation and related pension expense at the end of fiscal 2010, partially offset by reduced amortization of our net actuarial loss resulting from actuarial gains from higher returns on assets of Sysco’s Retirement Plan during fiscal 2010. Net company-sponsored pension costs in fiscal 2012 have been determined as of the fiscal 2011 year-end measurement date and will decrease by approximately $27 million from fiscal 2011 due primarily to higher returns on assets of Sysco’s Retirement Plan during fiscal 2011.

     Net company-sponsored pension costs were $37.4 million higher in fiscal 2010 than in fiscal 2009. The increase in fiscal 2010 was due primarily to lower returns on assets of Sysco’s company-sponsored qualified pension plan (Retirement Plan) during fiscal 2009, partially offset by an increase in the discount rates used to calculate our projected benefit obligation and related pension expense for fiscal 2010.

     From time to time, we may voluntarily withdraw from multi-employer pension plans to minimize or limit our future exposure to these plans. We recorded provisions related to multi-employer pension plans of $41.5 million in fiscal 2011, $2.9 million in fiscal 2010 and $9.6 million in fiscal 2009. See additional discussion of multi-employer pension plans at “Liquidity and Capital Resources, Other Considerations, Multi-Employer Pension Plans.”

     Sysco’s fuel costs increased by $33.0 million in fiscal 2011 over fiscal 2010 primarily due to increased contracted and market diesel prices. Our fuel costs decreased by $71.8 million in fiscal 2010 over fiscal 2009 primarily due to decreased contracted diesel prices. Sysco’s costs per gallon increased 14.3% in fiscal 2011 over fiscal 2010, as compared to a decrease of 26.1% in fiscal 2010 over fiscal 2009. Sysco’s activities to mitigate fuel costs include reducing miles driven by our trucks through improved routing techniques, improving fleet utilization by adjusting idling time and maximum speeds and using fuel surcharges. We routinely enter into forward purchase commitments for a portion of our projected monthly diesel fuel requirements with a goal of mitigating a portion of the volatility in fuel prices.

     Our fuel commitments will result in either additional fuel costs or avoided fuel costs based on the comparison of the prices on the fixed price contracts and market prices for the respective periods. In fiscal 2011, the forward purchase commitments resulted in an estimated $16.4 million of avoided fuel costs as the fixed price contracts were generally lower than market prices for the contracted volumes. In fiscal 2010, the forward purchase commitments resulted in an estimated $1.5 million of additional fuel costs as the fixed price contracts were higher than market prices for the contracted volumes for a portion of the fiscal year. In fiscal 2009, the forward purchase commitments resulted in an estimated $67.7 million of additional fuel costs as the fixed price contracts were higher than market prices for the contracted volumes.

     As of July 2, 2011, we had forward diesel fuel commitments totaling approximately $86 million through June 2012. These contracts will lock in the price of approximately 30% to 35% of our fuel purchase needs for the contracted periods at prices lower than the current market price for diesel for the first 26 weeks of fiscal 2012 and near the current market price for diesel for the remainder of the fiscal year. Subsequent to July 2, 2011, we entered into forward diesel fuel commitments totaling approximately $17 million for July and August 2012. Assuming that fuel prices do not rise significantly over recent levels during fiscal 2012, fuel costs exclusive of any amounts recovered through fuel surcharges, are expected to increase by approximately $35 million to $45 million as compared to fiscal 2011. Our estimate is based upon current, published quarterly market price projections for diesel, the cost committed to in our forward fuel purchase agreements currently in place for fiscal 2012 and estimates of fuel consumption. Actual fuel costs could vary from our estimates if any of these assumptions change, in particular if future fuel prices vary significantly from our current estimates. We continue to evaluate all opportunities to offset potential increases in fuel expense, including the use of fuel surcharges and overall expense management. Based on our current projections, we anticipate that the increase in fuel surcharges will offset the majority of our projected fuel cost increase in fiscal 2012 as compared to fiscal 2011.

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     Gross project expenses related to our Business Transformation Project, inclusive of pay-related expense, increased by $20.8 million in fiscal 2011 from fiscal 2010 and by $41.6 million in fiscal 2010 from fiscal 2009. The increase in fiscal 2011 resulted from increased project spend including the initial stages of ramping up of our shared services center and a provision for severance resulting from the implementation of an involuntary severance plan. The increase in fiscal 2010 resulted from only six months of activity being included in fiscal 2009, as the Business Transformation Project began in January 2009. Provided the improvements needed in the underlying systems are obtained in the first half of fiscal 2012, we anticipate the software will be ready for its intended use in the second half of fiscal 2012, which will result in increased expense from both software amortization and deployment costs. We will also incur increased costs from the ramp up of our shared services center, continuing costs for additional phases of our Business Transformation Project and information technology support costs. We believe the increase in gross project expenses, including all pay-related expenses, related to the Business Transformation Project in fiscal 2012 as compared to fiscal 2011 will be approximately $175 million to $195 million.

     We adjust the carrying values of our COLI policies to their cash surrender values on an ongoing basis. The cash surrender values of these policies are largely based on the values of underlying investments, which through fiscal 2011 included publicly traded securities. As a result, the cash surrender values of these policies fluctuated with changes in the market value of such securities. The changes in the financial markets resulted in gains for these policies of $28.2 million in fiscal 2011, compared to gains for these policies of $21.6 million in fiscal 2010 and losses of $43.8 million in fiscal 2009. Near the end of fiscal 2011, we reallocated all of our policies into low-risk, fixed-income securities and therefore we no longer expect significant volatility in operating income, net earnings and earnings per share in future periods related to these policies.

     The provision for losses on receivables included within operating expenses decreased by $39.7 million in fiscal 2010 over fiscal 2009. The decrease in our provision for losses on receivables in fiscal 2010 reflects fewer customer accounts exceeding our threshold for write-off in fiscal 2010 as compared to fiscal 2009. Customer accounts written off, net of recoveries, were $37.8 million, or 0.10% of sales, $34.3 million, or 0.10% of sales, and $71.9 million, or 0.20% of sales, for fiscal 2011, 2010 and 2009, respectively. Our provision for losses on receivables will fluctuate with general market conditions, as well as the circumstances of our customers.

Net Earnings

     Net earnings for fiscal 2011 decreased 2.4% over the comparable prior year period. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, the decrease would have been 0.3%. This adjusted decrease was primarily due to the factors discussed above and an increase in the effective tax rate. The effective tax rate for fiscal 2011 was 36.96%, compared to an effective tax rate of 36.20% for fiscal 2010. The difference between the tax rates for the two periods resulted largely from the one-time reversal of interest accruals for tax contingencies related to our settlement with the Internal Revenue Service (IRS) in the first quarter of fiscal 2010.

     Net earnings increased 11.7% in fiscal 2010 from fiscal 2009. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, the increase would have been 9.5%. This adjusted increase was primarily due to a reduction in the effective income tax rate, as well as the factors discussed above. The effective tax rate for fiscal 2010 was 36.20%, compared to an effective tax rate of 40.37% for fiscal 2009. The difference between the tax rates for the two periods resulted largely from the one-time reversal of interest accruals for tax contingencies related to our settlement with the Internal Revenue Service (IRS) in the first quarter of fiscal 2010.

     Set forth below is a reconciliation of actual net earnings to adjusted net earnings for the periods presented (see further discussion at “Impact of 53-week fiscal year in Fiscal 2010” above):

				2010
	2011			(53 Weeks)			2009
				(in thousands)
Net earnings for the 53/52 week periods	$	1,152,030		$	1,179,983		$	1,055,948
Estimated net earnings for the additional week in fiscal 2010		—			24,127			—
Adjusted net earnings	$	1,152,030		$	1,155,856		$	1,055,948
Actual percentage (decrease) increase		(2.4)	%		11.7	%
Adjusted percentage (decrease) increase		(0.3)	%		9.5	%

     The effective tax rate of 36.96% for fiscal 2011 was favorably impacted primarily by two items. First, we recorded a tax benefit of approximately $17.0 million for the reversal of valuation allowances previously recorded on state net operating loss carryforwards. Second, we adjust the carrying values of our COLI policies to their cash surrender values. The gain of $28.2 million recorded in fiscal 2011 was primarily non-taxable for income tax purposes, and had the impact of decreasing income tax expense for the period by $11.1 million. Partially offsetting these favorable impacts was the recording of $9.3 million in tax and interest related to various federal, foreign and state uncertain tax positions.

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     The effective tax rate of 36.20% for fiscal 2010 was favorably impacted primarily by two items. First, we recorded an income tax benefit of approximately $29.0 million resulting from the one-time reversal of a previously accrued liability related to the settlement with the IRS (See “Liquidity and Capital Resources, Other Considerations, BSCC Cooperative Structure” for additional discussion). Second, the gain of $21.6 million recorded to adjust the carrying value of COLI policies to their cash surrender values in fiscal 2010 was non-taxable for income tax purposes, and had the impact of decreasing income tax expense for the period by $8.3 million.

     The effective tax rate of 40.37% for fiscal 2009 was unfavorably impacted primarily by two factors. First, we recorded tax adjustments related to federal and state uncertain tax positions of $31.0 million. Second, the loss of $43.8 million recorded to adjust the carrying value of COLI policies to their cash surrender values in fiscal 2009 was non-deductible for income tax purposes, and had the impact of increasing income tax expense for the period by $16.8 million. The effective tax rate for fiscal 2009 was favorably impacted by the reversal of valuation allowances of $7.8 million previously recorded on Canadian net operating loss deferred tax assets.

Earnings Per Share

     Basic and diluted earnings per share decreased 1.5% in fiscal 2011 from the prior year. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, earnings per share increased 0.5%. This adjusted increase was primarily the result of factors discussed above, as well as a net reduction in shares outstanding. The net reduction in both average and diluted shares outstanding was primarily due to share repurchases which occurred during the first 26 weeks of fiscal 2011.

     Basic earnings per share and diluted earnings per share increased 12.4% in fiscal 2010 from the prior year. After adjusting for the estimated impact of the 53^rd week in fiscal 2010, this increase would have been 10.2%. This adjusted increase was primarily the result of factors discussed above, as well as a net reduction in shares outstanding. The net reduction in average shares outstanding was primarily due to share repurchases. The net reduction in diluted shares outstanding was primarily due to share repurchases and an increase in the number of anti-dilutive options excluded from the diluted shares calculation.

     Set forth below is a reconciliation of actual diluted earnings per share to adjusted diluted earnings per share for the periods presented (see further discussion at “Impact of 53-week fiscal year in Fiscal 2010” above):

			2010
	2011		(53 Weeks)		2009
	(In thousands, except for share and per share data)
Calculation of diluted earnings per share impact for 53rd week:
Estimated net earnings for the additional week in fiscal 2010			$	24,127
Diluted shares outstanding				593,590,042
Estimated diluted earnings per share for the additional week			$	0.04
Diluted earnings per share for the 53/52 week periods	$	1.96	$	1.99	$	1.77
Estimated diluted earnings per share for the additional week in fiscal 2010		—		0.04		—
Adjusted diluted earnings per share	$	1.96	$	1.95	$	1.77

     Basic and diluted earnings per share for fiscal 2011 were favorably impacted by two items. First, we recognized a favorable impact of $0.05 per share due to the gains recorded on the adjustment of the carrying value of COLI policies to their cash surrender values. Second, a favorable impact of $0.02 per share was recognized related to the recognition of deferred tax assets from the reversal of valuation allowances previously recorded on state net operating loss carryforwards. These favorable impacts were partially offset by $0.04 per share relating to the charge recorded upon withdrawal from a multi-employer pension plan in the third quarter.

     Basic and diluted earnings per share for fiscal 2010 were favorably impacted by $0.05 per share due to the one-time reversal of a previously accrued liability related to the settlement of an outstanding tax matter with the IRS and $0.04 per share due to gains recorded on the adjustment of the carrying value of COLI policies to their cash surrender values.

9

Segment Results

     We have aggregated our operating companies into a number of segments, of which only Broadline and SYGMA are reportable segments as defined in accounting provisions related to disclosures about segments of an enterprise. Beginning in the third quarter of fiscal 2011, the company’s custom-cut meat operations were reorganized to function as part of the United States Broadline segment. As a result, the results of the custom-cut meat operations are included in the Broadline reportable segment in the segment discussion below. Previously, these operations were an independent segment and were presented with the “Other” financial information relating to non-reportable segments. Segment reporting for the comparable prior year periods has been revised to conform to the new classification of the custom-cut meat operations as part of the Broadline reportable segment.

     The accounting policies for the segments are the same as those disclosed by Sysco within the Financial Statements and Supplementary Data within Exhibit 99.1 of this Current Report on Form 8-K. Intersegment sales generally represent specialty produce products distributed by the Broadline and SYGMA operating segments. Sysco’s management evaluates the performance of each of our operating segments based on its respective operating income results, which generally excludes any allocation of centrally incurred costs. While a segment’s operating income may be impacted in the short term by increases or decreases in gross profits, expenses, or a combination thereof, over the long-term each business segment is expected to increase its operating income at a greater rate than sales growth. This is consistent with our long-term goal of leveraging earnings growth at a greater rate than sales growth. Corporate expenses generally include all expenses of the corporate office and Sysco’s shared service center. These also include all share-based compensation costs and expenses related to the company’s Business Transformation Project.

     The following table sets forth the operating income of each of our reportable segments and the other segment expressed as a percentage of each segment’s sales for each period reported and should be read in conjunction with Note 19, “Business Segment Information” to the Consolidated Financial Statements in Exhibit 99.2:

	Operating Income as a
	Percentage of Sales
				2010
	2011			(53 Weeks)			2009
Broadline		7.3	%		7.7	%		7.4	%
SYGMA		1.2			1.0			0.7
Other		4.5			4.1			3.2

     The following table sets forth the change in the selected financial data of each of our reportable segments and the other segment expressed as a percentage increase over the prior year and should be read in conjunction with Note 19, “Business Segment Information” to the Consolidated Financial Statements in Exhibit 99.2:

							2010
	2011						(53 Weeks)
				Operating						Operating
	Sales			Income			Sales			Income
Broadline		5.1	%		(1.0)	%		1.4	%		5.7	%
SYGMA		9.2			26.8	(1)		1.1			51.2	(1)
Other		5.1			14.3			(1.4	)		27.6

⁽¹⁾ SYGMA had operating income of $62.2 million in fiscal 2011, $49.1 million in fiscal 2010 and $32.4 million in fiscal 2009.

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     The following table sets forth sales and operating income of each of our reportable segments, the other segment, and intersegment sales, expressed as a percentage of aggregate segment sales, including intersegment sales, and operating income, respectively. For purposes of this statistical table, operating income of our segments excludes corporate expenses of $558.8 million in fiscal 2011, $513.3 million in fiscal 2010 and $454.0 million in fiscal 2009 that are not charged to our segments. This information should be read in conjunction with Note 19, “Business Segment Information” to the Consolidated Financial Statements in Exhibit 99.2:

							2010
	2011						(53 Weeks)						2009
				Segment						Segment						Segment
				Operating						Operating						Operating
	Sales			Income			Sales			Income			Sales			Income
Broadline		81.2	%		93.4	%		81.6	%		94.5	%		81.3	%		95.6	%
SYGMA		13.6			2.5			13.1			2.0			13.1			1.4
Other		5.7			4.1			5.7			3.5			5.9			3.0
Intersegment sales		(0.5	)		—			(0.4	)		—			(0.3	)		—
Total		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%

Broadline Segment

     The Broadline reportable segment consists of the aggregated results of the United States, Canadian and European Broadline segments, as well as the custom-cut meat operations. Broadline operating companies distribute a full line of food products and a wide variety of non-food products to customers. Broadline operations have significantly higher operating margins than the rest of Sysco’s operations. In fiscal 2011, the Broadline operating results represented approximately 81% of Sysco’s overall sales and 93% of the aggregate operating income of Sysco’s segments, which excludes corporate expenses and consolidated adjustments.

     There are several factors which contribute to these higher operating results as compared to the SYGMA and Other operating segments. We have invested substantial amounts in assets, operating methods, technology and management expertise in this segment. The breadth of its sales force, geographic reach of its distribution area and its purchasing power allow us to leverage this segment’s earnings.

Sales

     Sales for fiscal 2011 were 5.1% greater than fiscal 2010. Negatively affecting the sales comparison of fiscal 2011 to fiscal 2010 was the additional week in fiscal 2010. Product cost inflation and the resulting increase in selling prices, combined with case volume improvement, contributed to the increase in sales in fiscal 2011. Changes in product costs, an internal measure of inflation or deflation, were estimated as inflation of 4.9% in fiscal 2011. Non-comparable acquisitions contributed 0.8% to the overall sales comparison for fiscal 2011. The changes in the exchange rates used to translate our foreign sales into U.S. dollars positively impacted sales by 0.6% compared to fiscal 2010.

     Sales for fiscal 2010 were 1.4% greater than fiscal 2009. Case volume improvement caused an increase in sales in fiscal 2010 as compared to fiscal 2009. The changes in the exchange rates used to translate our foreign sales into U.S. dollars positively impacted sales by 1.0% compared to fiscal 2009. Non-comparable acquisitions contributed 0.6% to the overall sales comparison for fiscal 2010. Changes in product costs were estimated as deflation of 1.5% in fiscal 2010. This product cost deflation, which led to decreases in selling prices, and a change in customer sales mix partially offset case volume improvement in fiscal 2010. The additional week also contributed to the sales growth in fiscal 2010.

Operating Income

     Operating income decreased by 1.0% in fiscal 2011 over fiscal 2010 as gross profit dollars increased slightly below the rate that operating expenses increased. However, it is important to note that operating expenses included a significant charge of $36.1 million from a withdrawal from a multi-employer pension plan. Additionally, negatively affecting the operating income comparison of fiscal 2011 to fiscal 2010 was the additional week in fiscal 2010.

     Gross profit dollars increased in fiscal 2011 primarily due to increased sales; however, gross profit dollars increased at a lower rate than sales. This slower growth in gross profit dollars was primarily the result of two factors. Based on Broadline’s product sales mix for fiscal 2011, it was most impacted by higher levels of inflation in the dairy, meat and seafood product categories in the range of 10% to 12%. Broadline’s largest selling product category, canned and dry, experienced inflation of 4%. While we are generally able to pass through modest levels of inflation to our customers, we were unable pass through fully these higher levels of product cost inflation with the same gross profit percentage in these product categories without negatively impacting our customers’ business and therefore our business. While we cannot predict whether inflation will

11

continue at these levels, prolonged periods of high inflation, either overall or in certain product categories, can have a negative impact on our customers, as high food costs can reduce consumer spending in the food-away-from-home market, and may negatively impact the Broadline segment’s sales, gross profit and earnings. Second, ongoing strategic pricing initiatives largely lowered our prices to our customers in certain product categories in order to increase sales volumes. These initiatives are being phased in over time and resulted in short-term gross profit declines as a percentage of sales, but we believe will result in long-term gross profit dollar growth due to higher sales volumes and increased market share. We have experienced meaningful year over year volume growth with those items included in the early phases of these programs in the geographies where this program has been implemented. We believe the long-term benefits of these strategic initiatives will result in profitable market share growth.

     In addition, gross profit dollars for fiscal 2011 increased as a result of higher fuel surcharges. Fuel surcharges were approximately $19.4 million higher in fiscal 2011 than the prior year due to the application of fuel surcharges to a broader customer base for a small portion of the third quarter and the entire fourth quarter due to higher fuel prices incurred during these periods. Assuming that fuel prices do not greatly rise above recent levels during fiscal 2012, we expect fuel surcharges to largely offset our increased fuel costs expected in fiscal 2012.

     The expense increases in fiscal 2011 were driven largely by provisions for withdrawal from a multi-employer pension plan and an increase in pay-related expenses. In fiscal 2011, we recorded provisions of $41.5 million for withdrawal liabilities from multi-employer pension plans from which union members elected to withdraw. The increase in pay-related expenses related to the sales and gross profit increase, including both delivery personnel costs and sales. Portions of our pay-related expense are variable in nature and are expected to increase when sales and gross profit increase. Pay-related expenses from acquired companies and changes in the exchange rates used to translate our foreign sales into U.S. dollars also contributed to the increase.

     Fuel costs were $22.0 million higher in fiscal 2011 than the prior year. Assuming that fuel prices do not rise significantly over recent levels during fiscal 2012, fuel costs for fiscal 2012 not including any amounts recovered through fuel surcharges, are expected to increase by approximately $25 million to $35 million as compared to fiscal 2011. Our estimate is based upon current, published quarterly market price projections for diesel, the cost committed to in our forward fuel purchase agreements currently in place for fiscal 2012 and estimates of fuel consumption. Actual fuel costs could vary from our estimates if any of these assumptions change, in particular if future fuel prices vary significantly from our current estimates. We continue to evaluate all opportunities to offset potential increases in fuel expense, including the use of fuel surcharges and overall expense management.

     Operating income increased by 5.7% in fiscal 2010 over fiscal 2009 primarily due to effective management of operations in the current economic environment by decreasing expenses as compared to the comparable prior year periods. Operating expenses decreased 1.3% in fiscal 2010 as compared to fiscal 2009. The additional week in fiscal 2010 contributed to the gross profit increase, partially offset by a decrease of approximately $37.4 million in the fuel surcharges charged to customers in fiscal 2010 as compared to fiscal 2009 due to less usage of these surcharges in fiscal 2010. Expense performance for fiscal 2010 was primarily due to reduced fuel cost and lower provision for losses on receivables and operating efficiencies, such as reduced pay—related expense due to reduced headcount. Fuel costs were $51.8 million lower in fiscal 2010 than in the prior year. Partially offsetting these expense declines were increases in expenses related to the additional week in fiscal 2010.

     From time to time, we may voluntarily withdraw from multi-employer pension plans to minimize or limit our future exposure to these plans. We recorded provisions related to multi-employer pension plans of $41.5 million in fiscal 2011, $2.9 million in fiscal 2010 and $9.6 million in fiscal 2009.

SYGMA Segment

     SYGMA operating companies distribute a full line of food products and a wide variety of non-food products to certain chain restaurant customer locations. SYGMA operations have traditionally had lower operating income as a percentage of sales than Sysco’s other segments. This segment of the foodservice industry has generally been characterized by lower overall operating margins as the volume that these customers command allows them to negotiate for reduced margins. These operations service chain restaurants through contractual agreements that are typically structured on a fee per case delivered basis.

Sales

     Sales were 9.2% greater in fiscal 2011 than in fiscal 2010. Negatively affecting the sales comparison of fiscal 2011 to fiscal 2010 was the additional week in fiscal 2010. The increase in sales was primarily due to case volume improvement largely attributable to new customers and, to a lesser extent, from an increase in volume from certain existing customers.

     Sales were 1.1% greater in fiscal 2010 than in fiscal 2009. The additional week contributed to the sales growth in fiscal 2010. Case volume improvement caused an increase in sales in fiscal 2010 as compared to fiscal 2009. This case growth was

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largely attributable to new customers added largely in the latter part of the fiscal year and the additional week in fiscal 2010. Partially offsetting these case volume improvements was a decline in volume from existing customers due to the weak economic environment which applied continued pressure to consumer discretionary spending and negatively impacted overall restaurant traffic counts. Product cost deflation, which led to decreases in selling prices also impacted fiscal 2010 sales growth.

     One chain restaurant customer (The Wendy’s Company) accounted for approximately 31% of the SYGMA segment sales for the fiscal year ended July 2, 2011. SYGMA maintains multiple regional contracts with varied expiration dates with this customer. While the loss of this customer would have a material adverse effect on SYGMA, we do not believe that the loss of this customer would have a material adverse effect on Sysco as a whole.

Operating Income

     Operating income increased $13.1 million in 2011 over the prior year due to increased sales and improved productivity. Gross profit dollars increased 9.5% while operating expenses increased 7.2% in fiscal 2011 from fiscal 2010. Contributing to the gross profit increase in fiscal 2011 were increased sales and an increase of approximately $6.6 million in the fuel surcharges charged to customers in fiscal 2011 from prior year due to higher fuel prices in fiscal 2011. The increase in operating expenses for fiscal 2011 was largely driven by increased delivery and warehouse personnel payroll costs resulting from increased sales as well as increased fuel cost. Productivity improvements occurred within our warehouse and delivery functions in fiscal 2011 and expense reductions occurred within our administrative functions in fiscal 2011 as compared to the prior year. Fuel costs in fiscal 2011 were $12.9 million greater than the prior year. Assuming that fuel prices do not significantly rise above recent levels during fiscal 2012, we expect fuel costs and fuel surcharges for our SYGMA segment to increase as compared to fiscal 2011.

     Operating income increased by $16.6 million in fiscal 2010 as compared to fiscal 2009. Gross profit dollars increased 0.7% while operating expenses decreased 3.6% in fiscal 2010 as compared to fiscal 2009. The additional week in fiscal 2010 contributed to the gross profit increase, partially offset by a decrease of approximately $11.4 million in the fuel surcharges charged to customers in fiscal 2010 compared to fiscal 2009 due to lower fuel prices in fiscal 2010. Expense reductions were accomplished by operational efficiencies in both delivery and warehouse areas, as well as lower payroll expense related to headcount reductions. Also contributing to the decrease in operating expenses was a decrease of $10.1 million in fuel costs in fiscal 2010 from the prior year due to lower fuel prices.

Other Segment

     “Other” financial information is attributable to our other operating segments, including our specialty produce and lodging industry products and a company that distributes to international customers. These operating segments are discussed on an aggregate basis as they do not represent reportable segments under segment accounting literature.

     On an aggregate basis, our “Other” segment has had a lower operating income as a percentage of sales than Sysco’s Broadline segment. Sysco has acquired the operating companies within these segments in relatively recent years. These operations generally operate in a niche within the foodservice industry. Each individual operation is also generally smaller in sales and scope than an average Broadline operation and each of these operating segments is considerably smaller in sales and overall scope than the Broadline segment. In fiscal 2011, in the aggregate, the “Other” segment represented approximately 5.7% of Sysco’s overall sales and 4.5% of the aggregate operating income of Sysco’s segments, which excludes corporate expenses and consolidated adjustments.

     Operating income increased 14.3% for fiscal 2011 from fiscal 2010. The operating income comparison was negatively affected by the additional week in fiscal 2010. The increase in operating income was caused primarily by increased sales in the specialty produce segment and favorable expense management in the specialty produce and lodging industry products segments.

     Operating income increased 27.6% for fiscal 2010 from fiscal 2009. The increase in operating income was caused primarily by increased sales in our specialty produce segment and increased operating income in all segments due to favorable expense management. The additional week in fiscal 2010 also contributed to the increase in operating income.

Liquidity and Capital Resources

     Sysco’s strategic objectives require continuing investment and our financial resources include cash provided by operations and access to capital from financial markets. Our operations historically have produced significant cash flow. Cash generated from operations is generally allocated to working capital requirements; investments in facilities, systems, fleet, other equipment and technology; acquisitions compatible with our overall growth strategy; and cash dividends. Any remaining cash generated from operations may be invested in high-quality, short-term instruments or applied toward the cost of the share repurchase program. As a part of our ongoing strategic analysis, we regularly evaluate business opportunities, including potential

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acquisitions and sales of assets and businesses, and our overall capital structure. Any transactions resulting from these evaluations may materially impact our liquidity, borrowing capacity, leverage ratios and capital availability.

     Our liquidity and capital resources can be influenced by economic trends and conditions primarily due to their impact on our cash flows from operations. Weak economic conditions and low levels of consumer confidence and the resulting pressure on consumer disposable income can lower our sales growth and potentially our cash flows from operations. While these factors were present in fiscal 2010 and fiscal 2011, they had only a modest impact on our cash flows from operations in these periods due in large part to effective working capital management. We do not believe current economic conditions will significantly impact our cash flows from operations in fiscal 2012, as we can respond to reduced consumer demand, if it were to occur, by lowering our working capital requirements. Additionally, approximately one-third of our customers are not impacted by general economic conditions to the same extent as restaurants and other food retailers. These customers include hospitals, nursing homes, schools and colleges. Product cost inflation can potentially lower our gross profit and cash flow from operations if we are unable to pass through all of the increased product costs with the same gross profit percentage to our customers. This occurred in fiscal 2011, as we were able to pass some, but not all, of our product cost increases on to our customers. However; we believe our mechanisms to manage product cost inflation, some of which are contractual, are sufficient to limit the impact on our cash flows from operations.

     We believe that our cash flows from operations, the availability of additional capital under our existing commercial paper programs and bank lines of credit and our ability to access capital from financial markets, including issuances of debt securities, either privately or under our shelf registration statement filed with the Securities and Exchange Commission (SEC), will be sufficient to meet our anticipated cash requirements for the next twelve months and beyond, while maintaining sufficient liquidity for normal operating purposes. We believe that we will continue to be able to access the commercial paper market effectively as well as the long-term capital markets, if necessary. To further maintain and enhance our credit ratings on current and future debt, on January 19, 2011, the wholly-owned U.S. Broadline subsidiaries of Sysco Corporation entered into full and unconditional guarantees of all outstanding senior notes and debentures of Sysco Corporation. As of July 2, 2011, Sysco had a total of approximately $2.2 billion in senior notes and debentures outstanding that are covered by this guarantee.

Operating Activities

     We generated $1.1 billion in cash flow from operations in fiscal 2011, $0.9 billion in fiscal 2010 and $1.6 billion in fiscal 2009. The increase of $206.1 million between fiscal 2011 and fiscal 2010 was driven largely by a reduction in the amount of payments made in relation to the IRS settlement of $316.0 million and reduced pension contributions in the amount of $136.2 million in fiscal 2011 as compared to fiscal 2010. These increases were partially offset by changes in working capital discussed in more detail below. The decrease of $691.3 million between fiscal 2010 and fiscal 2009 was driven largely by $528.0 million of payments related to the IRS settlement and $140.0 million of pension contributions made in advance for fiscal 2011. Additionally, several less significant items had offsetting impacts when comparing the cash flow from operations between fiscal 2010 and fiscal 2009. As described under “Other Considerations, BSCC Cooperative Structure,” we will make the final payments under the IRS settlement in fiscal 2012 in the amount of $212 million.

     Cash flow from operations in fiscal 2011 was primarily generated by net income, reduced by increases in receivables and inventory balances and changes in deferred tax assets and liabilities, partially offset by non-cash depreciation and amortization expense and increases in accounts payable. Cash flow from operations in fiscal 2010 was primarily due to net income and non-cash depreciation and amortization expense, offset by decreases in accrued income taxes and other long-term liabilities and prepaid pension cost, net, increases in accounts receivable and inventory balances and changes in deferred tax assets and liabilities. Cash flow from operations in fiscal 2009 was primarily due to net income, non-cash depreciation and amortization expense, an increase in accrued income taxes, and increases in accounts receivable and inventory balances. The increases in fiscal 2009 were partially offset by decreases in accounts payable balances and accrued expenses.

     The increases in accounts receivable and inventory balances in fiscal 2011 and fiscal 2010 were primarily due to sales growth. An increase in daily sales outstanding also contributed to the increase in accounts receivable and inventory balances in fiscal 2011. The decrease in accounts receivable and inventory balances in fiscal 2009 was primarily due to the sales decline. The increase in accounts payable balances in fiscal 2011 and fiscal 2010 was primarily from the growth in inventory resulting from sales growth. The decrease in accounts payable balances in fiscal 2009 was primarily from inventory decreases resulting from the sales decline. Accounts payable balances are impacted by many factors, including changes in product mix, cash discount terms and changes in payment terms with vendors.

     Cash flow from operations was impacted by a decrease in accrued expenses of $43.3 million during fiscal 2011, an increase in accrued expenses of $58.0 million during fiscal 2010 and a decrease in accrued expenses of $120.3 million during fiscal 2009. The decrease in accrued expenses in the fiscal 2011 was primarily due to the payment of the respective prior year annual incentive bonuses, partially offset by lower accruals for current year compensation incentives. The remainder of the decrease was driven by multiple changes in various other accruals, of which no item was individually significant. The increase in accrued expenses during fiscal 2010 was primarily due to increases in incentive compensation accruals resulting from improved operating performance in fiscal 2010. The remainder of the increase was driven by multiple changes in various other

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accruals, of which no item was individually significant. The decrease in accrued expenses during fiscal 2009 was primarily due to the payment of prior year annual incentive bonuses, offset by lower accruals for current year incentive bonuses.

     Cash flow from operations for fiscal 2011 was negatively impacted by changes in deferred tax assets and liabilities of $165.2 million and a decrease in accrued income taxes of $44.2 million. Cash flow from operations for fiscal 2010 was negatively impacted by changes in deferred tax assets and liabilities of $121.9 million and a decrease in accrued income taxes of $296.5 million. The main factor affecting both of these changes in fiscal 2011 and fiscal 2010, as well as cash taxes paid, was the IRS settlement (discussed below in “Other Considerations, BSCC Cooperative Structure”), which resulted in the payment of taxes of $212.0 million in fiscal 2011 and $528.0 million in fiscal 2010 for the settlement agreement. Partially offsetting the negative impact described above, the change in deferred tax assets and liabilities was impacted by the contribution of an additional $140.0 million to our company-sponsored qualified pension plan in fiscal 2010 for contributions that would normally have been made in fiscal 2011. Cash flow from operations for fiscal 2009 was positively impacted by an increase in accrued income taxes of $325.5 million, partially offset by changes in deferred tax assets and liabilities of $294.2 million. Total cash taxes paid were $907.7 million, $1,142.0 million and $735.8 million in fiscal 2011, 2010 and 2009, respectively. The changes in all periods were also impacted by the current tax provision and current year estimated tax payments.

     Other long-term liabilities increased $44.3 million during fiscal 2011. The increase for 2011 was primarily attributable to three items. First, we recorded withdrawal liabilities from multi-employer pension plans from which union members elected to withdraw during the period. Second, net company sponsored pension costs exceeded contributions to our company-sponsored pension plans during the period. Third, we recognized a provision for severance resulting from the implementation of an involuntary severance plan. Partially offsetting these increases, our liability for uncertain tax positions decreased as a result of settlements with various taxing authorities during the period.

     Other long-term liabilities and prepaid pension cost, net, decreased $271.7 million during fiscal 2010. The decrease in fiscal 2010 is primarily attributable to three items. First, pension contributions to our company-sponsored plans exceeded net company-sponsored pension costs. Second, our liability for deferred incentive compensation decreased due to accelerated distributions taken by plan participants of all or a portion of their vested balances pursuant to certain transitional relief under the provisions of Section 409A of the Internal Revenue Code and other regular distributions. Third, our liability for uncertain tax positions decreased as a result of the settlement with the IRS, as well as a reclass to accrued income taxes for amounts expected to be paid in fiscal 2011.

     Other long-term liabilities and prepaid pension cost, net, decreased $48.4 million during fiscal 2009. The decrease in fiscal 2009 is primarily attributable to a decrease in our liability for uncertain tax benefits related to our settlement with the IRS. See additional discussion of an IRS settlement at “Other Considerations, BSCC Cooperative Structure.” The decrease was partially offset by a combination of the recording of net company-sponsored pension costs and incentive compensation deferrals.

     We recorded net company-sponsored pension costs of $186.4 million, $126.1 million and $88.7 million during fiscal 2011, fiscal 2010 and fiscal 2009, respectively. Our contributions to our company-sponsored defined benefit plans were $161.7 million, $297.9 million and $95.8 million during fiscal 2011, fiscal 2010 and fiscal 2009, respectively. Included in the $161.7 million of contributions in fiscal 2011 was a $140.0 million contribution to our Retirement Plan that would normally have been made in fiscal 2012. Included in the $297.9 million of contributions in fiscal 2010 was a $140.0 million contribution to our Retirement Plan that would normally have been made in fiscal 2011 and quarterly contributions totaling $140.0 million for fiscal 2010. Additional contributions to our Retirement Plan are not currently anticipated in fiscal 2012, however we will evaluate our funding position at the end of fiscal 2012 and select the timing for a contribution at that time.

Investing Activities

     Fiscal 2011 capital expenditures included:

• investments in technology including our Business Transformation Project;

• fleet replacements;

• replacement or significant expansion of facilities in Philadelphia, Pennsylvania and central Texas;

• the purchase of land for a fold-out facility in southern California; and

• the remodeling of our shared services facility purchased in fiscal 2010.

     Fiscal 2010 capital expenditures included:

• investments in technology including our Business Transformation Project;

• fleet replacements;

• replacement or significant expansion of facilities in Vancouver, British Columbia, Canada; Winnipeg, Manitoba, Canada; Billings, Montana; Plainfield, New Jersey; Philadelphia, Pennsylvania and Houston, Texas;

• the purchase of a facility for our future shared services operations in connection with our Business Transformation Project; and

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• the purchase of land for a fold-out facility in Long Island, New York.

     Fiscal 2009 capital expenditures included:

• construction of a fold-out facility in Longview, Texas;

• replacement or significant expansion of facilities in Victoria, British Columbia, Canada; Chicago, Illinois; Pittsburgh, Pennsylvania and Houston, Texas;

• land purchases for future fold-out facilities; and

• investments in technology for our Business Transformation Project.

     We expect total capital expenditures in fiscal 2012 to be in the range of $750 million to $800 million. Fiscal 2012 expenditures will include facility, fleet and other equipment replacements and expansions; new facility construction, including fold-out facilities; and investments in technology including our Business Transformation Project.

     During fiscal 2011, in the aggregate, the company paid cash of $101.1 million for operations acquired during fiscal 2011 and for contingent consideration related to operations acquired in previous fiscal years. During fiscal 2011, we acquired for cash broadline foodservice operations in central California; Los Angeles, California; Ontario, Canada; Lincoln, Nebraska; and Trenton, New Jersey.

     During fiscal 2010, in the aggregate, the company paid cash of $29.3 million for operations acquired during fiscal 2010 and for contingent consideration related to operations acquired in previous fiscal years. During fiscal 2010, we acquired for cash a broadline foodservice operation in Syracuse, New York, a produce distributor in Atlanta, Georgia and a seafood distributor in Edmonton, Alberta, Canada.

     During fiscal 2009, in the aggregate the company paid cash of $218.1 million for operations acquired during fiscal 2009 and for contingent consideration related to operations acquired in previous fiscal years. During fiscal 2009, we acquired for cash broadline foodservice operations in Ireland, Los Angeles, California and Boston, Massachusetts, as well as a produce distributor in Toronto, Ontario, Canada.

Financing Activities

Equity

     Proceeds from common stock reissued from treasury for share-based compensation awards were $332.7 million in fiscal 2011, $94.8 million in fiscal 2010 and $111.8 million in fiscal 2009. The increase in proceeds in fiscal 2011 was due to an increase in the number of options exercised in fiscal 2011, as compared to fiscal 2010 and 2009. The level of option exercises, and thus proceeds, will vary from period to period and is largely dependent on movements in our stock price.

     We traditionally have engaged in Board-approved share repurchase programs. The number of shares acquired and their cost during the past three fiscal years were 10,000,000 shares for $291.6 million in fiscal 2011, 6,000,000 shares for $179.2 million in fiscal 2010 and 16,951,200 shares for $438.8 million in fiscal 2009. There were no additional shares repurchased through August 17, 2011, resulting in a remaining authorization by our Board of Directors to repurchase up to 13,386,600 shares, based on the trades made through that date. Our current share repurchase strategy is to purchase enough shares to keep our diluted average shares outstanding relatively constant. Based on forecasted and past share exercises pursuant to our option plans, we expect to repurchase slightly more shares in fiscal 2012 than in fiscal 2011.

     Dividends paid were $597.1 million, or $1.02 per share, in fiscal 2011, $579.8 million, or $0.98 per share, in fiscal 2010 and $548.2 million, or $0.92 per share, in fiscal 2009. In May 2011, we declared our regular quarterly dividend for the first quarter of fiscal 2012 of $0.26 per share, which was paid in July 2011.

     In November 2000, we filed with the SEC a shelf registration statement covering 30,000,000 shares of common stock to be offered from time to time in connection with acquisitions. As of August 17, 2011, 29,477,835 shares remained available for issuance under this registration statement.

Short-term Borrowings

     We have uncommitted bank lines of credit, which provided for unsecured borrowings for working capital of up to $95.0 million, of which none was outstanding as of July 2, 2011 or August 17, 2011.

     Our Irish subsidiary, Pallas Foods Limited, has a €10.0 million (Euro) committed facility for unsecured borrowings for working capital. There were no borrowings outstanding under this facility as of July 2, 2011 or August 17, 2011.

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     On June 30, 2011, a Canadian subsidiary of Sysco entered into a short-term demand loan facility for the purpose of facilitating a distribution from the Canadian subsidiary to Sysco, and Sysco concurrently entered into an agreement with the bank to guarantee the loan. The amount borrowed was $182.0 million and was repaid in full on July 4, 2011.

Commercial Paper and Revolving Credit Facility

     We have a Board-approved commercial paper program allowing us to issue short-term unsecured notes in an aggregate amount not to exceed $1.3 billion.

     Sysco and one of our subsidiaries, Sysco International, ULC., have a revolving credit facility supporting our U.S. and Canadian commercial paper programs. The facility, in the amount of $1.0 billion, expires on November 4, 2012, but is subject to extension.

     During fiscal 2011, 2010 and 2009, aggregate outstanding commercial paper issuances and short-term bank borrowings ranged from approximately zero to $330.3 million, zero to $1.8 million, and zero to $165.0 million, respectively. There were no commercial paper issuances outstanding as of July 2, 2011 and $300.0 million of commercial paper issuances outstanding as of August 17, 2011.

     During fiscal 2011, 2010 and 2009, our aggregate commercial paper issuances and short-term bank borrowings had a weighted average interest rate of 0.25%, 0.80% and 0.88%, respectively.

Fixed Rate Debt

     Included in current maturities of long-term debt as July 2, 2011 are the 6.10% senior notes totaling $200.0 million, which mature in June 2012. These notes were issued by Sysco International, Co., a wholly-owned subsidiary of Sysco now known as Sysco International, ULC. It is our intention to fund the repayment of these notes at maturity through issuances of commercial paper, senior notes or a combination thereof.

     In February 2009, Sysco deregistered the securities remaining unsold under its then existing shelf registration statement that was filed with the SEC in February 2008 for the issuance of debt securities. In February 2009, Sysco filed with the SEC an automatically effective well-known seasoned issuer shelf registration statement for the issuance of an indeterminate amount of debt securities that may be issued from time to time.

     In March 2009, Sysco issued 5.375% senior notes totaling $250.0 million due March 17, 2019 (the 2019 notes) and 6.625% senior notes totaling $250.0 million due March 17, 2039 (the 2039 notes) under its February 2009 shelf registration. The 2019 and 2039 notes, which were priced at 99.321% and 98.061% of par, respectively, are unsecured, are not subject to any sinking fund requirement and include a redemption provision which allows Sysco to retire the notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the note holders are not penalized by early redemption. Proceeds from the notes will be utilized over a period of time for general corporate purposes, which may include acquisitions, refinancing of debt, working capital, share repurchases and capital expenditures.

     In September 2009, we entered into an interest rate swap agreement that effectively converted $200.0 million of fixed rate debt maturing in fiscal 2014 to floating rate debt. In October 2009, we entered into an interest rate swap agreement that effectively converted $250.0 million of fixed rate debt maturing in fiscal 2013 to floating rate debt. Both transactions were entered into with the goal of reducing overall borrowing cost and increasing floating interest rate exposure. These transactions were designated as fair value hedges since the swaps hedge against the changes in fair value of fixed rate debt resulting from changes in interest rates.

Total Debt

     Total debt as of July 2, 2011 was $2.7 billion of which approximately 75% was at fixed rates with a weighted average of 5.9% and an average life of 15 years, and the remainder was at floating rates with a weighted average of 2.1% and an average life of one year. Certain loan agreements contain typical debt covenants to protect note holders, including provisions to maintain the company’s long-term debt to total capital ratio below a specified level. Sysco is currently in compliance will all debt covenants.

Other

     As part of normal business activities, we issue letters of credit through major banking institutions as required by certain vendor and insurance agreements. As of July 2, 2011 and July 3, 2010, letters of credit outstanding were $23.0 million and $28.4 million, respectively.

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Other Considerations

Multi-Employer Pension Plans

     As discussed in Note 18, “Commitments and Contingencies”, to the Consolidated Financial Statements in Exhibit 99.1, we contribute to several multi-employer defined benefit pension plans based on obligations arising under collective bargaining agreements covering union-represented employees.

     Under current law regarding multi-employer defined benefit plans, a plan’s termination, our voluntary withdrawal or the mass withdrawal of all contributing employers from any underfunded multi-employer defined benefit plan would require us to make payments to the plan for our proportionate share of the multi-employer plan’s unfunded vested liabilities. Generally, Sysco does not have the greatest share of liability among the participants in any of the plans in which we participate. Based on the information available from plan administrators, which has valuation dates ranging from January 31, 2009 to December 31, 2009, we estimate our share of withdrawal liability on most of the multi-employer plans in which we participate could have been as much as $200.0 million as of July 2, 2011 based on a voluntary withdrawal. This estimate excludes plans for which Sysco has recorded withdrawal liabilities. The majority of the plans we participate in have a valuation date of calendar year-end. As such, the majority of our estimated withdrawal liability results from plans for which the valuation date was December 31, 2009; therefore, our estimated liability reflects the asset losses incurred by the financial markets as of that date. Due to the lack of current information, we believe our current share of the withdrawal liability could materially differ from this estimate. In addition, if a multi-employer defined benefit plan fails to satisfy certain minimum funding requirements, the IRS may impose a non-deductible excise tax of 5% on the amount of the accumulated funding deficiency for those employers contributing to the fund.

     From time to time, we may voluntarily withdraw from multi-employer pension plans to minimize or limit our future exposure to these plans. In the third quarter of fiscal 2011, the union members of one of our subsidiaries voted to withdraw from the union’s multi-employer pension plan and join Sysco’s company-sponsored Retirement Plan. This action triggered a partial withdrawal from the multi-employer pension plan. As a result, during the third quarter of fiscal 2011, we recorded a withdrawal liability provision of approximately $36.1 million related to this plan. We have experienced other instances triggering voluntary withdrawal from multi-employer pension plans. Total withdrawal liability provisions recorded include $41.5 million in fiscal 2011, $2.9 million in fiscal 2010 and $9.6 million in fiscal 2009. As of July 2, 2011, we had approximately $42.4 million in liabilities recorded related to certain multi-employer defined benefit plans for which our voluntary withdrawal had already occurred, which includes the liability recorded in the third quarter of fiscal 2011. Recorded withdrawal liabilities are estimated at the time of withdrawal based on the most recently available valuation and participant data for the respective plans; amounts are adjusted up to the period of payment to reflect any changes to these estimates. If any of these plans were to undergo a mass withdrawal, as defined by the Pension Benefit Guaranty Corporation, within a two year time frame from the point of our withdrawal, we could have additional liability. We do not currently believe any mass withdrawals are probable to occur in the applicable two year time frame relating to the plans from which we have voluntarily withdrawn.

     Required contributions to multi-employer plans could increase in the future as these plans strive to improve their funding levels. In addition, the Pension Protection Act, enacted in August 2006, requires underfunded pension plans to improve their funding ratios within prescribed intervals based on the level of their underfunding. We believe that any unforeseen requirements to pay such increased contributions, withdrawal liability and excise taxes would be funded through cash flow from operations, borrowing capacity or a combination of these items.

     During fiscal 2008, we obtained information that a multi-employer pension plan we participated in failed to satisfy minimum funding requirements for certain periods and concluded that it was probable that additional funding would be required as well as the payment of excise tax. As a result, during fiscal 2008, we recorded a liability of approximately $16.5 million related to our share of the minimum funding requirements and related excise tax for these periods. During the first quarter of fiscal 2009, we effectively withdrew from this multi-employer pension plan in an effort to secure benefits for our employees that were participants in the plan and to manage our exposure to this under-funded plan. We agreed to pay $15.0 million to the plan, which included the minimum funding requirements. In connection with this withdrawal agreement, we merged active participants from this plan into Sysco’s company-sponsored Retirement Plan and assumed $26.7 million in liabilities. The payment to the plan was made in the early part of the second quarter of fiscal 2009.

BSCC Cooperative Structure

     Sysco’s affiliate, Baugh Supply Chain Cooperative (BSCC), was a cooperative taxed under subchapter T of the United States Internal Revenue Code, the operation of which had resulted in a deferral of tax payments. The IRS, in connection with its audits of our 2003 through 2006 federal income tax returns, proposed adjustments that would have accelerated amounts that we had previously deferred and would have resulted in the payment of interest on those deferred amounts. Sysco reached a settlement with the IRS in the first quarter of fiscal 2010 to cease paying U.S. federal taxes related to BSCC on a deferred basis, pay the amounts that were recorded within deferred taxes related to BSCC over a three-year period and make a one-time

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payment of $41.0 million, of which approximately $39.0 million was non-deductible. The settlement addressed the BSCC deferred tax issue as it relates to the IRS audit of our 2003 through 2006 federal income tax returns, and settles the matter for all subsequent periods, including the 2007 and 2008 federal income tax returns already under audit. As a result of the settlement, we agreed to pay the amounts owed in the following schedule:

	(In thousands)
Fiscal 2010	$	528,000
Fiscal 2011		212,000
Fiscal 2012		212,000

     As noted in the table above, payments related to the settlement were $212.0 million and $528.0 million in fiscal 2011 and fiscal 2010, respectively. Remaining amounts to be paid in 2012 will be paid in connection with our quarterly tax payments, two of which fall in the second quarter, one in the third quarter and one in the fourth quarter. We believe we have access to sufficient cash on hand, cash flows from operations and current access to capital to make payments required in fiscal 2012.

Off-Balance Sheet Arrangements

     We have no off-balance sheet arrangements.

Contractual Obligations

     The following table sets forth, as of July 2, 2011, certain information concerning our obligations and commitments to make contractual future payments:

	Payments Due by Period
									More Than
	Total		< 1 Year		1-3 Years		3-5 Years		5 Years
					(In thousands)
Recorded Contractual Obligations:
Short-term bank borrowings	$	181,975	$	181,975	$	—	$	—	$	—
Long-term debt		2,442,839		200,164		462,239		1,245		1,779,191
Capital lease obligations		43,709		6,867		7,840		4,132		24,870
Deferred compensation (1)		90,985		11,010		15,793		11,005		53,177
SERP and other postretirement plans (2)		287,247		23,427		49,592		54,655		159,573
Multi-employer pension plans (3)		42,442		5,426		37,016		—		—
Unrecognized tax benefits and interest (4)		80,632
IRS deferred tax settlement (4)		212,000		212,000		—		—		—
Unrecorded Contractual Obligations:
Interest payments related to commercial paper and debt (5)		1,347,640		126,093		221,305		202,664		797,578
Retirement plan (6)		972,090		—		285,780		229,090		457,220
Long-term non-capitalized leases		221,457		50,962		69,590		43,479		57,426
Purchase obligations (7)		2,186,350		1,882,961		242,436		60,953		—
Total contractual cash obligations	$	8,109,366	$	2,700,885	$	1,391,591	$	607,223	$	3,329,035

(1)	The estimate of the timing of future payments under the Executive Deferred Compensation Plan involves the use of certain assumptions, including retirement ages and payout periods.
(2)	Includes estimated contributions to the unfunded SERP and other postretirement benefit plans made in amounts needed to fund benefit payments for vested participants in these plans through fiscal 2021, based on actuarial assumptions.
(3)	Represents voluntary withdrawal liabilities recorded and excludes normal contributions required under our collective bargaining agreements.
(4)	Unrecognized tax benefits relate to uncertain tax positions recorded under accounting standards related to uncertain tax positions. As of July 2, 2011, we had a liability of $56.2 million for unrecognized tax benefits for all tax jurisdictions and $24.5 million for related interest that could result in cash payment. Sysco reached a settlement with the IRS in the first quarter of fiscal 2010 related to timing of tax payments. Apart from this item, we are not able to reasonably estimate the timing of non-current payments or the amount by which the liability will increase or decrease over time. Accordingly, the related non-current balances have not been reflected in the “Payments Due by Period” section of the table.

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(5)	Includes payments on floating rate debt based on rates as of July 2, 2011, assuming amount remains unchanged until maturity, and payments on fixed rate debt based on maturity dates. The impact of our outstanding fixed-to-floating interest rate swaps on the fixed rate debt interest payments is included as well based on the floating rates in effect as of July 2, 2011.
(6)	Provides the estimated minimum contribution to the Retirement Plan through fiscal 2021 to meet ERISA minimum funding requirements under the assumption that we only make minimum funding requirement contributions each year, based on actuarial assumptions.
(7)	For purposes of this table, purchase obligations include agreements for purchases of product in the normal course of business, for which all significant terms have been confirmed, including minimum quantities resulting from our sourcing initiative. Such amounts included in the table above are based on estimates. Purchase obligations also includes amounts committed with a third party to provide hardware and hardware hosting services over a ten year period ending in fiscal 2015 (See discussion under Note 18, “Commitments and Contingencies”, to the Notes to Consolidated Financial Statements in Exhibit 99.2), fixed electricity agreements and fixed fuel purchase commitments. Purchase obligations exclude full requirements electricity contracts where no stated minimum purchase volume is required.

     Certain acquisitions involve contingent consideration, typically payable only in the event that certain operating results are attained or certain outstanding contingencies are resolved. Aggregate contingent consideration amounts outstanding as of July 2, 2011 included $56.6 million. This amount is not included in the table above.

Critical Accounting Policies and Estimates

     The preparation of financial statements in conformity with generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, sales and expenses in the accompanying financial statements. Significant accounting policies employed by Sysco are presented in the notes to the financial statements.

     Critical accounting policies and estimates are those that are most important to the portrayal of our financial condition and results of operations. These policies require our most subjective or complex judgments, often employing the use of estimates about the effect of matters that are inherently uncertain. We have reviewed with the Audit Committee of the Board of Directors the development and selection of the critical accounting policies and estimates and this related disclosure. Our most critical accounting policies and estimates pertain to the allowance for doubtful accounts receivable, self-insurance programs, company-sponsored pension plans, income taxes, vendor consideration, goodwill and intangible assets and share-based compensation.

Allowance for Doubtful Accounts

     We evaluate the collectability of accounts receivable and determine the appropriate reserve for doubtful accounts based on a combination of factors. We utilize specific criteria to determine uncollectible receivables to be written off, including whether a customer has filed for or has been placed in bankruptcy, has had accounts referred to outside parties for collection or has had accounts past due over specified periods. Allowances are recorded for all other receivables based on analysis of historical trends of write-offs and recoveries. In addition, in circumstances where we are aware of a specific customer’s inability to meet its financial obligation, a specific allowance for doubtful accounts is recorded to reduce the receivable to the net amount reasonably expected to be collected. Our judgment is required as to the impact of certain of these items and other factors as to ultimate realization of our accounts receivable. If the financial condition of our customers were to deteriorate, as was the case in fiscal 2009, additional allowances may be required.

Self-Insurance Program

     We maintain a self-insurance program covering portions of workers’ compensation, general liability and vehicle liability costs. The amounts in excess of the self-insured levels are fully insured by third party insurers. We also maintain a fully self-insured group medical program. Liabilities associated with these risks are estimated in part by considering historical claims experience, medical cost trends, demographic factors, severity factors and other actuarial assumptions. Projections of future loss expenses are inherently uncertain because of the random nature of insurance claims occurrences and could be significantly affected if future occurrences and claims differ from these assumptions and historical trends. In an attempt to mitigate the risks of workers’ compensation, vehicle and general liability claims, safety procedures and awareness programs have been implemented.

Company-Sponsored Pension Plans

     Amounts related to defined benefit plans recognized in the financial statements are determined on an actuarial basis. Three of the more critical assumptions in the actuarial calculations are the discount rate for determining the current value of plan benefits, the assumption for the rate of increase in future compensation levels and the expected rate of return on plan assets.

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     For guidance in determining the discount rates, we calculate the implied rate of return on a hypothetical portfolio of high-quality fixed-income investments for which the timing and amount of cash outflows approximates the estimated payouts of the pension plan. The discount rate assumption is reviewed annually and revised as deemed appropriate. The discount rate for determining fiscal 2011 net pension costs for the Retirement Plan, which was determined as of the July 3, 2010 measurement date, decreased 187 basis points to 6.15%. The discount rate for determining fiscal 2011 net pension costs for the SERP, which was determined as of the July 3, 2010 measurement date, decreased 79 basis points to 6.35%. The combined effect of these discount rate changes increased our net company-sponsored pension costs for all plans for fiscal 2011 by an estimated $85.6 million. The discount rate for determining fiscal 2012 net pension costs for the Retirement Plan, which was determined as of the July 2, 2011 measurement date, decreased 21 basis points to 5.94%. The discount rate for determining fiscal 2012 net pension costs for the SERP, which was determined as of the July 2, 2011 measurement date, decreased 42 basis points to 5.93%. The combined effect of these discount rate changes will increase our net company-sponsored pension costs for all plans for fiscal 2012 by an estimated $14.3 million. A 100 basis point increase in the discount rates for fiscal 2012 would decrease Sysco’s net company-sponsored pension cost by $59.0 million, while a 100 basis point decrease in the discount rates would increase pension cost by $68.7 million. The impact of a 100 basis point increase in the discount rates differs from the impact of a 100 basis point decrease in discount rates because the liabilities are less sensitive to change at higher discount rates. Therefore, a 100 basis point increase in the discount rate will not generate the same magnitude of change as a 100 basis point decrease in the discount rate.

     We look to actual plan experience in determining the rates of increase in compensation levels. We used a plan specific age-related set of rates for the Retirement Plan, which are equivalent to a single rate of 5.30% as of July 2, 2011 and July 3, 2010. For determining the benefit obligations as of July 2, 2011 and July 3, 2010, the SERP calculations use an age-graded salary growth assumption.

     The expected long-term rate of return on plan assets of the Retirement Plan was 8.00% for fiscal 2011 and fiscal 2010. The expectations of future returns are derived from a mathematical asset model that incorporates assumptions as to the various asset class returns, reflecting a combination of historical performance analysis and the forward-looking views of the financial markets regarding the yield on bonds, historical returns of the major stock markets and returns on alternative investments. Although not determinative of future returns, the effective annual rate of return on plan assets, developed using geometric/compound averaging, was approximately 8.1%, 4.0%, 4.1%, and 18.5%, over the 20-year, 10-year, 5-year and 1-year periods ended December 31, 2010, respectively. In addition, in nine of the last 15 years, the actual return on plan assets has exceeded 10%. The rate of return assumption is reviewed annually and revised as deemed appropriate.

     The expected return on plan assets impacts the recorded amount of net pension costs. The expected long-term rate of return on plan assets of the Retirement Plan is 7.75% for fiscal 2012. A 100 basis point increase (decrease) in the assumed rate of return for fiscal 2012 would decrease (increase) Sysco’s net company-sponsored pension costs for fiscal 2012 by approximately $20.9 million.

     Pension accounting standards require the recognition of the funded status of our defined benefit plans in the statement of financial position, with a corresponding adjustment to accumulated other comprehensive income, net of tax. The amount reflected in accumulated other comprehensive loss related to the recognition of the funded status of our defined benefit plans as of July 2, 2011 was a charge, net of tax, of $501.1 million. The amount reflected in accumulated other comprehensive loss related to the recognition of the funded status of our defined benefit plans as of July 3, 2010 was a charge, net of tax, of $598.8 million.

     Changes in the assumptions, including changes to the discount rate discussed above, together with the normal growth of the plans, the impact of actuarial losses from prior periods and the timing and amount of contributions, increased net company-sponsored pension costs by approximately $60 million in fiscal 2011. Changes in the assumptions, including changes to the discount rate discussed above, together with the normal growth of the plans, the impact of actuarial losses from prior periods, the impact of plan amendments and the timing and amount of contributions are expected to decrease net company-sponsored pension costs in fiscal 2012 by approximately $27 million.

     We made cash contributions to our company-sponsored pension plans of $161.7 million and $297.9 million in fiscal years 2011 and 2010, respectively. Included in the $161.7 million of contributions in fiscal 2011 was a $140.0 million contribution to our Retirement Plan that would normally have been made in fiscal 2012. We did not have a minimum required contribution to the Retirement Plan for the calendar 2010 plan year to meet ERISA minimum funding requirements. Included in the $297.9 million of contributions in fiscal 2010 the minimum required contribution for the calendar 2009 plan year to meet ERISA minimum funding requirements, as well as a $140.0 million contribution to our Retirement Plan that would normally have been made in fiscal 2011. We do not have a minimum required contribution to the Retirement Plan for the calendar 2011 plan year to meet ERISA minimum funding requirements that must be made in fiscal 2012. Additional contributions to our Retirement Plan are not currently anticipated in fiscal 2012, however we will evaluate our funding position at the end of fiscal 2012 and select the timing for a contribution at that time. The estimated fiscal 2012 contributions to fund benefit payments for the SERP plan are approximately $23 million.

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Income Taxes

     The determination of our provision for income taxes requires significant judgment, the use of estimates and the interpretation and application of complex tax laws. Our provision for income taxes primarily reflects a combination of income earned and taxed in the various U.S. federal and state, as well as foreign jurisdictions. Jurisdictional tax law changes, increases or decreases in permanent differences between book and tax items, accruals or adjustments of accruals for unrecognized tax benefits or valuation allowances, and our change in the mix of earnings from these taxing jurisdictions all affect the overall effective tax rate.

     Our liability for unrecognized tax benefits contains uncertainties because management is required to make assumptions and to apply judgment to estimate the exposures associated with our various filing positions. We believe that the judgments and estimates discussed herein are reasonable; however, actual results could differ, and we may be exposed to losses or gains that could be material. To the extent we prevail in matters for which a liability has been established, or pay amounts in excess of recorded liabilities, our effective income tax rate in a given financial statement period could be materially affected. An unfavorable tax settlement generally would require use of our cash and may result in an increase in our effective income tax rate in the period of resolution. A favorable tax settlement may be recognized as a reduction in our effective income tax rate in the period of resolution.

Vendor Consideration

     We recognize consideration received from vendors when the services performed in connection with the monies received are completed and when the related product has been sold by Sysco. There are several types of cash consideration received from vendors. In many instances, the vendor consideration is in the form of a specified amount per case or per pound. In these instances, we will recognize the vendor consideration as a reduction of cost of sales when the product is sold. In some instances, vendor consideration is received upon receipt of inventory in our distribution facilities. We estimate the amount needed to reduce our inventory based on inventory turns until the product is sold. Our inventory turnover is usually less than one month; therefore, amounts deferred against inventory do not require long-term estimation. In the situations where the vendor consideration is not related directly to specific product purchases, we will recognize these as a reduction of cost of sales when the earnings process is complete, the related service is performed and the amounts realized. Historically, adjustments to our estimates related to vendor consideration have not been significant.

Goodwill and Intangible Assets

     Goodwill and intangible assets represent the excess of consideration paid over the fair value of tangible net assets acquired. Certain assumptions and estimates are employed in determining the fair value of assets acquired, including goodwill and other intangible assets, as well as determining the allocation of goodwill to the appropriate reporting unit.

     In addition, annually in our fourth quarter or more frequently as needed, we assess the recoverability of goodwill and indefinite-lived intangibles by determining whether the fair values of the applicable reporting units exceed the carrying values of these assets. The reporting units used in assessing goodwill impairment are our eight operating segments as described in Note 19, “Business Segment Information,” to the Consolidated Financial Statements in Exhibit 99.1. The components within each of our eight operating segments have similar economic characteristics and therefore are aggregated into eight reporting units.

     We arrive at our estimates of fair value using a combination of discounted cash flow and earnings multiple models. The results from each of these models are then weighted and combined into a single estimate of fair value for each of our eight operating segments. We use a 60% weighting for our discounted cash flow valuation and 40% for the earnings multiple models giving greater emphasis to our discounted cash flow model because the forecasted operating results that serve as a basis for the analysis incorporate management’s outlook and anticipated changes for the businesses. The primary assumptions used in these various models include estimated earnings multiples of comparable acquisitions in the industry including control premiums, earnings multiples on acquisitions completed by Sysco in the past, future cash flow estimates of the reporting units, which are dependent on internal forecasts and projected growth rates, and weighted average cost of capital, along with working capital and capital expenditure requirements. When possible, we use observable market inputs in our models to arrive at the fair values of our reporting units. We update our projections used in our discounted cash flow model based on historical performance and changing business conditions for each of our reporting units.

     Our estimates of fair value contain uncertainties requiring management to make assumptions and to apply judgment to estimate industry economic factors and the profitability of future business strategies. Actual results could differ from these assumptions and projections, resulting in the company revising its assumptions and, if required, recognizing an impairment loss. There were no impairments of goodwill or indefinite-lived intangibles recorded as a result of assessment in fiscal 2011, 2010 and 2009. Our past estimates of fair value for fiscal 2010 and 2009 have not been materially different when revised to include subsequent years’ actual results. Sysco has not made any material changes in its impairment assessment methodology

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during the past three fiscal years. We do not believe the estimates used in the analysis are reasonably likely to change materially in the future but we will continue to assess the estimates in the future based on the expectations of the reporting units. In the fiscal 2011 analysis our estimates of fair value did not require additional analysis; however, we would have performed additional analysis to determine if an impairment existed for the following reporting units if our estimates of fair value were decreased by the following amounts. First, our reporting unit that distributes to international customers would have required additional analysis if the estimated fair value had been 26% lower. Second, our European Broadline company would have required additional analysis if the estimated fair value had been 27% lower. Third, our lodging industry products reporting unit would have required additional analysis if the estimated fair value had been 29% lower. Lastly, our specialty produce operations would have required additional analysis if the estimated fair value had been 34% lower. At July 2, 2011, these four reporting units had goodwill aggregating $498.3 million. For the remainder of our reporting units which at July 2, 2011 had goodwill aggregating $1.1 billion, we would have performed additional analysis to determine if an impairment existed for a reporting unit if the estimated fair value for any of these reporting units had declined by greater than 50%.

     Certain reporting units (European Broadline, specialty produce, custom-cut meat, lodging industry products and international distribution operations) have a greater proportion of goodwill recorded to estimated fair value as compared to the United States Broadline, Canadian Broadline or SYGMA reporting units. This is primarily due to these businesses having been recently acquired, and as a result there has been less history of organic growth than in the United States Broadline, Canadian Broadline and SYGMA reporting units. In addition, these businesses also have lower levels of cash flow than the United States Broadline reporting units. As such, these reporting units have a greater risk of future impairment if their operations were to suffer a significant downturn.

Share-Based Compensation

     We provide compensation benefits to employees and non-employee directors under several share-based payment arrangements including various employee stock incentive plans, the Employees’ Stock Purchase Plan, the Management Incentive Plan and various non-employee director plans.

     As of July 2, 2011, there was $61.3 million of total unrecognized compensation cost related to share-based compensation arrangements. That cost is expected to be recognized over a weighted-average period of 2.62 years.

     The fair value of each option award is estimated on the date of grant using a Black-Scholes option pricing model. Expected volatility is based on historical volatility of Sysco’s stock, implied volatilities from traded options on Sysco’s stock and other factors. We utilize historical data to estimate option exercise and employee termination behavior within the valuation model; separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. Expected dividend yield is estimated based on the historical pattern of dividends and the average stock price for the year preceding the option grant. The risk-free rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant.

     The fair value of each restricted stock unit award granted with a dividend equivalent is based on the company’s stock price as of the date of grant. For restricted stock units granted without dividend equivalents, the fair value is reduced by the present value of expected dividends during the vesting period.

     The fair value of the stock issued under the Employee Stock Purchase Plan is calculated as the difference between the stock price and the employee purchase price.

     The fair value of restricted stock granted to employees is based on the stock price on grant date. The application of a discount to the fair value of a restricted stock grant is dependent upon whether or not each individual grant contains a post-vesting restriction.

     The compensation cost related to these share-based awards is recognized over the requisite service period. The requisite service period is generally the period during which an employee is required to provide service in exchange for the award. The compensation cost related to stock issuances resulting from employee purchases of stock under the Employees’ Stock Purchase Plan is recognized during the quarter in which the employee payroll withholdings are made.

     Certain of our option awards are generally subject to graded vesting over a service period. In those cases, we will recognize compensation cost on a straight-line basis over the requisite service period for the entire award. In other cases, certain of our option awards provide for graded vesting over a service period but include a performance-based provision allowing for the vesting to accelerate. In these cases, if it is probable that the performance condition will be met, we recognize compensation cost on a straight-line basis over the shorter performance period; otherwise, we recognize compensation cost over the probable longer service period.

     In addition, certain of our share-based awards provide that if the award holder retires at certain age and years of service thresholds, the options continue to vest as if the award holder continued to be an employee or director. In these cases, for

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awards granted prior to July 2, 2005 (our adoption date for the fair value recognition provisions in current stock compensation accounting standards), we will recognize the compensation cost for such awards over the remaining service period and accelerate any remaining unrecognized compensation cost when the employee retires. For awards granted subsequent to July 3, 2005, we will recognize compensation cost for such awards over the period from the date of grant to the date the employee first becomes eligible to retire with his options continuing to vest after retirement.

     Our option grants include options that qualify as incentive stock options for income tax purposes. In the period the compensation cost related to incentive stock options is recorded, a corresponding tax benefit is not recorded as it is assumed that we will not receive a tax deduction related to such incentive stock options. We may be eligible for tax deductions in subsequent periods to the extent that there is a disqualifying disposition of the incentive stock option. In such cases, we would record a tax benefit related to the tax deduction in an amount not to exceed the corresponding cumulative compensation cost recorded in the financial statements on the particular options multiplied by the statutory tax rate.

Forward-Looking Statements

     Certain statements made herein that look forward in time or express management’s expectations or beliefs with respect to the occurrence of future events are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They include statements about Sysco’s ability to increase its sales and market share and grow earnings, the continuing impact of economic conditions on consumer confidence and our business, sales and expense trends, including expectations regarding pay-related expense and pension costs, anticipated multi-employer pension related liabilities and contributions to various multi-employer pension plans, expectations regarding potential payments of unrecognized tax benefits and interest, expectations regarding share repurchases, expected trends in fuel pricing, usage costs and surcharges, our expectation regarding the provision for losses on accounts receivable, expected implementation, costs and benefits of the ERP system, estimated expenses and capital expenditures related to our Business Transformation Project in fiscal 2012, our plan to continue to explore and identify opportunities to grow in international markets and adjacent areas that complement our core business, the impact of ongoing legal proceedings, the loss of SYGMA’s largest customer not having a material adverse effect on Sysco as a whole, compliance with laws and government regulations not having a material effect on our capital expenditures, earnings or competitive position, anticipated acquisitions and capital expenditures and the sources of financing for them, continued competitive advantages and positive results from strategic initiatives, anticipated company-sponsored pension plan liabilities, our expectations regarding cash flow from operations, the availability and adequacy of insurance to cover liabilities, the impact of future adoption of accounting pronouncements, predictions regarding the impact of changes in estimates used in impairment analyses, the anticipated impact of changes in foreign currency exchange rates and Sysco’s ability to meet future cash requirements and remain profitable.

     These statements are based on management’s current expectations and estimates; actual results may differ materially due in part to the risk factors discussed at Item 1.A. in the Annual Report on Form 10-K and elsewhere. In addition, the success of Sysco’s strategic initiatives could be affected by conditions in the economy and the industry and internal factors such as the ability to control expenses, including fuel costs. Expected trends related to fuel costs and usage are impacted by fluctuations in the economy generally and numerous factors affecting the oil industry that are beyond our control. Our efforts to lower our cost of goods sold may be impacted by factors beyond our control, including actions by our competitors and/or customers. We have experienced delays in the implementation of our Business Transformation Project and the expected costs of our Business Transformation Project may be greater or less than currently expected, as we may encounter the need for changes in design or revisions of the project calendar and budget. Our business and results of operations may be adversely affected if we experience operating problems, scheduling delays, cost overages, or limitations on the extent of the business transformation during the ERP implementation process. As implementation of the ERP system and the Business Transformation Project begins, there may be changes in design or timing that impact near-term expense and cause us to revise the project calendar and budget, and additional hiring and training of employees and consultants may be required, which could also impact project expense and timing. Company-sponsored pension plan liabilities are impacted by a number of factors including the discount rate for determining the current value of plan benefits, the assumption for the rate of increase in future compensation levels and the expected rate of return on plan assets. The amount of shares repurchased in a given period is subject to a number of factors, including available cash and our general working capital needs at the time. Our plans with respect to growth in international markets and adjacent areas that complement our core business are subject to the company’s other strategic initiatives and plans and economic conditions generally. Legal proceedings are impacted by events, circumstances and individuals beyond the control of Sysco. The need for additional borrowing or other capital is impacted by factors that include capital expenditures or acquisitions in excess of those currently anticipated, stock repurchases at historical levels, or other unexpected cash requirements. Predictions regarding the future adoption of accounting pronouncements involve estimates without the benefit of precedent, and if our estimates turn out to be materially incorrect, our assessment of the impact of the pronouncement could prove incorrect, as well. The anticipated impact of compliance with laws and regulations also involves the risk that estimates may turn out to be materially incorrect, and laws and regulations, as well as methods of enforcement, are subject to change.

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EX-99.2

EXHIBIT 99.2

SYSCO CORPORATION AND SUBSIDIARIES

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

	Page
Consolidated Financial Statements:
Report of Management on Internal Control Over Financial Reporting	2
Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting	3
Report of Independent Registered Public Accounting Firm on Consolidated Financial Statements	4
Consolidated Balance Sheets	5
Consolidated Results of Operations	6
Changes in Consolidated Shareholders’ Equity	7
Consolidated Cash Flows	8
Notes to Consolidated Financial Statements	9

     All schedules are omitted because they are not applicable or the information is set forth in the consolidated financial statements or notes thereto.

1

REPORT OF MANAGEMENT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

     The management of Sysco Corporation (“Sysco”) is responsible for establishing and maintaining adequate internal control over financial reporting for the company. Sysco’s internal control system is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation and fair presentation of published financial statements. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.

     Sysco’s management assessed the effectiveness of Sysco’s internal control over financial reporting as of July 2, 2011. In making this assessment, it used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control — Integrated Framework. Based on this assessment, management concluded that, as of July 2, 2011, Sysco’s internal control over financial reporting was effective based on those criteria.

     Ernst & Young LLP has issued an audit report on the effectiveness of Sysco’s internal control over financial reporting as of July 2, 2011.

2

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
ON INTERNAL CONTROL OVER FINANCIAL REPORTING

The Board of Directors and Shareholders
Sysco Corporation

     We have audited Sysco Corporation (a Delaware Corporation) and its subsidiaries’ internal control over financial reporting as of July 2, 2011, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (the COSO criteria). Sysco Corporation’s management is responsible for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Report of Management on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the company’s internal control over financial reporting based on our audit.

     We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

     A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.

     Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

     In our opinion, Sysco Corporation maintained, in all material respects, effective internal control over financial reporting as of July 2, 2011, based on the COSO criteria.

     We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheets of the Company as of July 2, 2011 and July 3, 2010 and the related consolidated results of operations, shareholders’ equity and cash flows for each of the three years in the period ended July 2, 2011 of Sysco Corporation and subsidiaries and our report dated August 30, 2011 expressed an unqualified opinion thereon.

/s/ Ernst & Young LLP  

Houston, Texas
August 30, 2011

3

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
ON CONSOLIDATED FINANCIAL STATEMENTS

To the Board of Directors and Shareholders
Sysco Corporation

     We have audited the accompanying consolidated balance sheets of Sysco Corporation (a Delaware Corporation) and subsidiaries (the “Company”) as of July 2, 2011 and July 3, 2010, and the related consolidated results of operations, shareholders’ equity, and cash flows for each of the three years in the period ended July 2, 2011. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

     We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

     In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Company at July 2, 2011 and July 3, 2010, and the consolidated results of their operations and their cash flows for each of the three years in the period ended July 2, 2011, in conformity with U.S. generally accepted accounting principles.

     We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Company’s internal control over financial reporting as of July 2, 2011, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated August 30, 2011 expressed an unqualified opinion thereon.

/s/ Ernst & Young LLP  

Houston, Texas
August 30, 2011, except for Note 1, Note 19, Note 20 and Note 21, and the consolidated results of operations as to which the date is November 8, 2011.

4

SYSCO

CONSOLIDATED BALANCE SHEETS

	July 2, 2011			July 3, 2010
	(In thousands except for share data)
ASSETS
Current assets
Cash and cash equivalents	$	639,765		$	585,443
Short-term investments		—			23,511
Accounts and notes receivable, less allowances of $42,436 and $36,573		2,898,283			2,617,352
Inventories		2,073,766			1,771,539
Prepaid expenses and other current assets		72,496			70,992
Prepaid income taxes		48,572			7,421
Total current assets		5,732,882			5,076,258
Plant and equipment at cost, less depreciation		3,512,389			3,203,823
Other assets
Goodwill		1,633,289			1,549,815
Intangibles, less amortization		109,938			106,398
Restricted cash		110,516			124,488
Prepaid pension cost		—			—
Other assets		286,541			252,919
Total other assets		2,140,284			2,033,620
Total assets	$	11,385,555		$	10,313,701
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Notes payable	$	181,975		$	—
Accounts payable		2,183,417			1,953,092
Accrued expenses		856,569			870,114
Deferred income taxes		146,083			178,022
Current maturities of long-term debt		207,031			7,970
Total current liabilities		3,575,075			3,009,198
Other liabilities
Long-term debt		2,279,517			2,472,662
Deferred income taxes		204,223			271,512
Other long-term liabilities		621,498			732,803
Total other liabilities		3,105,238			3,476,977
Commitments and contingencies
Shareholders’ equity
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none		—			—
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		887,754			816,833
Retained earnings		7,681,669			7,134,139
Accumulated other comprehensive loss		(259,958	)		(480,251	)
Treasury stock, 173,597,346 and 176,768,795 shares, at cost		(4,369,398	)		(4,408,370	)
Total shareholders’ equity		4,705,242			3,827,526
Total liabilities and shareholders’ equity	$	11,385,555		$	10,313,701

See Notes to Consolidated Financial Statements

5

SYSCO

CONSOLIDATED RESULTS OF OPERATIONS

	Year Ended
				July 3, 2010
	July 2, 2011			(53 Weeks)		June 27, 2009
	(In thousands except for share and per share data)
Sales	$	39,323,489		$	37,243,495	$	36,853,330
Cost of sales		31,928,777			30,055,188		29,743,076
Gross profit		7,394,712			7,188,307		7,110,254
Operating expenses		5,463,210			5,212,439		5,238,043
Operating income		1,931,502			1,975,868		1,872,211
Interest expense		118,267			125,477		116,322
Other expense (income), net		(14,219	)		802		(14,945	)
Earnings before income taxes		1,827,454			1,849,589		1,770,834
Income taxes		675,424			669,606		714,886
Net earnings	$	1,152,030		$	1,179,983	$	1,055,948
Net earnings:
Basic earnings per share	$	1.96		$	1.99	$	1.77
Diluted earnings per share		1.96			1.99		1.77
Average shares outstanding		586,526,142			592,157,221		595,127,577
Diluted shares outstanding		588,691,546			593,590,042		596,069,204
Dividends declared per common share	$	1.03		$	0.99	$	0.94

See Notes to Consolidated Financial Statements

6

SYSCO

CHANGES IN CONSOLIDATED SHAREHOLDERS’ EQUITY

											Accumulated Other
	Common Stock							Retained			Comprehensive			Treasury Stock
	Shares		Amount		Paid-in Capital			Earnings			Loss			Shares			Amounts			Totals
	(In thousands except for share data)
Balance as of June 28, 2008		765,174,900	$	765,175	$	712,208		$	6,041,429		$	(68,768	)		163,942,358		$	4,041,058			3,408,986
Net earnings									1,055,948												1,055,948
Foreign currency translation adjustment												(84,452	)								(84,452	)
Amortization of cash flow hedge, net of tax												428									428
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax												13,335									13,335
Pension liability assumption, net of tax												(16,450	)								(16,450	)
Pension funded status adjustment, net of tax												(122,079	)								(122,079	)
Comprehensive income																					846,730
Dividends declared									(557,487	)											(557,487	)
Treasury stock purchases															16,951,200			438,842			(438,842	)
Share-based compensation awards						48,144									(5,745,155	)		(142,171	)		190,315
Balance as of June 27, 2009		765,174,900	$	765,175	$	760,352		$	6,539,890		$	(277,986	)		175,148,403		$	4,337,729		$	3,449,702
Net earnings									1,179,983												1,179,983
Foreign currency translation adjustment												49,973									49,973
Amortization of cash flow hedge, net of tax												428									428
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax												27,464									27,464
Pension funded status adjustment, net of tax												(280,130	)								(280,130	)
Comprehensive income																					977,718
Dividends declared									(585,734	)											(585,734	)
Treasury stock purchases															6,000,000			179,174			(179,174	)
Share-based compensation awards						56,481									(4,379,608	)		(108,533	)		165,014
Balance as of July 3, 2010		765,174,900	$	765,175	$	816,833		$	7,134,139		$	(480,251	)		176,768,795		$	4,408,370		$	3,827,526
Net earnings									1,152,030												1,152,030
Foreign currency translation adjustment												122,217									122,217
Amortization of cash flow hedge, net of tax												428									428
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax												51,659									51,659
Pension funded status adjustment, net of tax												45,989									45,989
Comprehensive income																					1,372,323
Dividends declared									(604,500	)											(604,500	)
Treasury stock purchases															10,000,000			291,600			(291,600	)
Treasury stock issued for acquisitions						(10,625	)								(422,132	)		(10,625	)		—
Share-based compensation awards						81,546									(12,749,317	)		(319,947	)		401,493
Balance as of July 2, 2011		765,174,900	$	765,175	$	887,754		$	7,681,669		$	(259,958	)		173,597,346		$	4,369,398		$	4,705,242

See Notes to Consolidated Financial Statements

7

SYSCO

CONSOLIDATED CASH FLOWS

	Year Ended
				July 3, 2010
	July 2, 2011			(53 Weeks)			June 27, 2009
				(In thousands)
Cash flows from operating activities:
Net earnings	$	1,152,030		$	1,179,983		$	1,055,948
Adjustments to reconcile net earnings to cash provided by operating activities:
Share-based compensation expense		59,235			66,358			56,030
Depreciation and amortization		402,588			389,976			382,339
Deferred income taxes		(165,239	)		(121,865	)		(294,162	)
Provision for losses on receivables		42,623			34,931			74,638
Other non-cash items		(9,454	)		2,550			(3,586	)
Additional investment in certain assets and liabilities, net of effect of businesses acquired:
(Increase) decrease in receivables		(252,641	)		(166,426	)		188,748
(Increase) decrease in inventories		(254,738	)		(106,172	)		177,590
Decrease (increase) in prepaid expenses and other current assets		341			(6,271	)		(678	)
Increase (decrease) in accounts payable		187,410			154,811			(198,284	)
(Decrease) increase in accrued expenses		(43,348	)		58,002			(120,314	)
(Decrease) increase in accrued income taxes		(44,202	)		(296,475	)		325,482
(Increase) in other assets		(26,966	)		(31,514	)		(15,701	)
Increase (decrease) in other long-term liabilities and prepaid pension cost, net		44,308			(271,692	)		(48,380	)
Excess tax benefits from share-based compensation arrangements		(429	)		(768	)		(2,921	)
Net cash provided by operating activities		1,091,518			885,428			1,576,749
Cash flows from investing activities:
Additions to plant and equipment		(636,442	)		(594,604	)		(464,561	)
Proceeds from sales of plant and equipment		19,069			21,710			25,244
Acquisition of businesses, net of cash acquired		(101,148	)		(29,293	)		(218,075	)
Purchases of short-term investments		—			(85,071	)		—
Maturities of short-term investments		24,993			61,568			—
Decrease (increase) in restricted cash		13,972			(30,630	)		(1,271	)
Net cash used for investing activities		(679,556	)		(656,320	)		(658,663	)
Cash flows from financing activities:
Bank and commercial paper borrowings (repayments), net		181,975			—			—
Other debt borrowings		4,411			7,091			506,611
Other debt repayments		(8,732	)		(10,695	)		(10,173	)
Debt issuance costs		(7	)		(7	)		(3,693	)
Proceeds from common stock reissued from treasury for share-based compensation awards		332,688			94,750			111,780
Treasury stock purchases		(291,600	)		(179,174	)		(438,843	)
Dividends paid		(597,071	)		(579,763	)		(548,246	)
Excess tax benefits from share-based compensation arrangements		429			768			2,921
Net cash used for financing activities		(377,907	)		(667,030	)		(379,643	)
Effect of exchange rates on cash		20,267			4,714			334
Net increase (decrease) in cash and cash equivalents		54,322			(433,208	)		538,777
Cash and cash equivalents at beginning of period		585,443			1,018,651			479,874
Cash and cash equivalents at end of period	$	639,765		$	585,443		$	1,018,651
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest	$	119,050		$	127,411		$	108,608
Income taxes		907,720			1,141,963			735,772

See Notes to Consolidated Financial Statements

8

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. SUMMARY OF ACCOUNTING POLICIES

Business and Consolidation

     Sysco Corporation, acting through its subsidiaries and divisions, (Sysco or the company), is engaged in the marketing and distribution of a wide range of food and related products primarily to the foodservice or food-away-from-home industry. These services are performed for approximately 400,000 customers from 177 distribution facilities located throughout the United States, Canada and Ireland.

     Sysco’s fiscal year ends on the Saturday nearest to June 30^th. This resulted in a 52-week year ending July 2, 2011, a 53-week year ending July 3, 2010 for fiscal 2010 and a 52-week year ending June 27, 2009 for 2009.

     The accompanying financial statements include the accounts of Sysco and its consolidated subsidiaries. All significant intercompany transactions and account balances have been eliminated.

     The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates that affect the reported amounts of assets, liabilities, sales and expenses. Actual results could differ from the estimates used.

     Sysco’s management has changed the way it evaluates the performance of its operating segment results. Beginning with the first quarter of fiscal 2012, each segment’s operating income no longer includes certain centrally incurred costs for corporate overhead and shared services. Previously, these centrally incurred costs were charged to the segments based upon the relative level of service used by each operating segment. Management now evaluates the performance of each of its operating segments based on its respective operating income results, which excludes the allocation of certain centrally incurred costs. This results in higher operating income at an operating segment level and higher corporate expenses.

     Also in the first quarter of fiscal 2012, Sysco changed the consolidated results of operations for the classification of certain centrally incurred purchasing costs to be recognized within operating expenses. Prior to fiscal 2012, these costs were netted against cost of sales and reflected as a reduction to gross profit.

     As a result of these changes, Note 1, Note 19, Note 20 and Note 21 have been revised to show the new basis of operating segment results. The consolidated results of operations and Note 22 have been reclassified to demonstrate the changed classification of centrally incurred purchasing costs.

Cash and Cash Equivalents

     For cash flow purposes, cash includes cash equivalents such as time deposits, certificates of deposit, short-term investments and all highly liquid instruments with original maturities of three months or less, which are recorded at fair value.

Accounts Receivable

     Accounts receivable consist primarily of trade receivables from customers and receivables from suppliers for marketing or incentive programs. Sysco determines the past due status of trade receivables based on contractual terms with each customer. Sysco evaluates the collectability of accounts receivable and determines the appropriate reserve for doubtful accounts based on a combination of factors. The company utilizes specific criteria to determine uncollectible receivables to be written off including whether a customer has filed for or been placed in bankruptcy, has had accounts referred to outside parties for collection or has had accounts past due over specified periods. Allowances are recorded for all other receivables based on an analysis of historical trends of write-offs and recoveries. In addition, in circumstances where the company is aware of a specific customer’s inability to meet its financial obligation to Sysco, a specific allowance for doubtful accounts is recorded to reduce the receivable to the net amount reasonably expected to be collected.

Inventories

     Inventories consisting primarily of finished goods include food and related products and lodging products held for resale and are valued at the lower of cost (first-in, first-out method) or market. Elements of costs include the purchase price of the product and freight charges to deliver the product to the company’s warehouses and are net of certain cash or non-cash consideration received from vendors (see “Vendor Consideration”).

9

Plant and Equipment

     Capital additions, improvements and major replacements are classified as plant and equipment and are carried at cost. Depreciation is recorded using the straight-line method, which reduces the book value of each asset in equal amounts over its estimated useful life, and is included within operating expenses in the consolidated results of operations. Maintenance, repairs and minor replacements are charged to earnings when they are incurred. Upon the disposition of an asset, its accumulated depreciation is deducted from the original cost, and any gain or loss is reflected in current earnings.

     Certain internal and external costs related to the acquisition and development of internal use software being built within our Business Transformation Project are capitalized within plant and equipment during the application development stages of the project. This project is primarily in the development stage as of July 2, 2011 and no material depreciation has occurred.

     Applicable interest charges incurred during the construction of new facilities and development of software for internal use are capitalized as one of the elements of cost and are amortized over the assets’ estimated useful lives. Interest capitalized for the past three fiscal years was $13.9 million in fiscal 2011, $10.0 million in fiscal 2010 and $3.5 million in fiscal 2009.

Long-Lived Assets

     Management reviews long-lived assets for indicators of impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Cash flows expected to be generated by the related assets are estimated over the asset’s useful life based on updated projections on an undiscounted basis. If the evaluation indicates that the carrying value of the asset may not be recoverable, the potential impairment is measured at fair value.

Goodwill and Intangibles

     Goodwill and intangibles represent the excess of cost over the fair value of tangible net assets acquired. Goodwill and intangibles with indefinite lives are not amortized. Goodwill is assigned to the reporting units that are expected to benefit from the synergies of a business combination. The recoverability of goodwill and indefinite-lived intangibles is assessed annually, or more frequently as needed when events or changes have occurred that would suggest an impairment of carrying value, by determining whether the fair values of the applicable reporting units exceed their carrying values. The reporting units used to assess goodwill impairment are the company’s eight operating segments as described in Note 19, “Business Segment Information.” The components within each of the eight operating segments have similar economic characteristics and therefore are aggregated into eight reporting units. The evaluation of fair value requires the use of projections, estimates and assumptions as to the future performance of the operations in performing a discounted cash flow analysis, as well as assumptions regarding sales and earnings multiples that would be applied in comparable acquisitions.

     Intangibles with definite lives are amortized on a straight-line basis over their useful lives, which generally range from three to ten years. Management reviews finite-lived intangibles for indicators of impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Cash flows expected to be generated by the finite-lived intangibles are estimated over the intangible asset’s useful life based on updated projections on an undiscounted basis. If the evaluation indicates that the carrying value of the finite-lived intangible asset may not be recoverable, the potential impairment is measured at fair value.

Restricted Cash

     Sysco is required by its insurers to collateralize a part of the self-insured portion of its workers’ compensation and liability claims. Sysco has chosen to satisfy these collateral requirements by depositing funds in insurance trusts or by issuing letters of credit. All amounts in restricted cash at July 2, 2011 and July 3, 2010 represented funds deposited in insurance trusts.

Derivative Financial Instruments

     All derivatives are recognized as assets or liabilities within the consolidated balance sheets at fair value. Gains or losses on derivative financial instruments designated as fair value hedges are recognized immediately in the consolidated results of operations, along with the offsetting gain or loss related to the underlying hedged item.

     Gains or losses on derivative financial instruments designated as cash flow hedges are recorded as a separate component of shareholders’ equity at their settlement, whereby gains or losses are reclassified to the Consolidated Results of Operations in conjunction with the recognition of the underlying hedged item.

     In the normal course of business, Sysco enters into forward purchase agreements for the procurement of fuel and electricity. Certain of these agreements meet the definition of a derivative. However, the company elected to use the normal purchase and sale exemption available under derivatives accounting literature; therefore, these agreements are not recorded at fair value.

10

Investments in Corporate-Owned Life Insurance

     Investments in corporate-owned life insurance (COLI) policies are recorded at their cash surrender values as of each balance sheet date. Changes in the cash surrender value during the period are recorded as a gain or loss within operating expenses. The company does not record deferred tax balances related to cash surrender value gains or losses for the policies that Sysco has the intent to hold these policies to maturity. Deferred tax balances are recorded for those policies that Sysco intends to redeem prior to maturity. The total amounts related to the company’s investments in COLI policies included in other assets in the consolidated balance sheets were $231.3 million and $203.2 million at July 2, 2011 and July 3, 2010, respectively.

Treasury Stock

     The company records treasury stock purchases at cost. Shares removed from treasury are valued at cost using the average cost method.

Foreign Currency Translation

     The assets and liabilities of all foreign subsidiaries are translated at current exchange rates. Related translation adjustments are recorded as a component of accumulated other comprehensive income (loss).

Revenue Recognition

     The company recognizes revenue from the sale of a product when it is considered to be realized or realizable and earned. The company determines these requirements to be met at the point at which the product is delivered to the customer. The company grants certain customers sales incentives such as rebates or discounts and treats these as a reduction of sales at the time the sale is recognized. Sales tax collected from customers is not included in revenue but rather recorded as a liability due to the respective taxing authorities. Purchases and sales of inventory with the same counterparty that are entered into in contemplation of one another are considered to be a single nonmonetary transaction. As such, the company records the net effect of such transactions in the consolidated results of operations within sales.

Vendor Consideration

     Sysco recognizes consideration received from vendors when the services performed in connection with the monies received are completed and when the related product has been sold by Sysco as a reduction to cost of sales. There are several types of cash consideration received from vendors. In many instances, the vendor consideration is in the form of a specified amount per case or per pound. In these instances, Sysco will recognize the vendor consideration as a reduction of cost of sales when the product is sold. In the situations in which the vendor consideration is not related directly to specific product purchases, Sysco will recognize these as a reduction of cost of sales when the earnings process is complete, the related service is performed and the amounts are realized.

Shipping and Handling Costs

     Shipping and handling costs include costs associated with the selection of products and delivery to customers. Included in operating expenses are shipping and handling costs of approximately $2,222.1 million in fiscal 2011, $2,103.3 million in fiscal 2010, and $2,136.8 million in fiscal 2009.

Insurance Program

     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. Liabilities associated with these risks are estimated in part by considering historical claims experience, medical cost trends, demographic factors, severity factors and other actuarial assumptions.

Share-Based Compensation

     Sysco recognizes expense for its share-based compensation based on the fair value of the awards that are granted. The fair value of stock options is estimated at the date of grant using the Black-Scholes option pricing model. Option pricing methods require the input of highly subjective assumptions, including the expected stock price volatility. The fair value of restricted stock and restricted stock unit awards are based on the company’s stock price on the date of grant. Measured compensation cost is recognized ratably over the vesting period of the related share-based compensation award. Cash flows resulting from tax deductions in excess of the compensation cost recognized for those options (excess tax benefits) are classified as financing cash flows on the consolidated cash flows statements.

11

Income Taxes

     Sysco recognizes deferred tax assets and liabilities based on the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured pursuant to tax laws using rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The impact on deferred tax assets and liabilities of a change in tax rate is recognized in income in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amount more likely than not to be realized.

     Sysco recognizes a tax benefit from an uncertain tax position when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the position. The amount recognized is measured as the largest amount of tax benefit that has greater than a 50% likelihood of being realized upon settlement. To the extent interest and penalties may be assessed by taxing authorities on any underpayment of income tax, estimated amounts required by the accounting guidance related to uncertain tax positions have been accrued and are classified as a component of income taxes in the consolidated results of operations.

     The determination of the company’s provision for income taxes requires significant judgment, the use of estimates and the interpretation and application of complex tax laws. The company’s provision for income taxes primarily reflects a combination of income earned and taxed in the various U.S. federal and state, as well as various foreign jurisdictions. Jurisdictional tax law changes, increases or decreases in permanent differences between book and tax items, accruals or adjustments of accruals for tax contingencies or valuation allowances, and the company’s change in the mix of earnings from these taxing jurisdictions all affect the overall effective tax rate.

Acquisitions

     Acquisitions of businesses are accounted for using the purchase method of accounting, and the financial statements include the results of the acquired operations from the respective dates of acquisition.

     The purchase price of the acquired entities is allocated to the net assets acquired and liabilities assumed based on the estimated fair value at the dates of acquisition, with any excess of cost over the fair value of net assets acquired, including intangibles, recognized as goodwill. The balances included in the consolidated balance sheets related to recent acquisitions are based upon preliminary information and are subject to change when final asset and liability valuations are obtained. Subsequent changes to the preliminary balances are reflected retrospectively, if material. Material changes to the preliminary allocations are not anticipated by management.

2. CHANGES IN ACCOUNTING

Fair Value Measurements

     In September 2006, the Financial Accounting Standards Board (FASB) issued FASB Statement No. 157, “Fair Value Measurements”, which was subsequently codified within Accounting Standards Codification (ASC) 820, “Fair Value Measurements.” This standard established a common definition for fair value under generally accepted accounting principles, established a framework for measuring fair value and expanded disclosure requirements about such fair value measurements. As of June 29, 2008, Sysco adopted the provisions of this fair value measurement guidance for financial assets and liabilities carried at fair value and non-financial assets and liabilities that are recognized or disclosed at fair value on a recurring basis. The adoption of the fair value measurement provisions for financial assets and liabilities carried at fair value and non-financial assets and liabilities that are recognized or disclosed at fair value on a recurring basis did not have a material impact on the company’s financial statements. As of June 28, 2009, Sysco adopted the provisions of this fair value measurements guidance for non-recurring, non-financial assets and liabilities that are recognized or disclosed at fair value. Sysco’s only non-recurring, non-financial asset fair value measurements are those used in its annual test of recoverability of goodwill and indefinite-lived intangibles, in which it determines whether estimated fair values of the applicable reporting units exceed their carrying values. The fair value measurements guidance was applied beginning in fiscal 2010 to this fair value estimation.

Disclosure About Derivative Instruments and Hedging Activities

     In March 2008, the FASB issued FASB Statement No. 161, “Disclosure about Derivative Instruments and Hedging Activities, an amendment of FASB Statement No. 133,” which was subsequently codified within ASC 815, “Derivatives and Hedging”. Effective for Sysco in the third quarter of fiscal 2009, this standard requires enhanced disclosures about an entity’s derivative and hedging activities and thereby improves the transparency of financial reporting. Sysco has provided the required disclosures for this standard in Note 8, “Derivative Financial Instruments.”

12

Business Combinations

     In December 2007, the FASB issued SFAS No. 141(R), “Business Combinations”, which was subsequently codified as ASC 805, “Business Combinations.” This standard establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed and any noncontrolling interest in a business combination. This standard also establishes recognition and measurement principles for the goodwill acquired in a business combination and disclosure requirements to enable financial statement users to evaluate the nature and financial effects of the business combination. In April 2009, the FASB issued FASB Staff Position No. FAS 141(R)-1, “Accounting for Assets and Liabilities Assumed in a Business Combination That Arise From Contingencies”. This standard amended the previously issued business combinations guidance to address application issues raised by preparers, auditors, and members of the legal profession on initial recognition and measurement, subsequent measurement and accounting, and disclosure of assets and liabilities arising from contingencies in a business combination. Sysco adopted the provisions of these standards on a prospective basis for business combinations beginning in fiscal 2010.

Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities

     In June 2008, the FASB issued FASB Staff Position No. EITF 03-06-1, “Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities”, which was subsequently codified within ASC 260, “Earnings Per Share.” This standard addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the earnings allocation in computing earnings per share under the two-class method. This standard was effective for Sysco beginning in fiscal 2010 and interim periods within that year. All prior-period earnings per share data presented in filings subsequent to adoption must be adjusted retrospectively to conform to the provisions of this standard. Early application of this standard was not permitted. The adoption of this standard did not have a material impact on the company’s consolidated financial statements.

Measuring Liabilities at Fair Value

     In August 2009, the FASB issued Accounting Standards Update 2009-05, “Measuring Liabilities at Fair Value”. This update provides additional guidance, including illustrative examples, clarifying the measurement of liabilities at fair value. This update is effective for the first reporting period beginning after its issuance. The company adopted the provisions of this update in the second quarter of fiscal 2010. The adoption of this update did not have a material impact on the company’s consolidated financial statements.

Improving Disclosures about Fair Value Measurements

     In January 2010, the FASB issued Accounting Standards Update 2010-06, “Improving Disclosures about Fair Value Measurements.” This update requires some new disclosures and clarifies some existing disclosure requirements about fair value measurements codified within ASC 820, “Fair Value Measurements and Disclosures.” The majority of the provisions of this update, including those applicable to Sysco, were effective for interim and annual reporting periods beginning after December 15, 2009. Early application of the provisions of this update was permitted. The company adopted the applicable provisions of this update in the third quarter of fiscal 2010. The adoption of this update did not have a material impact on the company’s consolidated financial statement disclosures.

Subsequent Events

     In February 2010, the FASB issued Accounting Standard Update 2010-09, “Amendments to Certain Recognition and Disclosure Requirements.” This update amends ASC 855, “Subsequent Events” to remove the requirement for SEC filers to disclose the date through which subsequent events have been evaluated. In addition, the update clarifies the reissuance disclosure provision related to subsequent events. The update is effective immediately for financial statements that are issued or revised. The company adopted the provisions of this update in the third quarter of fiscal 2010. Because this update affects the disclosure and not the accounting treatment for subsequent events, the adoption of this provision did not have a material impact on the company’s consolidated financial statements.

Employers’ Disclosures about Postretirement Benefit Plan Assets

     In December 2008, the FASB issued FASB Staff Position No. FAS 132(R)-1, “Employers’ Disclosures about Postretirement Benefit Plan Assets”, which was subsequently codified within ASC 715, “Compensation — Retirement Benefits”. This standard requires additional disclosures about assets held in an employer’s defined benefit pension or other postretirement plan and became effective for Sysco in fiscal 2010. Sysco has provided the required disclosures for this standard in Note 12, “Employee Benefit Plans.”

13

3. NEW ACCOUNTING STANDARDS

Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs

     In May 2011, the FASB issued Accounting Standard Update 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.” This update amends ASC 820, “Fair Value Measurement” to improve the comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with U.S. GAAP and IFRSs. In addition, the update explains how to measure fair value, but does not require additional fair value measurements and is not intended to establish valuation standards or affect valuation practices outside of financial reporting. This update is effective for interim reporting periods ending after December 15, 2011, which is the third quarter of fiscal 2012 for Sysco. The amendments in this update are to be applied prospectively and early application of this standard is not permitted. Sysco is currently evaluating the impact the adoption of ASU 2011-04 will have on its consolidated financial statements.

Presentation of Comprehensive Income

     In June 2011, the FASB issued Accounting Standard Update 2011-05, “Presentation of Comprehensive Income.” This update amends ASC 220, “Comprehensive Income” to eliminate the option to present components of other comprehensive income as part of the statement of changes in stockholders’ equity. The amendments require that all nonowner changes in stockholders’ equity be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income. The amendments in this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, which will be fiscal 2013 for Sysco. The amendments in this update should be applied retrospectively and early application is permitted. Sysco is currently evaluating which presentation option it will utilize for comprehensive income in its consolidated financial statements.

4. FAIR VALUE MEASUREMENTS

     Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. an exit price). The accounting guidance includes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The three levels of the fair value hierarchy are as follows:

• Level 1 — Unadjusted quoted prices for identical assets or liabilities in active markets;

• Level 2 — Inputs other than quoted prices in active markets for identical assets and liabilities that are observable either directly or indirectly for substantially the full term of the asset or liability; and

• Level 3 — Unobservable inputs for the asset or liability, which include management’s own assumption about the assumptions market participants would use in pricing the asset or liability, including assumptions about risk.

     Sysco’s policy is to invest in only high-quality investments. Cash equivalents primarily include time deposits, certificates of deposit, commercial paper, high-quality money market funds and all highly liquid instruments with original maturities of three months or less. Short-term investments consist of commercial paper with original maturities of greater than three months but less than one year. These investments are considered available-for-sale and are recorded at fair value. As of July 3, 2010, the difference between the fair value of the short-term investments and the original cost was not material. There were no short-term investments as of July 2, 2011. Restricted cash consists of investments in high-quality money market funds.

     The following is a description of the valuation methodologies used for assets and liabilities measured at fair value.

• Time deposits, certificates of deposit and commercial paper included in cash equivalents are valued at amortized cost, which approximates fair value. These are included within cash equivalents as a Level 2 measurement in the tables below.

• Commercial paper included in short-term investments is valued using broker quotes that utilize observable market inputs. These are included as a Level 2 measurement in the tables below.

• Money market funds are valued at the closing price reported by the fund sponsor from an actively traded exchange. These are included within cash equivalents and restricted cash as Level 1 measurements in the tables below.

• The interest rate swap agreements, discussed further in Note 8, “Derivative Financial Instruments,” are valued using a swap valuation model that utilizes an income approach using observable market inputs including interest rates, LIBOR swap rates and credit default swap rates. These are included as a Level 2 measurement in the tables below.

14

     The following tables present the company’s assets measured at fair value on a recurring basis as of July 2, 2011 and July 3, 2010:

	Assets Measured at Fair Value as of July 2, 2011
	Level 1		Level 2		Level 3		Total
			(In thousands)
Assets:
Cash and cash equivalents
Cash equivalents	$	141,350	$	163,465	$	—	$	304,815
Restricted cash		110,516		—		—		110,516
Other assets
Interest rate swap agreements		—		13,482		—		13,482
Total assets at fair value	$	251,866	$	176,947	$	—	$	428,813

	Assets Measured at Fair Value as of July 3, 2010
	Level 1		Level 2		Level 3		Total
			(In thousands)
Assets:
Cash and cash equivalents
Cash equivalents	$	225,400	$	199,047	$	—	$	424,447
Short-term investments		—		23,511		—		23,511
Restricted cash		124,488		—		—		124,488
Other assets
Interest rate swap agreements		—		11,045		—		11,045
Total assets at fair value	$	349,888	$	233,603	$	—	$	583,491

     The carrying values of accounts receivable and accounts payable approximated their respective fair values due to the short-term maturities of these instruments. The fair value of Sysco’s total debt is estimated based on the quoted market prices for the same or similar issue or on the current rates offered to the company for debt of the same remaining maturities. The fair value of total debt approximated $2,919.4 million and $2,774.9 million as of July 2, 2011 and July 3, 2010, respectively. The carrying value of total debt was $2,668.5 million and $2,480.6 million as of July 2, 2011 and July 3, 2010, respectively.

5. ALLOWANCE FOR DOUBTFUL ACCOUNTS

     A summary of the activity in the allowance for doubtful accounts appears below:

	2011			2010			2009
				(In thousands)
Balance at beginning of period	$	36,573		$	36,078		$	31,730
Charged to costs and expenses		42,623			34,931			74,638
Allowance accounts resulting from acquisitions and other adjustments		1,063			(139	)		1,587
Customer accounts written off, net of recoveries		(37,823	)		(34,297	)		(71,877	)
Balance at end of period	$	42,436		$	36,573		$	36,078

6. PLANT AND EQUIPMENT

     A summary of plant and equipment, including the related accumulated depreciation, appears below:

	July 2, 2011			July 3, 2010			Estimated Useful Lives
	(In thousands)
Plant and equipment, at cost:
Land	$	348,168		$	322,626
Buildings and improvements		3,227,340			2,982,524		10-30 years
Fleet and equipment		2,275,007			2,153,531		3-10 years
Computer hardware and software		897,712			701,305		3-7 years
		6,748,227			6,159,986
Accumulated depreciation		(3,235,838	)		(2,956,163	)
Net plant and equipment	$	3,512,389		$	3,203,823

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     The capitalized direct costs for the internal use software portion of the company’s Business Transformation Project are included within “computer hardware and software” in the table above in the amount of $356.2 million and $181.5 million as of July 2, 2011 and July 3, 2010, respectively.

     Depreciation expense, including capital leases, for the past three years was $374.0 million in 2011, $361.7 million in 2010 and $361.1 million in 2009.

7. GOODWILL AND OTHER INTANGIBLES

     The changes in the carrying amount of goodwill and the amount allocated by reportable segment for the years presented are as follows:

	Broadline		SYGMA		Other			Total
			(In thousands)
Carrying amount as of June 27, 2009	$	1,087,467	$	32,609	$	390,719		$	1,510,795
Goodwill acquired during year		18,350		—		6,829			25,179
Currency translation/Other		15,651		—		(1,810	)		13,841
Carrying amount as of July 3, 2010		1,121,468		32,609		395,738			1,549,815
Goodwill acquired during year		44,047		—		—			44,047
Currency translation/Other		39,442		—		(15	)		39,427
Carrying amount as of July 2, 2011	$	1,204,957	$	32,609	$	395,723		$	1,633,289

     Amortized intangible assets acquired during fiscal 2011 were $19.2 million with a weighted-average amortization period of eight years. By intangible asset category, the amortized intangible assets acquired during fiscal 2011 were customer relationships of $15.6 million with a weighted-average amortization period of eight years, non-compete agreements of $3.1 million with a weighted-average amortization period of five years and amortized trademarks of $0.5 million with a weighted-average amortization period of five years. The following table presents details of the company’s amortized intangible assets:

	July 2, 2011							July 3, 2010
	Gross Carrying		Accumulated					Gross Carrying		Accumulated
	Amount		Amortization			Net		Amount		Amortization			Net
						(In thousands)
Amortized intangible assets:
Customer relationships	$	190,112	$	(97,846	)	$	92,266	$	169,913	$	(77,394	)	$	92,519
Non-compete agreements		4,574		(1,269	)		3,305		2,320		(1,306	)		1,014
Trademarks		1,623		(282	)		1,341		1,038		(136	)		902
Total amortized intangible assets	$	196,309	$	(99,397	)	$	96,912	$	173,271	$	(78,836	)	$	94,435

     Intangible assets that have been fully amortized have been removed in the schedule above in the period full amortization is reached. Indefinite-lived intangible assets consisted of trademarks of $13.0 million and $12.0 million as of July 2, 2011 and July 3, 2010, respectively.

     Amortization expense for the past three years was $21.9 million in 2011, $20.9 million in 2010 and $15.7 million in 2009. The estimated future amortization expense for the next five fiscal years on intangible assets outstanding as of July 2, 2011 is shown below:

	Amount
	(In thousands)
2012	$	22,513
2013		20,518
2014		19,126
2015		14,501
2016		7,668

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8. DERIVATIVE FINANCIAL INSTRUMENTS

     Sysco manages its debt portfolio to achieve an overall desired position of fixed and floating rates and may employ interest rate swaps from time to time to achieve this position. The company does not use derivative financial instruments for trading or speculative purposes.

     In September 2009, the company entered into an interest rate swap agreement that effectively converted $200.0 million of fixed rate debt maturing in fiscal 2014 to floating rate debt. In October 2009, the company entered into an interest rate swap agreement that effectively converted $250.0 million of fixed rate debt maturing in fiscal 2013 to floating rate debt. Both transactions were entered into with the goal of reducing overall borrowing cost and increasing floating interest rate exposure. These transactions were designated as fair value hedges since the swaps hedge against the changes in fair value of fixed rate debt resulting from changes in interest rates.

     The location and the fair value of derivative instruments in the consolidated balance sheet as of each fiscal year-end are as follows:

	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location		Fair Value
	(In thousands)
Fair Value Hedge Relationships:
Interest rate swap agreements
July 2, 2011	Other assets	$	13,482		N/A		N/A
July 3, 2010	Other assets	$	11,045		N/A		N/A

     The location and effect of derivative instruments and related hedged items on the consolidated results of operations for each fiscal year presented on a pre-tax basis are as follows:

		Amount of (Gain) or Loss
		Recognized in Income
	Location of (Gain)
	or Loss Recognized				2010
	in Income	2011			(53 Weeks)			2009
		(In thousands)
Fair Value Hedge Relationships:
Interest rate swap agreements	Interest expense	$	(9,026	)	$	(10,557	)		N/A

     Hedge ineffectiveness represents the difference between the changes in the fair value of the derivative instruments and the changes in fair value of the fixed rate debt attributable to changes in the benchmark interest rate. Hedge ineffectiveness is recorded directly in earnings within interest expense and was immaterial for fiscal 2011 and fiscal 2010. The interest rate swaps do not contain a credit-risk-related contingent feature.

9. 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:

	2011			2010			2009
				(In thousands)
Balance at beginning of period	$	128,997		$	132,551		$	117,725
Charged to costs and expenses		325,540			321,373			328,830
Payments		(324,866	)		(324,927	)		(314,004	)
Balance at end of period	$	129,671		$	128,997		$	132,551

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10. DEBT AND OTHER FINANCING ARRANGEMENTS

     Sysco’s debt consists of the following:

	July 2, 2011			July 3, 2010
	(In thousands)
Short-term bank borrowings, interest at 2.0% as of July 2, 2011	$	181,975		$	—
Senior notes, interest at 6.1%, maturing in fiscal 2012		200,092			200,186
Senior notes, interest at 4.2%, maturing in fiscal 2013		253,316			252,801
Senior notes, interest at 4.6%, maturing in fiscal 2014		208,779			208,249
Senior notes, interest at 5.25%, maturing in fiscal 2018		497,724			497,379
Senior notes, interest at 5.375%, maturing in fiscal 2019		248,693			248,524
Debentures, interest at 7.16%, maturing in fiscal 2027		50,000			50,000
Debentures, interest at 6.5%, maturing in fiscal 2029		224,593			224,570
Senior notes, interest at 5.375%, maturing in fiscal 2036		499,639			499,625
Senior notes, interest at 6.625%, maturing in fiscal 2039		245,524			245,364
Industrial Revenue Bonds and other debt, interest averaging 5.9% as of July 2, 2011 and 5.7% as of July 3, 2010, maturing at various dates to fiscal 2026		58,188			53,934
Total debt		2,668,523			2,480,632
Less current maturities of long-term debt		(207,031	)		(7,970	)
Less short-term bank borrowings		(181,975	)		—
Net long-term debt	$	2,279,517		$	2,472,662

     The principal payments required to be made during the next five fiscal years on debt outstanding as of July 2, 2011 are shown below:

	Amount
	(In thousands)
2012	$	207,031
2013		258,171
2014		211,908
2015		3,481
2016		1,896

Short-term Borrowings

     As of July 2, 2011, Sysco had uncommitted bank lines of credit, which provided for unsecured borrowings for working capital of up to $95.0 million. As of July 3, 2010, Sysco had uncommitted bank lines of credit, which provided for unsecured borrowings for working capital of up to $88.0 million. There were no borrowings outstanding under these lines of credit as of July 2, 2011 or July 3, 2010, respectively.

     As of July 2, 2011 and July 3, 2010, the company’s Irish subsidiary, Pallas Foods Limited, had a €10.0 million (Euro) committed facility for unsecured borrowings for working capital. There were no borrowings outstanding under this facility as of July 2, 2011 or July 3, 2010.

     On June 30, 2011, a Canadian subsidiary of Sysco entered into a short-term demand loan facility for the purpose of facilitating a distribution from the Canadian subsidiary to Sysco, and Sysco concurrently entered into an agreement with the bank to guarantee the loan. As of July 2, 2011, the amount outstanding under the facility was $182.0 million. The interest rate under the facility was 2.0% and payable on the due date. The loan was repaid in full on July 4, 2011.

Commercial Paper and Revolving Credit Facility

     Sysco has a Board-approved commercial paper program allowing the company to issue short-term unsecured notes in an aggregate amount not to exceed $1,300.0 million.

     Sysco and one of its subsidiaries, Sysco International, ULC., have a revolving credit facility supporting the company’s U.S. and Canadian commercial paper programs. The facility in the amount of $1,000.0 million expires on November 4, 2012, but is subject to extension.

18

     During fiscal 2011, 2010 and 2009, aggregate outstanding commercial paper issuances and short-term bank borrowings ranged from approximately zero to $330.3 million, zero to $1.8 million, and zero to $165.0 million, respectively. There were no commercial paper issuances outstanding as of July 2, 2011 and July 3, 2010, respectively.

Fixed Rate Debt

     In February 2009, Sysco deregistered the securities remaining unsold under its then existing shelf registration statement that was filed with the SEC in February 2008 for the issuance of debt securities. In February 2009, Sysco filed with the SEC an automatically effective well-known seasoned issuer shelf registration statement for the issuance of an indeterminate amount of debt securities that may be issued from time to time.

     In March 2009, Sysco issued 5.375% senior notes totaling $250.0 million due March 17, 2019 (the 2019 notes) and 6.625% senior notes totaling $250.0 million due March 17, 2039 (the 2039 notes) under its February 2009 shelf registration. The 2019 and 2039 notes, which were priced at 99.321% and 98.061% of par, respectively, are unsecured, are not subject to any sinking fund requirement and include a redemption provision which allows Sysco to retire the notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the note holders are not penalized by early redemption. Proceeds from the notes will be utilized over a period of time for general corporate purposes, which may include acquisitions, refinancing of debt, working capital, share repurchases and capital expenditures.

     The 4.20% senior notes due February 12, 2013, 4.60% senior notes due March 15, 2014, the 5.25% senior notes due February 12, 2018, the 5.375% senior notes due September 21, 2035 and the 6.5% debentures due August 1, 2028 are unsecured, are not subject to any sinking fund requirement and include a redemption provision that allows Sysco to retire the debentures and notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the debenture and note holders are not penalized by the early redemption.

     The 7.16% debentures due April 15, 2027 are unsecured, are not subject to any sinking fund requirement and are no longer redeemable prior to maturity.

     The 6.10% senior notes due June 1, 2012, issued by Sysco International, Co., a wholly-owned subsidiary of Sysco now known as Sysco International, ULC, are fully and unconditionally guaranteed by Sysco Corporation, are not subject to any sinking fund requirement, and include a redemption provision which allows Sysco International, ULC. to retire the notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the note holders are not penalized by the early redemption.

     Sysco’s Industrial Revenue Bonds have varying structures. Final maturities range from four to 15 years and certain of the bonds provide Sysco the right to redeem the bonds at various dates. These redemption provisions generally provide the bondholder a premium in the early redemption years, declining to par value as the bonds approach maturity.

Total Debt

     Total debt as of July 2, 2011 was $2,668.5 million of which approximately 75% was at fixed rates with a weighted average of 5.9% and an average life of 15 years, and the remainder was at floating rates with a weighted average of 2.1% and an average life of one year. Certain loan agreements contain typical debt covenants to protect note holders, including provisions to maintain the company’s long-term debt to total capital ratio below a specified level. Sysco is currently in compliance with all debt covenants.

Other

     As of July 2, 2011 and July 3, 2010 letters of credit outstanding were $23.0 million and $28.4 million, respectively.

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11. LEASES

     Sysco has obligations under capital and operating leases for certain distribution facilities, vehicles and computers. Total rental expense under operating leases was $79.3 million, $80.7 million, and $83.7 million in fiscal 2011, 2010 and 2009, respectively. Contingent rentals, subleases and assets and obligations under capital leases are not significant.

     Aggregate minimum lease payments by fiscal year under existing non-capitalized long-term leases are as follows:

	Amount
	(In thousands)
2012	$	50,962
2013		39,239
2014		30,531
2015		24,814
2016		18,665
Thereafter		57,426

12. EMPLOYEE BENEFIT PLANS

     Sysco has defined benefit and defined contribution retirement plans for its employees. Also, the company contributes to various multi-employer plans under collective bargaining agreements and provides certain health care benefits to eligible retirees and their dependents.

     Sysco maintains a qualified pension plan (Retirement Plan) that pays benefits to employees at retirement, using formulas based on a participant’s years of service and compensation.

     The company’s defined contribution 401(k) plan provides that under certain circumstances the company may make matching contributions of up to 50% of the first 6% of a participant’s compensation. Sysco’s expense related to this plan was $19.8 million in fiscal 2011, $22.8 million in fiscal 2010, and $30.2 million in fiscal 2009.

     Sysco’s contributions to multi-employer pension plans, which include payments for voluntary withdrawals, were $32.8 million, $51.5 million, and $48.0 million in fiscal 2011, 2010 and 2009, respectively. Payments for voluntary withdrawals included in contributions were approximately zero, $17.4 million and $15.0 million in fiscal 2011, 2010 and 2009, respectively. See further discussion of Sysco’s participation in multi-employer pension plans in Note 18, “Commitments and Contingencies.”

     In addition to receiving benefits upon retirement under the company’s Retirement Plan, participants in the Management Incentive Plan (see “Management Incentive Compensation” in Note 15, “Share-Based Compensation”) will receive benefits under a Supplemental Executive Retirement Plan (SERP). This plan is a nonqualified, unfunded supplementary retirement plan.

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Funded Status

     Accumulated pension assets measured against the obligation for pension benefits represents the funded status of a given plan. The funded status of Sysco’s company-sponsored defined benefit plans is presented in the table below. The caption “Pension Benefits” in the tables below includes both the Retirement Plan and the SERP.

	Pension Benefits						Other Postretirement Plans
	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	2,212,304		$	1,551,944		$	8,461		$	7,197
Service cost		99,443			66,650			396			328
Interest cost		134,973			119,593			524			562
Amendments		8,252			—			987			—
Recognized net actuarial loss		121,913			523,432			157			734
Total disbursements		(60,225	)		(49,315	)		287			(360	)
Benefit obligation at end of year		2,516,660			2,212,304			10,812			8,461
Change in plan assets:
Fair value of plan assets at beginning of year		1,666,972			1,244,085			—			—
Actual return on plan assets		337,889			174,269			—			—
Employer contribution		161,677			297,933			(287	)		360
Total disbursements		(60,225	)		(49,315	)		287			(360	)
Fair value of plan assets at end of year		2,106,313			1,666,972			—			—
Funded status at end of year	$	(410,347	)	$	(545,332	)	$	(10,812	)	$	(8,461	)

     In order to meet a portion of its obligations under the SERP, Sysco maintains life insurance policies on the lives of the participants with carrying values of $170.0 million as of July 2, 2011 and $149.5 million as of July 3, 2010. These policies are not included as plan assets or in the funded status amounts in the tables above and below. Sysco is the sole owner and beneficiary of such policies. The projected benefit obligation for the SERP of $402.0 million and $363.5 million as of July 2, 2011 and July 3, 2010, respectively, was included in Other long-term liabilities on the balance sheet.

     The amounts recognized on Sysco’s consolidated balance sheets related to its company-sponsored defined benefit plans are as follows:

	Pension Benefits						Other Postretirement Plans
	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
	(In thousands)
Current accrued benefit liability (Accrued expenses)	$	(22,426	)	$	(21,574	)	$	(336	)	$	(333	)
Non-current accrued benefit liability (Other long-term liabilities)		(387,921	)		(523,758	)		(10,476	)		(8,128	)
Net amount recognized	$	(410,347	)	$	(545,332	)	$	(10,812	)	$	(8,461	)

     Accumulated other comprehensive loss (income) as of July 2, 2011 consists of the following amounts that had not, as of that date, been recognized in net benefit cost:

			Other
	Pension Benefits		Postretirement Plans			Total
	(In thousands)
Prior service cost	$	32,187	$	1,450		$	33,637
Net actuarial losses (gains)		784,382		(4,798	)		779,584
Transition obligation		—		294			294
Total	$	816,569	$	(3,054	)	$	813,515

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     Accumulated other comprehensive loss (income) as of July 3, 2010 consists of the following amounts that had not, as of that date, been recognized in net benefit cost:

			Other
	Pension Benefits		Postretirement Plans			Total
	(In thousands)
Prior service cost	$	27,895	$	648		$	28,543
Net actuarial losses (gains)		948,389		(5,343	)		943,046
Transition obligation		—		447			447
Total	$	976,284	$	(4,248	)	$	972,036

     The accumulated benefit obligation, which does not consider any salary increases, for the company-sponsored defined benefit pension plans was $2,325.2 million and $2,051.1 million as of July 2, 2011 and July 3, 2010, respectively.

     Information for plans with accumulated benefit obligation/aggregate benefit obligation in excess of fair value of plan assets is as follows:

	Pension Benefits				Other Postretirement Plans
	July 2, 2011(1)		July 3, 2010(1)		July 2, 2011		July 3, 2010
	(In thousands)
Accumulated benefit obligation/aggregate benefit obligation	$	2,325,171	$	2,051,115	$	10,812	$	8,461
Fair value of plan assets at end of year		2,106,313		1,666,972		—		—

⁽¹⁾ Information under Pension Benefits as of July 2, 2011 and July 3, 2010 includes both the Retirement Plan and the SERP.

Components of Net Benefit Costs and Other Comprehensive Income

     The components of net company-sponsored pension costs for each fiscal year are as follows:

	Pension Benefits
				2010
	2011			(53 Weeks)			2009
	(In thousands)
Service cost	$	99,443		$	66,650		$	80,899
Interest cost		134,973			119,593			113,715
Expected return on plan assets		(131,921	)		(104,860	)		(127,422	)
Amortization of prior service cost		3,960			4,209			3,793
Amortization of net actuarial loss		79,952			40,526			17,729
Net pension costs	$	186,407		$	126,118		$	88,714

     The components of other postretirement benefit costs for each fiscal year are as follows:

	Other Postretirement Plans
				2010
	2011			(53 Weeks)			2009
	(In thousands)
Service cost	$	396		$	328		$	490
Interest cost		524			562			624
Amortization of prior service cost		185			185			130
Amortization of net actuarial gain		(388	)		(490	)		(158	)
Amortization of transition obligation		153			153			153
Net other postretirement benefit costs	$	870		$	738		$	1,239

     Net company-sponsored pension costs increased $60.3 million in fiscal 2011 due primarily to a decrease in discount rates used to calculate our projected benefit obligation and related pension expense, partially offset by reduced amortization of expense from actuarial gains from higher returns on assets of Sysco’s Retirement Plan during fiscal 2010. Net company-sponsored pension costs in fiscal 2012 are expected to decrease by approximately $27.3 million over fiscal 2011 due primarily to higher returns on assets of Sysco’s Retirement Plan during fiscal 2011.

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     Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) related to company-sponsored pension plans for each fiscal year are as follows:

	Pension Benefits
				2010
	2011			(53 Weeks)			2009
				(In thousands)
Amortization of prior service cost	$	3,960		$	4,209		$	3,793
Amortization of net actuarial loss		79,952			40,526			17,729
Pension liability assumption (prior service cost)		—			—			(26,704	)
Prior service cost arising in current year		(8,252	)		—			(48	)
Net actuarial gain (loss) arising in current year		84,055			(454,023	)		(201,417	)
Net pension costs	$	159,715		$	(409,288	)	$	(206,647	)

     Other changes in benefit obligations recognized in other comprehensive (loss) income related to other postretirement plans for each fiscal year are as follows:

	Other Postretirement Plans
				2010
	2011			(53 Weeks)			2009
				(In thousands)
Amortization of prior service cost	$	185		$	185		$	130
Amortization of net actuarial gain		(388	)		(490	)		(158	)
Amortization of transition obligation		153			153			153
Prior service cost arising in current year		(987	)		—			(527	)
Net actuarial (loss) gain arising in current year		(157	)		(733	)		3,813
Net pension costs	$	(1,194	)	$	(885	)	$	3,411

     Amounts included in accumulated other comprehensive loss (income) as of July 2, 2011 that are expected to be recognized as components of net company-sponsored benefit cost during fiscal 2012 are:

			Other
	Pension Benefits		Postretirement Plans			Total
			(In thousands)
Amortization of prior service cost	$	4,805	$	215		$	5,020
Amortization of net actuarial losses (gains)		60,166		(331	)		59,835
Amortization of transition obligation		—		153			153
Total	$	64,971	$	37		$	65,008

Employer Contributions

     The company made cash contributions to its company-sponsored pension plans of $161.7 million and $297.9 million in fiscal years 2011 and 2010, respectively. The contributions in fiscal 2011 of $140.0 million to the Retirement Plan would normally have been made in fiscal 2012; there were no minimum required contributions for the calendar 2010 plan year to meet ERISA minimum funding requirements. The contributions in fiscal 2010 of $280.0 million to the Retirement Plan included the minimum required contribution for the calendar 2009 plan year to meet ERISA minimum funding requirements, as well as $140.0 million of contributions that would normally have been made in fiscal 2011. Additional contributions to the Retirement Plan are not currently anticipated in fiscal 2012, however we will evaluate our funding position at the end of fiscal 2012 and select the timing for a contribution at that time. The company’s contributions to the SERP and other post-retirement plans are made in the amounts needed to fund current year benefit payments. The estimated fiscal 2012 contributions to fund benefit payments for the SERP and other postretirement plans are $23.1 million and $0.3 million, respectively.

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Estimated Future Benefit Payments

     Estimated future benefit payments for vested participants, based on actuarial assumptions, are as follows:

			Other
	Pension Benefits		Postretirement Plans
	(In thousands)
2012	$	65,259	$	346
2013		71,326		455
2014		79,496		638
2015		88,530		802
2016		99,221		957
Subsequent five years		680,580		5,697

Assumptions

     Weighted-average assumptions used to determine benefit obligations as of year-end were:

	July 2, 2011			July 3, 2010
Discount rate — Retirement Plan		5.94	%		6.15	%
Discount rate — SERP		5.93			6.35
Discount rate — Other Postretirement Plans		5.94			6.32
Rate of compensation increase — Retirement Plan		5.30			5.30

     For determining the benefit obligations as of July 2, 2011 and July 3, 2010, the SERP calculations utilized an age-graded salary growth assumption.

     Weighted-average assumptions used to determine net company-sponsored pension costs and other postretirement benefit costs for each fiscal year were:

	2011			2010			2009
Discount rate — Retirement Plan		6.15	%		8.02	%		6.94	%
Discount rate — SERP		6.35			7.14			7.03
Discount rate — Other Postretirement Plans		6.32			8.02			6.94
Expected rate of return — Retirement Plan		8.00			8.00			8.00
Rate of compensation increase — Retirement Plan		5.30			5.21			6.17

     For determining the net pension costs related to the SERP for fiscal 2011, the SERP calculations utilized an age-graded salary growth assumption. The calculation for fiscal 2010 utilized an age-graded salary growth assumption with reductions taken for determining fiscal 2010 pay due to base salary freezes in effect for fiscal 2010. The calculation for fiscal 2009 assumed various levels of base salary increase and decrease for determining pay for fiscal 2009 depending upon the participant’s position with the company and a 7% salary growth assumption for all participants for fiscal 2010 and thereafter.

     A healthcare cost trend rate is not used in the calculations of postretirement benefit obligations because Sysco subsidizes the cost of postretirement medical coverage by a fixed dollar amount, with the retiree responsible for the cost of coverage in excess of the subsidy, including all future cost increases.

     For guidance in determining the discount rate, Sysco calculates the implied rate of return on a hypothetical portfolio of high-quality fixed-income investments for which the timing and amount of cash outflows approximates the estimated payouts of the company-sponsored pension plans. The discount rate assumption is reviewed annually and revised as deemed appropriate. The discount rate to be used for the calculation of fiscal 2012 net company-sponsored benefit costs for the Retirement Plan is 5.94%. The discount rate to be used for the calculation of fiscal 2012 net company-sponsored benefit costs for the SERP is 5.93%. The discount rate to be used for the calculation of fiscal 2012 net company-sponsored benefit costs for the Other Postretirement Plans is 5.94%.

     The expected long-term rate of return on plan assets assumption is net return on assets assumption, representing gross return on assets less plan expenses. The expected return is derived from a mathematical asset model that incorporates assumptions as to the various asset class returns, reflecting a combination of rigorous historical performance analysis and the forward-looking views of the financial markets regarding the yield on bonds, the historical returns of the major stock markets and returns on alternative investments. The rate of return assumption is reviewed annually and revised as deemed appropriate. The expected long-term rate of return to be used in the calculation of fiscal 2012 net company-sponsored benefit costs for the Retirement Plan is 7.75%.

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Plan Assets

Investment Strategy

     The company’s overall strategic investment objectives for the Retirement Plan are to preserve capital for future benefit payments and to balance risk and return commensurate with ongoing changes in the valuation of plan liabilities. In order to accomplish these objectives, the company oversees the Retirement Plan’s investment objectives and policy design, decides proper plan asset class strategies and structures, monitors the performance of plan investment managers and investment funds and determines the proper investment allocation of pension plan contributions and withdrawals. The company has created an investment structure for the Retirement Plan that takes into account the nature of the Retirement Plan’s liabilities. This structure ensures the Retirement Plan’s investment are diversified within each asset class, in addition to being diversified across asset classes with the intent to build asset class portfolios that are structured without strategic bias for or against any subcategories within each asset class. The company has also created a set of investment guidelines for the Retirement Plan’s investment managers to specify prohibited transactions, including borrowing of money except for real estate portfolios or private equity portfolios where leverage is a key component of the investment strategy and permitted in the investments’ governing documents, the purchase of securities on margin unless fully collateralized by cash or cash equivalents or short sales, pledging, mortgaging or hypothecating of any securities except for loans of securities that are fully collateralized, market timing transactions and the direct purchase of the securities of Sysco or the investment manager. The purchase or sale of derivatives for speculation or leverage is also prohibited; however, investment managers are allowed to use derivative securities so long as they do not increase the risk profile or leverage of the manager’s portfolio.

     The company’s target and actual investment allocation as of July 2, 2011 is as follows:

	Target Asset			Actual Asset
	Allocation Range			Allocation
U.S. equity		23 - 31	%		33	%
International equity		23 - 31			28
Core fixed income		11 - 17			15
Long duration fixed income		10 - 18			13
High yield fixed income		6 - 12			9
Alternative investments		5 - 15			2
					100	%

     Sysco’s investment strategy is implemented through a combination of balanced and specialist investment managers, passive investment funds and actively-managed investment funds. U.S. equity consists of both large-cap and small-to-mid-cap securities. Core fixed income investments include intermediate range U.S. government and agency securities, corporate bonds from diversified industries, asset-backed securities, mortgage-backed securities, other debt securities and derivative securities. Long duration fixed income investments include U.S. government and agency securities, corporate bonds from diversified industries, asset-backed securities, mortgage-backed securities, other debt securities and derivative securities. High yield fixed income consists of below investment grade corporate debt securities and may include derivative securities. Alternative investments may include private equity, private real estate, timberland, and commodities investments. Investment funds are selected based on each fund’s stated investment strategy to align with Sysco’s overall target mix of investments. Actual asset allocation is regularly reviewed and periodically rebalanced to the target allocation when considered appropriate. As of July 2, 2011, actual asset allocation varied from the stated target in certain categories, as alternative investment funding, primarily in private equity funds require contributions over a multi-year period. Until such capital is required, the company has chosen to invest these amounts in U.S. equities.

     As discussed above, the Retirement Plan’s investments in equity, fixed income and alternative investments provide a range of returns and also expose the plan to investment risk. However, the investment policies put in place by the company require diversification of plan assets across issuers, industries and countries. As such, the Retirement Plan does not have significant concentrations of risk in plan assets.

Fair Value of Plan Assets

     Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. an exit price). See Note 3, “Fair Value Measurements,” for a description of the fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The following is a description of the valuation methodologies used for assets and liabilities measured at fair value.

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     Cash and cash equivalents: Valued at amortized cost, which approximates fair value. Cash and cash equivalents is included as a Level 2 measurement in the table below.

     Equity securities: Valued at the closing price reported on the exchange market. If a stock is not listed on a public exchange, such as an American Depository Receipt or some preferred stocks, the stock is valued using an evaluated bid price based on a compilation of observable market information. Inputs used include yields, the underlying security “best price”, adjustments for corporate actions and exchange prices of underlying and common stock of the same issuer. Equity securities valued at the closing price reported on the exchange market are classified as a Level 1 measurement in the table below; all other equity securities are included as a Level 2 measurement.

     Fixed income securities: Valued using evaluated bid prices based on a compilation of observable market information or a broker quote in a non-active market. Inputs used vary by type of security, but include spreads, yields, rate benchmarks, rate of prepayment, cash flows, rating changes and collateral performance and type. All fixed income securities are included as a Level 2 measurement in the table below.

     Investment funds: Valued at the net asset value (NAV) provided by the manager of each fund. The NAV is calculated as the underlying net assets owned by the fund, divided by the number of shares outstanding. The NAV is based on the fair value of the underlying securities within the fund. The real estate fund is valued at the NAV of shares held by the Retirement Plan, which is based on the valuations of the underlying real estate investments held by the fund. Each real estate investment is valued on the basis of a discounted cash flow approach. Inputs used include future rental receipts, expenses and residual values from a market participant view of the highest and best use of the real estate as rental property. All investment funds, with the exception of the real estate fund and private equity funds, are included as a Level 2 measurement in the table below. The real estate fund and private equity funds are included as Level 3 measurements.

     Derivatives: Valuation method varies by type of derivative security.

• Credit default and interest rate swaps: Valued using evaluated bid prices based on a compilation of observable market information. Inputs used for credit default swaps include spread curves and trade data about the credit quality of the counterparty. Inputs used for interest rate swaps include benchmark yields, swap curves, cash flow analysis, and interdealer broker rates. Credit default and interest rate swaps are included as a Level 2 measurement in the table below.

• Foreign currency contracts: Valued using a standardized interpolation model that utilizes the quoted prices for standard-length forward foreign currency contracts and adjusts to the remaining term outstanding on the contract being valued. Foreign currency contracts are included as a Level 2 measurement in the table below.

• Futures and option contracts: Valued at the closing price reported on the exchange market for exchange-traded futures and options. Over-the-counter options are valued using pricing models that are based on observable market information. Exchange-traded futures and options are included as a Level 1 measurement in the table below; over-the-counter options are included as a Level 2 measurement.

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     The following table presents the fair value of the Retirement Plan’s assets by major asset category as of July 2, 2011:

	Assets Measured at Fair Value as of July 2, 2011
	Level 1			Level 2			Level 3		Total
	(In thousands)
Cash and cash equivalents 1	$	—		$	112,217		$	—	$	112,217
U.S. equity:
U.S. large-cap 1		139,048			357,712			—		496,760
U.S. small-to-mid-cap		166,890			—			—		166,890
International equity 2		117,655			455,811			—		573,466
Core fixed income:
U.S. government and agency securities		—			62,691			—		62,691
Corporate bonds 1		—			79,974			—		79,974
Asset-backed securities		—			8,704			—		8,704
Mortgage-backed securities, net 3		—			129,941			—		129,941
Other 1		—			17,905			—		17,905
Derivatives, net 4		(34	)		(340	)		—		(374	)
Long duration fixed income:
U.S. government and agency securities		—			79,970			—		79,970
Corporate bonds		—			139,916			—		139,916
Asset-backed securities		—			1,870			—		1,870
Mortgage-backed securities		—			11,810			—		11,810
Other 1		—			39,997			—		39,997
Derivatives, net 5		280			512			—		792
High yield fixed income 2		—			191,583			—		191,583
Alternative investments:
Real estate 2		—			—			30,615		30,615
Private equity 2		—			—			1,480		1,480
Total investments at fair value	$	423,839		$	1,690,273		$	32,095	$	2,146,207
Other 6										(39,894	)
Fair value of plan assets at end of year									$	2,106,313

1	Include direct investments and investment funds.
2	Include investments in investment funds only.
3	Include direct investments, investment funds and forward settling sales.
4	Include credit default swaps, interest rate swaps, and futures. The fair value of asset positions totaled $8.6 million; the fair value of liability positions totaled $9.0 million.
5	Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $1.1 million; the fair value of liability positions totaled $0.3 million.
6	Include primarily plan receivables and payables, net.

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     The following table presents the fair value of the Retirement Plan’s assets by major asset category as of July 3, 2010:

	Assets Measured at Fair Value as of July 3, 2010
	Level 1		Level 2		Level 3		Total
	(In thousands)
Cash and cash equivalents 1	$	—	$	71,327	$	—	$	71,327
U.S. equity:
U.S. large-cap 1		259,621		161,228		—		420,849
U.S. small-to-mid-cap		172,930		—		—		172,930
International equity 2		—		285,184		—		285,184
Fixed income long duration:
U.S. government and agency securities		—		178,097		—		178,097
Corporate bonds 1		—		225,412		—		225,412
Asset-backed securities		—		12,108		—		12,108
Mortgage-backed securities, net 3		—		124,312		—		124,312
Other 1		—		48,452		—		48,452
Derivatives, net 4		600		991		—		1,591
Fixed income high yield 2		—		120,984		—		120,984
Alternative investments:
Real estate 2		—		—		17,065		17,065
Total investments at fair value	$	433,151	$	1,228,095	$	17,065	$	1,678,311
Other 5								(11,339	)
Fair value of plan assets at end of year							$	1,666,972

1	Include direct investments and investment funds.
2	Include investments in investment funds only.
3	Include direct investments, investment funds and forward settling sales.
4	Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $13.5 million; the fair value of liability positions totaled $11.9 million.
5	Include primarily plan receivables and payables, net.

     The following table sets forth a summary of changes in the fair value of the Retirement Plan’s Level 3 assets for each fiscal year:

	Real Estate			Private Equity		Total Level 3
	Fund			Funds		Measurements
	(In thousands)
Balance, June 27, 2009	$	14,839		$	—	$	14,839
Actual return on plan assets:
Relating to assets still held at the reporting date		(1,545	)		—		(1,545	)
Relating to assets sold during the period		(15	)		—		(15	)
Purchases and sales, net		3,786			—		3,786
Transfers in and/or out of Level 3		—			—		—
Balance, July 3, 2010	$	17,065		$	—	$	17,065
Actual return on plan assets:
Relating to assets still held at the reporting date		3,371			72		3,443
Relating to assets sold during the period		—			—		—
Purchases and sales, net		10,179			1,408		11,587
Transfers in and/or out of Level 3		—			—		—
Balance, July 2, 2011	$	30,615		$	1,480	$	32,095

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13. SHAREHOLDERS’ EQUITY

     Basic earnings per share has been computed by dividing net earnings by the weighted average number of shares of common stock outstanding for each respective year. Diluted earnings per share has been computed by dividing net earnings by the weighted average number of shares of common stock outstanding during those respective years adjusted for the dilutive effect of stock options outstanding using the treasury stock method.

     A reconciliation of the numerators and the denominators of the basic and diluted earnings per share computations for the periods presented follows:

			2010
	2011		(53 Weeks)		2009
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	1,152,030	$	1,179,983	$	1,055,948
Denominator:
Weighted-average basic shares outstanding		586,526,142		592,157,221		595,127,577
Dilutive effect of share-based awards		2,165,404		1,432,821		941,627
Weighted-average diluted shares outstanding		588,691,546		593,590,042		596,069,204
Basic earnings per share:	$	1.96	$	1.99	$	1.77
Diluted earnings per share:	$	1.96	$	1.99	$	1.77

     The number of options that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 50,700,000, 58,200,000 and 63,000,000 for fiscal 2011, 2010 and 2009, respectively.

     Dividends declared were $604.5 million, $585.7 million and $557.5 million in fiscal 2011, 2010 and 2009, respectively. Included in dividends declared for each year were dividends declared but not yet paid at year-end of approximately $155.0 million, $148.0 million and $142.0 million in fiscal 2011, 2010 and 2009, respectively.

14. COMPREHENSIVE INCOME

     Comprehensive income is net earnings plus certain other items that are recorded directly to shareholders’ equity, such as foreign currency translation adjustments, amounts related to cash flow hedging arrangements and certain amounts related to pension and other postretirement plans. The amortization of the cash flow hedge noted in the tables below relates to a cash flow hedge of a forecasted debt issuance which was settled in September 2005 and is being amortized over the life of the related debt. Comprehensive income was $1,372.3 million, $977.7 million and $846.7 million in fiscal 2011, 2010 and 2009, respectively.

     A summary of the components of other comprehensive (loss) income and the related tax effects for each of the years presented is as follows:

	2011
	Before Tax Amount			Tax			Net of Tax Amount
	(In thousands)
Foreign currency translation adjustment	$	122,217		$	—		$	122,217
Amortization of cash flow hedge		696			268			428
Amortization of prior service cost		4,145			1,592			2,553
Amortization of net actuarial loss (gain), net		79,564			30,551			49,013
Amortization of transition obligation		153			60			93
Prior service cost arising in current year		(9,239	)		(3,547	)		(5,692	)
Net actuarial (loss) gain, net arising in current year		83,898			32,217			51,681
Other comprehensive income	$	281,434		$	61,141		$	220,293

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	2010
	(53 Weeks)
	Before Tax Amount			Tax			Net of Tax Amount
	(In thousands)
Foreign currency translation adjustment	$	49,973		$	—		$	49,973
Amortization of cash flow hedge		695			267			428
Amortization of prior service cost		4,394			1,687			2,707
Amortization of net actuarial loss (gain), net		40,037			15,373			24,664
Amortization of transition obligation		153			60			93
Net actuarial (loss) gain, net arising in current year		(454,756	)		(174,626	)		(280,130	)
Other comprehensive loss	$	(359,504	)	$	(157,239	)	$	(202,265	)

	2009
	Before Tax Amount			Tax			Net of Tax Amount
	(In thousands)
Foreign currency translation adjustment	$	(84,452	)	$	—		$	(84,452	)
Amortization of cash flow hedge		694			266			428
Amortization of prior service cost		3,923			1,505			2,418
Amortization of net actuarial loss (gain), net		17,571			6,747			10,824
Amortization of transition obligation		153			60			93
Pension liability assumption		(26,704	)		(10,254	)		(16,450	)
Prior service cost arising in current year		(575	)		(221	)		(354	)
Net actuarial (loss) gain, net arising in current year		(197,604	)		(75,879	)		(121,725	)
Other comprehensive loss	$	(286,994	)	$	(77,776	)	$	(209,218	)

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     The following table provides a summary of the changes in accumulated other comprehensive (loss) income for the years presented:

	Pension and
	Other
	Postretirement						Interest Rate
	Benefit Plans,			Foreign Currency			Swap,
	net of tax			Translation			net of tax			Total
				(In thousands)
Balance as of June 28, 2008	$	(220,913	)	$	164,014		$	(11,869	)	$	(68,768	)
Foreign currency translation adjustment		—			(84,452	)		—			(84,452	)
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,418			—			—			2,418
Amortization of net actuarial loss (gain), net		10,824			—			—			10,824
Amortization of transition obligation		93			—			—			93
Pension liability assumption		(16,450	)		—			—			(16,450	)
Prior service cost arising in current year		(354	)		—			—			(354	)
Net actuarial (loss) gain, net arising in current year		(121,725	)		—			—			(121,725	)
Balance as of June 27, 2009		(346,107	)		79,562			(11,441	)		(277,986	)
Foreign currency translation adjustment		—			49,973			—			49,973
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,707			—			—			2,707
Amortization of net actuarial loss (gain), net		24,664			—			—			24,664
Amortization of transition obligation		93			—			—			93
Net actuarial (loss) gain, net arising in current year		(280,130	)		—			—			(280,130	)
Balance as of July 3, 2010		(598,773	)		129,535			(11,013	)		(480,251	)
Foreign currency translation adjustment		—			122,217			—			122,217
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,553			—			—			2,553
Amortization of net actuarial loss (gain), net		49,013			—			—			49,013
Amortization of transition obligation		93			—			—			93
Prior service cost arising in current year		(5,692	)		—			—			(5,692	)
Net actuarial (loss) gain, net arising in current year		51,681			—			—			51,681
Balance as of July 2, 2011	$	(501,125	)	$	251,752		$	(10,585	)	$	(259,958	)

15. SHARE-BASED COMPENSATION

     Sysco provides compensation benefits to employees and non-employee directors under several share-based payment arrangements including various employee stock option plans, the Employees’ Stock Purchase Plan, the Management Incentive Plan and various non-employee director plans.

Stock Incentive Plans

     In November 2009, Sysco’s 2007 Stock Incentive Plan was amended and provides for the issuance of up to 55,000,000 shares of Sysco common stock for share-based awards to officers and other employees of the company. Of the 55,000,000 authorized shares, the full 55,000,000 shares may be issued as options or stock appreciation rights and up to 10,000,000 shares may be issued as restricted stock, restricted stock units or other types of stock-based awards. To date, Sysco has issued options, restricted stock and restricted stock units under this plan. Vesting requirements for awards under this plan will vary by individual grant and may include either time-based vesting or time-based vesting subject to acceleration based on performance criteria for fiscal periods of at least one year. The contractual life of all options granted under this plan will be no greater than seven years. As of July 2, 2011, there were 24,814,016 remaining shares authorized and available for grant in total under the amended 2007 Stock Incentive Plan, of which the full 24,814,016 shares may be issued as options or stock appreciation rights, or as a combination of up to 8,667,189 shares that may be issued as restricted stock, restricted stock units or other types of stock-based awards with the remainder available for issuance as options or stock appreciation rights.

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     Sysco has also granted employee options under several previous employee stock option plans for which previously granted options remain outstanding as of July 2, 2011. No new options will be issued under any of the prior plans, as future grants to employees will be made through the amended 2007 Stock Incentive Plan or subsequently adopted plans. Vesting requirements for awards under these plans vary by individual grant and include either time-based vesting or time-based vesting subject to acceleration based on performance criteria. The contractual life of all options granted under these plans through July 3, 2004 is 10 years; options granted after July 3, 2004 have a contractual life of seven years.

     In November 2009, Sysco’s 2009 Non-Employee Directors Stock Plan was adopted and provides for the issuance of up to 750,000 shares of Sysco common stock for share-based awards to non-employee directors. The authorized shares may be granted as restricted stock, restricted stock units, elected shares or additional shares. In addition, options and unvested common shares also remained outstanding as of July 2, 2011 under previous non-employee director stock plans. No further grants will be made under these previous plans, as all future grants to non-employee directors will be made through the 2009 Non-Employee Directors Stock Plan or subsequently adopted plans. Vesting requirements for awards under these plans vary by individual grant and include either time-based vesting or vesting based on performance criteria. The contractual life of all options granted under these plans through July 3, 2004 is 10 years; options granted after July 3, 2004 have a contractual life of seven years. As of July 2, 2011, there were 652,097 remaining shares authorized and available for grant in total under the 2009 Non-Employee Directors Stock Plan.

Stock Options

     Certain of Sysco’s option awards are subject to graded vesting over a service period. In those cases, Sysco recognizes compensation cost on a straight-line basis over the requisite service period for the entire award. In other cases, certain of Sysco’s option awards provide for graded vesting over a service period but include a performance-based provision allowing for accelerated vesting. In these cases, if it is probable that the performance condition will be met, Sysco recognizes compensation cost on a straight-line basis over the shorter performance period; otherwise, it will recognize compensation cost over the longer service period.

     In addition, certain of Sysco’s options provide that the options continue to vest as if the optionee continued to be an employee or director if the optionee meets certain age and years of service thresholds upon retirement. In these cases, for awards granted through July 2, 2005, Sysco will recognize the compensation cost for such awards over the service period and accelerate any remaining unrecognized compensation cost when the employee retires. Due to the adoption of the fair value recognition provisions of the stock compensation accounting guidance, for awards granted subsequent to July 2, 2005, Sysco will recognize compensation cost for such awards over the period from the grant date to the date the employee or director first becomes eligible to retire with the options continuing to vest after retirement. If Sysco had recognized compensation cost for such awards over the period from the grant date to the date the employee or the director first became eligible to retire with the options continuing to vest after retirement for all periods presented, recognized compensation cost would not have been materially different for fiscal 2011 or fiscal 2010. Recognized compensation cost would have been $3.5 million lower for fiscal 2009.

     The fair value of each option award is estimated as of the date of grant using a Black-Scholes option pricing model. The weighted average assumptions for the periods indicated are noted in the following table. Expected volatility is based on historical volatility of Sysco’s stock, implied volatilities from traded options on Sysco’s stock and other factors. Sysco utilizes historical data to estimate option exercise and employee termination behavior within the valuation model; separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. Expected dividend yield is estimated based on the historical pattern of dividends and the average stock price for the year preceding the option grant. The risk-free rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant.

     The following weighted-average assumptions were used for each fiscal year presented:

	2011			2010			2009
Dividend yield		3.5	%		3.6	%		3.2	%
Expected volatility		23.4	%		25.4	%		34.7	%
Risk-free interest rate		1.2	%		2.3	%		2.3	%
Expected life	5.0 years			4.9 years			4.5 years

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     The following summary presents information regarding outstanding options as of July 2, 2011 and changes during the fiscal year then ended with regard to options under all stock incentive plans:

						Weighted Average
				Weighted		Remaining		Aggregate
	Shares Under			Average Exercise		Contractual Term		Intrinsic Value
	Option			Price Per Share		(in years)		(in thousands)
Outstanding as of July 3, 2010		72,835,397		$	29.72
Granted		7,190,250			28.86
Exercised		(11,461,735	)		27.20
Forfeited		(422,309	)		28.24
Expired		(749,295	)		31.23
Outstanding as of July 2, 2011		67,392,308		$	30.05		2.77	$	120,024
Vested or expected to vest as of July 2, 2011		66,718,623		$	30.07		2.75	$	117,725
Exercisable as of July 2, 2011		45,522,993		$	30.90		1.67	$	46,562

     The total number of employee options granted was 7,190,250, 8,494,200 and 8,089,750 in fiscal years 2011, 2010 and 2009, respectively. During fiscal 2011, 1,423,000 options were granted to 11 executive officers and 5,767,250 options were granted to approximately 1,500 other key employees. During fiscal 2010, 1,451,500 options were granted to 12 executive officers and 7,042,700 options were granted to approximately 1,600 other key employees. During fiscal 2009, 1,395,000 options were granted to 12 executive officers and 6,694,750 options were granted to approximately 1,700 other key employees.

     The weighted average grant-date fair value of options granted in fiscal 2011, 2010 and 2009 was $3.96, $4.53 and $5.88, respectively. The total intrinsic value of options exercised during fiscal 2011, 2010 and 2009 was $45.5 million, $16.3 million and $24.4 million, respectively.

Restricted Stock Units

     During fiscal 2011 and 2010, 656,000 and 652,300 restricted stock units, respectively, were granted to employees that will vest ratably over a three-year period. The majority of these restricted stock units were granted with dividend equivalents. The fair value of each restricted stock unit award granted with a dividend equivalent is based on the company’s stock price as of the date of grant. For restricted stock unit awards granted without dividend equivalents, the fair value was reduced by the present value of expected dividends during the vesting period. The weighted average grant-date fair value per share of restricted stock units granted during the fiscal 2011 and 2010 was $28.72 and $27.24, respectively.

Restricted Stock

     In fiscal 2009, 75,822 shares of restricted stock were granted to an executive officer. The fair value of these shares was $23.74 per share, which was based on the stock price on the grant date. These shares will vest ratably over a three-year period. In fiscal 2010, this executive officer announced his retirement, and 37,911 of the shares were forfeited according to the terms of the agreement. The remaining shares have vested according to the terms of the agreement as amended in connection with the executive officer’s retirement.

Non-Employee Director Awards

     The 2009 Non-Employee Directors Stock Plan, as well as previous plans, provides for the issuance of restricted awards to current non-employee directors. During fiscal 2011, 2010 and 2009, 60,973, 58,310 and 65,631 shares, respectively, of restricted awards were granted to non-employee directors. The awards granted in fiscal 2011 vest over a one-year period, and the awards granted in fiscal 2010 and 2009 vest over a three-year period. Beginning in fiscal 2011, the non-employee directors may elect to receive these awards in restricted stock shares that will vest at the end of the award’s stated vesting period or as deferred units which convert into shares of Sysco common stock upon a date selected by the non-employee director that is subsequent to the award’s stated vesting date. The fair value of the restricted awards is based on the company’s stock price as of the date of grant. The weighted average grant-date fair value of the shares granted during fiscal 2011, 2010 and 2009 was $28.87, $27.44 and $24.99, respectively.

     Under the 2009 Non-Employee Directors Stock Plan, non-employee directors may elect to receive up to 100% of their annual directors’ fees in Sysco common stock on either an annual or deferred basis. Previous plans allowed for the election to receive up to 50% of annual directors’ fees in Sysco common stock. Sysco provides a matching grant of 50% of the number of shares received for the stock election subject to certain limitations. As a result of such elections, a total of 27,979, 23,111 and 21,966 shares with a weighted-average grant date fair value of $29.26, $24.42 and $27.49 per share were issued in fiscal 2011, 2010 and 2009, respectively, in the form of fully vested common stock or deferred units.

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Summary of Nonvested Awards

     The following summary presents information regarding outstanding nonvested awards as of July 2, 2011 and changes during the fiscal year then ended with regard to these awards under all stock incentive plans. Award types represented include: restricted stock units granted to employees, restricted stock granted to employees and restricted awards granted to non-employee directors.

				Weighted
				Average Grant
				Date Fair Value
	Shares			Per Share
Nonvested as of July 3, 2010		778,623		$	27.23
Granted		716,973			28.73
Vested		(285,536	)		27.30
Forfeited		(7,534	)		29.22
Nonvested as of July 2, 2011		1,202,526		$	28.10

Employees’ Stock Purchase Plan

     Sysco has an Employees’ Stock Purchase Plan that permits employees to invest in Sysco common stock by means of periodic payroll deductions at discount of 15% from the closing price on the last business day of each calendar quarter. In November 2010, the Employees’ Stock Purchase Plan was amended to reserve an additional 5,000,000 shares of Sysco common stock for issuance under the plan. Including the additional 5,000,000 shares reserved in fiscal 2011, the total number of shares which may be sold pursuant to the plan may not exceed 79,000,000 shares, of which 6,902,496 remained available as of July 2, 2011.

     During fiscal 2011, 1,655,100 shares of Sysco common stock were purchased by the participants as compared to 1,827,386 shares purchased in fiscal 2010 and 2,031,695 shares purchased in fiscal 2009. In July 2011, 377,730 shares were purchased by participants.

     The weighted average fair value of employee stock purchase rights issued pursuant to the Employees’ Stock Purchase Plan was $4.28, $3.87 and $3.85 per share during fiscal 2011, 2010 and 2009, respectively. The fair value of the stock purchase rights was calculated as the difference between the stock price at date of issuance and the employee purchase price.

Management Incentive Compensation

     Sysco’s Management Incentive Plan compensates key management personnel for specific performance achievements. With respect to bonuses for fiscal 2008 and earlier years, the bonuses earned and expensed under this plan were paid in the following fiscal year in both cash and stock or deferred for payment in future years at the election of each participant. The stock awards under this plan immediately vested upon issuance; however, participants were restricted from selling, transferring, giving or otherwise conveying the shares for a period of two years from the date of issuance of such shares. The fair value of the stock issued under the Management Incentive Plan was based on the stock price less a 12% discount for post-vesting restrictions. The discount for post-vesting restrictions was estimated based on restricted stock studies and by calculating the cost of a hypothetical protective put option over the restriction period. In May 2008, the Management Incentive Plan was amended to remove the stock component of the bonus structure from all future bonuses granted. A total of 672,087 shares at a fair value of $28.22 were issued pursuant to this plan in fiscal 2009 for bonuses earned in the fiscal 2008, the final year the bonus included a stock component.

All Share-Based Payment Arrangements

     The total share-based compensation cost that has been recognized in results of operations was $59.2 million, $66.4 million and $56.0 million for fiscal 2011, 2010 and 2009, respectively, and is included within operating expenses in the consolidated results of operations. The total income tax benefit recognized in results of operations for share-based compensation arrangements was $18.2 million, $13.9 million and $9.9 million for fiscal 2011, 2010 and 2009, respectively.

     As of July 2, 2011, there was $61.3 million of total unrecognized compensation cost related to share-based compensation arrangements. That cost is expected to be recognized over a weighted-average period of 2.62 years.

     Cash received from option exercises and purchases of shares under the Employees’ Stock Purchase Plan was $332.7 million, $94.8 million and $111.8 million during fiscal 2011, 2010 and 2009, respectively. The actual tax benefit realized for the tax deductions from option exercises totaled $15.9 million, $5.4 million and $7.4 million during fiscal 2011, 2010 and 2009, respectively.

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16. INCOME TAXES

Income Tax Provisions

     The income tax provision for each fiscal year consists of the following:

			2010
	2011		(53 Weeks)		2009
			(In thousands)
United States federal income taxes	$	569,872	$	542,535	$	602,595
State and local income taxes		60,081		80,492		87,223
Foreign income taxes		45,471		46,579		25,068
Total	$	675,424	$	669,606	$	714,886

     The current and deferred components of the income tax provisions for each fiscal year are as follows:

				2010
	2011			(53 Weeks)			2009
				(In thousands)
Current	$	840,173		$	791,120		$	1,010,595
Deferred		(164,749	)		(121,514	)		(295,709	)
Total	$	675,424		$	669,606		$	714,886

     The deferred tax provisions result from the effects of net changes during the year in deferred tax assets and liabilities arising from temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

Internal Revenue Service Settlement

     Sysco’s affiliate, Baugh Supply Chain Cooperative (BSCC), was a cooperative taxed under subchapter T of the United States Internal Revenue Code, the operation of which has resulted in a deferral of tax payments. The IRS, in connection with its audits of the company’s 2003 through 2006 federal income tax returns, proposed adjustments that would have accelerated amounts that the company had previously deferred and would have resulted in the payment of interest on those deferred amounts. Sysco reached a settlement with the IRS in the first quarter of fiscal 2010 to cease paying U.S. federal taxes related to BSCC on a deferred basis, pay the amounts that were recorded within deferred taxes related to BSCC over a three-year period and make a one-time payment of $41.0 million, of which approximately $39.0 million was non-deductible. The settlement addressed the BSCC deferred tax issue as it related to the IRS audit of the company’s 2003 through 2006 federal income tax returns, and settled the matter for all subsequent periods, including the 2007 and 2008 federal income tax returns already under audit. As a result of the settlement, the company agreed to pay the amounts owed in the following schedule:

	(In thousands)
Fiscal 2010	$	528,000
Fiscal 2011		212,000
Fiscal 2012		212,000

     As noted in the table above, payments related to the settlement were $212.0 million and $528.0 million in fiscal 2011 and fiscal 2010, respectively. Remaining amounts to be paid in 2012 will be paid in connection with the company’s quarterly tax payments, two of which fall in the second quarter, one in the third quarter and one in the fourth quarter. The company believes it has access to sufficient cash on hand, cash flows from operations and current access to capital to make payments on all of the amounts noted above. The company had previously accrued interest for a portion of the exposure pertaining to the IRS proposed adjustments and as a result of the settlement with the IRS, Sysco recorded an income tax benefit of approximately $29.0 million in the first quarter of fiscal 2010.

     Sysco’s deferred taxes were impacted by the timing of these installment payments. Sysco reclassified amounts due within one year from deferred taxes to accrued income taxes at the beginning of each of fiscal 2011 and 2010. Additionally, beginning in fiscal 2009, the company is not deferring taxes for federal purposes according to its agreement with the IRS.

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Deferred Tax Assets and Liabilities

     Significant components of Sysco’s deferred tax assets and liabilities are as follows:

	July 2, 2011		July 3, 2010
	(In thousands)
Deferred tax liabilities:
Deferred supply chain distributions	$	276,001	$	542,424
Excess tax depreciation and basis differences of assets		384,702		288,122
Goodwill and intangible assets		175,747		157,943
Other		35,497		26,032
Total deferred tax liabilities		871,947		1,014,521
Deferred tax assets:
Net operating tax loss carryforwards		35,989		70,439
Benefit on unrecognized tax benefits		23,463		32,790
Pension		162,212		213,398
Share-based compensation		61,978		54,426
Deferred compensation		37,659		39,823
Self-insured liabilities		40,454		40,623
Receivables		52,614		54,511
Inventory		54,853		47,256
Other		56,465		34,836
Total deferred tax assets		525,687		588,102
Valuation allowances		4,046		23,115
Total net deferred tax liabilities	$	350,306	$	449,534

     The company had state net operating tax loss carryforwards as of July 2, 2011 and state and Canadian net operating tax loss carryforwards as of July 3, 2010. The net operating tax loss carryforwards outstanding as of July 2, 2011 expire in fiscal years 2012 through 2031. There were no valuation allowances recorded for the state tax loss carryforwards as of July 2, 2011 because management believes it is more likely than not that these benefits will be realized based on utilization forecasts. Valuation allowances of $19.8 million were recorded for the state tax loss carryforwards as of July 3, 2010, as management believed that it was more likely than not that a portion of the benefits of these state tax loss carryforwards would not be realized.

Effective Tax Rates

     Reconciliations of the statutory federal income tax rate to the effective income tax rates for each fiscal year are as follows:

	2011			2010			2009
United States statutory federal income tax rate		35.00	%		35.00	%		35.00	%
State and local income taxes, net of any applicable federal income tax benefit		1.96			2.89			2.59
Foreign income taxes		(0.50	)		(0.31	)		(0.96	)
Impact of uncertain tax benefits		0.51			(1.46	)		1.75
Impact of adjusting carrying value of corporate-owned life insurance policies to their cash surrender values		(0.61	)		(0.45	)		0.95
Other		0.60			0.53			1.04
		36.96	%		36.20	%		40.37	%

     The effective tax rate of 36.96% for fiscal 2011 was favorably impacted primarily by two items. First, the company recorded a tax benefit of approximately $17.0 million for the reversal of valuation allowances previously recorded on state net operating loss carryforwards. Second, the company adjusted the carrying values of the company’s COLI policies to their cash surrender values. The gain of $28.2 million recorded in fiscal 2011 was primarily non-taxable for income tax purposes, and had the impact of decreasing income tax expense for the period by $11.1 million. Partially offsetting these favorable impacts was the recording of $9.3 million in tax and interest related to various federal, foreign and state uncertain tax positions.

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     The effective tax rate of 36.20% for fiscal 2010 was favorably impacted primarily by two items. First, as discussed above, the company recorded an income tax benefit of approximately $29.0 million resulting from the one-time reversal of previously accrued interest related to the settlement with the IRS. Second, the gain of $21.6 million recorded to adjust the carrying value of COLI policies to their cash surrender values in fiscal 2010 was non-taxable for income tax purposes, and had the impact of decreasing income tax expense for the period by $8.3 million.

     The effective tax rate of 40.37% for fiscal 2009 was unfavorably impacted primarily by two factors. First, the company recorded tax adjustments related to federal and state uncertain tax positions of $31.0 million. Second, the loss of $43.8 million recorded to adjust the carrying value of COLI policies to their cash surrender values in fiscal 2009 was non-deductible for income tax purposes, and had the impact of increasing income tax expense for the period by $16.8 million. The effective tax rate for fiscal 2009 was favorably impacted by the reversal of valuation allowances of $7.8 million previously recorded on Canadian net operating loss deferred tax assets.

Uncertain Tax Positions

     A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding interest and penalties, is as follows:

	2011			2010
	(In thousands)
Unrecognized tax benefits at beginning of year	$	89,851		$	92,145
Additions for tax positions related to prior years		21,099			2,796
Reductions for tax positions related to prior years		(11,955	)		(8,645	)
Additions for tax positions related to the current year		—			19,595
Reductions for tax positions related to the current year		—			—
Reductions due to settlements with taxing authorities		(25,294	)		(15,608	)
Reductions due to lapse of applicable statute of limitations		(1,610	)		(432	)
Unrecognized tax benefits at end of year	$	72,091		$	89,851

     As of July 2, 2011, $15.9 million of the gross liability for unrecognized tax benefits was netted within prepaid income taxes relating to a payment that occurred during fiscal 2011; however, the liability is considered outstanding until the matters have been settled with the respective jurisdiction. As of July 2, 2011, the gross amount of liability for accrued interest and penalties related to unrecognized tax benefits was $33.2 million, of which $8.7 million was netted within prepaid income taxes relating to a payment that occurred during fiscal 2011; however, the liability is considered outstanding until the matters have been settled with the respective jurisdiction. The expense recorded for interest and penalties related to unrecognized tax benefits in fiscal 2011 was $7.2 million.

     As of July 3, 2010, $15.9 million of the gross liability for unrecognized tax benefits was netted within prepaid income taxes as payment was expected to occur during fiscal 2011. As of July 3, 2010, the gross amount of liability for accrued interest and penalties related to unrecognized tax benefits was $40.6 million, of which $8.7 million was netted within prepaid income taxes as payment was expected to occur during fiscal 2011. The expense recorded for interest and penalties related to unrecognized tax benefits in fiscal 2010 was $12.0 million.

     If Sysco were to recognize all unrecognized tax benefits recorded as of July 2, 2011, approximately $40.1 million of the $72.1 million reserve would reduce the effective tax rate. It is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the company’s unrecognized tax positions will increase or decrease in the next twelve months either because Sysco’s positions are sustained on audit or because the company agrees to their disallowance. Items that may cause changes to unrecognized tax benefits primarily include the consideration of various filing requirements in various states and the allocation of income and expense between tax jurisdictions. In addition, the amount of unrecognized tax benefits recognized within the next twelve months may decrease due to the expiration of the statute of limitations for certain years in various jurisdictions; however, it is possible that a jurisdiction may open an audit on one of these years prior to the statute of limitations expiring. At this time, an estimate of the range of the reasonably possible change cannot be made.

     The IRS is auditing Sysco’s 2009 and 2010 federal income tax returns. As of July 2, 2011, Sysco’s tax returns in the majority of the state and local jurisdictions and Canada are no longer subject to audit for the years before 2006. However, some jurisdictions have audits open prior to 2006, with the earliest dating back to 2002. Certain tax jurisdictions require partial to full payment on audit assessments in order to proceed to the appeals process. Although the outcome of tax audits is generally uncertain, the company believes that adequate amounts of tax, including interest and penalties, have been accrued for any adjustments that may result from those open years.

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Other

     Undistributed income of certain consolidated foreign subsidiaries at July 2, 2011 amounted to $544.0 million for which no deferred U.S. income tax provision has been recorded because Sysco intends to permanently reinvest such income in those foreign operations. An estimate of any U.S. taxes or foreign withholding taxes that may be applicable upon actual or deemed repatriation is not practical.

17. ACQUISITIONS

     During fiscal 2011, in the aggregate, the company paid cash of $101.1 million for operations acquired during fiscal 2011 and for contingent consideration related to operations acquired in previous fiscal years. During fiscal 2011, Sysco acquired for cash broadline foodservice operations in central California; Los Angeles, California; Ontario, Canada; Lincoln, Nebraska and Trenton, New Jersey. The fiscal 2011 acquisitions were immaterial, individually and in the aggregate, to the consolidated financial statements.

     Certain acquisitions involve contingent consideration typically payable over periods up to five years only in the event that certain outstanding contingencies are resolved. As of July 2, 2011, aggregate contingent consideration amounts outstanding relating to acquisitions was $56.6 million, of which $46.0 million could result in the recording of additional goodwill.

18. COMMITMENTS AND CONTINGENCIES

Legal Proceedings

     Sysco is engaged in various legal proceedings which have arisen but have not been fully adjudicated. Management does not believe that these proceedings will have a material adverse effect upon the consolidated financial position or results of operations of the company. However, the final results of legal proceedings cannot be predicted with certainty and if the company failed to prevail in one or more of these legal matters, the company’s consolidated financial position or results of operations could be materially adversely affected in future periods.

Multi-Employer Pension Plans

     Sysco contributes to several multi-employer defined benefit pension plans based on obligations arising under collective bargaining agreements covering union-represented employees. Approximately 10% of Sysco’s current employees are participants in such multi-employer plans. In fiscal 2011, total contributions to these plans were approximately $32.8 million.

     Sysco does not directly manage these multi-employer plans, which are generally managed by boards of trustees, half of whom are appointed by the unions and the other half by other employers contributing to the plan. Based upon the information available from plan administrators, management believes that several of these multi-employer plans are underfunded. In addition, pension-related legislation, requires underfunded pension plans to improve their funding ratios within prescribed intervals based on the level of their underfunding. As a result, Sysco expects its contributions to these plans to increase in the future.

     Under current law regarding multi-employer defined benefit plans, a plan’s termination, Sysco’s voluntary withdrawal, or the mass withdrawal of all contributing employers from any underfunded multi-employer defined benefit plan would require Sysco to make payments to the plan for Sysco’s proportionate share of the multi-employer plan’s unfunded vested liabilities. Generally, Sysco does not have the greatest share of liability among the participants in any of the plans in which it participates. Based on the information available from plan administrators, which has valuation dates ranging from January 31, 2009 to December 31, 2009, Sysco estimates its share of withdrawal liability on most of the multi-employer plans in which it participates could have been as much as $200.0 million as of July 2, 2011, based on a voluntary withdrawal. This estimate excludes plans for which Sysco has recorded withdrawal liabilities. The majority of the plans Sysco participates in have a valuation date of calendar year-end. As such, the majority of the estimated withdrawal liability results from plans for which the valuation date was December 31, 2009; therefore, the company’s estimated liability reflects the asset losses incurred by the financial markets as of that date. Due to the lack of current information, management believes Sysco’s current share of the withdrawal liability could materially differ from this estimate. In addition, if a multi-employer defined benefit plan fails to satisfy certain minimum funding requirements, the IRS may impose a nondeductible excise tax of 5% on the amount of the accumulated funding deficiency for those employers contributing to the fund.

     In the third quarter of fiscal 2011, the union members of one of the company’s subsidiaries voted to withdraw from the union’s multi-employer pension plan and join Sysco’s company-sponsored Retirement Plan. This action triggered a partial withdrawal from the multi-employer pension plan. As a result, during the third quarter of fiscal 2011, Sysco recorded a withdrawal liability provision of approximately $36.1 million related to this plan. Sysco has experienced other instances triggering voluntary withdrawal from multi-employer pension plans. Total withdrawal liability provisions recorded include $41.5 million in fiscal 2011, $2.9 million in fiscal 2010 and $9.6 million in fiscal 2009. As of July 2, 2011, Sysco had approximately $42.4 million in liabilities recorded related to certain multi-employer defined benefit plans for which Sysco’s voluntary withdrawal had already occurred, which includes the

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liability recorded in the third quarter of fiscal 2011. Recorded withdrawal liabilities are estimated at the time of withdrawal based on the most recently available valuation and participant data for the respective plans; amounts are adjusted up to the period of payment to reflect any changes to these estimates. If any of these plans were to undergo a mass withdrawal, as defined by the Pension Benefit Guaranty Corporation, within a two year time frame from the point of our withdrawal, Sysco could have additional liability. The company does not currently believe any mass withdrawals are probable to occur in the applicable two year time frame relating to the plans from which Sysco has voluntarily withdrawn.

     During fiscal 2008, the company obtained information that a multi-employer pension plan it participated in failed to satisfy minimum funding requirements for certain periods and concluded that it was probable that additional funding would be required as well as the payment of excise tax. As a result, during fiscal 2008, Sysco recorded a liability of approximately $16.5 million related to its share of the minimum funding requirements and related excise tax for these periods. During the first quarter of fiscal 2009, Sysco effectively withdrew from this multi-employer pension plan in an effort to secure benefits for Sysco’s employees that were participants in the plan and to manage the company’s exposure to this under-funded plan. Sysco agreed to pay $15.0 million to the plan, which included the minimum funding requirements. In connection with this withdrawal agreement, Sysco merged participants from this plan into its company-sponsored Retirement Plan and assumed $26.7 million in liabilities. The payment to the plan was made in the second quarter of fiscal 2009.

Fuel Commitments

     Sysco routinely enters into forward purchase commitments for a portion of its projected diesel fuel requirements. As of July 2, 2011, we had forward diesel fuel commitments totaling approximately $85.6 million through June 2012.

Other Commitments

     Sysco has committed to product purchases for resale in order to leverage the company’s purchasing power. A majority of these agreements expire within one year; however, certain agreements have terms through fiscal 2013. These agreements commit the company to a minimum volume at various pricing terms, including fixed pricing, variable pricing or a combination thereof. Minimum amounts committed to as of July 2, 2011 totaled approximately $949.3 million. Minimum amounts committed to by year are as follows: $858.0 million in fiscal 2012 and $91.3 million in fiscal 2013.

     Sysco has committed with a third party service provider to provide hardware and hardware hosting services. The services are to be provided over a ten year period beginning in fiscal 2005 and ending in fiscal 2015. The total cost of the services over that period is expected to be approximately $553.4 million. This amount may be reduced by Sysco utilizing less than estimated resources and can be increased by Sysco utilizing more than estimated resources and the adjustments for inflation provided for in the agreements. Sysco may also cancel a portion or all of the services provided subject to termination fees which decrease over time. If Sysco were to terminate all of the services in fiscal 2012, the estimated termination fee incurred in fiscal 2012 would be approximately $13.6 million.

19. BUSINESS SEGMENT INFORMATION

     The company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are reportable segments as defined in the accounting literature related to disclosures about segments of an enterprise. The Broadline reportable segment is an aggregation of the company’s United States, Canadian and European Broadline segments. Broadline operating companies distribute a full line of food products and a wide variety of non-food products to its customers. SYGMA operating companies distribute a full line of food products and a wide variety of non-food products to certain chain restaurant customer locations. “Other” financial information is attributable to the company’s other operating segments, including the company’s specialty produce and lodging industry segments and a company that distributes to international customers.

     Beginning in the first quarter of fiscal 2012, operating segment results no longer include certain centrally incurred costs for corporate overhead and shared services due to a change in how management evaluates the performance of each of the operating segments. Previously, these centrally incurred costs were charged to the segments based upon the relative level of service used by each operating segment. Management now evaluates the performance of each of our operating segments based on its respective operating income results, which excludes the allocation of certain centrally incurred costs. This results in higher operating income at an operating segment level and higher corporate expenses. Segment reporting for the comparable prior year period has been revised to conform to the new basis of determining segment operating income without the allocation of certain centrally incurred costs. Corporate expenses generally include all expenses of the corporate office and Sysco’s shared service center. These also include all share-based compensation costs and expenses related to the company’s Business Transformation Project.

     Beginning in the third quarter of fiscal 2011, the company’s custom-cut meat operations were reorganized to function as part of the United States Broadline segment. As a result, the custom-cut meat operations are included in the Broadline reportable segment in the segment reporting presented below. Previously, these operations were an independent segment and were presented with the

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“Other” financial information relating to non-reportable segments. Segment reporting for the comparable prior year periods has been revised to conform to the new classification of the custom-cut meat operations as part of the Broadline reportable segment.

     The following table sets forth the financial information for Sysco’s business segments:

	Fiscal Year
				2010
	2011			(53 Weeks)			2009
				(In thousands)
Sales:
Broadline	$	31,924,473		$	30,381,283		$	29,972,991
SYGMA		5,341,094			4,891,279			4,839,036
Other		2,238,796			2,129,862			2,160,043
Intersegment sales		(180,874	)		(158,929	)		(118,740	)
Total	$	39,323,489		$	37,243,495		$	36,853,330
Operating income:
Broadline	$	2,327,847		$	2,352,493		$	2,225,065
SYGMA		62,190			49,057			32,435
Other		100,222			87,667			68,729
Total segments		2,490,259			2,489,217			2,326,229
Corporate expenses		(558,757	)		(513,349	)		(454,018	)
Total operating income		1,931,502			1,975,868			1,872,211
Interest expense		118,267			125,477			116,322
Other expense (income), net		(14,219	)		802			(14,945	)
Earnings before income taxes	$	1,827,454		$	1,849,589		$	1,770,834
Depreciation and amortization:
Broadline	$	291,756		$	283,167		$	273,844
SYGMA		24,975			23,822			26,753
Other		25,131			26,861			29,311
Total segments		341,862			333,850			329,908
Corporate		60,726			56,126			52,431
Total	$	402,588		$	389,976		$	382,339
Capital expenditures:
Broadline	$	353,296		$	407,340		$	346,520
SYGMA		38,612			25,436			5,053
Other		20,228			11,743			36,887
Total segments		412,136			444,519			388,460
Corporate		224,306			150,085			76,101
Total	$	636,442		$	594,604		$	464,561
Assets:
Broadline	$	7,220,046		$	6,402,181		$	5,814,432
SYGMA		456,204			392,883			366,539
Other		814,174			754,409			738,330
Total segments		8,490,424			7,549,473			6,919,301
Corporate		2,895,131			2,764,228			3,228,885
Total	$	11,385,555		$	10,313,701		$	10,148,186

40

     The sales mix for the principal product categories for each fiscal year is as follows:

			2010
	2011		(53 Weeks)		2009
			(In thousands)
Canned and dry products	$	7,308,893	$	7,152,628	$	7,091,420
Fresh and frozen meats		7,163,505		6,405,820		6,394,447
Frozen fruits, vegetables, bakery and other		5,337,625		5,220,307		5,122,415
Dairy products		4,145,350		3,709,410		3,750,684
Poultry		3,912,510		3,862,486		3,709,553
Fresh produce		3,345,929		3,179,947		3,017,018
Paper and disposables		3,055,862		2,906,426		2,911,029
Seafood		1,929,417		1,739,949		1,740,292
Beverage products		1,478,456		1,408,376		1,322,300
Janitorial products		902,636		907,189		940,097
Equipment and smallwares		581,628		599,267		661,309
Medical supplies		161,678		151,690		192,766
Total	$	39,323,489	$	37,243,495	$	36,853,330

     Information concerning geographic areas is as follows:

	Fiscal Year
			2010
	2011		(53 Weeks)		2009
			(In thousands)
Sales:(1)
United States	$	34,992,273	$	33,268,481	$	33,378,485
Canada		3,864,420		3,550,605		3,134,989
Other		466,796		424,409		339,856
Total	$	39,323,489	$	37,243,495	$	36,853,330
Long-lived assets:(2)
United States	$	3,161,724	$	2,884,728	$	2,725,200
Canada		321,185		291,514		223,320
Other		29,480		27,581		30,680
Total	$	3,512,389	$	3,203,823	$	2,979,200

(1)	Represents sales to external customers from businesses operating in these countries.
(2)	Long-lived assets represents net property, plant and equipment reported in the country in which they are held.

41

20. SUPPLEMENTAL GUARANTOR INFORMATION — PARENT GUARANTEE

     Sysco International, ULC. is an unlimited liability company organized under the laws of the Province of British Columbia, Canada and is a wholly-owned subsidiary of Sysco. In May 2002, Sysco International, Co., now known as Sysco International ULC, issued, in a private offering, $200.0 million of 6.10% notes due in 2012 (see Note 10, “Debt”). In December 2002, these notes were exchanged for substantially identical notes in an exchange offer registered under the Securities Act of 1933. These notes are fully and unconditionally guaranteed by Sysco. Sysco International, ULC. is a holding company with no significant sources of income or assets, other than its equity interests in its subsidiaries and interest income from loans made to its subsidiaries. The proceeds from the issuance of the 6.10% notes were used to repay commercial paper issued to fund the fiscal 2002 acquisition of a Canadian broadline foodservice operation.

     The following condensed consolidating financial statements present separately the financial position, results of operations and cash flows of the parent guarantor (Sysco), the subsidiary issuer (Sysco International) and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis and eliminating entries.

	Condensed Consolidating Balance Sheet
	July 2, 2011
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
					(In thousands)
Current assets	$	354,450	$	34	$	5,378,398		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		371,866		128,461			(14,514,896	)		—
Plant and equipment, net		569,567		—		2,942,822			—			3,512,389
Other assets		378,317		329		1,761,638			—			2,140,284
Total assets	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555
Current liabilities	$	430,300	$	201,016	$	2,943,759		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		9,301		(7,809,555	)		—			—
Long-term debt		2,227,483		—		52,034			—			2,279,517
Other liabilities		405,376		—		420,345			—			825,721
Shareholders’ equity		4,453,490		161,912		14,604,736			(14,514,896	)		4,705,242
Total liabilities and shareholders’ equity	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	July 3, 2010
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
					(In thousands)
Current assets	$	417,336	$	33	$	4,658,889		$	—		$	5,076,258
Investment in subsidiaries		15,265,792		465,641		142,925			(15,874,358	)		—
Plant and equipment, net		425,279		—		2,778,544			—			3,203,823
Other assets		362,658		597		1,670,365			—			2,033,620
Total assets	$	16,471,065	$	466,271	$	9,250,723		$	(15,874,358	)	$	10,313,701
Current liabilities	$	444,274	$	1,114	$	2,563,810		$	—		$	3,009,198
Intercompany payables (receivables)		9,691,238		73,124		(9,764,362	)		—			—
Long-term debt		2,225,781		199,881		47,000			—			2,472,662
Other liabilities		411,781		—		592,534			—			1,004,315
Shareholders’ equity		3,697,991		192,152		15,811,741			(15,874,358	)		3,827,526
Total liabilities and shareholders’ equity	$	16,471,065	$	466,271	$	9,250,723		$	(15,874,358	)	$	10,313,701

42

	Condensed Consolidating Results of Operations
	Year Ended July 2, 2011
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	39,323,489		$	—		$	39,323,489
Cost of sales		—			—			31,928,777			—			31,928,777
Gross profit		—			—			7,394,712			—			7,394,712
Operating expenses		535,224			127			4,927,859			—			5,463,210
Operating income (loss)		(535,224	)		(127	)		2,466,853			—			1,931,502
Interest expense (income)		453,593			10,973			(346,299	)		—			118,267
Other expense (income), net		(5,581	)		—			(8,638	)		—			(14,219	)
Earnings (losses) before income taxes		(983,236	)		(11,100	)		2,821,790			—			1,827,454
Income tax (benefit) provision		(363,403	)		(4,103	)		1,042,930			—			675,424
Equity in earnings of subsidiaries		1,771,863			60,758			—			(1,832,621	)		—
Net earnings	$	1,152,030		$	53,761		$	1,778,860		$	(1,832,621	)	$	1,152,030

	Condensed Consolidating Results of Operations
	Year Ended July 3, 2010
	(53 Weeks)
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	37,243,495		$	—		$	37,243,495
Cost of sales		—			—			30,055,188			—			30,055,188
Gross profit		—			—			7,188,307			—			7,188,307
Operating expenses		500,823			112			4,711,504			—			5,212,439
Operating income (loss)		(500,823	)		(112	)		2,746,803			—			1,975,868
Interest expense (income)		496,410			10,961	)		(381,894	)		—			125,477
Other expense (income), net		5,546			—			(4,744	)		—			802
Earnings (losses) before income taxes		(1,002,779	)		(11,073	)		2,863,441			—			1,849,589
Income tax (benefit) provision		(363,029	)		(4,009	)		1,036,644			—			669,606
Equity in earnings of subsidiaries		1,819,733			38,342			—			(1,858,075	)		—
Net earnings	$	1,179,983		$	31,278		$	1,826,797		$	(1,858,075	)	$	1,179,983

	Condensed Consolidating Results of Operations
	Year Ended June 27, 2009
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	36,853,330		$	—		$	36,853,330
Cost of sales		—			—			29,743,076			—			29,743,076
Gross profit		—			—			7,110,254			—			7,110,254
Operating expenses		452,959			117			4,784,967			—			5,238,043
Operating income (loss)		(452,959	)		(117	)		2,325,287			—			1,872,211
Interest expense (income)		476,238			11,142			(371,058	)		—			116,322
Other (income), net		(3,273	)		—			(11,672	)		—			(14,945	)
Earnings (losses) before income taxes		(925,924	)		(11,259	)		2,708,017			—			1,770,834
Income tax (benefit) provision		(373,797	)		(4,545	)		1,093,228			—			714,886
Equity in earnings of subsidiaries		1,608,075			44,626			—			(1,652,701	)		—
Net earnings	$	1,055,948		$	37,912		$	1,614,789		$	(1,652,701	)	$	1,055,948

43

	Condensed Consolidating Cash Flows
	Year Ended July 2, 2011
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(491,211	)	$	54,049		$	1,528,680		$	1,091,518
Investing activities		(203,090	)		—			(476,466	)		(679,556	)
Financing activities		(555,282	)		—			177,375			(377,907	)
Effect of exchange rate on cash		—			—			20,267			20,267
Intercompany activity		1,181,573			(54,049	)		(1,127,524	)		—
Net (decrease) increase in cash		(68,010	)		—			122,332			54,322
Cash at the beginning of the period		373,523			—			211,920			585,443
Cash at the end of the period	$	305,513		$	—		$	334,252		$	639,765

	Condensed Consolidating Cash Flows
	Year Ended July 3, 2010
	(53 Weeks)
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(649,277	)	$	31,739		$	1,502,966		$	885,428
Investing activities		(225,565	)		—			(430,755	)		(656,320	)
Financing activities		(664,236	)		—			(2,794	)		(667,030	)
Effect of exchange rate on cash		—			—			4,714			4,714
Intercompany activity		1,013,405			(31,739	)		(981,666	)		—
Net (decrease) increase in cash		(525,673	)		—			92,465			(433,208	)
Cash at the beginning of the period		899,196			—			119,455			1,018,651
Cash at the end of the period	$	373,523		$	—		$	211,920		$	585,443

	Condensed Consolidating Cash Flows
	Year Ended June 27, 2009
							Other
				Sysco			Non-Guarantor
	Sysco			International			Subsidiaries			Consolidated Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(493,984	)	$	38,340		$	2,032,393		$	1,576,749
Investing activities		(82,684	)		—			(575,979	)		(658,663	)
Financing activities		(380,564	)		—			921			(379,643	)
Effect of exchange rate on cash		—			—			334			334
Intercompany activity		1,369,782			(38,340	)		(1,331,442	)		—
Net increase in cash		412,550			—			126,227			538,777
Cash at the beginning of the period		486,646			—			(6,772	)		479,874
Cash at the end of the period	$	899,196		$	—		$	119,455		$	1,018,651

44

21. SUPPLEMENTAL GUARANTOR INFORMATION – SUBSIDIARY GUARANTEES

     On January 19, 2011, the wholly-owned U.S. Broadline subsidiaries of Sysco Corporation entered into full and unconditional guarantees of all outstanding senior notes and debentures of Sysco Corporation. As of July 2, 2011, Sysco had a total of approximately $2,225.0 million in senior notes and debentures outstanding that are covered by this guarantee.

     The following condensed consolidating financial statements present separately the financial position, results of operations and cash flows of the parent issuer (Sysco Corporation), the guarantors (U.S. Broadline subsidiaries) and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis with eliminating entries.

	Condensed Consolidating Balance Sheet
	July 2, 2011
			U.S.			Other
			Broadline			Non-Guarantor						Consolidated
	Sysco		Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	354,450	$	3,476,921		$	1,901,511		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		—			—			(14,014,569	)		—
Plant and equipment, net		569,567		1,794,473			1,148,349			—			3,512,389
Other assets		378,317		519,664			1,242,303			—			2,140,284
Total assets	$	15,316,903	$	5,791,058		$	4,292,163		$	(14,014,569	)	$	11,385,555
Current liabilities	$	430,300	$	840,586		$	2,304,189		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		(7,701,021	)		(99,233	)		—			—
Long-term debt		2,227,483		26,542			25,492			—			2,279,517
Other liabilities		405,376		343,427			76,918			—			825,721
Shareholders’ equity		4,453,490		12,281,524			1,984,797			(14,014,569	)		4,705,242
Total liabilities and shareholders’ equity	$	15,316,903	$	5,791,058		$	4,292,163		$	(14,014,569	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	July 3, 2010
			U.S.			Other
			Broadline			Non-Guarantor						Consolidated
	Sysco		Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	417,336	$	3,165,121		$	1,493,801		$	—		$	5,076,258
Investment in subsidiaries		15,265,792		—			—			(15,265,792	)		—
Plant and equipment, net		425,279		1,762,580			1,015,964			—			3,203,823
Other assets		362,658		484,887			1,186,075			—			2,033,620
Total assets	$	16,471,065	$	5,412,588		$	3,695,840		$	(15,265,792	)	$	10,313,701
Current liabilities	$	444,274	$	918,449		$	1,646,475		$	—		$	3,009,198
Intercompany payables (receivables)		9,691,238		(9,674,808	)		(16,430	)		—			—
Long-term debt		2,225,781		18,860			228,021			—			2,472,662
Other liabilities		411,781		491,528			101,006			—			1,004,315
Shareholders’ equity		3,697,991		13,658,559			1,736,768			(15,265,792	)		3,827,526
Total liabilities and shareholders’ equity	$	16,471,065	$	5,412,588		$	3,695,840		$	(15,265,792	)	$	10,313,701

45

	Condensed Consolidating Results of Operations
	Year Ended July 2, 2011
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	27,138,172		$	12,861,426		$	(676,109	)	$	39,323,489
Cost of sales		—			21,591,829			10,923,446			(586,498	)		31,928,777
Gross profit		—			5,546,343			1,937,980			(89,611	)		7,394,712
Operating expenses		535,224			3,455,148			1,562,449			(89,611	)		5,463,210
Operating income (loss)		(535,224	)		2,091,195			375,531			—			1,931,502
Interest expense (income)		453,593			(332,561	)		(2,765	)		—			118,267
Other expense (income), net		(5,581	)		(4,636	)		(4,002	)		—			(14,219	)
Earnings (losses) before income taxes		(983,236	)		2,428,392			382,298			—			1,827,454
Income tax (benefit) provision		(363,403	)		897,529			141,298			—			675,424
Equity in earnings of subsidiaries		1,771,863			—			—			(1,771,863	)		—
Net earnings	$	1,152,030		$	1,530,863		$	241,000		$	(1,771,863	)	$	1,152,030

	Condensed Consolidating Results of Operations
	Year Ended July 3, 2010
	(53 Weeks)
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	25,966,566		$	11,821,286		$	(544,357	)	$	37,243,495
Cost of sales		—			20,499,083			10,015,733			(459,628	)		30,055,188
Gross profit		—			5,467,483			1,805,553			(84,729	)		7,188,307
Operating expenses		500,823			3,342,934			1,453,411			(84,729	)		5,212,439
Operating income (loss)		(500,823	)		2,124,549			352,142			—			1,975,868
Interest expense (income)		496,410			(374,203	)		3,270			—			125,477
Other expense (income), net		5,546			(3,201	)		(1,543	)		—			802
Earnings (losses) before income taxes		(1,002,779	)		2,501,953			350,415			—			1,849,589
Income tax (benefit) provision		(363,029	)		905,774			126,861			—			669,606
Equity in earnings of subsidiaries		1,819,733			—			—			(1,819,733	)		—
Net earnings	$	1,179,983		$	1,596,179		$	223,554		$	(1,819,733	)	$	1,179,983

	Condensed Consolidating Results of Operations
	Year Ended June 27, 2009
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	26,013,529		$	11,301,822		$	(462,021	)	$	36,853,330
Cost of sales		—			20,518,593			9,611,706			(387,223	)		29,743,076
Gross profit		—			5,494,936			1,690,116			(74,798	)		7,110,254
Operating expenses		452,959			3,448,636			1,411,246			(74,798	)		5,238,043
Operating income (loss)		(452,959	)		2,046,300			278,870			—			1,872,211
Interest expense (income)		476,238			(365,999	)		6,083			—			116,322
Other expense (income), net		(3,273	)		(5,563	)		(6,109	)		—			(14,945	)
Earnings (losses) before income taxes		(925,924	)		2,417,862			278,896			—			1,770,834
Income tax (benefit) provision		(373,797	)		976,091			112,592			—			714,886
Equity in earnings of subsidiaries		1,608,075			—			—			(1,608,075	)		—
Net earnings	$	1,055,948		$	1,441,771		$	166,304		$	(1,608,075	)	$	1,055,948

46

	Condensed Consolidating Cash Flows
	Year Ended July 2, 2011
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(491,211	)	$	1,243,884		$	338,845		$	1,091,518
Investing activities		(203,090	)		(318,382	)		(158,084	)		(679,556	)
Financing activities		(555,282	)		1,263			176,112			(377,907	)
Effect of exchange rate on cash		—			—			20,267			20,267
Intercompany activity		1,181,573			(926,546	)		(255,027	)		—
Net (decrease) increase in cash		(68,010	)		219			122,113			54,322
Cash at the beginning of the period		373,523			31,935			179,985			585,443
Cash at the end of the period	$	305,513		$	32,154		$	302,098		$	639,765

	Condensed Consolidating Cash Flows
	Year Ended July 3, 2010
	(53 Weeks)
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(649,277	)	$	1,239,657		$	295,048		$	885,428
Investing activities		(225,565	)		(228,769	)		(201,986	)		(656,320	)
Financing activities		(664,236	)		559			(3,353	)		(667,030	)
Effect of exchange rate on cash		—			—			4,714			4,714
Intercompany activity		1,013,405			(1,011,728	)		(1,677	)		—
Net (decrease) increase in cash		(525,673	)		(281	)		92,746			(433,208	)
Cash at the beginning of the period		899,196			32,216			87,239			1,018,651
Cash at the end of the period	$	373,523		$	31,935		$	179,985		$	585,443

	Condensed Consolidating Cash Flows
	Year Ended June 27, 2009
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(493,984	)	$	1,752,869		$	317,864		$	1,576,749
Investing activities		(82,684	)		(296,933	)		(279,046	)		(658,663	)
Financing activities		(380,564	)		1,060			(139	)		(379,643	)
Effect of exchange rate on cash		—			—			334			334
Intercompany activity		1,369,782			(1,458,992	)		89,210			—
Net increase (decrease) in cash		412,550			(1,996	)		128,223			538,777
Cash at the beginning of the period		486,646			34,212			(40,984	)		479,874
Cash at the end of the period	$	899,196		$	32,216		$	87,239		$	1,018,651

47

22. QUARTERLY RESULTS (UNAUDITED)

     Financial information for each quarter in the years ended July 2, 2011 and July 3, 2010 is set forth below:

	Fiscal 2011 Quarter Ended
	October 2			January 1			April 2			July 2			Fiscal Year
	(In thousands except for per share data)
Sales	$	9,751,274		$	9,384,852		$	9,761,660		$	10,425,703		$	39,323,489
Cost of sales		7,905,170			7,623,185			7,929,111			8,471,311			31,928,777
Gross profit		1,846,104			1,761,667			1,832,549			1,954,392			7,394,712
Operating expenses		1,339,864			1,324,642			1,405,062			1,393,642			5,463,210
Operating income		506,240			437,025			427,487			560,750			1,931,502
Interest expense		31,101			28,060			28,972			30,134			118,267
Other expense (income), net		(1,684	)		(1,300	)		(6,957	)		(4,278	)		(14,219	)
Earnings before income taxes		476,823			410,265			405,472			534,894			1,827,454
Income taxes		177,754			152,092			146,994			198,584			675,424
Net earnings	$	299,069		$	258,173		$	258,478		$	336,310		$	1,152,030
Per share:
Basic net earnings	$	0.51		$	0.44		$	0.44		$	0.57		$	1.96
Diluted net earnings		0.51			0.44			0.44			0.57			1.96
Dividends declared		0.25			0.26			0.26			0.26			1.03
Market price — high/low		32-27			30-28			31-27			33-28			33-27

	Fiscal 2010 Quarter Ended
										July 3			Fiscal Year
	September 26			December 26			March 27			(14 Weeks)			(53 Weeks)
	(In thousands except for per share data)
Sales	$	9,081,426		$	8,868,499		$	8,945,093		$	10,348,477		$	37,243,495
Cost of sales		7,315,269			7,153,191			7,242,530			8,344,198			30,055,188
Gross profit		1,766,157			1,715,308			1,702,563			2,004,279			7,188,307
Operating expenses		1,268,829			1,252,957			1,270,460			1,420,193			5,212,439
Operating income		497,328			462,351			432,103			584,086			1,975,868
Interest expense		33,800			31,522			27,654			32,501			125,477
Other (income), net		(2,012	)		(1,138	)		1,028			2,924			802
Earnings before income taxes		465,540			431,967			403,421			548,661			1,849,589
Income taxes		139,335			163,618			155,773			210,880			669,606
Net earnings	$	326,205		$	268,349		$	247,648		$	337,781		$	1,179,983
Per share:
Basic net earnings	$	0.55		$	0.45		$	0.42		$	0.57		$	1.99
Diluted net earnings		0.55			0.45			0.42			0.57			1.99
Dividends declared		0.24			0.25			0.25			0.25			0.99
Market price — high/low		26-21			29-24			30-27			32-28			32-21
Percentage change — 2011 vs. 2010:
Sales		7	%		6	%		9	%		1	%		6	%
Operating income		2			(5	)		(1	)		(4	)		(2	)
Net earnings		(8	)		(4	)		4			(0	)		(2	)
Basic net earnings per share		(7	)		(2	)		5			—			(2	)
Diluted net earnings per share		(7	)		(2	)		5			—			(2	)

Financial results are impacted by accounting changes and the adoption of various accounting standards. See Note 2, “Changes in Accounting.”

48

EX-99.3

EXHIBIT 99.3

Quarterly Segment Operating Income for the period ending July 2, 2011 (Unaudited)

     The schedule below presents operating income by segment using the accounting policies that are the same as those disclosed by Sysco within the consolidated financial statements provided in Exhibit 99.2 to this Form 8-K, and the information set forth below should be read in conjunction with Note 19 of such financial statements, which sets forth more detailed information about our segments and the expenses included in corporate expenses.

     Beginning with the third quarter of fiscal 2011, U.S. Meat operations are included in the Broadline segment. The schedule below reflects this change for the 13-week periods ended October 2, 2010 and January 1, 2011.

	Fiscal Year 2011 13-Week Periods Ended
	October 2, 2010			January 1, 2011			April 2, 2011			July 2, 2011			Fiscal Year 2011
Operating income:	(In thousands)
Broadline	$	592,544		$	540,397		$	533,273		$	661,633		$	2,327,847
SYGMA		14,988			14,355			17,382			15,465			62,190
Other		20,988			19,935			29,622			29,677			100,222
Corporate expenses		(122,280	)		(137,662	)		(152,790	)		(146,025	)		(558,757	)
Total operating income	$	506,240		$	437,025		$	427,487		$	560,750		$	1,931,502

XML

Income Taxes (Income Tax Provisions) (Details) (USD $) In Thousands	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Income Taxes [Abstract]
United States federal income tax expense									$ 569,872	$ 542,535	$ 602,595
State and local income tax expense									60,081	80,492	87,223
Foreign income tax expense									45,471	46,579	25,068
Total income tax expense	198,584	146,994	152,092	177,754	210,880	155,773	163,618	139,335	675,424	669,606	714,886
Current income tax expense									840,173	791,120	1,010,595
Deferred income tax expense (benefit)									$ (164,749)	$ (121,514)	$ (295,709)

XML

Plant and Equipment (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Plant and equipment, at cost	$ 6,748,227,000	$ 6,159,986,000
Accumulated depreciation	(3,235,838,000)	(2,956,163,000)
Plant and equipment at cost, less depreciation	3,512,389,000	3,203,823,000	2,979,200,000
Depreciation expense	374,000,000	361,700,000	361,100,000
Business Transformation Project [Member] | Computer Hardware and Software [Member]
Plant and equipment, at cost	356,200,000	181,500,000
Land [Member]
Plant and equipment, at cost	348,168,000	322,626,000
Building and Improvements [Member]
Plant and equipment, at cost	3,227,340,000	2,982,524,000
Estimated useful lives-minimum	10
Estimated useful lives-maximum	30
Fleet and Equipment [Member]
Plant and equipment, at cost	2,275,007,000	2,153,531,000
Estimated useful lives-minimum	3
Estimated useful lives-maximum	10
Computer Hardware and Software [Member]
Plant and equipment, at cost	$ 897,712,000	$ 701,305,000
Estimated useful lives-minimum	3
Estimated useful lives-maximum	7

XML

Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data	Jul. 02, 2011	Jul. 03, 2010
Assets
Allowance for doubtful accounts (in USD)	$ 42,436	$ 36,573
Shareholders' equity
Preferred Stock Par Value (in USD Per Share)	$ 1	$ 1
Preferred Stock Authorized Shares	1,500,000	1,500,000
Preferred Stock Issued Shares	0	0
Common Stock Par Value (in USD Per Share)	$ 1	$ 1
Common Stock Authorized Shares	2,000,000,000	2,000,000,000
Common Stock Issued Shares	765,174,900	765,174,900
Treasury Shares Outstanding	173,597,346	176,768,795

XML

Consolidated Results of Operations (USD $) In Thousands, except Share data	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Consolidated Results of Operations
Sales	$ 10,425,703	$ 9,761,660	$ 9,384,852	$ 9,751,274	$ 10,348,477	$ 8,945,093	$ 8,868,499	$ 9,081,426	$ 39,323,489	$ 37,243,495	$ 36,853,330
Cost of sales	8,471,311	7,929,111	7,623,185	7,905,170	8,344,198	7,242,530	7,153,191	7,315,269	31,928,777	30,055,188	29,743,076
Gross profit	1,954,392	1,832,549	1,761,667	1,846,104	2,004,279	1,702,563	1,715,308	1,766,157	7,394,712	7,188,307	7,110,254
Operating expenses	1,393,642	1,405,062	1,324,642	1,339,864	1,420,193	1,270,460	1,252,957	1,268,829	5,463,210	5,212,439	5,238,043
Operating income	560,750	427,487	437,025	506,240	584,086	432,103	462,351	497,328	1,931,502	1,975,868	1,872,211
Interest expense	30,134	28,972	28,060	31,101	32,501	27,654	31,522	33,800	118,267	125,477	116,322
Other expense (income), net	(4,278)	(6,957)	(1,300)	(1,684)	2,924	1,028	(1,138)	(2,012)	(14,219)	802	(14,945)
Earnings before income taxes	534,894	405,472	410,265	476,823	548,661	403,421	431,967	465,540	1,827,454	1,849,589	1,770,834
Income taxes	198,584	146,994	152,092	177,754	210,880	155,773	163,618	139,335	675,424	669,606	714,886
Net earnings	$ 336,310	$ 258,478	$ 258,173	$ 299,069	$ 337,781	$ 247,648	$ 268,349	$ 326,205	$ 1,152,030	$ 1,179,983	$ 1,055,948
Net earnings:
Basic earnings per share (in USD per share)	$ 0.57	$ 0.44	$ 0.44	$ 0.51	$ 0.57	$ 0.42	$ 0.45	$ 0.55	$ 1.96	$ 1.99	$ 1.77
Diluted earnings per share (in USD per share)	$ 0.57	$ 0.44	$ 0.44	$ 0.51	$ 0.57	$ 0.42	$ 0.45	$ 0.55	$ 1.96	$ 1.99	$ 1.77
Average shares outstanding									586,526,142	592,157,221	595,127,577
Diluted shares outstanding									588,691,546	593,590,042	596,069,204
Dividends declared per common share (in USD per share)	$ 0.26	$ 0.26	$ 0.26	$ 0.25	$ 0.25	$ 0.25	$ 0.25	$ 0.24	$ 1.03	$ 0.99	$ 0.94

XML

Comprehensive Income (Components of Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Comprehensive income	$ 1,372,323	$ 977,718	$ 846,730
Foreign currency translation adjustment, before tax	122,217	49,973	(84,452)
Amortization of cash flow hedge, before tax	696	695	694
Amortization of prior service cost, before tax	4,145	4,394	3,923
Amortization of net actuarial loss (gain), net, before tax	79,564	40,037	17,571
Amortization of transition obligation, before tax	153	153	153
Pension liability assumption, before tax			(26,704)
Prior service (cost) credit arising in current year, before tax	(9,239)		(575)
Net actuarial (loss) gain, net, arising in current year, before tax	83,898	(454,756)	(197,604)
Other comprehensive income (loss), before tax	281,434	(359,504)	(286,994)
Foreign currency translation adjustment, tax	0	0	0
Amortization of cash flow hedge, tax	268	267	266
Amortization of prior service cost, tax	1,592	1,687	1,505
Amortization of net actuarial loss (gain), net, tax	30,551	15,373	6,747
Amortization of transition obligation, tax	60	60	60
Pension liability assumption, tax			(10,254)
Prior service (cost) credit arising in current year, tax	(3,547)		(221)
Net actuarial (loss) gain, net, arising in current year, tax	32,217	(174,626)	(75,879)
Other comprehensive income (loss), tax	61,141	(157,239)	(77,776)
Foreign currency translation adjustment, net of tax	122,217	49,973	(84,452)
Amortization of cash flow hedge, net of tax	428	428	428
Amortization of prior service cost, net of tax	2,553	2,707	2,418
Amortization of net actuarial loss (gain), net, net of tax	49,013	24,664	10,824
Amortization of transition obligation, net of tax	93	93	93
Pension liability assumption, net of tax			(16,450)
Prior service (cost) credit arising in current year, net of tax	(5,692)		(354)
Net actuarial (loss) gain, net, arising in current year, net of tax	51,681	(280,130)	(121,725)
Other comprehensive income (loss), net of tax	$ 220,293	$ (202,265)	$ (209,218)

XML

Self-Insured Liabilities (Details) (Self Insured Liabilities [Member], USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Self Insured Liabilities [Member]
Balance of reserve at beginning of period	$ 128,997	$ 132,551	$ 117,725
Reserve charged to costs and expenses during period	325,540	321,373	328,830
Payments from reserve during period	(324,866)	(324,927)	(314,004)
Balance of reserve at end of period	$ 129,671	$ 128,997	$ 132,551

XML

Income Taxes (Deferred Tax Assets and Liabilities) (Details) (USD $)	Jul. 02, 2011	Jul. 03, 2010
Deferred tax liabilities, deferred supply chain distributions	$ 276,001,000	$ 542,424,000
Deferred tax liabilities, excess tax depreciation and basis differences of assets	384,702,000	288,122,000
Deferred tax liabilities, goodwill and intangible assets	175,747,000	157,943,000
Deferred tax liabilities, other	35,497,000	26,032,000
Total deferred tax liabilities	871,947,000	1,014,521,000
Deferred tax assets, net operating tax loss carryforwards	35,989,000	70,439,000
Deferred tax assets, benefit on unrecognized tax benefits	23,463,000	32,790,000
Deferred tax assets, pension	162,212,000	213,398,000
Deferred tax assets, share-based compensation	61,978,000	54,426,000
Deferred tax assets, deferred compensation	37,659,000	39,823,000
Deferred tax assets, self-insured liabilities	40,454,000	40,623,000
Deferred tax assets, receivables	52,614,000	54,511,000
Deferred tax assets, inventory	54,853,000	47,256,000
Deferred tax assets, other	56,465,000	34,836,000
Total deferred tax assets	525,687,000	588,102,000
Valuation allowances	4,046,000	23,115,000
Total net deferred tax liabilities	350,306,000	449,534,000
State Jurisdiction [Member]
State jurisdiction operating loss carryforward valuation allowance	$ 0	$ 19,800,000

XML

Commitments and Contingencies (Multi-Employer Pension Plans) (Details) (USD $)	12 Months Ended			3 Months Ended	12 Months Ended			3 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009	Apr. 02, 2011 Multi-Employer Plan Withdrawal Liability [Member]	Jul. 02, 2011 Multi-Employer Plan Withdrawal Liability [Member]	Jul. 03, 2010 Multi-Employer Plan Withdrawal Liability [Member]	Jun. 27, 2009 Multi-Employer Plan Withdrawal Liability [Member]	Dec. 27, 2008 Q1 FY09 Multi-Employer Plan Withdrawal and Pension Liability Assumption [Member]	Sep. 27, 2008 Q1 FY09 Multi-Employer Plan Withdrawal and Pension Liability Assumption [Member]	Jun. 28, 2008 Q1 FY09 Multi-Employer Plan Withdrawal and Pension Liability Assumption [Member]
Percentage of employees participating in multi-employer plans	10.00%
Multi-employer plan contributions	$ 32,800,000	$ 51,500,000	$ 48,000,000
Loss contingency, estimate of possible loss					200,000,000
Tax rate for potential IRS non-deductible excise tax					5.00%
Loss contingency, recorded amount					42,400,000					16,500,000
Loss contingency, payments made					0	17,400,000	15,000,000	15,000,000
Pension liability assumption, before tax			(26,704,000)						26,700,000
Loss contingency, provision recorded				$ 36,100,000	$ 41,500,000	$ 2,900,000	$ 9,600,000

XML

Acquisitions

12 Months Ended

Jul. 02, 2011

Acquisitions [Abstract]

Acquisitions

17. ACQUISITIONS

     During fiscal 2011, in the aggregate, the company paid cash of $101.1 million for operations acquired during fiscal 2011 and for contingent consideration related to operations acquired in previous fiscal years. During fiscal 2011, Sysco acquired for cash broadline foodservice operations in central California; Los Angeles, California; Ontario, Canada; Lincoln, Nebraska and Trenton, New Jersey. The fiscal 2011 acquisitions were immaterial, individually and in the aggregate, to the consolidated financial statements.

     Certain acquisitions involve contingent consideration typically payable over periods up to five years only in the event that certain outstanding contingencies are resolved. As of July 2, 2011, aggregate contingent consideration amounts outstanding relating to acquisitions was $56.6 million, of which $46.0 million could result in the recording of additional goodwill.

XML

Share-Based Compensation (Management Incentive Compensation) (Details) (Management Incentive Compensation Plan [Member], Restricted Shares With Post-Vesting Restriction [Member], USD $)	12 Months Ended
	Jun. 27, 2009
Management Incentive Compensation Plan [Member] | Restricted Shares With Post-Vesting Restriction [Member]
Post-vesting restriction period	2 years
Expense discount recorded for post-vesting restriction	12.00%
Equity instruments other than options vested, shares	672,087
Equity instruments other than options vested, weighted average grant date fair value per share (in USD per share)	$ 28.22

XML

Document and Entity Information	12 Months Ended
	Jul. 02, 2011
Document Entity Information [Abstract]
Entity Registrant Name	Sysco Corporation
Entity Central Index Key	0000096021
Document Type	8-K
Amendment Flag	false
Document Period End Date	Jul. 02, 2011

XML

Fair Value Measurements (Details) (USD $)	Jul. 02, 2011	Jul. 03, 2010
Fair value of total debt	$ 2,919,400,000	$ 2,774,900,000
Carrying value of total debt	2,668,523,000	2,480,632,000
Interest rate swap agreements [Member] | Recurring Fair Value Measurements [Member]
Fair value of interest rate swap agreements	13,482,000	11,045,000
Interest rate swap agreements [Member] | Recurring Fair Value Measurements [Member] | Level 1 [Member]
Fair value of interest rate swap agreements	0	0
Interest rate swap agreements [Member] | Recurring Fair Value Measurements [Member] | Level 2 [Member]
Fair value of interest rate swap agreements	13,482,000	11,045,000
Interest rate swap agreements [Member] | Recurring Fair Value Measurements [Member] | Level 3 [Member]
Fair value of interest rate swap agreements	0	0
Recurring Fair Value Measurements [Member]
Fair value of cash equivalents	304,815,000	424,447,000
Fair value of short-term investments		23,511,000
Fair value of restricted cash	110,516,000	124,488,000
Total assets at fair value	428,813,000	583,491,000
Recurring Fair Value Measurements [Member] | Level 1 [Member]
Fair value of cash equivalents	141,350,000	225,400,000
Fair value of short-term investments		0
Fair value of restricted cash	110,516,000	124,488,000
Total assets at fair value	251,866,000	349,888,000
Recurring Fair Value Measurements [Member] | Level 2 [Member]
Fair value of cash equivalents	163,465,000	199,047,000
Fair value of short-term investments		23,511,000
Fair value of restricted cash	0	0
Total assets at fair value	176,947,000	233,603,000
Recurring Fair Value Measurements [Member] | Level 3 [Member]
Fair value of cash equivalents	0	0
Fair value of short-term investments		0
Fair value of restricted cash	0	0
Total assets at fair value	$ 0	$ 0

XML

Supplemental Guarantor Information - Parent Guarantee (Parent Guarantee [Member])

12 Months Ended

Jul. 02, 2011

Parent Guarantee [Member]

Supplemental Guarantor Information - Parent Guarantee

20. SUPPLEMENTAL GUARANTOR INFORMATION — PARENT GUARANTEE

     Sysco International, ULC. is an unlimited liability company organized under the laws of the Province of British Columbia, Canada and is a wholly-owned subsidiary of Sysco. In May 2002, Sysco International, Co., now known as Sysco International ULC, issued, in a private offering, $200.0 million of 6.10% notes due in 2012 (see Note 10, "Debt"). In December 2002, these notes were exchanged for substantially identical notes in an exchange offer registered under the Securities Act of 1933. These notes are fully and unconditionally guaranteed by Sysco. Sysco International, ULC. is a holding company with no significant sources of income or assets, other than its equity interests in its subsidiaries and interest income from loans made to its subsidiaries. The proceeds from the issuance of the 6.10% notes were used to repay commercial paper issued to fund the fiscal 2002 acquisition of a Canadian broadline foodservice operation.

     The following condensed consolidating financial statements present separately the financial position, results of operations and cash flows of the parent guarantor (Sysco), the subsidiary issuer (Sysco International) and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis and eliminating entries.

	Condensed Consolidating Balance Sheet
	July 2, 2011
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
					(In thousands)
Current assets	$	354,450	$	34	$	5,378,398		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		371,866		128,461			(14,514,896	)		—
Plant and equipment, net		569,567		—		2,942,822			—			3,512,389
Other assets		378,317		329		1,761,638			—			2,140,284
Total assets	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555
Current liabilities	$	430,300	$	201,016	$	2,943,759		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		9,301		(7,809,555	)		—			—
Long-term debt		2,227,483		—		52,034			—			2,279,517
Other liabilities		405,376		—		420,345			—			825,721
Shareholders' equity		4,453,490		161,912		14,604,736			(14,514,896	)		4,705,242
Total liabilities and shareholders' equity	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	July 3, 2010
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
					(In thousands)
Current assets	$	417,336	$	33	$	4,658,889		$	—		$	5,076,258
Investment in subsidiaries		15,265,792		465,641		142,925			(15,874,358	)		—
Plant and equipment, net		425,279		—		2,778,544			—			3,203,823
Other assets		362,658		597		1,670,365			—			2,033,620
Total assets	$	16,471,065	$	466,271	$	9,250,723		$	(15,874,358	)	$	10,313,701
Current liabilities	$	444,274	$	1,114	$	2,563,810		$	—		$	3,009,198
Intercompany payables (receivables)		9,691,238		73,124		(9,764,362	)		—			—
Long-term debt		2,225,781		199,881		47,000			—			2,472,662
Other liabilities		411,781		—		592,534			—			1,004,315
Shareholders' equity		3,697,991		192,152		15,811,741			(15,874,358	)		3,827,526
Total liabilities and shareholders' equity	$	16,471,065	$	466,271	$	9,250,723		$	(15,874,358	)	$	10,313,701

	Condensed Consolidating Results of Operations
	Year Ended July 2, 2011
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	39,323,489		$	—		$	39,323,489
Cost of sales		—			—			31,928,777			—			31,928,777
Gross profit		—			—			7,394,712			—			7,394,712
Operating expenses		535,224			127			4,927,859			—			5,463,210
Operating income (loss)		(535,224	)		(127	)		2,466,853			—			1,931,502
Interest expense (income)		453,593			10,973			(346,299	)		—			118,267
Other expense (income), net		(5,581	)		—			(8,638	)		—			(14,219	)
Earnings (losses) before income taxes		(983,236	)		(11,100	)		2,821,790			—			1,827,454
Income tax (benefit) provision		(363,403	)		(4,103	)		1,042,930			—			675,424
Equity in earnings of subsidiaries		1,771,863			60,758			—			(1,832,621	)		—
Net earnings	$	1,152,030		$	53,761		$	1,778,860		$	(1,832,621	)	$	1,152,030

	Condensed Consolidating Results of Operations
	Year Ended July 3, 2010
	(53 Weeks)
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	37,243,495		$	—		$	37,243,495
Cost of sales		—			—			30,055,188			—			30,055,188
Gross profit		—			—			7,188,307			—			7,188,307
Operating expenses		500,823			112			4,711,504			—			5,212,439
Operating income (loss)		(500,823	)		(112	)		2,746,803			—			1,975,868
Interest expense (income)		496,410			10,961	)		(381,894	)		—			125,477
Other expense (income), net		5,546			—			(4,744	)		—			802
Earnings (losses) before income taxes		(1,002,779	)		(11,073	)		2,863,441			—			1,849,589
Income tax (benefit) provision		(363,029	)		(4,009	)		1,036,644			—			669,606
Equity in earnings of subsidiaries		1,819,733			38,342			—			(1,858,075	)		—
Net earnings	$	1,179,983		$	31,278		$	1,826,797		$	(1,858,075	)	$	1,179,983

	Condensed Consolidating Results of Operations
	Year Ended June 27, 2009
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	36,853,330		$	—		$	36,853,330
Cost of sales		—			—			29,743,076			—			29,743,076
Gross profit		—			—			7,110,254			—			7,110,254
Operating expenses		452,959			117			4,784,967			—			5,238,043
Operating income (loss)		(452,959	)		(117	)		2,325,287			—			1,872,211
Interest expense (income)		476,238			11,142			(371,058	)		—			116,322
Other (income), net		(3,273	)		—			(11,672	)		—			(14,945	)
Earnings (losses) before income taxes		(925,924	)		(11,259	)		2,708,017			—			1,770,834
Income tax (benefit) provision		(373,797	)		(4,545	)		1,093,228			—			714,886
Equity in earnings of subsidiaries		1,608,075			44,626			—			(1,652,701	)		—
Net earnings	$	1,055,948		$	37,912		$	1,614,789		$	(1,652,701	)	$	1,055,948

	Condensed Consolidating Cash Flows
	Year Ended July 2, 2011
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(491,211	)	$	54,049		$	1,528,680		$	1,091,518
Investing activities		(203,090	)		—			(476,466	)		(679,556	)
Financing activities		(555,282	)		—			177,375			(377,907	)
Effect of exchange rate on cash		—			—			20,267			20,267
Intercompany activity		1,181,573			(54,049	)		(1,127,524	)		—
Net (decrease) increase in cash		(68,010	)		—			122,332			54,322
Cash at the beginning of the period		373,523			—			211,920			585,443
Cash at the end of the period	$	305,513		$	—		$	334,252		$	639,765

	Condensed Consolidating Cash Flows
	Year Ended July 3, 2010
	(53 Weeks)
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(649,277	)	$	31,739		$	1,502,966		$	885,428
Investing activities		(225,565	)		—			(430,755	)		(656,320	)
Financing activities		(664,236	)		—			(2,794	)		(667,030	)
Effect of exchange rate on cash		—			—			4,714			4,714
Intercompany activity		1,013,405			(31,739	)		(981,666	)		—
Net (decrease) increase in cash		(525,673	)		—			92,465			(433,208	)
Cash at the beginning of the period		899,196			—			119,455			1,018,651
Cash at the end of the period	$	373,523		$	—		$	211,920		$	585,443

	Condensed Consolidating Cash Flows
	Year Ended June 27, 2009
							Other
				Sysco			Non-Guarantor
	Sysco			International			Subsidiaries			Consolidated Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(493,984	)	$	38,340		$	2,032,393		$	1,576,749
Investing activities		(82,684	)		—			(575,979	)		(658,663	)
Financing activities		(380,564	)		—			921			(379,643	)
Effect of exchange rate on cash		—			—			334			334
Intercompany activity		1,369,782			(38,340	)		(1,331,442	)		—
Net increase in cash		412,550			—			126,227			538,777
Cash at the beginning of the period		486,646			—			(6,772	)		479,874
Cash at the end of the period	$	899,196		$	—		$	119,455		$	1,018,651

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Summary of Accounting Policies (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jul. 02, 2011 years properties customers	Jul. 03, 2010	Jun. 27, 2009
Summary of Accounting Policies [Abstract]
Number of customers	400,000
Number of distribution facilities	177
Captialized interest	$ 13.9	$ 10.0	$ 3.5
Cash surrender value of corporate-owned life insurance	231.3	203.2
Shipping and handling costs	$ 2,222.1	$ 2,103.3	$ 2,136.8

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Share-Based Compensation (Non-Employee Director Awards) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Elected Shares [Member]
Equity instruments other than options vested, shares	27,979	23,111	21,966
Equity instruments other than options vested, weighted average grant date fair value per share (in USD per share)	$ 29.26	$ 24.42	$ 27.49
Matching percentage of shares received in the stock election	50.00%
Elected Shares [Member] | 2009 Non-Employee Directors Stock Plan [Member]
Maximum percentage of annual director fees that can be received in common stock	100.00%
Elected Shares [Member] | Previous Non-Employee Director Stock Plans [Member]
Maximum percentage of annual director fees that can be received in common stock	50.00%
Director Restricted Award [Member]
Equity instruments other than options granted, shares	60,973	58,310	65,631
Equity instruments other than options granted, award vesting period	one-year period	three-year period	three-year period
Equity instruments other than options granted, weighted average grant date fair value per share	$ 28.87	$ 27.44	$ 24.99

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Plant and Equipment

12 Months Ended

Jul. 02, 2011

Property, Plant and Equipment [Abstract]

Plant and Equipment

6. PLANT AND EQUIPMENT

     A summary of plant and equipment, including the related accumulated depreciation, appears below:

							Estimated Useful
	July 2, 2011			July 3, 2010			Lives
	(In thousands)
Plant and equipment, at cost:
Land	$	348,168		$	322,626
Buildings and improvements		3,227,340			2,982,524		10-30 years
Fleet and equipment		2,275,007			2,153,531		3-10 years
Computer hardware and software		897,712			701,305		3-7 years
		6,748,227			6,159,986
Accumulated depreciation		(3,235,838	)		(2,956,163	)
Net plant and equipment	$	3,512,389		$	3,203,823

     The capitalized direct costs for the internal use software portion of the company's Business Transformation Project are included within "computer hardware and software" in the table above in the amount of $356.2 million and $181.5 million as of July 2, 2011 and July 3, 2010, respectively.

     Depreciation expense, including capital leases, for the past three years was $374.0 million in 2011, $361.7 million in 2010 and $361.1 million in 2009.

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Supplemental Guarantor Information - Subsidiary Guarantees (Subsidiary Guarantee [Member])

12 Months Ended

Jul. 02, 2011

Subsidiary Guarantee [Member]

Supplemental Guarantor Information - Subsidiary Guarantees

21. SUPPLEMENTAL GUARANTOR INFORMATION – SUBSIDIARY GUARANTEES

     On January 19, 2011, the wholly-owned U.S. Broadline subsidiaries of Sysco Corporation entered into full and unconditional guarantees of all outstanding senior notes and debentures of Sysco Corporation. As of July 2, 2011, Sysco had a total of approximately $2,225.0 million in senior notes and debentures outstanding that are covered by this guarantee.

     The following condensed consolidating financial statements present separately the financial position, results of operations and cash flows of the parent issuer (Sysco Corporation), the guarantors (U.S. Broadline subsidiaries) and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis with eliminating entries.

	Condensed Consolidating Balance Sheet
	July 2, 2011
			U.S.			Other
			Broadline			Non-Guarantor						Consolidated
	Sysco		Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	354,450	$	3,476,921		$	1,901,511		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		—			—			(14,014,569	)		—
Plant and equipment, net		569,567		1,794,473			1,148,349			—			3,512,389
Other assets		378,317		519,664			1,242,303			—			2,140,284
Total assets	$	15,316,903	$	5,791,058		$	4,292,163		$	(14,014,569	)	$	11,385,555
Current liabilities	$	430,300	$	840,586		$	2,304,189		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		(7,701,021	)		(99,233	)		—			—
Long-term debt		2,227,483		26,542			25,492			—			2,279,517
Other liabilities		405,376		343,427			76,918			—			825,721
Shareholders' equity		4,453,490		12,281,524			1,984,797			(14,014,569	)		4,705,242
Total liabilities and shareholders' equity	$	15,316,903	$	5,791,058		$	4,292,163		$	(14,014,569	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	July 3, 2010
			U.S.			Other
			Broadline			Non-Guarantor						Consolidated
	Sysco		Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	417,336	$	3,165,121		$	1,493,801		$	—		$	5,076,258
Investment in subsidiaries		15,265,792		—			—			(15,265,792	)		—
Plant and equipment, net		425,279		1,762,580			1,015,964			—			3,203,823
Other assets		362,658		484,887			1,186,075			—			2,033,620
Total assets	$	16,471,065	$	5,412,588		$	3,695,840		$	(15,265,792	)	$	10,313,701
Current liabilities	$	444,274	$	918,449		$	1,646,475		$	—		$	3,009,198
Intercompany payables (receivables)		9,691,238		(9,674,808	)		(16,430	)		—			—
Long-term debt		2,225,781		18,860			228,021			—			2,472,662
Other liabilities		411,781		491,528			101,006			—			1,004,315
Shareholders' equity		3,697,991		13,658,559			1,736,768			(15,265,792	)		3,827,526
Total liabilities and shareholders' equity	$	16,471,065	$	5,412,588		$	3,695,840		$	(15,265,792	)	$	10,313,701

	Condensed Consolidating Results of Operations
	Year Ended July 2, 2011
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	27,138,172		$	12,861,426		$	(676,109	)	$	39,323,489
Cost of sales		—			21,591,829			10,923,446			(586,498	)		31,928,777
Gross profit		—			5,546,343			1,937,980			(89,611	)		7,394,712
Operating expenses		535,224			3,455,148			1,562,449			(89,611	)		5,463,210
Operating income (loss)		(535,224	)		2,091,195			375,531			—			1,931,502
Interest expense (income)		453,593			(332,561	)		(2,765	)		—			118,267
Other expense (income), net		(5,581	)		(4,636	)		(4,002	)		—			(14,219	)
Earnings (losses) before income taxes		(983,236	)		2,428,392			382,298			—			1,827,454
Income tax (benefit) provision		(363,403	)		897,529			141,298			—			675,424
Equity in earnings of subsidiaries		1,771,863			—			—			(1,771,863	)		—
Net earnings	$	1,152,030		$	1,530,863		$	241,000		$	(1,771,863	)	$	1,152,030

	Condensed Consolidating Results of Operations
	Year Ended July 3, 2010
	(53 Weeks)
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	25,966,566		$	11,821,286		$	(544,357	)	$	37,243,495
Cost of sales		—			20,499,083			10,015,733			(459,628	)		30,055,188
Gross profit		—			5,467,483			1,805,553			(84,729	)		7,188,307
Operating expenses		500,823			3,342,934			1,453,411			(84,729	)		5,212,439
Operating income (loss)		(500,823	)		2,124,549			352,142			—			1,975,868
Interest expense (income)		496,410			(374,203	)		3,270			—			125,477
Other expense (income), net		5,546			(3,201	)		(1,543	)		—			802
Earnings (losses) before income taxes		(1,002,779	)		2,501,953			350,415			—			1,849,589
Income tax (benefit) provision		(363,029	)		905,774			126,861			—			669,606
Equity in earnings of subsidiaries		1,819,733			—			—			(1,819,733	)		—
Net earnings	$	1,179,983		$	1,596,179		$	223,554		$	(1,819,733	)	$	1,179,983

	Condensed Consolidating Results of Operations
	Year Ended June 27, 2009
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	26,013,529		$	11,301,822		$	(462,021	)	$	36,853,330
Cost of sales		—			20,518,593			9,611,706			(387,223	)		29,743,076
Gross profit		—			5,494,936			1,690,116			(74,798	)		7,110,254
Operating expenses		452,959			3,448,636			1,411,246			(74,798	)		5,238,043
Operating income (loss)		(452,959	)		2,046,300			278,870			—			1,872,211
Interest expense (income)		476,238			(365,999	)		6,083			—			116,322
Other expense (income), net		(3,273	)		(5,563	)		(6,109	)		—			(14,945	)
Earnings (losses) before income taxes		(925,924	)		2,417,862			278,896			—			1,770,834
Income tax (benefit) provision		(373,797	)		976,091			112,592			—			714,886
Equity in earnings of subsidiaries		1,608,075			—			—			(1,608,075	)		—
Net earnings	$	1,055,948		$	1,441,771		$	166,304		$	(1,608,075	)	$	1,055,948

	Condensed Consolidating Cash Flows
	Year Ended July 2, 2011
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(491,211	)	$	1,243,884		$	338,845		$	1,091,518
Investing activities		(203,090	)		(318,382	)		(158,084	)		(679,556	)
Financing activities		(555,282	)		1,263			176,112			(377,907	)
Effect of exchange rate on cash		—			—			20,267			20,267
Intercompany activity		1,181,573			(926,546	)		(255,027	)		—
Net (decrease) increase in cash		(68,010	)		219			122,113			54,322
Cash at the beginning of the period		373,523			31,935			179,985			585,443
Cash at the end of the period	$	305,513		$	32,154		$	302,098		$	639,765

	Condensed Consolidating Cash Flows
	Year Ended July 3, 2010
	(53 Weeks)
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(649,277	)	$	1,239,657		$	295,048		$	885,428
Investing activities		(225,565	)		(228,769	)		(201,986	)		(656,320	)
Financing activities		(664,236	)		559			(3,353	)		(667,030	)
Effect of exchange rate on cash		—			—			4,714			4,714
Intercompany activity		1,013,405			(1,011,728	)		(1,677	)		—
Net (decrease) increase in cash		(525,673	)		(281	)		92,746			(433,208	)
Cash at the beginning of the period		899,196			32,216			87,239			1,018,651
Cash at the end of the period	$	373,523		$	31,935		$	179,985		$	585,443

	Condensed Consolidating Cash Flows
	Year Ended June 27, 2009
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(493,984	)	$	1,752,869		$	317,864		$	1,576,749
Investing activities		(82,684	)		(296,933	)		(279,046	)		(658,663	)
Financing activities		(380,564	)		1,060			(139	)		(379,643	)
Effect of exchange rate on cash		—			—			334			334
Intercompany activity		1,369,782			(1,458,992	)		89,210			—
Net increase (decrease) in cash		412,550			(1,996	)		128,223			538,777
Cash at the beginning of the period		486,646			34,212			(40,984	)		479,874
Cash at the end of the period	$	899,196		$	32,216		$	87,239		$	1,018,651

XML

Business Segment Information (Tables)

12 Months Ended

Jul. 02, 2011

Business Segment Information [Abstract]

Business segment table

	Fiscal Year
				2010
	2011			(53 Weeks)			2009
				(In thousands)
Sales:
Broadline	$	31,924,473		$	30,381,283		$	29,972,991
SYGMA		5,341,094			4,891,279			4,839,036
Other		2,238,796			2,129,862			2,160,043
Intersegment sales		(180,874	)		(158,929	)		(118,740	)
Total	$	39,323,489		$	37,243,495		$	36,853,330
Operating income:
Broadline	$	2,327,847		$	2,352,493		$	2,225,065
SYGMA		62,190			49,057			32,435
Other		100,222			87,667			68,729
Total segments		2,490,259			2,489,217			2,326,229
Corporate expenses		(558,757	)		(513,349	)		(454,018	)
Total operating income		1,931,502			1,975,868			1,872,211
Interest expense		118,267			125,477			116,322
Other expense (income), net		(14,219	)		802			(14,945	)
Earnings before income taxes	$	1,827,454		$	1,849,589		$	1,770,834
Depreciation and amortization:
Broadline	$	291,756		$	283,167		$	273,844
SYGMA		24,975			23,822			26,753
Other		25,131			26,861			29,311
Total segments		341,862			333,850			329,908
Corporate		60,726			56,126			52,431
Total	$	402,588		$	389,976		$	382,339
Capital expenditures:
Broadline	$	353,296		$	407,340		$	346,520
SYGMA		38,612			25,436			5,053
Other		20,228			11,743			36,887
Total segments		412,136			444,519			388,460
Corporate		224,306			150,085			76,101
Total	$	636,442		$	594,604		$	464,561
Assets:
Broadline	$	7,220,046		$	6,402,181		$	5,814,432
SYGMA		456,204			392,883			366,539
Other		814,174			754,409			738,330
Total segments		8,490,424			7,549,473			6,919,301
Corporate		2,895,131			2,764,228			3,228,885
Total	$	11,385,555		$	10,313,701		$	10,148,186

Product sales mix table

			2010
	2011		(53 Weeks)		2009
			(In thousands)
Canned and dry products	$	7,308,893	$	7,152,628	$	7,091,420
Fresh and frozen meats		7,163,505		6,405,820		6,394,447
Frozen fruits, vegetables, bakery and other		5,337,625		5,220,307		5,122,415
Dairy products		4,145,350		3,709,410		3,750,684
Poultry		3,912,510		3,862,486		3,709,553
Fresh produce		3,345,929		3,179,947		3,017,018
Paper and disposables		3,055,862		2,906,426		2,911,029
Seafood		1,929,417		1,739,949		1,740,292
Beverage products		1,478,456		1,408,376		1,322,300
Janitorial products		902,636		907,189		940,097
Equipment and smallwares		581,628		599,267		661,309
Medical supplies		161,678		151,690		192,766
Total	$	39,323,489	$	37,243,495	$	36,853,330

Geographic area revenue and long-lived assets table

	Fiscal Year
			2010
	2011		(53 Weeks)		2009
			(In thousands)
Sales:(1)
United States	$	34,992,273	$	33,268,481	$	33,378,485
Canada		3,864,420		3,550,605		3,134,989
Other		466,796		424,409		339,856
Total	$	39,323,489	$	37,243,495	$	36,853,330
Long-lived assets:(2)
United States	$	3,161,724	$	2,884,728	$	2,725,200
Canada		321,185		291,514		223,320
Other		29,480		27,581		30,680
Total	$	3,512,389	$	3,203,823	$	2,979,200

(1)	Represents sales to external customers from businesses operating in these countries.
(2)	Long-lived assets represents net property, plant and equipment reported in the country in which they are held.

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Employee Benefit Plans (Tables)

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Defined benefit plans funded status table

	Pension Benefits						Other Postretirement Plans
	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	2,212,304		$	1,551,944		$	8,461		$	7,197
Service cost		99,443			66,650			396			328
Interest cost		134,973			119,593			524			562
Amendments		8,252			—			987			—
Recognized net actuarial loss		121,913			523,432			157			734
Total disbursements		(60,225	)		(49,315	)		287			(360	)
Benefit obligation at end of year		2,516,660			2,212,304			10,812			8,461
Change in plan assets:
Fair value of plan assets at beginning of year		1,666,972			1,244,085			—			—
Actual return on plan assets		337,889			174,269			—			—
Employer contribution		161,677			297,933			(287	)		360
Total disbursements		(60,225	)		(49,315	)		287			(360	)
Fair value of plan assets at end of year		2,106,313			1,666,972			—			—
Funded status at end of year	$	(410,347	)	$	(545,332	)	$	(10,812	)	$	(8,461	)

Defined benefit plans amounts recognized in balance sheet table

	Pension Benefits						Other Postretirement Plans
	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
	(In thousands)
Current accrued benefit liability (Accrued expenses)	$	(22,426	)	$	(21,574	)	$	(336	)	$	(333	)
Non-current accrued benefit liability (Other long-term liabilities)		(387,921	)		(523,758	)		(10,476	)		(8,128	)
Net amount recognized	$	(410,347	)	$	(545,332	)	$	(10,812	)	$	(8,461	)

Defined benefit plans amounts recognized in accumulated other comprehensive loss (income) table

			Other
	Pension Benefits		Postretirement Plans			Total
		(In thousands)
Prior service cost	$	32,187	$	1,450		$	33,637
Net actuarial losses (gains)		784,382		(4,798	)		779,584
Transition obligation		—		294			294
Total	$	816,569	$	(3,054	)	$	813,515

			Other
	Pension Benefits		Postretirement Plans			Total
	(In thousands)
Prior service cost	$	27,895	$	648		$	28,543
Net actuarial losses (gains)		948,389		(5,343	)		943,046
Transition obligation		—		447			447
Total	$	976,284	$	(4,248	)	$	972,036

Defined benefit plans with accumulated/aggregate benefit obligation in excess of fair value of plan assets table

Pension Benefits					Other Postretirement Plans
	July 2, 2011(1)		July 3, 2010(1)			July 2, 2011		July 3, 2010
	(In thousands)
Accumulated benefit obligation/aggregate benefit obligation	$	2,325,171	$	2,051,115		$	10,812	$	8,461
Fair value of plan assets at end of year		2,106,313		1,666,972			—		—

⁽¹⁾ Information under Pension Benefits as of July 2, 2011 and July 3, 2010 includes both the Retirement Plan and the SERP.

Defined benefit plans amounts included accumulated other comprehensive loss (income) that are expected to be recognized in net company-sponsored benefit cost in next fiscal year table

		Other
	Pension Benefits		Postretirement Plans			Total
	(In thousands)
Amortization of prior service cost	$	4,805	$	215		$	5,020
Amortization of net actuarial losses (gains)		60,166		(331	)		59,835
Amortization of transition obligation		—		153			153
Total	$	64,971	$	37		$	65,008

Defined benefit plans estimated future benefit payments table

			Other
	Pension Benefits		Postretirement Plans
	(In thousands)
2012	$	65,259	$	346
2013		71,326		455
2014		79,496		638
2015		88,530		802
2016		99,221		957
Subsequent five years		680,580		5,697

Defined benefit plans weighted average assumptions used in calculating benefit obligations table

	July 2, 2011			July 3, 2010
Discount rate — Retirement Plan		5.94	%		6.15	%
Discount rate — SERP		5.93			6.35
Discount rate — Other Postretirement Plans		5.94			6.32
Rate of compensation increase — Retirement Plan		5.30			5.30

Defined benefit plans weighted average assumptions used in calculating net periodic benefit costs table

	2011			2010			2009
Discount rate — Retirement Plan		6.15	%		8.02	%		6.94	%
Discount rate — SERP		6.35			7.14			7.03
Discount rate — Other Postretirement Plans		6.32			8.02			6.94
Expected rate of return — Retirement Plan		8.00			8.00			8.00
Rate of compensation increase — Retirement Plan		5.30			5.21			6.17

Pension Benefits [Member]

Defined benefit plans components of net benefit cost table

				2010
	2011			(53 Weeks)			2009
	(In thousands)
Service cost	$	99,443		$	66,650		$	80,899
Interest cost		134,973			119,593			113,715
Expected return on plan assets		(131,921	)		(104,860	)		(127,422	)
Amortization of prior service cost		3,960			4,209			3,793
Amortization of net actuarial loss		79,952			40,526			17,729
Net pension costs	$	186,407		$	126,118		$	88,714

Defined benefit plans other changes in plan assets and benefit obligations recognized in other comprehensive (loss) income table

	Pension Benefits
				2010
	2011			(53 Weeks)			2009
	(In thousands)
Amortization of prior service cost	$	3,960		$	4,209		$	3,793
Amortization of net actuarial loss		79,952			40,526			17,729
Pension liability assumption (prior service cost)		—			—			(26,704	)
Prior service cost arising in current year		(8,252	)		—			(48	)
Net actuarial gain (loss) arising in current year		84,055			(454,023	)		(201,417	)
Net pension costs	$	159,715		$	(409,288	)	$	(206,647	)

Other Postretirement Plans [Member]

Defined benefit plans components of net benefit cost table

				2010
	2011			(53 Weeks)			2009
	(In thousands)
Service cost	$	396		$	328		$	490
Interest cost		524			562			624
Amortization of prior service cost		185			185			130
Amortization of net actuarial gain		(388	)		(490	)		(158	)
Amortization of transition obligation		153			153			153
Net other postretirement benefit costs	$	870		$	738		$	1,239

Defined benefit plans other changes in plan assets and benefit obligations recognized in other comprehensive (loss) income table

	Other Postretirement Plans
				2010
	2011			(53 Weeks)			2009
	(In thousands)
Amortization of prior service cost	$	185		$	185		$	130
Amortization of net actuarial gain		(388	)		(490	)		(158	)
Amortization of transition obligation		153			153			153
Prior service cost arising in current year		(987	)		—			(527	)
Net actuarial (loss) gain arising in current year		(157	)		(733	)		3,813
Net pension costs	$	(1,194	)	$	(885	)	$	3,411

Qualified pension plan [Member]

Defined benefit plans target and actual asset allocation table

	Target Asset
	Allocation			Actual Asset
	Range			Allocation
U.S. equity		23-31	%		33	%
International equity		23-31			28
Core fixed income		11-17			15
Long duration fixed income		10-18			13
High yield fixed income		6-12			9
Alternative investments		5-15			2
					100	%

Defined benefit plans fair value of plans assets by major category table

	Assets Measured at Fair Value as of July 2, 2011
	Level 1			Level 2			Level 3		Total
				(In thousands)
Cash and cash equivalents 1	$	—		$	112,217		$	—	$	112,217
U.S. equity:
U.S. large-cap 1		139,048			357,712			—		496,760
U.S. small-to-mid-cap		166,890			—			—		166,890
International equity 2		117,655			455,811			—		573,466
Core fixed income:
U.S. government and agency securities		—			62,691			—		62,691
Corporate bonds 1		—			79,974			—		79,974
Asset-backed securities		—			8,704			—		8,704
Mortgage-backed securities, net 3		—			129,941			—		129,941
Other 1		—			17,905			—		17,905
Derivatives, net 4		(34	)		(340	)		—		(374	)
Long duration fixed income:
U.S. government and agency securities		—			79,970			—		79,970
Corporate bonds		—			139,916			—		139,916
Asset-backed securities		—			1,870			—		1,870
Mortgage-backed securities		—			11,810			—		11,810
Other 1		—			39,997			—		39,997
Derivatives, net 5		280			512			—		792
High yield fixed income 2		—			191,583			—		191,583
Alternative investments:
Real estate 2		—			—			30,615		30,615
Private equity 2		—			—			1,480		1,480
Total investments at fair value	$	423,839		$	1,690,273		$	32,095	$	2,146,207
Other 6										(39,894	)
Fair value of plan assets at end of year									$	2,106,313

1	Include direct investments and investment funds.
2	Include investments in investment funds only.
3	Include direct investments, investment funds and forward settling sales.
4	Include credit default swaps, interest rate swaps, and futures. The fair value of asset positions totaled $8.6 million; the fair value of liability positions totaled $9.0 million.
5	Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $1.1 million; the fair value of liability positions totaled $0.3 million.
6	Include primarily plan receivables and payables, net.

	Assets Measured at Fair Value as of July 3, 2010
	Level 1		Level 2		Level 3		Total
			(In thousands)
Cash and cash equivalents 1	$	—	$	71,327	$	—	$	71,327
U.S. equity:
U.S. large-cap 1		259,621		161,228		—		420,849
U.S. small-to-mid-cap		172,930		—		—		172,930
International equity 2		—		285,184		—		285,184
Fixed income long duration:
U.S. government and agency securities		—		178,097		—		178,097
Corporate bonds 1		—		225,412		—		225,412
Asset-backed securities		—		12,108		—		12,108
Mortgage-backed securities, net 3		—		124,312		—		124,312
Other 1		—		48,452		—		48,452
Derivatives, net 4		600		991		—		1,591
Fixed income high yield 2		—		120,984		—		120,984
Alternative investments:
Real estate 2		—		—		17,065		17,065
Total investments at fair value	$	433,151	$	1,228,095	$	17,065	$	1,678,311
Other 5								(11,339	)
Fair value of plan assets at end of year							$	1,666,972

1	Include direct investments and investment funds.
2	Include investments in investment funds only.
3	Include direct investments, investment funds and forward settling sales.
4	Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $13.5 million; the fair value of liability positions totaled $11.9 million.
5	Include primarily plan receivables and payables, net.

Defined benefit plans rollforward of Level 3 plan assets table

	Real Estate			Private Equity		Total Level 3
	Fund			Funds		Measurements
	(In thousands)
Balance, June 27, 2009	$	14,839		$	—	$	14,839
Actual return on plan assets:
Relating to assets still held at the reporting date		(1,545	)		—		(1,545	)
Relating to assets sold during the period		(15	)		—		(15	)
Purchases and sales, net		3,786			—		3,786
Transfers in and/or out of Level 3		—			—		—
Balance, July 3, 2010	$	17,065		$	—	$	17,065
Actual return on plan assets:
Relating to assets still held at the reporting date		3,371			72		3,443
Relating to assets sold during the period		—			—		—
Purchases and sales, net		10,179			1,408		11,587
Transfers in and/or out of Level 3		—			—		—
Balance, July 2, 2011	$	30,615		$	1,480	$	32,095

XML

Business Segment Information (Geographic Area) (Details) (USD $) In Thousands	3 Months Ended										12 Months Ended
	Jul. 02, 2011		Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010		Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011		Jul. 03, 2010		Jun. 27, 2009
Total sales	$ 10,425,703		$ 9,761,660	$ 9,384,852	$ 9,751,274	$ 10,348,477		$ 8,945,093	$ 8,868,499	$ 9,081,426	$ 39,323,489		$ 37,243,495		$ 36,853,330
Long-lived assets held in each geographical area	3,512,389					3,203,823					3,512,389		3,203,823		2,979,200
United States [Member]
Total sales											34,992,273	[1]	33,268,481	[1]	33,378,485	[1]
Long-lived assets held in each geographical area	3,161,724	[2]				2,884,728	[2]				3,161,724	[2]	2,884,728	[2]	2,725,200	[2]
Canada [Member]
Total sales											3,864,420	[1]	3,550,605	[1]	3,134,989	[1]
Long-lived assets held in each geographical area	321,185	[2]				291,514	[2]				321,185	[2]	291,514	[2]	223,320	[2]
Other Geographic Areas [Member]
Total sales											466,796	[1]	424,409	[1]	339,856	[1]
Long-lived assets held in each geographical area	$ 29,480	[2]				$ 27,581	[2]				$ 29,480	[2]	$ 27,581	[2]	$ 30,680	[2]

[1] Represents sales to external customers from businesses operating in these countries.

[2] Long-lived assets represents net property, plant and equipment reported in the country in which they are held.

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Business Segment Information

12 Months Ended

Jul. 02, 2011

Business Segment Information [Abstract]

Business Segment Information

19. BUSINESS SEGMENT INFORMATION

     The company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are reportable segments as defined in the accounting literature related to disclosures about segments of an enterprise. The Broadline reportable segment is an aggregation of the company's United States, Canadian and European Broadline segments. Broadline operating companies distribute a full line of food products and a wide variety of non-food products to its customers. SYGMA operating companies distribute a full line of food products and a wide variety of non-food products to certain chain restaurant customer locations. "Other" financial information is attributable to the company's other operating segments, including the company's specialty produce and lodging industry segments and a company that distributes to international customers.

     Beginning in the first quarter of fiscal 2012, operating segment results no longer include certain centrally incurred costs for corporate overhead and shared services due to a change in how management evaluates the performance of each of the operating segments. Previously, these centrally incurred costs were charged to the segments based upon the relative level of service used by each operating segment. Management now evaluates the performance of each of our operating segments based on its respective operating income results, which excludes the allocation of certain centrally incurred costs. This results in higher operating income at an operating segment level and higher corporate expenses. Segment reporting for the comparable prior year period has been revised to conform to the new basis of determining segment operating income without the allocation of certain centrally incurred costs. Corporate expenses generally include all expenses of the corporate office and Sysco's shared service center. These also include all share-based compensation costs and expenses related to the company's Business Transformation Project.

     Beginning in the third quarter of fiscal 2011, the company's custom-cut meat operations were reorganized to function as part of the United States Broadline segment. As a result, the custom-cut meat operations are included in the Broadline reportable segment in the segment reporting presented below. Previously, these operations were an independent segment and were presented with the

"Other" financial information relating to non-reportable segments. Segment reporting for the comparable prior year periods has been revised to conform to the new classification of the custom-cut meat operations as part of the Broadline reportable segment.

     The following table sets forth the financial information for Sysco's business segments:

	Fiscal Year
				2010
	2011			(53 Weeks)			2009
				(In thousands)
Sales:
Broadline	$	31,924,473		$	30,381,283		$	29,972,991
SYGMA		5,341,094			4,891,279			4,839,036
Other		2,238,796			2,129,862			2,160,043
Intersegment sales		(180,874	)		(158,929	)		(118,740	)
Total	$	39,323,489		$	37,243,495		$	36,853,330
Operating income:
Broadline	$	2,327,847		$	2,352,493		$	2,225,065
SYGMA		62,190			49,057			32,435
Other		100,222			87,667			68,729
Total segments		2,490,259			2,489,217			2,326,229
Corporate expenses		(558,757	)		(513,349	)		(454,018	)
Total operating income		1,931,502			1,975,868			1,872,211
Interest expense		118,267			125,477			116,322
Other expense (income), net		(14,219	)		802			(14,945	)
Earnings before income taxes	$	1,827,454		$	1,849,589		$	1,770,834
Depreciation and amortization:
Broadline	$	291,756		$	283,167		$	273,844
SYGMA		24,975			23,822			26,753
Other		25,131			26,861			29,311
Total segments		341,862			333,850			329,908
Corporate		60,726			56,126			52,431
Total	$	402,588		$	389,976		$	382,339
Capital expenditures:
Broadline	$	353,296		$	407,340		$	346,520
SYGMA		38,612			25,436			5,053
Other		20,228			11,743			36,887
Total segments		412,136			444,519			388,460
Corporate		224,306			150,085			76,101
Total	$	636,442		$	594,604		$	464,561
Assets:
Broadline	$	7,220,046		$	6,402,181		$	5,814,432
SYGMA		456,204			392,883			366,539
Other		814,174			754,409			738,330
Total segments		8,490,424			7,549,473			6,919,301
Corporate		2,895,131			2,764,228			3,228,885
Total	$	11,385,555		$	10,313,701		$	10,148,186

     The sales mix for the principal product categories for each fiscal year is as follows:

			2010
	2011		(53 Weeks)		2009
			(In thousands)
Canned and dry products	$	7,308,893	$	7,152,628	$	7,091,420
Fresh and frozen meats		7,163,505		6,405,820		6,394,447
Frozen fruits, vegetables, bakery and other		5,337,625		5,220,307		5,122,415
Dairy products		4,145,350		3,709,410		3,750,684
Poultry		3,912,510		3,862,486		3,709,553
Fresh produce		3,345,929		3,179,947		3,017,018
Paper and disposables		3,055,862		2,906,426		2,911,029
Seafood		1,929,417		1,739,949		1,740,292
Beverage products		1,478,456		1,408,376		1,322,300
Janitorial products		902,636		907,189		940,097
Equipment and smallwares		581,628		599,267		661,309
Medical supplies		161,678		151,690		192,766
Total	$	39,323,489	$	37,243,495	$	36,853,330

     Information concerning geographic areas is as follows:

	Fiscal Year
			2010
	2011		(53 Weeks)		2009
			(In thousands)
Sales:(1)
United States	$	34,992,273	$	33,268,481	$	33,378,485
Canada		3,864,420		3,550,605		3,134,989
Other		466,796		424,409		339,856
Total	$	39,323,489	$	37,243,495	$	36,853,330
Long-lived assets:(2)
United States	$	3,161,724	$	2,884,728	$	2,725,200
Canada		321,185		291,514		223,320
Other		29,480		27,581		30,680
Total	$	3,512,389	$	3,203,823	$	2,979,200

(1)	Represents sales to external customers from businesses operating in these countries.
(2)	Long-lived assets represents net property, plant and equipment reported in the country in which they are held.

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Leases

12 Months Ended

Jul. 02, 2011

Leases [Abstract]

Leases

11. LEASES

     Sysco has obligations under capital and operating leases for certain distribution facilities, vehicles and computers. Total rental expense under operating leases was $79.3 million, $80.7 million, and $83.7 million in fiscal 2011, 2010 and 2009, respectively. Contingent rentals, subleases and assets and obligations under capital leases are not significant.

     Aggregate minimum lease payments by fiscal year under existing non-capitalized long-term leases are as follows:

	Amount
	(In thousands)
2012	$	50,962
2013		39,239
2014		30,531
2015		24,814
2016		18,665
Thereafter		57,426

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Changes in Accounting

12 Months Ended

Jul. 02, 2011

Changes in Accounting [Abstract]

Changes in Accounting

2. CHANGES IN ACCOUNTING

Fair Value Measurements

     In September 2006, the Financial Accounting Standards Board (FASB) issued FASB Statement No. 157, "Fair Value Measurements", which was subsequently codified within Accounting Standards Codification (ASC) 820, "Fair Value Measurements." This standard established a common definition for fair value under generally accepted accounting principles, established a framework for measuring fair value and expanded disclosure requirements about such fair value measurements. As of June 29, 2008, Sysco adopted the provisions of this fair value measurement guidance for financial assets and liabilities carried at fair value and non-financial assets and liabilities that are recognized or disclosed at fair value on a recurring basis. The adoption of the fair value measurement provisions for financial assets and liabilities carried at fair value and non-financial assets and liabilities that are recognized or disclosed at fair value on a recurring basis did not have a material impact on the company's financial statements. As of June 28, 2009, Sysco adopted the provisions of this fair value measurements guidance for non-recurring, non-financial assets and liabilities that are recognized or disclosed at fair value. Sysco's only non-recurring, non-financial asset fair value measurements are those used in its annual test of recoverability of goodwill and indefinite-lived intangibles, in which it determines whether estimated fair values of the applicable reporting units exceed their carrying values. The fair value measurements guidance was applied beginning in fiscal 2010 to this fair value estimation.

Disclosure About Derivative Instruments and Hedging Activities

     In March 2008, the FASB issued FASB Statement No. 161, "Disclosure about Derivative Instruments and Hedging Activities, an amendment of FASB Statement No. 133," which was subsequently codified within ASC 815, "Derivatives and Hedging". Effective for Sysco in the third quarter of fiscal 2009, this standard requires enhanced disclosures about an entity's derivative and hedging activities and thereby improves the transparency of financial reporting. Sysco has provided the required disclosures for this standard in Note 8, "Derivative Financial Instruments."

Business Combinations

     In December 2007, the FASB issued SFAS No. 141(R), "Business Combinations", which was subsequently codified as ASC 805, "Business Combinations." This standard establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed and any noncontrolling interest in a business combination. This standard also establishes recognition and measurement principles for the goodwill acquired in a business combination and disclosure requirements to enable financial statement users to evaluate the nature and financial effects of the business combination. In April 2009, the FASB issued FASB Staff Position No. FAS 141(R)-1, "Accounting for Assets and Liabilities Assumed in a Business Combination That Arise From Contingencies". This standard amended the previously issued business combinations guidance to address application issues raised by preparers, auditors, and members of the legal profession on initial recognition and measurement, subsequent measurement and accounting, and disclosure of assets and liabilities arising from contingencies in a business combination. Sysco adopted the provisions of these standards on a prospective basis for business combinations beginning in fiscal 2010.

Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities

     In June 2008, the FASB issued FASB Staff Position No. EITF 03-06-1, "Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities", which was subsequently codified within ASC 260, "Earnings Per Share." This standard addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the earnings allocation in computing earnings per share under the two-class method. This standard was effective for Sysco beginning in fiscal 2010 and interim periods within that year. All prior-period earnings per share data presented in filings subsequent to adoption must be adjusted retrospectively to conform to the provisions of this standard. Early application of this standard was not permitted. The adoption of this standard did not have a material impact on the company's consolidated financial statements.

Measuring Liabilities at Fair Value

     In August 2009, the FASB issued Accounting Standards Update 2009-05, "Measuring Liabilities at Fair Value". This update provides additional guidance, including illustrative examples, clarifying the measurement of liabilities at fair value. This update is effective for the first reporting period beginning after its issuance. The company adopted the provisions of this update in the second quarter of fiscal 2010. The adoption of this update did not have a material impact on the company's consolidated financial statements.

Improving Disclosures about Fair Value Measurements

     In January 2010, the FASB issued Accounting Standards Update 2010-06, "Improving Disclosures about Fair Value Measurements." This update requires some new disclosures and clarifies some existing disclosure requirements about fair value measurements codified within ASC 820, "Fair Value Measurements and Disclosures." The majority of the provisions of this update, including those applicable to Sysco, were effective for interim and annual reporting periods beginning after December 15, 2009. Early application of the provisions of this update was permitted. The company adopted the applicable provisions of this update in the third quarter of fiscal 2010. The adoption of this update did not have a material impact on the company's consolidated financial statement disclosures.

Subsequent Events

     In February 2010, the FASB issued Accounting Standard Update 2010-09, "Amendments to Certain Recognition and Disclosure Requirements." This update amends ASC 855, "Subsequent Events" to remove the requirement for SEC filers to disclose the date through which subsequent events have been evaluated. In addition, the update clarifies the reissuance disclosure provision related to subsequent events. The update is effective immediately for financial statements that are issued or revised. The company adopted the provisions of this update in the third quarter of fiscal 2010. Because this update affects the disclosure and not the accounting treatment for subsequent events, the adoption of this provision did not have a material impact on the company's consolidated financial statements.

Employers' Disclosures about Postretirement Benefit Plan Assets

     In December 2008, the FASB issued FASB Staff Position No. FAS 132(R)-1, "Employers' Disclosures about Postretirement Benefit Plan Assets", which was subsequently codified within ASC 715, "Compensation — Retirement Benefits". This standard requires additional disclosures about assets held in an employer's defined benefit pension or other postretirement plan and became effective for Sysco in fiscal 2010. Sysco has provided the required disclosures for this standard in Note 12, "Employee Benefit Plans."

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Self-Insured Liabilities (Tables) (Self Insured Liabilities [Member])

12 Months Ended

Jul. 02, 2011

Self Insured Liabilities [Member]

Schedule of valuation and qualifying accounts disclosure table

	2011			2010			2009
	(In thousands)
Balance at beginning of period	$	128,997		$	132,551		$	117,725
Charged to costs and expenses		325,540			321,373			328,830
Payments		(324,866	)		(324,927	)		(314,004	)
Balance at end of period	$	129,671		$	128,997		$	132,551

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Derivative Financial Instruments

12 Months Ended

Jul. 02, 2011

Derivative Financial Instruments [Abstract]

Derivative Financial Instruments

8. DERIVATIVE FINANCIAL INSTRUMENTS

     Sysco manages its debt portfolio to achieve an overall desired position of fixed and floating rates and may employ interest rate swaps from time to time to achieve this position. The company does not use derivative financial instruments for trading or speculative purposes.

     In September 2009, the company entered into an interest rate swap agreement that effectively converted $200.0 million of fixed rate debt maturing in fiscal 2014 to floating rate debt. In October 2009, the company entered into an interest rate swap agreement that effectively converted $250.0 million of fixed rate debt maturing in fiscal 2013 to floating rate debt. Both transactions were entered into with the goal of reducing overall borrowing cost and increasing floating interest rate exposure. These transactions were designated as fair value hedges since the swaps hedge against the changes in fair value of fixed rate debt resulting from changes in interest rates.

     The location and the fair value of derivative instruments in the consolidated balance sheet as of each fiscal year-end are as follows:

	Asset Derivatives			Liability Derivatives
	Balance Sheet			Balance Sheet
	Location	Fair Value		Location		Fair Value
	(In thousands)
Fair Value Hedge Relationships:
Interest rate swap agreements
July 2, 2011	Other assets	$	13,482		N/A		N/A
July 3, 2010	Other assets	$	11,045		N/A		N/A

     The location and effect of derivative instruments and related hedged items on the consolidated results of operations for each fiscal year presented on a pre-tax basis are as follows:

		Amount of (Gain) or Loss
		Recognized in Income
	Location of (Gain)
	or Loss Recognized				2010
	in Income	2011			(53 Weeks)			2009
					(In thousands)
Fair Value Hedge Relationships:
Interest rate swap agreements	Interest expense	$	(9,026	)	$	(10,557	)		N/A

     Hedge ineffectiveness represents the difference between the changes in the fair value of the derivative instruments and the changes in fair value of the fixed rate debt attributable to changes in the benchmark interest rate. Hedge ineffectiveness is recorded directly in earnings within interest expense and was immaterial for fiscal 2011 and fiscal 2010. The interest rate swaps do not contain a credit-risk-related contingent feature.

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Shareholders' Equity

12 Months Ended

Jul. 02, 2011

Stockholders Equity [Abstract]

Shareholders' Equity

13. SHAREHOLDERS' EQUITY

     Basic earnings per share has been computed by dividing net earnings by the weighted average number of shares of common stock outstanding for each respective year. Diluted earnings per share has been computed by dividing net earnings by the weighted average number of shares of common stock outstanding during those respective years adjusted for the dilutive effect of stock options outstanding using the treasury stock method.

     A reconciliation of the numerators and the denominators of the basic and diluted earnings per share computations for the periods presented follows:

			2010
	2011		(53 Weeks)		2009
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	1,152,030	$	1,179,983	$	1,055,948
Denominator:
Weighted-average basic shares outstanding		586,526,142		592,157,221		595,127,577
Dilutive effect of share-based awards		2,165,404		1,432,821		941,627
Weighted-average diluted shares outstanding		588,691,546		593,590,042		596,069,204
Basic earnings per share:	$	1.96	$	1.99	$	1.77
Diluted earnings per share:	$	1.96	$	1.99	$	1.77

     The number of options that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 50,700,000, 58,200,000 and 63,000,000 for fiscal 2011, 2010 and 2009, respectively.

     Dividends declared were $604.5 million, $585.7 million and $557.5 million in fiscal 2011, 2010 and 2009, respectively. Included in dividends declared for each year were dividends declared but not yet paid at year-end of approximately $155.0 million, $148.0 million and $142.0 million in fiscal 2011, 2010 and 2009, respectively.

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Share-Based Compensation (Stock Incentive Plans) (Details)	12 Months Ended
	Jul. 02, 2011
Options Or Stock Apppreciation Rights [Member] | 2007 Stock Incentive Plan Amendment [Member]
Total number of shares authorized	55,000,000
Total number of shares available for grant	24,814,016
Restricted Stock Restricted Stock Units Or Other Types Of Stock Based Awards [Member] | 2007 Stock Incentive Plan Amendment [Member]
Total number of shares authorized	10,000,000
Total number of shares available for grant	8,667,189
Granted Prior To July 3, 2004 [Member] | Employee Stock Plans [Member]
Contractual life of options in years	10 years
Granted Prior To July 3, 2004 [Member] | Non-Employee Director Stock Plans [Member]
Contractual life of options in years	10 years
Granted After July 3, 2004 [Member] | Employee Stock Plans [Member]
Contractual life of options in years	7 years
Granted After July 3, 2004 [Member] | Non-Employee Director Stock Plans [Member]
Contractual life of options in years	7 years
2007 Stock Incentive Plan Amendment [Member]
Total number of shares authorized	55,000,000
Description of vesting requirements for awards issued and contractual life for options granted	Vesting requirements for awards under this plan will vary by individual grant and may include either time-based vesting or time-based vesting subject to acceleration based on performance criteria for fiscal periods of at least one year. The contractual life of all options granted under this plan will be no greater than seven years.
Minimum vesting period for awards granted	one year
Maximum contractual life for awards granted	7 years
Total number of shares available for grant	24,814,016
2009 Non-Employee Directors Stock Plan [Member]
Total number of shares authorized	750,000
Total number of shares available for grant	652,097

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Self-Insured Liabilities

12 Months Ended

Jul. 02, 2011

Self-Insured Liabilities [Abstract]

Self-Insured Liabilities

9. 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:

	2011			2010			2009
	(In thousands)
Balance at beginning of period	$	128,997		$	132,551		$	117,725
Charged to costs and expenses		325,540			321,373			328,830
Payments		(324,866	)		(324,927	)		(314,004	)
Balance at end of period	$	129,671		$	128,997		$	132,551

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Supplemental Guarantor Information - Parent Guarantee (Balance Sheet) (Details) (USD $) In Thousands	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009	Jun. 28, 2008
Current assets	$ 5,732,882	$ 5,076,258
Investment in subsidiaries	0	0
Plant and equipment, net	3,512,389	3,203,823	2,979,200
Other assets	2,140,284	2,033,620
Total assets	11,385,555	10,313,701	10,148,186
Current liabilities	3,575,075	3,009,198
Intercompany payables (receivables)	0	0
Long-term debt	2,279,517	2,472,662
Other liabilities	825,721	1,004,315
Total shareholders' equity	4,705,242	3,827,526	3,449,702	3,408,986
Total liabilities and shareholders' equity	11,385,555	10,313,701
Parent Guarantee [Member] | Sysco [Member]
Current assets	354,450	417,336
Investment in subsidiaries	14,014,569	15,265,792
Plant and equipment, net	569,567	425,279
Other assets	378,317	362,658
Total assets	15,316,903	16,471,065
Current liabilities	430,300	444,274
Intercompany payables (receivables)	7,800,254	9,691,238
Long-term debt	2,227,483	2,225,781
Other liabilities	405,376	411,781
Total shareholders' equity	4,453,490	3,697,991
Total liabilities and shareholders' equity	15,316,903	16,471,065
Parent Guarantee [Member] | Sysco International [Member]
Current assets	34	33
Investment in subsidiaries	371,866	465,641
Plant and equipment, net	0	0
Other assets	329	597
Total assets	372,229	466,271
Current liabilities	201,016	1,114
Intercompany payables (receivables)	9,301	73,124
Long-term debt	0	199,881
Other liabilities	0	0
Total shareholders' equity	161,912	192,152
Total liabilities and shareholders' equity	372,229	466,271
Parent Guarantee [Member] | Other Non-Guarantor Subsidiaries [Member]
Current assets	5,378,398	4,658,889
Investment in subsidiaries	128,461	142,925
Plant and equipment, net	2,942,822	2,778,544
Other assets	1,761,638	1,670,365
Total assets	10,211,319	9,250,723
Current liabilities	2,943,759	2,563,810
Intercompany payables (receivables)	(7,809,555)	(9,764,362)
Long-term debt	52,034	47,000
Other liabilities	420,345	592,534
Total shareholders' equity	14,604,736	15,811,741
Total liabilities and shareholders' equity	10,211,319	9,250,723
Parent Guarantee [Member] | Eliminations [Member]
Current assets	0	0
Investment in subsidiaries	(14,514,896)	(15,874,358)
Plant and equipment, net	0	0
Other assets	0	0
Total assets	(14,514,896)	(15,874,358)
Current liabilities	0	0
Intercompany payables (receivables)	0	0
Long-term debt	0	0
Other liabilities	0	0
Total shareholders' equity	(14,514,896)	(15,874,358)
Total liabilities and shareholders' equity	$ (14,514,896)	$ (15,874,358)

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Supplemental Guarantor Information - Subsidiary Guarantee (Balance Sheet) (Details) (USD $) In Thousands	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009	Jun. 28, 2008
Current assets	$ 5,732,882	$ 5,076,258
Investment in subsidiaries	0	0
Plant and equipment, net	3,512,389	3,203,823	2,979,200
Other assets	2,140,284	2,033,620
Total assets	11,385,555	10,313,701	10,148,186
Current liabilities	3,575,075	3,009,198
Intercompany payables (receivables)	0	0
Long-term debt	2,279,517	2,472,662
Other liabilities	825,721	1,004,315
Total shareholders' equity	4,705,242	3,827,526	3,449,702	3,408,986
Total liabilities and shareholders' equity	11,385,555	10,313,701
Subsidiary Guarantee [Member] | Sysco-Debt Issuing Parent [Member]
Current assets	354,450	417,336
Investment in subsidiaries	14,014,569	15,265,792
Plant and equipment, net	569,567	425,279
Other assets	378,317	362,658
Total assets	15,316,903	16,471,065
Current liabilities	430,300	444,274
Intercompany payables (receivables)	7,800,254	9,691,238
Long-term debt	2,227,483	2,225,781
Other liabilities	405,376	411,781
Total shareholders' equity	4,453,490	3,697,991
Total liabilities and shareholders' equity	15,316,903	16,471,065
Subsidiary Guarantee [Member] | U.S. Broadline Subsidiaries [Member]
Current assets	3,476,921	3,165,121
Investment in subsidiaries	0	0
Plant and equipment, net	1,794,473	1,762,580
Other assets	519,664	484,887
Total assets	5,791,058	5,412,588
Current liabilities	840,586	918,449
Intercompany payables (receivables)	(7,701,021)	(9,674,808)
Long-term debt	26,542	18,860
Other liabilities	343,427	491,528
Total shareholders' equity	12,281,524	13,658,559
Total liabilities and shareholders' equity	5,791,058	5,412,588
Subsidiary Guarantee [Member] | Other Non-Guarantor Subsidiaries [Member]
Current assets	1,901,511	1,493,801
Investment in subsidiaries	0	0
Plant and equipment, net	1,148,349	1,015,964
Other assets	1,242,303	1,186,075
Total assets	4,292,163	3,695,840
Current liabilities	2,304,189	1,646,475
Intercompany payables (receivables)	(99,233)	(16,430)
Long-term debt	25,492	228,021
Other liabilities	76,918	101,006
Total shareholders' equity	1,984,797	1,736,768
Total liabilities and shareholders' equity	4,292,163	3,695,840
Subsidiary Guarantee [Member] | Eliminations [Member]
Current assets	0	0
Investment in subsidiaries	(14,014,569)	(15,265,792)
Plant and equipment, net	0	0
Other assets	0	0
Total assets	(14,014,569)	(15,265,792)
Current liabilities	0	0
Intercompany payables (receivables)	0	0
Long-term debt	0	0
Other liabilities	0	0
Total shareholders' equity	(14,014,569)	(15,265,792)
Total liabilities and shareholders' equity	$ (14,014,569)	$ (15,265,792)

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Acquisitions (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Acquisitions [Abstract]
Acquisition of businesses, net of cash acquired	$ 101,148,000	$ 29,293,000	$ 218,075,000
Contingent consideration maximum number of years	5 years
Potential cash payout for contingent consideration arrangements	56,600,000
Amount of potential cash payout that would result in recording of additional goodwill	$ 46,000,000

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Income Taxes (Effective Tax Rates) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended			3 Months Ended	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009	Sep. 26, 2009 2003 through 2006 IRS Settlement [Member]	Jul. 03, 2010 2003 through 2006 IRS Settlement [Member]
Effective income tax rate reconciliation, United States statutory federal income tax rate	35.00%	35.00%	35.00%
Effective income tax rate reconciliation, state and local income taxes, net of any applicable federal income tax benefit	1.96%	2.89%	2.59%
Effective income tax rate reconciliation,foreign income taxes	(0.50%)	(0.31%)	(0.96%)
Effective income tax rate reconciliation, impact of provisions for uncertain tax benefits	0.51%	(1.46%)	1.75%
Effective income tax rate reconciliation, impact of adjusting carrying value of corporate-owned life insurance policies to their cash surrender values	(0.61%)	(0.45%)	0.95%
Effective income tax rate reconciliation, other	0.60%	0.53%	1.04%
Effective income tax rate	36.96%	36.20%	40.37%
Income tax benefit from domestic tax settlements				$ 29.0	$ 29.0
Income tax expense for tax adjustments related to federal and state uncertain tax positions			31.0
Income tax expense for tax adjustments related to federal, state and foreign uncertain tax positions	9.3
(Gain) loss recorded to adjust the carrying value of corporate-owned life insurance policies to their cash surrender values	(28.2)	(21.6)	43.8
(Reduction) increase in income tax expense related to the amount recorded to adjust the carrying value of corporate-owned life insurance policies to their cash surrender values	(11.1)	(8.3)	16.8
Income tax benefit from valuation allowance reversal	$ 17.0		$ 7.8

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Plant and Equipment (Tables)

12 Months Ended

Jul. 02, 2011

Property, Plant and Equipment [Abstract]

Summary of plant and equipment, including the related accumulated depreciation table

							Estimated Useful
	July 2, 2011			July 3, 2010			Lives
	(In thousands)
Plant and equipment, at cost:
Land	$	348,168		$	322,626
Buildings and improvements		3,227,340			2,982,524		10-30 years
Fleet and equipment		2,275,007			2,153,531		3-10 years
Computer hardware and software		897,712			701,305		3-7 years
		6,748,227			6,159,986
Accumulated depreciation		(3,235,838	)		(2,956,163	)
Net plant and equipment	$	3,512,389		$	3,203,823

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Goodwill and Other Intangibles

12 Months Ended

Jul. 02, 2011

Goodwill and Other Intangibles [Abstract]

Goodwill and Other Intangibles

7. GOODWILL AND OTHER INTANGIBLES

     The changes in the carrying amount of goodwill and the amount allocated by reportable segment for the years presented are as follows:

	Broadline		SYGMA		Other			Total
	(In thousands)
Carrying amount as of June 27, 2009	$	1,087,467	$	32,609	$	390,719		$	1,510,795
Goodwill acquired during year		18,350		—		6,829			25,179
Currency translation/Other		15,651		—		(1,810	)		13,841
Carrying amount as of July 3, 2010		1,121,468		32,609		395,738			1,549,815
Goodwill acquired during year		44,047		—		—			44,047
Currency translation/Other		39,442		—		(15	)		39,427
Carrying amount as of July 2, 2011	$	1,204,957	$	32,609	$	395,723		$	1,633,289

     Amortized intangible assets acquired during fiscal 2011 were $19.2 million with a weighted-average amortization period of eight years. By intangible asset category, the amortized intangible assets acquired during fiscal 2011 were customer relationships of $15.6 million with a weighted-average amortization period of eight years, non-compete agreements of $3.1 million with a weighted-average amortization period of five years and amortized trademarks of $0.5 million with a weighted-average amortization period of five years. The following table presents details of the company's amortized intangible assets:

	July 2, 2011							July 3, 2010
	Gross Carrying		Accumulated					Gross Carrying		Accumulated
	Amount		Amortization			Net		Amount		Amortization			Net
	(In thousands)
Amortized intangible assets:
Customer relationships	$	190,112	$	(97,846	)	$	92,266	$	169,913	$	(77,394	)	$	92,519
Non-compete agreements		4,574		(1,269	)		3,305		2,320		(1,306	)		1,014
Trademarks		1,623		(282	)		1,341		1,038		(136	)		902
Total amortized intangible assets	$	196,309	$	(99,397	)	$	96,912	$	173,271	$	(78,836	)	$	94,435

     Intangible assets that have been fully amortized have been removed in the schedule above in the period full amortization is reached. Indefinite-lived intangible assets consisted of trademarks of $13.0 million and $12.0 million as of July 2, 2011 and July 3, 2010, respectively.

     Amortization expense for the past three years was $21.9 million in 2011, $20.9 million in 2010 and $15.7 million in 2009. The estimated future amortization expense for the next five fiscal years on intangible assets outstanding as of July 2, 2011 is shown below:

	Amount
	(In thousands)
2012	$	22,513
2013		20,518
2014		19,126
2015		14,501
2016		7,668

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Derivative Financial Instruments (Details) (USD $)					12 Months Ended
	Jul. 02, 2011 Interest rate swap agreements [Member] Designated as Hedging Instrument [Member] Other Assets [Member]	Jul. 03, 2010 Interest rate swap agreements [Member] Designated as Hedging Instrument [Member] Other Assets [Member]	Sep. 30, 2009 2014 Swap [Member]	Oct. 31, 2009 2013 Swap [Member]	Jul. 02, 2011 Interest rate swap agreements [Member] Fair Value Hedging [Member] Interest Expense [Member]	Jul. 03, 2010 Interest rate swap agreements [Member] Fair Value Hedging [Member] Interest Expense [Member]
Notional amount of swap			$ 200,000,000	$ 250,000,000
Fair value of interest rate swap agreements	13,482,000	11,045,000
(Gain) loss on interest rate swap agreements					$ (9,026,000)	$ (10,557,000)

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Consolidated Cash Flows (USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Cash flows from operating activities:
Net earnings x	$ 1,152,030	$ 1,179,983	$ 1,055,948
Adjustments to reconcile net earnings to cash provided by operating activities:
Share-based compensation expense	59,235	66,358	56,030
Depreciation and amortization	402,588	389,976	382,339
Deferred income taxes	(165,239)	(121,865)	(294,162)
Provision for losses on receivables	42,623	34,931	74,638
Other non-cash items	(9,454)	2,550	(3,586)
Additional investment in certain assets and liabilities, net of effect of businesses acquired:
(Increase) decrease in receivables	(252,641)	(166,426)	188,748
(Increase) decrease in inventories	(254,738)	(106,172)	177,590
Decrease (increase) in prepaid expenses and other current assets	341	(6,271)	(678)
Increase (decrease) in accounts payable	187,410	154,811	(198,284)
(Decrease) increase in accrued expenses	(43,348)	58,002	(120,314)
(Decrease) increase in accrued income taxes	(44,202)	(296,475)	325,482
(Increase) in other assets	(26,966)	(31,514)	(15,701)
Increase (decrease) in other long-term liabilities and prepaid pension cost, net	44,308	(271,692)	(48,380)
Excess tax benefits from share-based compensation arrangements	(429)	(768)	(2,921)
Net cash provided by operating activities	1,091,518	885,428	1,576,749
Cash flows from investing activities:
Additions to plant and equipment	(636,442)	(594,604)	(464,561)
Proceeds from sales of plant and equipment	19,069	21,710	25,244
Acquisition of businesses, net of cash acquired	(101,148)	(29,293)	(218,075)
Purchases of short-term investments	0	(85,071)	0
Maturities of short-term investments	24,993	61,568	0
Decrease (increase) in restricted cash	13,972	(30,630)	(1,271)
Net cash used for investing activities	(679,556)	(656,320)	(658,663)
Cash flows from financing activities:
Bank and commercial paper borrowings (repayments), net	181,975	0	0
Other debt borrowings	4,411	7,091	506,611
Other debt repayments	(8,732)	(10,695)	(10,173)
Debt issuance costs	(7)	(7)	(3,693)
Proceeds from common stock reissued from treasury for share-based compensation awards	332,688	94,750	111,780
Treasury stock purchases	(291,600)	(179,174)	(438,843)
Dividends paid	(597,071)	(579,763)	(548,246)
Excess tax benefits from share-based compensation arrangements	429	768	2,921
Net cash used for financing activities	(377,907)	(667,030)	(379,643)
Effect of exchange rates on cash	20,267	4,714	334
Net increase (decrease) in cash and cash equivalents	54,322	(433,208)	538,777
Cash and cash equivalents at beginning of period	585,443	1,018,651	479,874
Cash and cash equivalents at end of period	639,765	585,443	1,018,651
Supplemental disclosures of cash flow information:
Interest	119,050	127,411	108,608
Income taxes	$ 907,720	$ 1,141,963	$ 735,772

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Income Taxes (Internal Revenue Service Settlement) (Details) (2003 through 2006 IRS Settlement [Member], USD $)	3 Months Ended	12 Months Ended
	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010
2003 through 2006 IRS Settlement [Member]
Internal revenue service audit period	2003 through 2006
Date of settlement	first quarter of fiscal 2010
Period of years for tax settlement payments	3 years
IRS settlement one-time payment, total	$ 41,000,000
IRS settlement one-time payment, non-deductible portion	39,000,000
IRS tax settlement payments made		212,000,000	528,000,000
IRS tax settlement payments to be made in next fiscal year		212,000,000
Income tax benefit from domestic tax settlements	$ 29,000,000		$ 29,000,000

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New Accounting Standards

12 Months Ended

Jul. 02, 2011

New Accounting Standards [Abstract]

New Accounting Standards

3. NEW ACCOUNTING STANDARDS

Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs

     In May 2011, the FASB issued Accounting Standard Update 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs." This update amends ASC 820, "Fair Value Measurement" to improve the comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with U.S. GAAP and IFRSs. In addition, the update explains how to measure fair value, but does not require additional fair value measurements and is not intended to establish valuation standards or affect valuation practices outside of financial reporting. This update is effective for interim reporting periods ending after December 15, 2011, which is the third quarter of fiscal 2012 for Sysco. The amendments in this update are to be applied prospectively and early application of this standard is not permitted. Sysco is currently evaluating the impact the adoption of ASU 2011-04 will have on its consolidated financial statements.

Presentation of Comprehensive Income

     In June 2011, the FASB issued Accounting Standard Update 2011-05, "Presentation of Comprehensive Income." This update amends ASC 220, "Comprehensive Income" to eliminate the option to present components of other comprehensive income as part of the statement of changes in stockholders' equity. The amendments require that all nonowner changes in stockholders' equity be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income. The amendments in this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, which will be fiscal 2013 for Sysco. The amendments in this update should be applied retrospectively and early application is permitted. Sysco is currently evaluating which presentation option it will utilize for comprehensive income in its consolidated financial statements.

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Comprehensive Income (Tables)

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Jun. 27, 2009

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Summary of components of other comprehensive (loss) income and related tax effects

	2011
	Before Tax						Net of Tax
	Amount			Tax			Amount
	(In thousands)
Foreign currency translation adjustment	$	122,217		$	—		$	122,217
Amortization of cash flow hedge		696			268			428
Amortization of prior service cost		4,145			1,592			2,553
Amortization of net actuarial loss (gain), net		79,564			30,551			49,013
Amortization of transition obligation		153			60			93
Prior service cost arising in current year		(9,239	)		(3,547	)		(5,692	)
Net actuarial (loss) gain, net arising in current year		83,898			32,217			51,681
Other comprehensive income	$	281,434		$	61,141		$	220,293

	2010
	(53 Weeks)
	Before Tax						Net of Tax
	Amount			Tax			Amount
				(In thousands)
Foreign currency translation adjustment	$	49,973		$	—		$	49,973
Amortization of cash flow hedge		695			267			428
Amortization of prior service cost		4,394			1,687			2,707
Amortization of net actuarial loss (gain), net		40,037			15,373			24,664
Amortization of transition obligation		153			60			93
Net actuarial (loss) gain, net arising in current year		(454,756	)		(174,626	)		(280,130	)
Other comprehensive loss	$	(359,504	)	$	(157,239	)	$	(202,265	)

	2009
	Before Tax						Net of Tax
	Amount			Tax			Amount
				(In thousands)
Foreign currency translation adjustment	$	(84,452	)	$	—		$	(84,452	)
Amortization of cash flow hedge		694			266			428
Amortization of prior service cost		3,923			1,505			2,418
Amortization of net actuarial loss (gain), net		17,571			6,747			10,824
Amortization of transition obligation		153			60			93
Pension liability assumption		(26,704	)		(10,254	)		(16,450	)
Prior service cost arising in current year		(575	)		(221	)		(354	)
Net actuarial (loss) gain, net arising in current year		(197,604	)		(75,879	)		(121,725	)
Other comprehensive loss	$	(286,994	)	$	(77,776	)	$	(209,218	)

Rollforward of accumulated other comprehensive (loss) income

	Pension and
	Other
	Postretirement						Interest Rate
	Benefit Plans,			Foreign Currency			Swap,
	net of tax			Translation			net of tax			Total
				(In thousands)
Balance as of June 28, 2008	$	(220,913	)	$	164,014		$	(11,869	)	$	(68,768	)
Foreign currency translation adjustment		—			(84,452	)		—			(84,452	)
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,418			—			—			2,418
Amortization of net actuarial loss (gain), net		10,824			—			—			10,824
Amortization of transition obligation		93			—			—			93
Pension liability assumption		(16,450	)		—			—			(16,450	)
Prior service cost arising in current year		(354	)		—			—			(354	)
Net actuarial (loss) gain, net arising in current year		(121,725	)		—			—			(121,725	)
Balance as of June 27, 2009		(346,107	)		79,562			(11,441	)		(277,986	)
Foreign currency translation adjustment		—			49,973			—			49,973
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,707			—			—			2,707
Amortization of net actuarial loss (gain), net		24,664			—			—			24,664
Amortization of transition obligation		93			—			—			93
Net actuarial (loss) gain, net arising in current year		(280,130	)		—			—			(280,130	)
Balance as of July 3, 2010		(598,773	)		129,535			(11,013	)		(480,251	)
Foreign currency translation adjustment		—			122,217			—			122,217
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,553			—			—			2,553
Amortization of net actuarial loss (gain), net		49,013			—			—			49,013
Amortization of transition obligation		93			—			—			93
Prior service cost arising in current year		(5,692	)		—			—			(5,692	)
Net actuarial (loss) gain, net arising in current year		51,681			—			—			51,681
Balance as of July 2, 2011	$	(501,125	)	$	251,752		$	(10,585	)	$	(259,958	)

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Allowance for Doubtful Accounts (Tables) (Allowance for Doubtful Accounts [Member])

12 Months Ended

Jul. 02, 2011

Allowance for Doubtful Accounts [Member]

Schedule of valuation and qualifying accounts disclosure table

	2011			2010			2009
	(In thousands)
Balance at beginning of period	$	36,573		$	36,078		$	31,730
Charged to costs and expenses		42,623			34,931			74,638
Allowance accounts resulting from acquisitions and other		1,063			(139	)		1,587
Customer accounts written off, net of recoveries		(37,823	)		(34,297	)		(71,877	)
Balance at end of period	$	42,436		$	36,573		$	36,078

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Business Segment Information (Product Mix) (Details) (USD $) In Thousands	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Total sales	$ 10,425,703	$ 9,761,660	$ 9,384,852	$ 9,751,274	$ 10,348,477	$ 8,945,093	$ 8,868,499	$ 9,081,426	$ 39,323,489	$ 37,243,495	$ 36,853,330
Canned and Dry Products [Member]
Total sales									7,308,893	7,152,628	7,091,420
Fresh and Frozen Meats [Member]
Total sales									7,163,505	6,405,820	6,394,447
Frozen Fruits, Vegetables, Bakery, and Other [Member]
Total sales									5,337,625	5,220,307	5,122,415
Dairy Products [Member]
Total sales									4,145,350	3,709,410	3,750,684
Poultry [Member]
Total sales									3,912,510	3,862,486	3,709,553
Fresh Produce [Member]
Total sales									3,345,929	3,179,947	3,017,018
Paper and Disposables [Member]
Total sales									3,055,862	2,906,426	2,911,029
Seafood [Member]
Total sales									1,929,417	1,739,949	1,740,292
Beverage Products [Member]
Total sales									1,478,456	1,408,376	1,322,300
Janitorial Products [Member]
Total sales									902,636	907,189	940,097
Equipment and Smallwares [Member]
Total sales									581,628	599,267	661,309
Medical Supplies [Member]
Total sales									$ 161,678	$ 151,690	$ 192,766

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Debt and Other Financing Arrangements (Total Debt) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jul. 02, 2011
Carrying value of total debt	2,668.5
Debt Bearing Fixed Interest Rate [Member]
Percentage of fixed rate debt	75.00%
Weighted average interest rate	5.90%
Average life of debt	15
Debt Bearing Floating Interest Rate [Member]
Weighted average interest rate	2.10%
Average life of debt	one

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Leases (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Leases [Abstract]
Operating leases, rent expense	$ 79,300,000	$ 80,700,000	$ 83,700,000
Aggregate minimum lease payments, due in 1 year	50,962,000
Aggregate minimum lease payments, due in 2 years	39,239,000
Aggregate minimum lease payments, due in 3 years	30,531,000
Aggregate minimum lease payments, due in 4 years	24,814,000
Aggregate minimum lease payments, due in 5 years	18,665,000
Aggregate minimum lease payments, due after 5 years	$ 57,426,000

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Goodwill and Other Intangibles (Details) (USD $)	12 Months Ended
	Jul. 02, 2011 years properties customers	Jul. 03, 2010	Jun. 27, 2009
Goodwill carrying amount, beginning balance	$ 1,549,815,000	$ 1,510,795,000
Goodwill acquired during year	44,047,000	25,179,000
Goodwill currency translation/other	39,427,000	13,841,000
Goodwill carrying amount, ending balance	1,633,289,000	1,549,815,000	1,510,795,000
Amortized intangibles acquired during year	19,200,000
Weighted-average amortization period of amortized intangibles acquired during year	8
Intangibles gross carrying amount	196,309,000	173,271,000
Intangibles accumulated amortization	(99,397,000)	(78,836,000)
Intangibles net amount	96,912,000	94,435,000
Intangibles amortization expense	21,900,000	20,900,000	15,700,000
Intangibles amortization expense in one year	22,513,000
Intangibles amortization expense in two years	20,518,000
Intangibles amortization expense in three years	19,126,000
Intangibles amortization expense in four years	14,501,000
Intangibles amortization expense in five years	7,668,000
Broadline [Member]
Goodwill carrying amount, beginning balance	1,121,468,000	1,087,467,000
Goodwill acquired during year	44,047,000	18,350,000
Goodwill currency translation/other	39,442,000	15,651,000
Goodwill carrying amount, ending balance	1,204,957,000	1,121,468,000
Sygma Segment [Member]
Goodwill carrying amount, beginning balance	32,609,000	32,609,000
Goodwill acquired during year	0	0
Goodwill currency translation/other	0	0
Goodwill carrying amount, ending balance	32,609,000	32,609,000
Other [Member]
Goodwill carrying amount, beginning balance	395,738,000	390,719,000
Goodwill acquired during year	0	6,829,000
Goodwill currency translation/other	(15,000)	(1,810,000)
Goodwill carrying amount, ending balance	395,723,000	395,738,000
Customer Lists [Member]
Amortized intangibles acquired during year	15,600,000
Weighted-average amortization period of amortized intangibles acquired during year	8
Intangibles gross carrying amount	190,112,000	169,913,000
Intangibles accumulated amortization	(97,846,000)	(77,394,000)
Intangibles net amount	92,266,000	92,519,000
Noncompete Agreements [Member]
Amortized intangibles acquired during year	3,100,000
Weighted-average amortization period of amortized intangibles acquired during year	5
Intangibles gross carrying amount	4,574,000	2,320,000
Intangibles accumulated amortization	(1,269,000)	(1,306,000)
Intangibles net amount	3,305,000	1,014,000
Trademark [Member]
Amortized intangibles acquired during year	500,000
Weighted-average amortization period of amortized intangibles acquired during year	5
Intangibles gross carrying amount	1,623,000	1,038,000
Intangibles accumulated amortization	(282,000)	(136,000)
Intangibles net amount	1,341,000	902,000
Indefinite-lived intangible assets balance	$ 13,000,000	$ 12,000,000

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Employee Benefit Plans (Employer Contributions) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010
Pension Benefits [Member]
Employer contributions	$ 161,677,000	$ 297,933,000
Qualified pension plan [Member]
Employer contributions	140,000,000	280,000,000
Employer contributions made in current year that would normally have been made in next fiscal year	140,000,000	140,000,000
Supplemental Executive Retirement Plan [Member]
Estimated contributions to defined benefit plans in next fiscal year	23,100,000
Other Postretirement Plans [Member]
Employer contributions	(287,000)	360,000
Estimated contributions to defined benefit plans in next fiscal year	$ 300,000

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Fair Value Measurements

12 Months Ended

Jul. 02, 2011

Fair Value Measurements [Abstract]

Fair Value Measurements

4. FAIR VALUE MEASUREMENTS

     Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. an exit price). The accounting guidance includes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The three levels of the fair value hierarchy are as follows:

• Level 1 — Unadjusted quoted prices for identical assets or liabilities in active markets;

• Level 2 — Inputs other than quoted prices in active markets for identical assets and liabilities that are observable either directly or indirectly for substantially the full term of the asset or liability; and

• Level 3 — Unobservable inputs for the asset or liability, which include management's own assumption about the assumptions market participants would use in pricing the asset or liability, including assumptions about risk.

     Sysco's policy is to invest in only high-quality investments. Cash equivalents primarily include time deposits, certificates of deposit, commercial paper, high-quality money market funds and all highly liquid instruments with original maturities of three months or less. Short-term investments consist of commercial paper with original maturities of greater than three months but less than one year. These investments are considered available-for-sale and are recorded at fair value. As of July 3, 2010, the difference between the fair value of the short-term investments and the original cost was not material. There were no short-term investments as of July 2, 2011. Restricted cash consists of investments in high-quality money market funds.

     The following is a description of the valuation methodologies used for assets and liabilities measured at fair value.

• Time deposits, certificates of deposit and commercial paper included in cash equivalents are valued at amortized cost, which approximates fair value. These are included within cash equivalents as a Level 2 measurement in the tables below.

• Commercial paper included in short-term investments is valued using broker quotes that utilize observable market inputs. These are included as a Level 2 measurement in the tables below.

• Money market funds are valued at the closing price reported by the fund sponsor from an actively traded exchange. These are included within cash equivalents and restricted cash as Level 1 measurements in the tables below.

• The interest rate swap agreements, discussed further in Note 8, "Derivative Financial Instruments," are valued using a swap valuation model that utilizes an income approach using observable market inputs including interest rates, LIBOR swap rates and credit default swap rates. These are included as a Level 2 measurement in the tables below.

     The following tables present the company's assets measured at fair value on a recurring basis as of July 2, 2011 and July 3, 2010:

	Assets Measured at Fair Value as of July 2, 2011
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash and cash equivalents
Cash equivalents	$	141,350	$	163,465	$	—	$	304,815
Restricted cash		110,516		—		—		110,516
Other assets
Interest rate swap agreements		—		13,482		—		13,482
Total assets at fair value	$	251,866	$	176,947	$	—	$	428,813

	Assets Measured at Fair Value as of July 3,2010
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash and cash equivalents
Cash equivalents	$	225,400	$	199,047	$	—	$	424,447
Short-term investments		—		23,511		—		23,511
Restricted cash		124,488		—		—		124,488
Other assets
Interest rate swap agreements		—		11,045		—		11,045
Total assets at fair value	$	349,888	$	233,603	$	—	$	583,491

     The carrying values of accounts receivable and accounts payable approximated their respective fair values due to the short-term maturities of these instruments. The fair value of Sysco's total debt is estimated based on the quoted market prices for the same or similar issue or on the current rates offered to the company for debt of the same remaining maturities. The fair value of total debt approximated $2,919.4 million and $2,774.9 million as of July 2, 2011 and July 3, 2010, respectively. The carrying value of total debt was $2,668.5 million and $2,480.6 million as of July 2, 2011 and July 3, 2010, respectively.

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Share-Based Compensation (Restricted Stock) (Details) (Employee Restricted Stock [Member], USD $)	12 Months Ended
	Jul. 03, 2010	Jun. 27, 2009
Employee Restricted Stock [Member]
Equity instruments other than options granted, shares		75,822
Equity instruments other than options granted, weighted average grant date fair value per share		$ 23.74
Equity instruments other than options granted, award vesting period		three-year period
Equity instruments other than options forfeited, shares	37,911

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Income Taxes (Tables)

12 Months Ended

Jul. 02, 2011

Income tax provision by juridiction table

			2010
	2011		(53 Weeks)		2009
			(In thousands)
United States federal income taxes	$	569,872	$	542,535	$	602,595
State and local income taxes		60,081		80,492		87,223
Foreign income taxes		45,471		46,579		25,068
Total	$	675,424	$	669,606	$	714,886

Income tax provision by component table

				2010
	2011			(53 Weeks)			2009
				(In thousands)
Current	$	840,173		$	791,120		$	1,010,595
Deferred		(164,749	)		(121,514	)		(295,709	)
Total	$	675,424		$	669,606		$	714,886

Components of deferred tax assets and liabilities table

	July 2, 2011		July 3, 2010
	(In thousands)
Deferred tax liabilities:
Deferred supply chain distributions	$	276,001	$	542,424
Excess tax depreciation and basis differences of assets		384,702		288,122
Goodwill and intangible assets		175,747		157,943
Other		35,497		26,032
Total deferred tax liabilities		871,947		1,014,521
Deferred tax assets:
Net operating tax loss carryforwards		35,989		70,439
Benefit on unrecognized tax benefits		23,463		32,790
Pension		162,212		213,398
Share-based compensation		61,978		54,426
Deferred compensation		37,659		39,823
Self-insured liabilities		40,454		40,623
Receivables		52,614		54,511
Inventory		54,853		47,256
Other		56,465		34,836
Total deferred tax assets		525,687		588,102
Valuation allowances		4,046		23,115
Total net deferred tax liabilities	$	350,306	$	449,534

Tax rate reconciliation table

	2011			2010			2009
United States statutory federal income tax rate		35.00	%		35.00	%		35.00	%
State and local income taxes, net of any applicable federal income tax benefit		1.96			2.89			2.59
Foreign income taxes		(0.50	)		(0.31	)		(0.96	)
Impact of uncertain tax benefits		0.51			(1.46	)		1.75
Impact of adjusting carrying value of corporate-owned life insurance policies to their cash surrender values		(0.61	)		(0.45	)		0.95
Other		0.60			0.53			1.04
		36.96	%		36.20	%		40.37	%

Reconciliation of unrecognized tax benefits table

	2011			2010
	(In thousands)
Unrecognized tax benefits at beginning of year	$	89,851		$	92,145
Additions for tax positions related to prior years		21,099			2,796
Reductions for tax positions related to prior years		(11,955	)		(8,645	)
Additions for tax positions related to the current year		—			19,595
Reductions for tax positions related to the current year		—			—
Reductions due to settlements with taxing authorities		(25,294	)		(15,608	)
Reductions due to lapse of applicable statute of limitations		(1,610	)		(432	)
Unrecognized tax benefits at end of year	$	72,091		$	89,851

2003 through 2006 IRS Settlement [Member]

Settlement annual payments table

	(In thousands)
Fiscal 2010	$	528,000
Fiscal 2011		212,000
Fiscal 2012		212,000

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Quarterly Results (Unaudited)

12 Months Ended

Jul. 02, 2011

Quarterly Financial Data [Abstract]

Quarterly Results (Unaudited)

22. QUARTERLY RESULTS (UNAUDITED)

     Financial information for each quarter in the years ended July 2, 2011 and July 3, 2010 is set forth below:

	Fiscal 2011 Quarter Ended
	October 2			January 1			April 2			July 2			Fiscal Year
	(In thousands except for per share data)
Sales	$	9,751,274		$	9,384,852		$	9,761,660		$	10,425,703		$	39,323,489
Cost of sales		7,905,170			7,623,185			7,929,111			8,471,311			31,928,777
Gross profit		1,846,104			1,761,667			1,832,549			1,954,392			7,394,712
Operating expenses		1,339,864			1,324,642			1,405,062			1,393,642			5,463,210
Operating income		506,240			437,025			427,487			560,750			1,931,502
Interest expense		31,101			28,060			28,972			30,134			118,267
Other expense (income), net		(1,684	)		(1,300	)		(6,957	)		(4,278	)		(14,219	)
Earnings before income taxes		476,823			410,265			405,472			534,894			1,827,454
Income taxes		177,754			152,092			146,994			198,584			675,424
Net earnings	$	299,069		$	258,173		$	258,478		$	336,310		$	1,152,030
Per share:
Basic net earnings	$	0.51		$	0.44		$	0.44		$	0.57		$	1.96
Diluted net earnings		0.51			0.44			0.44			0.57			1.96
Dividends declared		0.25			0.26			0.26			0.26			1.03
Market price — high/low		32-27			30-28			31-27			33-28			33-27

	Fiscal 2010 Quarter Ended
										July 3			Fiscal Year
	September 26			December 26			March 27			(14 Weeks)			(53 Weeks)
	(In thousands except for per share data)
Sales	$	9,081,426		$	8,868,499		$	8,945,093		$	10,348,477		$	37,243,495
Cost of sales		7,315,269			7,153,191			7,242,530			8,344,198			30,055,188
Gross profit		1,766,157			1,715,308			1,702,563			2,004,279			7,188,307
Operating expenses		1,268,829			1,252,957			1,270,460			1,420,193			5,212,439
Operating income		497,328			462,351			432,103			584,086			1,975,868
Interest expense		33,800			31,522			27,654			32,501			125,477
Other (income), net		(2,012	)		(1,138	)		1,028			2,924			802
Earnings before income taxes		465,540			431,967			403,421			548,661			1,849,589
Income taxes		139,335			163,618			155,773			210,880			669,606
Net earnings	$	326,205		$	268,349		$	247,648		$	337,781		$	1,179,983
Per share:
Basic net earnings	$	0.55		$	0.45		$	0.42		$	0.57		$	1.99
Diluted net earnings		0.55			0.45			0.42			0.57			1.99
Dividends declared		0.24			0.25			0.25			0.25			0.99
Market price — high/low		26-21			29-24			30-27			32-28			32-21
Percentage change — 2011 vs. 2010:
Sales		7	%		6	%		9	%		1	%		6	%
Operating income		2			(5	)		(1	)		(4	)		(2	)
Net earnings		(8	)		(4	)		4			(0	)		(2	)
Basic net earnings per share		(7	)		(2	)		5			—			(2	)
Diluted net earnings per share		(7	)		(2	)		5			—			(2	)

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Employee Benefit Plans (Assumptions) (Details)

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Jun. 27, 2009

Fiscal 2010 And Thereafter [Member] | Supplemental Executive Retirement Plan [Member]

Rate of compensation increase used in calculating net periodic benefit cost

7.00%

Qualified pension plan [Member]

Discount rate used in calculating benefit obligation

5.94%

6.15%

Rate of compensation increase used in calculating benefit obligation

5.30%

5.30%

Discount rate used in calculating net periodic benefit cost

6.15%

8.02%

6.94%

Expected rate of return on plan assets used in calculating net periodic benefit cost

8.00%

8.00%

8.00%

Rate of compensation increase used in calculating net periodic benefit cost

5.30%

5.21%

6.17%

Discount rate used in calculating net periodic benefit cost for next fiscal year

5.94%

Expected rate of return on plan assets used in calculating net periodic benefit cost for next fiscal year

7.75%

Supplemental Executive Retirement Plan [Member]

Discount rate used in calculating benefit obligation

5.93%

6.35%

Discount rate used in calculating net periodic benefit cost

6.35%

7.14%

7.03%

Description of annual salary growth assumption used in calculating benefit obligation

     For determining the benefit obligations as of July 2, 2011 and July 3, 2010, the SERP calculations utilized an age-graded salary growth assumption.

For determining the benefit obligations as of July 2, 2011 and July 3, 2010, the SERP calculations utilized an age-graded salary growth assumption.

Description of annual salary growth assumption used in calculating net periodic benefit cost

For determining the net pension costs related to the SERP for fiscal 2011, the SERP calculations utilized an age-graded salary growth assumption.

The calculation for fiscal 2010 utilized an age-graded salary growth assumption with reductions taken for determining fiscal 2010 pay due to base salary freezes in effect for fiscal 2010.

The calculation for fiscal 2009 assumed various levels of base salary increase and decrease for determining pay for fiscal 2009 depending upon the participant's position with the company and a 7% salary growth assumption for all participants for fiscal 2010 and thereafter.

Discount rate used in calculating net periodic benefit cost for next fiscal year

5.93%

Other Postretirement Plans [Member]

Discount rate used in calculating benefit obligation

5.94%

6.32%

Discount rate used in calculating net periodic benefit cost

6.32%

8.02%

6.94%

Discount rate used in calculating net periodic benefit cost for next fiscal year

5.94%

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Income Taxes (Other) (Details) (Permanent reinvestment [Member], USD $) In Millions	Jul. 02, 2011
Permanent reinvestment [Member]
Undistributed income of foreign subsidiaries	$ 544.0

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Supplemental Guarantor Information - Parent Guarantee (Cash Flows) (Details) (USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Net cash provided by (used for) operating activities	$ 1,091,518	$ 885,428	$ 1,576,749
Net cash used for investing activities	(679,556)	(656,320)	(658,663)
Net cash (used for) provided by financing activities	(377,907)	(667,030)	(379,643)
Effect of exchange rates on cash	20,267	4,714	334
Intercompany activity	0	0	0
Net (decrease) in cash and cash equivalents	54,322	(433,208)	538,777
Cash and cash equivalents at beginning of period	585,443	1,018,651	479,874
Cash and cash equivalents at end of period	639,765	585,443	1,018,651
Parent Guarantee [Member] | Sysco [Member]
Net cash provided by (used for) operating activities	(491,211)	(649,277)	(493,984)
Net cash used for investing activities	(203,090)	(225,565)	(82,684)
Net cash (used for) provided by financing activities	(555,282)	(664,236)	(380,564)
Effect of exchange rates on cash	0	0	0
Intercompany activity	1,181,573	1,013,405	1,369,782
Net (decrease) in cash and cash equivalents	(68,010)	(525,673)	412,550
Cash and cash equivalents at beginning of period	373,523	899,196	486,646
Cash and cash equivalents at end of period	305,513	373,523	899,196
Parent Guarantee [Member] | Sysco International [Member]
Net cash provided by (used for) operating activities	54,049	31,739	38,340
Net cash used for investing activities	0	0	0
Net cash (used for) provided by financing activities	0	0
Effect of exchange rates on cash	0	0	0
Intercompany activity	(54,049)	(31,739)	(38,340)
Net (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	0	0	0
Parent Guarantee [Member] | Other Non-Guarantor Subsidiaries [Member]
Net cash provided by (used for) operating activities	1,528,680	1,502,966	2,032,393
Net cash used for investing activities	(476,466)	(430,755)	(575,979)
Net cash (used for) provided by financing activities	177,375	(2,794)	921
Effect of exchange rates on cash	20,267	4,714	334
Intercompany activity	(1,127,524)	(981,666)	(1,331,442)
Net (decrease) in cash and cash equivalents	122,332	92,465	126,227
Cash and cash equivalents at beginning of period	211,920	119,455	(6,772)
Cash and cash equivalents at end of period	$ 334,252	$ 211,920	$ 119,455

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Share-Based Compensation (Summary of Nonvested Awards) (Details) (Nonvested Awards [Member], USD $)	12 Months Ended
	Jul. 02, 2011
Nonvested Awards [Member]
Nonvested equity instruments other than options beginning balance, shares	778,623
Equity instruments other than options granted, shares	716,973
Equity instruments other than options vested, shares	(285,536)
Equity instruments other than options forfeited, shares	(7,534)
Nonvested equity instruments other than options ending balance, shares	1,202,526
Nonvested equity instruments other than options beginning balance, weighted average grant date fair value per share	$ 27.23
Equity instruments other than options granted, weighted average grant date fair value per share	$ 28.73
Equity instruments other than options vested, weighted average grant date fair value per share (in USD per share)	$ 27.30
Equity instruments other than options forfeited, weighted average grant date fair value per share	$ 29.22
Nonvested equity instruments other than options ending balance, weighted average grant date fair value per share	$ 28.10

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Employee Benefit Plans (Funded Status) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011		Jul. 03, 2010
Cash surrender value of corporate-owned life insurance	$ 231,300,000		$ 203,200,000
Prepaid pension cost	0		0
Accumulated other comprehensive loss (income) - Prior service cost	33,637,000		28,543,000
Accumulated other comprehensive loss (income) - Net actuarial losses (gains)	779,584,000		943,046,000
Accumulated other comprehensive loss (income) - Transition obligation	294,000		447,000
Accumulated other comprehensive loss (income) - Total amount recognized	813,515,000		972,036,000
Pension Benefits [Member]
Benefit obligation at beginning of year	2,212,304,000		1,551,944,000
Service cost	99,443,000		66,650,000
Interest cost	134,973,000		119,593,000
Amendments	8,252,000		0
Recognized net actuarial loss (gain)	121,913,000		523,432,000
Disbursements, projected benefit obligation	(60,225,000)		(49,315,000)
Benefit obligation at end of year	2,516,660,000		2,212,304,000
Fair value of plan assets at beginning of year	1,666,972,000		1,244,085,000
Actual return on plan assets	337,889,000		174,269,000
Employer contributions	161,677,000		297,933,000
Disbursements, plan assets	(60,225,000)		(49,315,000)
Fair value of plan assets at end of year	2,106,313,000		1,666,972,000
Funded status at end of year	(410,347,000)		(545,332,000)
Current accrued benefit liability (Accrued expenses)	(22,426,000)		(21,574,000)
Non-current accrued benefit liability (Other long-term liabilities)	(387,921,000)		(523,758,000)
Defined benefit plans net amount recognized in balance sheet	(410,347,000)		(545,332,000)
Accumulated other comprehensive loss (income) - Prior service cost	32,187,000		27,895,000
Accumulated other comprehensive loss (income) - Net actuarial losses (gains)	784,382,000		948,389,000
Accumulated other comprehensive loss (income) - Transition obligation	0		0
Accumulated other comprehensive loss (income) - Total amount recognized	816,569,000		976,284,000
Accumulated benefit obligation for all pension benefit plans	2,325,200,000		2,051,100,000
Accumulated benefit obligation for pension plans with accumulated benefit obligation in excess of fair value of plan assets	2,325,171,000	[1]	2,051,115,000	[1]
Fair value of plan assets at end of year for pension plans with accumulated benefit obligation in excess of fair value on plan assets	2,106,313,000	[1]	1,666,972,000	[1]
Other Postretirement Plans [Member]
Benefit obligation at beginning of year	8,461,000		7,197,000
Service cost	396,000		328,000
Interest cost	524,000		562,000
Amendments	987,000		0
Recognized net actuarial loss (gain)	157,000		734,000
Disbursements, projected benefit obligation	287,000		(360,000)
Benefit obligation at end of year	10,812,000		8,461,000
Fair value of plan assets at beginning of year	0		0
Actual return on plan assets	0		0
Employer contributions	(287,000)		360,000
Disbursements, plan assets	287,000		(360,000)
Fair value of plan assets at end of year	0		0
Funded status at end of year	(10,812,000)		(8,461,000)
Current accrued benefit liability (Accrued expenses)	(336,000)		(333,000)
Non-current accrued benefit liability (Other long-term liabilities)	(10,476,000)		(8,128,000)
Defined benefit plans net amount recognized in balance sheet	(10,812,000)		(8,461,000)
Accumulated other comprehensive loss (income) - Prior service cost	1,450,000		648,000
Accumulated other comprehensive loss (income) - Net actuarial losses (gains)	(4,798,000)		(5,343,000)
Accumulated other comprehensive loss (income) - Transition obligation	294,000		447,000
Accumulated other comprehensive loss (income) - Total amount recognized	(3,054,000)		(4,248,000)
Aggregate benefit obligation for postretirment plans with aggregate benefit obligation in excess of fair value of plan assets	10,812,000		8,461,000
Fair value of plan assets at end of year for postretirement plans with aggregate benefit obligation in excess of fair value of plan assets	0		0
Supplemental Executive Retirement Plan [Member]
Benefit obligation at end of year	402,000,000		363,500,000
Cash surrender value of corporate-owned life insurance	$ 170,000,000		$ 149,500,000

[1] Information under Pension Benefits as of July 2, 2011 and July 3, 2010 includes both the Retirement Plan and the SERP.

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Goodwill and Other Intangibles (Tables)

12 Months Ended

Jul. 02, 2011

Goodwill and Other Intangibles [Abstract]

Goodwill rollfoward table by reporting segments

	Broadline		SYGMA		Other			Total
	(In thousands)
Carrying amount as of June 27, 2009	$	1,087,467	$	32,609	$	390,719		$	1,510,795
Goodwill acquired during year		18,350		—		6,829			25,179
Currency translation/Other		15,651		—		(1,810	)		13,841
Carrying amount as of July 3, 2010		1,121,468		32,609		395,738			1,549,815
Goodwill acquired during year		44,047		—		—			44,047
Currency translation/Other		39,442		—		(15	)		39,427
Carrying amount as of July 2, 2011	$	1,204,957	$	32,609	$	395,723		$	1,633,289

Amortized intangible assets table

	July 2, 2011							July 3, 2010
	Gross Carrying		Accumulated					Gross Carrying		Accumulated
	Amount		Amortization			Net		Amount		Amortization			Net
	(In thousands)
Amortized intangible assets:
Customer relationships	$	190,112	$	(97,846	)	$	92,266	$	169,913	$	(77,394	)	$	92,519
Non-compete agreements		4,574		(1,269	)		3,305		2,320		(1,306	)		1,014
Trademarks		1,623		(282	)		1,341		1,038		(136	)		902
Total amortized intangible assets	$	196,309	$	(99,397	)	$	96,912	$	173,271	$	(78,836	)	$	94,435

Intangibles estimated amortization expense for the next five years table

	Amount
	(In thousands)
2012	$	22,513
2013		20,518
2014		19,126
2015		14,501
2016		7,668

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Share-Based compensation (Tables)

12 Months Ended

Jul. 02, 2011

Share-based Compensation [Abstract]

Black-Scholes option model assumption table

	2011			2010			2009
Dividend yield		3.5	%		3.6	%		3.2	%
Expected volatility		23.4	%		25.4	%		34.7	%
Risk-free interest rate		1.2	%		2.3	%		2.3	%
Expected life	5.0 years			4.9 years			4.5 years

Option rollforward and other disclosures table

						Weighted Average
				Weighted		Remaining		Aggregate
	Shares Under			Average Exercise		Contractual Term		Intrinsic Value
	Option			Price Per Share		(in years)		(in thousands)
Outstanding as of July 3, 2010		72,835,397		$	29.72
Granted		7,190,250			28.86
Exercised		(11,461,735	)		27.20
Forfeited		(422,309	)		28.24
Expired		(749,295	)		31.23
Outstanding as of July 2, 2011		67,392,308		$	30.05		2.77	$	120,024
Vested or expected to vest as of July 2, 2011		66,718,623		$	30.07		2.75	$	117,725
Exercisable as of July 2, 2011		45,522,993		$	30.90		1.67	$	46,562

Non-vested awards rollforward table

				Weighted
				Average Grant
				Date Fair Value
	Shares			Per Share
Nonvested as of July 3, 2010		778,623		$	27.23
Granted		716,973			28.73
Vested		(285,536	)		27.30
Forfeited		(7,534	)		29.22
Nonvested as of July 2, 2011		1,202,526		$	28.10

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Fair Value Measurements (Tables)

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Fair Value Measurements [Abstract]

Assets measured at fair value table

	Assets Measured at Fair Value as of July 2, 2011
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash and cash equivalents
Cash equivalents	$	141,350	$	163,465	$	—	$	304,815
Restricted cash		110,516		—		—		110,516
Other assets
Interest rate swap agreements		—		13,482		—		13,482
Total assets at fair value	$	251,866	$	176,947	$	—	$	428,813

	Assets Measured at Fair Value as of July 3,2010
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash and cash equivalents
Cash equivalents	$	225,400	$	199,047	$	—	$	424,447
Short-term investments		—		23,511		—		23,511
Restricted cash		124,488		—		—		124,488
Other assets
Interest rate swap agreements		—		11,045		—		11,045
Total assets at fair value	$	349,888	$	233,603	$	—	$	583,491

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Employee Benefit Plans

12 Months Ended

Jul. 02, 2011

Employee Benefit Plans [Abstract]

Employee Benefit Plans

12. EMPLOYEE BENEFIT PLANS

     Sysco has defined benefit and defined contribution retirement plans for its employees. Also, the company contributes to various multi-employer plans under collective bargaining agreements and provides certain health care benefits to eligible retirees and their dependents.

     Sysco maintains a qualified pension plan (Retirement Plan) that pays benefits to employees at retirement, using formulas based on a participant's years of service and compensation.

     The company's defined contribution 401(k) plan provides that under certain circumstances the company may make matching contributions of up to 50% of the first 6% of a participant's compensation. Sysco's expense related to this plan was $19.8 million in fiscal 2011, $22.8 million in fiscal 2010, and $30.2 million in fiscal 2009.

     Sysco's contributions to multi-employer pension plans, which include payments for voluntary withdrawals, were $32.8 million, $51.5 million, and $48.0 million in fiscal 2011, 2010 and 2009, respectively. Payments for voluntary withdrawals included in contributions were approximately zero, $17.4 million and $15.0 million in fiscal 2011, 2010 and 2009, respectively. See further discussion of Sysco's participation in multi-employer pension plans in Note 18, "Commitments and Contingencies."

     In addition to receiving benefits upon retirement under the company's Retirement Plan, participants in the Management Incentive Plan (see "Management Incentive Compensation" in Note 15, "Share-Based Compensation") will receive benefits under a Supplemental Executive Retirement Plan (SERP). This plan is a nonqualified, unfunded supplementary retirement plan.

Funded Status

     Accumulated pension assets measured against the obligation for pension benefits represents the funded status of a given plan. The funded status of Sysco's company-sponsored defined benefit plans is presented in the table below. The caption "Pension Benefits" in the tables below includes both the Retirement Plan and the SERP.

	Pension Benefits						Other Postretirement Plans
	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	2,212,304		$	1,551,944		$	8,461		$	7,197
Service cost		99,443			66,650			396			328
Interest cost		134,973			119,593			524			562
Amendments		8,252			—			987			—
Recognized net actuarial loss		121,913			523,432			157			734
Total disbursements		(60,225	)		(49,315	)		287			(360	)
Benefit obligation at end of year		2,516,660			2,212,304			10,812			8,461
Change in plan assets:
Fair value of plan assets at beginning of year		1,666,972			1,244,085			—			—
Actual return on plan assets		337,889			174,269			—			—
Employer contribution		161,677			297,933			(287	)		360
Total disbursements		(60,225	)		(49,315	)		287			(360	)
Fair value of plan assets at end of year		2,106,313			1,666,972			—			—
Funded status at end of year	$	(410,347	)	$	(545,332	)	$	(10,812	)	$	(8,461	)

     In order to meet a portion of its obligations under the SERP, Sysco maintains life insurance policies on the lives of the participants with carrying values of $170.0 million as of July 2, 2011 and $149.5 million as of July 3, 2010. These policies are not included as plan assets or in the funded status amounts in the tables above and below. Sysco is the sole owner and beneficiary of such policies. The projected benefit obligation for the SERP of $402.0 million and $363.5 million as of July 2, 2011 and July 3, 2010, respectively, was included in Other long-term liabilities on the balance sheet.

     The amounts recognized on Sysco's consolidated balance sheets related to its company-sponsored defined benefit plans are as follows:

	Pension Benefits						Other Postretirement Plans
	July 2, 2011			July 3, 2010			July 2, 2011			July 3, 2010
	(In thousands)
Current accrued benefit liability (Accrued expenses)	$	(22,426	)	$	(21,574	)	$	(336	)	$	(333	)
Non-current accrued benefit liability (Other long-term liabilities)		(387,921	)		(523,758	)		(10,476	)		(8,128	)
Net amount recognized	$	(410,347	)	$	(545,332	)	$	(10,812	)	$	(8,461	)

     Accumulated other comprehensive loss (income) as of July 2, 2011 consists of the following amounts that had not, as of that date, been recognized in net benefit cost:

			Other
	Pension Benefits		Postretirement Plans			Total
		(In thousands)
Prior service cost	$	32,187	$	1,450		$	33,637
Net actuarial losses (gains)		784,382		(4,798	)		779,584
Transition obligation		—		294			294
Total	$	816,569	$	(3,054	)	$	813,515

     Accumulated other comprehensive loss (income) as of July 3, 2010 consists of the following amounts that had not, as of that date, been recognized in net benefit cost:

			Other
	Pension Benefits		Postretirement Plans			Total
	(In thousands)
Prior service cost	$	27,895	$	648		$	28,543
Net actuarial losses (gains)		948,389		(5,343	)		943,046
Transition obligation		—		447			447
Total	$	976,284	$	(4,248	)	$	972,036

     The accumulated benefit obligation, which does not consider any salary increases, for the company-sponsored defined benefit pension plans was $2,325.2 million and $2,051.1 million as of July 2, 2011 and July 3, 2010, respectively.

     Information for plans with accumulated benefit obligation/aggregate benefit obligation in excess of fair value of plan assets is as follows:

	Pension Benefits				Other Postretirement Plans
	July 2, 2011(1)		July 3, 2010(1)		July 2, 2011		July 3, 2010
	(In thousands)
Accumulated benefit obligation/aggregate benefit obligation	$	2,325,171	$	2,051,115	$	10,812	$	8,461
Fair value of plan assets at end of year		2,106,313		1,666,972		—		—

⁽¹⁾ Information under Pension Benefits as of July 2, 2011 and July 3, 2010 includes both the Retirement Plan and the SERP.

Components of Net Benefit Costs and Other Comprehensive Income

     The components of net company-sponsored pension costs for each fiscal year are as follows:

				2010
	2011			(53 Weeks)			2009
	(In thousands)
Service cost	$	99,443		$	66,650		$	80,899
Interest cost		134,973			119,593			113,715
Expected return on plan assets		(131,921	)		(104,860	)		(127,422	)
Amortization of prior service cost		3,960			4,209			3,793
Amortization of net actuarial loss		79,952			40,526			17,729
Net pension costs	$	186,407		$	126,118		$	88,714

     The components of other postretirement benefit costs for each fiscal year are as follows:

				2010
	2011			(53 Weeks)			2009
	(In thousands)
Service cost	$	396		$	328		$	490
Interest cost		524			562			624
Amortization of prior service cost		185			185			130
Amortization of net actuarial gain		(388	)		(490	)		(158	)
Amortization of transition obligation		153			153			153
Net other postretirement benefit costs	$	870		$	738		$	1,239

     Net company-sponsored pension costs increased $60.3 million in fiscal 2011 due primarily to a decrease in discount rates used to calculate our projected benefit obligation and related pension expense, partially offset by reduced amortization of expense from actuarial gains from higher returns on assets of Sysco's Retirement Plan during fiscal 2010. Net company-sponsored pension costs in fiscal 2012 are expected to decrease by approximately $27.3 million over fiscal 2011 due primarily to higher returns on assets of Sysco's Retirement Plan during fiscal 2011.

     Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) related to company-sponsored pension plans for each fiscal year are as follows:

	Pension Benefits
				2010
	2011			(53 Weeks)			2009
	(In thousands)
Amortization of prior service cost	$	3,960		$	4,209		$	3,793
Amortization of net actuarial loss		79,952			40,526			17,729
Pension liability assumption (prior service cost)		—			—			(26,704	)
Prior service cost arising in current year		(8,252	)		—			(48	)
Net actuarial gain (loss) arising in current year		84,055			(454,023	)		(201,417	)
Net pension costs	$	159,715		$	(409,288	)	$	(206,647	)

     Other changes in benefit obligations recognized in other comprehensive (loss) income related to other postretirement plans for each fiscal year are as follows:

	Other Postretirement Plans
				2010
	2011			(53 Weeks)			2009
	(In thousands)
Amortization of prior service cost	$	185		$	185		$	130
Amortization of net actuarial gain		(388	)		(490	)		(158	)
Amortization of transition obligation		153			153			153
Prior service cost arising in current year		(987	)		—			(527	)
Net actuarial (loss) gain arising in current year		(157	)		(733	)		3,813
Net pension costs	$	(1,194	)	$	(885	)	$	3,411

     Amounts included in accumulated other comprehensive loss (income) as of July 2, 2011 that are expected to be recognized as components of net company-sponsored benefit cost during fiscal 2012 are:

		Other
	Pension Benefits		Postretirement Plans			Total
	(In thousands)
Amortization of prior service cost	$	4,805	$	215		$	5,020
Amortization of net actuarial losses (gains)		60,166		(331	)		59,835
Amortization of transition obligation		—		153			153
Total	$	64,971	$	37		$	65,008

Employer Contributions

     The company made cash contributions to its company-sponsored pension plans of $161.7 million and $297.9 million in fiscal years 2011 and 2010, respectively. The contributions in fiscal 2011 of $140.0 million to the Retirement Plan would normally have been made in fiscal 2012; there were no minimum required contributions for the calendar 2010 plan year to meet ERISA minimum funding requirements. The contributions in fiscal 2010 of $280.0 million to the Retirement Plan included the minimum required contribution for the calendar 2009 plan year to meet ERISA minimum funding requirements, as well as $140.0 million of contributions that would normally have been made in fiscal 2011. Additional contributions to the Retirement Plan are not currently anticipated in fiscal 2012, however we will evaluate our funding position at the end of fiscal 2012 and select the timing for a contribution at that time. The company's contributions to the SERP and other post-retirement plans are made in the amounts needed to fund current year benefit payments. The estimated fiscal 2012 contributions to fund benefit payments for the SERP and other postretirement plans are $23.1 million and $0.3 million, respectively.

Estimated Future Benefit Payments

     Estimated future benefit payments for vested participants, based on actuarial assumptions, are as follows:

			Other
	Pension Benefits		Postretirement Plans
	(In thousands)
2012	$	65,259	$	346
2013		71,326		455
2014		79,496		638
2015		88,530		802
2016		99,221		957
Subsequent five years		680,580		5,697

Assumptions

     Weighted-average assumptions used to determine benefit obligations as of year-end were:

	July 2, 2011			July 3, 2010
Discount rate — Retirement Plan		5.94	%		6.15	%
Discount rate — SERP		5.93			6.35
Discount rate — Other Postretirement Plans		5.94			6.32
Rate of compensation increase — Retirement Plan		5.30			5.30

     For determining the benefit obligations as of July 2, 2011 and July 3, 2010, the SERP calculations utilized an age-graded salary growth assumption.

     Weighted-average assumptions used to determine net company-sponsored pension costs and other postretirement benefit costs for each fiscal year were:

	2011			2010			2009
Discount rate — Retirement Plan		6.15	%		8.02	%		6.94	%
Discount rate — SERP		6.35			7.14			7.03
Discount rate — Other Postretirement Plans		6.32			8.02			6.94
Expected rate of return — Retirement Plan		8.00			8.00			8.00
Rate of compensation increase — Retirement Plan		5.30			5.21			6.17

     For determining the net pension costs related to the SERP for fiscal 2011, the SERP calculations utilized an age-graded salary growth assumption. The calculation for fiscal 2010 utilized an age-graded salary growth assumption with reductions taken for determining fiscal 2010 pay due to base salary freezes in effect for fiscal 2010. The calculation for fiscal 2009 assumed various levels of base salary increase and decrease for determining pay for fiscal 2009 depending upon the participant's position with the company and a 7% salary growth assumption for all participants for fiscal 2010 and thereafter.

     A healthcare cost trend rate is not used in the calculations of postretirement benefit obligations because Sysco subsidizes the cost of postretirement medical coverage by a fixed dollar amount, with the retiree responsible for the cost of coverage in excess of the subsidy, including all future cost increases.

     For guidance in determining the discount rate, Sysco calculates the implied rate of return on a hypothetical portfolio of high-quality fixed-income investments for which the timing and amount of cash outflows approximates the estimated payouts of the company-sponsored pension plans. The discount rate assumption is reviewed annually and revised as deemed appropriate. The discount rate to be used for the calculation of fiscal 2012 net company-sponsored benefit costs for the Retirement Plan is 5.94%. The discount rate to be used for the calculation of fiscal 2012 net company-sponsored benefit costs for the SERP is 5.93%. The discount rate to be used for the calculation of fiscal 2012 net company-sponsored benefit costs for the Other Postretirement Plans is 5.94%.

     The expected long-term rate of return on plan assets assumption is net return on assets assumption, representing gross return on assets less plan expenses. The expected return is derived from a mathematical asset model that incorporates assumptions as to the various asset class returns, reflecting a combination of rigorous historical performance analysis and the forward-looking views of the financial markets regarding the yield on bonds, the historical returns of the major stock markets and returns on alternative investments. The rate of return assumption is reviewed annually and revised as deemed appropriate. The expected long-term rate of return to be used in the calculation of fiscal 2012 net company-sponsored benefit costs for the Retirement Plan is 7.75%.

Plan Assets

Investment Strategy

     The company's overall strategic investment objectives for the Retirement Plan are to preserve capital for future benefit payments and to balance risk and return commensurate with ongoing changes in the valuation of plan liabilities. In order to accomplish these objectives, the company oversees the Retirement Plan's investment objectives and policy design, decides proper plan asset class strategies and structures, monitors the performance of plan investment managers and investment funds and determines the proper investment allocation of pension plan contributions and withdrawals. The company has created an investment structure for the Retirement Plan that takes into account the nature of the Retirement Plan's liabilities. This structure ensures the Retirement Plan's investment are diversified within each asset class, in addition to being diversified across asset classes with the intent to build asset class portfolios that are structured without strategic bias for or against any subcategories within each asset class. The company has also created a set of investment guidelines for the Retirement Plan's investment managers to specify prohibited transactions, including borrowing of money except for real estate portfolios or private equity portfolios where leverage is a key component of the investment strategy and permitted in the investments' governing documents, the purchase of securities on margin unless fully collateralized by cash or cash equivalents or short sales, pledging, mortgaging or hypothecating of any securities except for loans of securities that are fully collateralized, market timing transactions and the direct purchase of the securities of Sysco or the investment manager. The purchase or sale of derivatives for speculation or leverage is also prohibited; however, investment managers are allowed to use derivative securities so long as they do not increase the risk profile or leverage of the manager's portfolio.

     The company's target and actual investment allocation as of July 2, 2011 is as follows:

	Target Asset
	Allocation			Actual Asset
	Range			Allocation
U.S. equity		23-31	%		33	%
International equity		23-31			28
Core fixed income		11-17			15
Long duration fixed income		10-18			13
High yield fixed income		6-12			9
Alternative investments		5-15			2
					100	%

Sysco's investment strategy is implemented through a combination of balanced and specialist investment managers, passive investment funds and actively-managed investment funds. U.S. equity consists of both large-cap and small-to-mid-cap securities. Core fixed income investments include intermediate range U.S. government and agency securities, corporate bonds from diversified industries, asset-backed securities, mortgage-backed securities, other debt securities and derivative securities. Long duration fixed income investments include U.S. government and agency securities, corporate bonds from diversified industries, asset-backed securities, mortgage-backed securities, other debt securities and derivative securities. High yield fixed income consists of below investment grade corporate debt securities and may include derivative securities. Alternative investments may include private equity, private real estate, timberland, and commodities investments. Investment funds are selected based on each fund's stated investment strategy to align with Sysco's overall target mix of investments. Actual asset allocation is regularly reviewed and periodically rebalanced to the target allocation when considered appropriate. As of July 2, 2011, actual asset allocation varied from the stated target in certain categories, as alternative investment funding, primarily in private equity funds require contributions over a multi-year period. Until such capital is required, the company has chosen to invest these amounts in U.S. equities.

     As discussed above, the Retirement Plan's investments in equity, fixed income and alternative investments provide a range of returns and also expose the plan to investment risk. However, the investment policies put in place by the company require diversification of plan assets across issuers, industries and countries. As such, the Retirement Plan does not have significant concentrations of risk in plan assets.

Fair Value of Plan Assets

     Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. an exit price). See Note 3, "Fair Value Measurements," for a description of the fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The following is a description of the valuation methodologies used for assets and liabilities measured at fair value.

     Cash and cash equivalents: Valued at amortized cost, which approximates fair value. Cash and cash equivalents is included as a Level 2 measurement in the table below.

     Equity securities: Valued at the closing price reported on the exchange market. If a stock is not listed on a public exchange, such as an American Depository Receipt or some preferred stocks, the stock is valued using an evaluated bid price based on a compilation of observable market information. Inputs used include yields, the underlying security "best price", adjustments for corporate actions and exchange prices of underlying and common stock of the same issuer. Equity securities valued at the closing price reported on the exchange market are classified as a Level 1 measurement in the table below; all other equity securities are included as a Level 2 measurement.

     Fixed income securities: Valued using evaluated bid prices based on a compilation of observable market information or a broker quote in a non-active market. Inputs used vary by type of security, but include spreads, yields, rate benchmarks, rate of prepayment, cash flows, rating changes and collateral performance and type. All fixed income securities are included as a Level 2 measurement in the table below.

     Investment funds: Valued at the net asset value (NAV) provided by the manager of each fund. The NAV is calculated as the underlying net assets owned by the fund, divided by the number of shares outstanding. The NAV is based on the fair value of the underlying securities within the fund. The real estate fund is valued at the NAV of shares held by the Retirement Plan, which is based on the valuations of the underlying real estate investments held by the fund. Each real estate investment is valued on the basis of a discounted cash flow approach. Inputs used include future rental receipts, expenses and residual values from a market participant view of the highest and best use of the real estate as rental property. All investment funds, with the exception of the real estate fund and private equity funds, are included as a Level 2 measurement in the table below. The real estate fund and private equity funds are included as Level 3 measurements.

     Derivatives: Valuation method varies by type of derivative security.

• Credit default and interest rate swaps: Valued using evaluated bid prices based on a compilation of observable market information. Inputs used for credit default swaps include spread curves and trade data about the credit quality of the counterparty. Inputs used for interest rate swaps include benchmark yields, swap curves, cash flow analysis, and interdealer broker rates. Credit default and interest rate swaps are included as a Level 2 measurement in the table below.

• Foreign currency contracts: Valued using a standardized interpolation model that utilizes the quoted prices for standard-length forward foreign currency contracts and adjusts to the remaining term outstanding on the contract being valued. Foreign currency contracts are included as a Level 2 measurement in the table below.

• Futures and option contracts: Valued at the closing price reported on the exchange market for exchange-traded futures and options. Over-the-counter options are valued using pricing models that are based on observable market information. Exchange-traded futures and options are included as a Level 1 measurement in the table below; over-the-counter options are included as a Level 2 measurement.

     The following table presents the fair value of the Retirement Plan's assets by major asset category as of July 2, 2011:

	Assets Measured at Fair Value as of July 2, 2011
	Level 1			Level 2			Level 3		Total
				(In thousands)
Cash and cash equivalents 1	$	—		$	112,217		$	—	$	112,217
U.S. equity:
U.S. large-cap 1		139,048			357,712			—		496,760
U.S. small-to-mid-cap		166,890			—			—		166,890
International equity 2		117,655			455,811			—		573,466
Core fixed income:
U.S. government and agency securities		—			62,691			—		62,691
Corporate bonds 1		—			79,974			—		79,974
Asset-backed securities		—			8,704			—		8,704
Mortgage-backed securities, net 3		—			129,941			—		129,941
Other 1		—			17,905			—		17,905
Derivatives, net 4		(34	)		(340	)		—		(374	)
Long duration fixed income:
U.S. government and agency securities		—			79,970			—		79,970
Corporate bonds		—			139,916			—		139,916
Asset-backed securities		—			1,870			—		1,870
Mortgage-backed securities		—			11,810			—		11,810
Other 1		—			39,997			—		39,997
Derivatives, net 5		280			512			—		792
High yield fixed income 2		—			191,583			—		191,583
Alternative investments:
Real estate 2		—			—			30,615		30,615
Private equity 2		—			—			1,480		1,480
Total investments at fair value	$	423,839		$	1,690,273		$	32,095	$	2,146,207
Other 6										(39,894	)
Fair value of plan assets at end of year									$	2,106,313

1	Include direct investments and investment funds.
2	Include investments in investment funds only.
3	Include direct investments, investment funds and forward settling sales.
4	Include credit default swaps, interest rate swaps, and futures. The fair value of asset positions totaled $8.6 million; the fair value of liability positions totaled $9.0 million.
5	Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $1.1 million; the fair value of liability positions totaled $0.3 million.
6	Include primarily plan receivables and payables, net.

     The following table presents the fair value of the Retirement Plan's assets by major asset category as of July 3, 2010:

	Assets Measured at Fair Value as of July 3, 2010
	Level 1		Level 2		Level 3		Total
			(In thousands)
Cash and cash equivalents 1	$	—	$	71,327	$	—	$	71,327
U.S. equity:
U.S. large-cap 1		259,621		161,228		—		420,849
U.S. small-to-mid-cap		172,930		—		—		172,930
International equity 2		—		285,184		—		285,184
Fixed income long duration:
U.S. government and agency securities		—		178,097		—		178,097
Corporate bonds 1		—		225,412		—		225,412
Asset-backed securities		—		12,108		—		12,108
Mortgage-backed securities, net 3		—		124,312		—		124,312
Other 1		—		48,452		—		48,452
Derivatives, net 4		600		991		—		1,591
Fixed income high yield 2		—		120,984		—		120,984
Alternative investments:
Real estate 2		—		—		17,065		17,065
Total investments at fair value	$	433,151	$	1,228,095	$	17,065	$	1,678,311
Other 5								(11,339	)
Fair value of plan assets at end of year							$	1,666,972

1	Include direct investments and investment funds.
2	Include investments in investment funds only.
3	Include direct investments, investment funds and forward settling sales.
4	Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $13.5 million; the fair value of liability positions totaled $11.9 million.
5	Include primarily plan receivables and payables, net.

     

 The following table sets forth a summary of changes in the fair value of the Retirement Plan's Level 3 assets for each fiscal year:

	Real Estate			Private Equity		Total Level 3
	Fund			Funds		Measurements
	(In thousands)
Balance, June 27, 2009	$	14,839		$	—	$	14,839
Actual return on plan assets:
Relating to assets still held at the reporting date		(1,545	)		—		(1,545	)
Relating to assets sold during the period		(15	)		—		(15	)
Purchases and sales, net		3,786			—		3,786
Transfers in and/or out of Level 3		—			—		—
Balance, July 3, 2010	$	17,065		$	—	$	17,065
Actual return on plan assets:
Relating to assets still held at the reporting date		3,371			72		3,443
Relating to assets sold during the period		—			—		—
Purchases and sales, net		10,179			1,408		11,587
Transfers in and/or out of Level 3		—			—		—
Balance, July 2, 2011	$	30,615		$	1,480	$	32,095

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Debt and Other Financing Arrangements (Commercial Paper and Revolving Credit Facility) (Details) (USD $) In Millions	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Maximum board-authorized aggregate commercial paper limit	$ 1,300.0
Short term bank borrowings and commercial paper borrowings, minimum amount during period	0	0	0
Short term bank borrowings and commercial paper borrowings, maximum amount during period	330.3	1.8	165.0
Commercial Paper [Member]
Outstanding commercial paper borrowings	0	0
Commercial Paper Revolver [Member]
Committed facility for unsecured borrowings, limit	$ 1,000.0
Committed facility for unsecured borrowings, expiration date	2012-11-04

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Share-Based Compensation (All Share-Based Payment Arrangements) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011 years properties customers	Jul. 03, 2010	Jun. 27, 2009
Share-based Compensation [Abstract]
Share-based compensation expense	$ 59,235,000	$ 66,358,000	$ 56,030,000
Total income tax benefit recognized on share-based compensation expense	18,200,000	13,900,000	9,900,000
Total unrecognized compensation cost related to share-based compensation arrangements	61,300,000
Weighted average period of time for unrecognized compensation cost to be recognized (in years)	2.62
Cash received from options exercises and purchase of shares under the employees' stock purchase plan	332,700,000	94,800,000	111,800,000
Actual tax benefit realized for tax deductions from option exercises	$ 15,900,000	$ 5,400,000	$ 7,400,000

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Share-Based Compensation (Stock Options) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011 years properties customers	Jul. 03, 2010 years	Jun. 27, 2009 years
Expense reduction due to change in retirement eligible expense methodology upon adoption of fair value recognition provisions of the stock compensation accounting guidance			$ 3,500,000
Dividend yield	3.50%	3.60%	3.20%
Expected volatility	23.40%	25.40%	34.70%
Risk-free interest rate	1.20%	2.30%	2.30%
Expected life (years)	5.0	4.9	4.5
Options outstanding, beginning balance, shares	72,835,397
Options granted, shares	7,190,250	8,494,200	8,089,750
Options exercised, shares	(11,461,735)
Options forfeited, shares	(422,309)
Options expired, shares	(749,295)
Options outstanding, ending balance, shares	67,392,308	72,835,397
Options vested or expected to vest, shares	66,718,623
Options exercisable, shares	45,522,993
Options outstanding, beginning balance, weighted average exercise price	$ 29.72
Options granted, weighted average exercise price	$ 28.86
Options exercised, weighted average exercise price	$ 27.20
Options forfeited, weighted average exercise price	$ 28.24
Options expired, weighted average exercise price	$ 31.23
Options outstanding, ending balance, weighted average exercise price	$ 30.05	$ 29.72
Options vested or expected to vest, weighted average exercise price	$ 30.07
Options exercisable, weighted average exercise price	$ 30.90
Options outstanding, ending balance, weighted average remaining contractual term	2.77
Options vested or expected to vest, weighted average remaining contractual term	2.75
Options exercisable, weighted average remaining contractual term	1.67
Options outstanding, ending balance, aggregate intrinsic value	120,024,000
Options vested or expected to vest, aggregate intrinsic value	117,725,000
Options exercisable, aggregate intrinsic value	46,562,000
Weighted average fair value of options granted in period	$ 3.96	$ 4.53	$ 5.88
Total intrinsic value of options exercised in period	$ 45,500,000	$ 16,300,000	$ 24,400,000
Executive officer [Member]
Options granted, shares	1,423,000	1,451,500	1,395,000
Number of employees receiving options in period	11	12	12
Key employees [Member]
Options granted, shares	5,767,250	7,042,700	6,694,750
Number of employees receiving options in period	1,500	1,600	1,700

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Commitments and Contingencies (Fuel Commitments) (Details) (Fuel Commitments [Member], USD $) In Millions	Jul. 02, 2011
Fuel Commitments [Member]
Minimum amount committed under significant purchase commitment	$ 85.6

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Employee Benefit Plans (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Maximum matching percentage of 401(k) contribution	50.00%
Percentage of matched employee contribution	6.00%
401(k) expense	$ 19.8	$ 22.8	$ 30.2
Multi-employer plan contributions	32.8	51.5	48.0
Multi-Employer Plan Withdrawal Liability [Member]
Loss contingency, payments made	$ 0	$ 17.4	$ 15.0

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Supplemental Guarantor Information - Subsidiary Guarantees (Cash Flows) (Details) (USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Net cash provided by (used for) operating activities	$ 1,091,518	$ 885,428	$ 1,576,749
Net cash used for investing activities	(679,556)	(656,320)	(658,663)
Net cash (used for) provided by financing activities	(377,907)	(667,030)	(379,643)
Effect of exchange rates on cash	20,267	4,714	334
Intercompany activity	0	0	0
Net (decrease) in cash and cash equivalents	54,322	(433,208)	538,777
Cash and cash equivalents at beginning of period	585,443	1,018,651	479,874
Cash and cash equivalents at end of period	639,765	585,443	1,018,651
Subsidiary Guarantee [Member] | Sysco-Debt Issuing Parent [Member]
Net cash provided by (used for) operating activities	(491,211)	(649,277)	(493,984)
Net cash used for investing activities	(203,090)	(225,565)	(82,684)
Net cash (used for) provided by financing activities	(555,282)	(664,236)	(380,564)
Effect of exchange rates on cash	0	0	0
Intercompany activity	1,181,573	1,013,405	1,369,782
Net (decrease) in cash and cash equivalents	(68,010)	(525,673)	412,550
Cash and cash equivalents at beginning of period	373,523	899,196	486,646
Cash and cash equivalents at end of period	305,513	373,523	899,196
Subsidiary Guarantee [Member] | U.S. Broadline Subsidiaries [Member]
Net cash provided by (used for) operating activities	1,243,884	1,239,657	1,752,869
Net cash used for investing activities	(318,382)	(228,769)	(296,933)
Net cash (used for) provided by financing activities	1,263	559	1,060
Effect of exchange rates on cash	0	0	0
Intercompany activity	(926,546)	(1,011,728)	(1,458,992)
Net (decrease) in cash and cash equivalents	219	(281)	(1,996)
Cash and cash equivalents at beginning of period	31,935	32,216	34,212
Cash and cash equivalents at end of period	32,154	31,935	32,216
Subsidiary Guarantee [Member] | Other Non-Guarantor Subsidiaries [Member]
Net cash provided by (used for) operating activities	338,845	295,048	317,864
Net cash used for investing activities	(158,084)	(201,986)	(279,046)
Net cash (used for) provided by financing activities	176,112	(3,353)	(139)
Effect of exchange rates on cash	20,267	4,714	334
Intercompany activity	(255,027)	(1,677)	89,210
Net (decrease) in cash and cash equivalents	122,113	92,746	128,223
Cash and cash equivalents at beginning of period	179,985	87,239	(40,984)
Cash and cash equivalents at end of period	$ 302,098	$ 179,985	$ 87,239

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Allowance for Doubtful Accounts

12 Months Ended

Jul. 02, 2011

Alllowance for Doubtful Accounts [Abstract]

Allowance for Doubtful Accounts

5. ALLOWANCE FOR DOUBTFUL ACCOUNTS

     A summary of the activity in the allowance for doubtful accounts appears below:

	2011			2010			2009
	(In thousands)
Balance at beginning of period	$	36,573		$	36,078		$	31,730
Charged to costs and expenses		42,623			34,931			74,638
Allowance accounts resulting from acquisitions and other		1,063			(139	)		1,587
Customer accounts written off, net of recoveries		(37,823	)		(34,297	)		(71,877	)
Balance at end of period	$	42,436		$	36,573		$	36,078

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Income Taxes (Uncertain Tax Positions) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010
Unrecognized tax benefits at beginning of year	$ 89,851,000	$ 92,145,000
Unrecognized tax benefits, additions for tax positions related to prior years	21,099,000	2,796,000
Unrecognized tax benefits, reductions for tax positions related to prior years	(11,955,000)	(8,645,000)
Unrecognized tax benefits, additions for tax positions related to current year	0	19,595,000
Unrecognized tax benefits, reductions for tax positions related to current year	0	0
Unrecognized tax benefits, reductions due to settlements with taxing authorities	(25,294,000)	(15,608,000)
Unrecognized tax benefits, reductions due to lapse of applicable statute of limitations	(1,610,000)	(432,000)
Unrecognized tax benefits at end of year	72,091,000	89,851,000
Liability recorded for interest and penalities related to unrecognized tax benefits	33,200,000	40,600,000
Expense recorded for interest and penalties related to unrecognized tax benefits	7,200,000	12,000,000
Amount of unrecognized tax benefits at balance sheet date that, if recognized, would impact effective tax rate	40,100,000
Current Taxes [Member]
Unrecognized tax benefits at end of year	15,900,000	15,900,000
Liability recorded for interest and penalities related to unrecognized tax benefits	$ 8,700,000	$ 8,700,000

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Share-Based Compensation

12 Months Ended

Jul. 02, 2011

Share-based Compensation [Abstract]

Share-Based Compensation

15. SHARE-BASED COMPENSATION

     Sysco provides compensation benefits to employees and non-employee directors under several share-based payment arrangements including various employee stock option plans, the Employees' Stock Purchase Plan, the Management Incentive Plan and various non-employee director plans.

Stock Incentive Plans

     In November 2009, Sysco's 2007 Stock Incentive Plan was amended and provides for the issuance of up to 55,000,000 shares of Sysco common stock for share-based awards to officers and other employees of the company. Of the 55,000,000 authorized shares, the full 55,000,000 shares may be issued as options or stock appreciation rights and up to 10,000,000 shares may be issued as restricted stock, restricted stock units or other types of stock-based awards. To date, Sysco has issued options, restricted stock and restricted stock units under this plan. Vesting requirements for awards under this plan will vary by individual grant and may include either time-based vesting or time-based vesting subject to acceleration based on performance criteria for fiscal periods of at least one year. The contractual life of all options granted under this plan will be no greater than seven years. As of July 2, 2011, there were 24,814,016 remaining shares authorized and available for grant in total under the amended 2007 Stock Incentive Plan, of which the full 24,814,016 shares may be issued as options or stock appreciation rights, or as a combination of up to 8,667,189 shares that may be issued as restricted stock, restricted stock units or other types of stock-based awards with the remainder available for issuance as options or stock appreciation rights.

     Sysco has also granted employee options under several previous employee stock option plans for which previously granted options remain outstanding as of July 2, 2011. No new options will be issued under any of the prior plans, as future grants to employees will be made through the amended 2007 Stock Incentive Plan or subsequently adopted plans. Vesting requirements for awards under these plans vary by individual grant and include either time-based vesting or time-based vesting subject to acceleration based on performance criteria. The contractual life of all options granted under these plans through July 3, 2004 is 10 years; options granted after July 3, 2004 have a contractual life of seven years.

     In November 2009, Sysco's 2009 Non-Employee Directors Stock Plan was adopted and provides for the issuance of up to 750,000 shares of Sysco common stock for share-based awards to non-employee directors. The authorized shares may be granted as restricted stock, restricted stock units, elected shares or additional shares. In addition, options and unvested common shares also remained outstanding as of July 2, 2011 under previous non-employee director stock plans. No further grants will be made under these previous plans, as all future grants to non-employee directors will be made through the 2009 Non-Employee Directors Stock Plan or subsequently adopted plans. Vesting requirements for awards under these plans vary by individual grant and include either time-based vesting or vesting based on performance criteria. The contractual life of all options granted under these plans through July 3, 2004 is 10 years; options granted after July 3, 2004 have a contractual life of seven years. As of July 2, 2011, there were 652,097 remaining shares authorized and available for grant in total under the 2009 Non-Employee Directors Stock Plan.

Stock Options

     Certain of Sysco's option awards are subject to graded vesting over a service period. In those cases, Sysco recognizes compensation cost on a straight-line basis over the requisite service period for the entire award. In other cases, certain of Sysco's option awards provide for graded vesting over a service period but include a performance-based provision allowing for accelerated vesting. In these cases, if it is probable that the performance condition will be met, Sysco recognizes compensation cost on a straight-line basis over the shorter performance period; otherwise, it will recognize compensation cost over the longer service period.

     In addition, certain of Sysco's options provide that the options continue to vest as if the optionee continued to be an employee or director if the optionee meets certain age and years of service thresholds upon retirement. In these cases, for awards granted through July 2, 2005, Sysco will recognize the compensation cost for such awards over the service period and accelerate any remaining unrecognized compensation cost when the employee retires. Due to the adoption of the fair value recognition provisions of the stock compensation accounting guidance, for awards granted subsequent to July 2, 2005, Sysco will recognize compensation cost for such awards over the period from the grant date to the date the employee or director first becomes eligible to retire with the options continuing to vest after retirement. If Sysco had recognized compensation cost for such awards over the period from the grant date to the date the employee or the director first became eligible to retire with the options continuing to vest after retirement for all periods presented, recognized compensation cost would not have been materially different for fiscal 2011 or fiscal 2010. Recognized compensation cost would have been $3.5 million lower for fiscal 2009.

     The fair value of each option award is estimated as of the date of grant using a Black-Scholes option pricing model. The weighted average assumptions for the periods indicated are noted in the following table. Expected volatility is based on historical volatility of Sysco's stock, implied volatilities from traded options on Sysco's stock and other factors. Sysco utilizes historical data to estimate option exercise and employee termination behavior within the valuation model; separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. Expected dividend yield is estimated based on the historical pattern of dividends and the average stock price for the year preceding the option grant. The risk-free rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant.

     The following weighted-average assumptions were used for each fiscal year presented:

	2011			2010			2009
Dividend yield		3.5	%		3.6	%		3.2	%
Expected volatility		23.4	%		25.4	%		34.7	%
Risk-free interest rate		1.2	%		2.3	%		2.3	%
Expected life	5.0 years			4.9 years			4.5 years

     The following summary presents information regarding outstanding options as of July 2, 2011 and changes during the fiscal year then ended with regard to options under all stock incentive plans:

						Weighted Average
				Weighted		Remaining		Aggregate
	Shares Under			Average Exercise		Contractual Term		Intrinsic Value
	Option			Price Per Share		(in years)		(in thousands)
Outstanding as of July 3, 2010		72,835,397		$	29.72
Granted		7,190,250			28.86
Exercised		(11,461,735	)		27.20
Forfeited		(422,309	)		28.24
Expired		(749,295	)		31.23
Outstanding as of July 2, 2011		67,392,308		$	30.05		2.77	$	120,024
Vested or expected to vest as of July 2, 2011		66,718,623		$	30.07		2.75	$	117,725
Exercisable as of July 2, 2011		45,522,993		$	30.90		1.67	$	46,562

     The total number of employee options granted was 7,190,250, 8,494,200 and 8,089,750 in fiscal years 2011, 2010 and 2009, respectively. During fiscal 2011, 1,423,000 options were granted to 11 executive officers and 5,767,250 options were granted to approximately 1,500 other key employees. During fiscal 2010, 1,451,500 options were granted to 12 executive officers and 7,042,700 options were granted to approximately 1,600 other key employees. During fiscal 2009, 1,395,000 options were granted to 12 executive officers and 6,694,750 options were granted to approximately 1,700 other key employees.

     The weighted average grant-date fair value of options granted in fiscal 2011, 2010 and 2009 was $3.96, $4.53 and $5.88, respectively. The total intrinsic value of options exercised during fiscal 2011, 2010 and 2009 was $45.5 million, $16.3 million and $24.4 million, respectively.

Restricted Stock Units

     During fiscal 2011 and 2010, 656,000 and 652,300 restricted stock units, respectively, were granted to employees that will vest ratably over a three-year period. The majority of these restricted stock units were granted with dividend equivalents. The fair value of each restricted stock unit award granted with a dividend equivalent is based on the company's stock price as of the date of grant. For restricted stock unit awards granted without dividend equivalents, the fair value was reduced by the present value of expected dividends during the vesting period. The weighted average grant-date fair value per share of restricted stock units granted during the fiscal 2011 and 2010 was $28.72 and $27.24, respectively.

Restricted Stock

     In fiscal 2009, 75,822 shares of restricted stock were granted to an executive officer. The fair value of these shares was $23.74 per share, which was based on the stock price on the grant date. These shares will vest ratably over a three-year period. In fiscal 2010, this executive officer announced his retirement, and 37,911 of the shares were forfeited according to the terms of the agreement. The remaining shares have vested according to the terms of the agreement as amended in connection with the executive officer's retirement.

Non-Employee Director Awards

     The 2009 Non-Employee Directors Stock Plan, as well as previous plans, provides for the issuance of restricted awards to current non-employee directors. During fiscal 2011, 2010 and 2009, 60,973, 58,310 and 65,631 shares, respectively, of restricted awards were granted to non-employee directors. The awards granted in fiscal 2011 vest over a one-year period, and the awards granted in fiscal 2010 and 2009 vest over a three-year period. Beginning in fiscal 2011, the non-employee directors may elect to receive these awards in restricted stock shares that will vest at the end of the award's stated vesting period or as deferred units which convert into shares of Sysco common stock upon a date selected by the non-employee director that is subsequent to the award's stated vesting date. The fair value of the restricted awards is based on the company's stock price as of the date of grant. The weighted average grant-date fair value of the shares granted during fiscal 2011, 2010 and 2009 was $28.87, $27.44 and $24.99, respectively.

     Under the 2009 Non-Employee Directors Stock Plan, non-employee directors may elect to receive up to 100% of their annual directors' fees in Sysco common stock on either an annual or deferred basis. Previous plans allowed for the election to receive up to 50% of annual directors' fees in Sysco common stock. Sysco provides a matching grant of 50% of the number of shares received for the stock election subject to certain limitations. As a result of such elections, a total of 27,979, 23,111 and 21,966 shares with a weighted-average grant date fair value of $29.26, $24.42 and $27.49 per share were issued in fiscal 2011, 2010 and 2009, respectively, in the form of fully vested common stock or deferred units.

Summary of Nonvested Awards

     The following summary presents information regarding outstanding nonvested awards as of July 2, 2011 and changes during the fiscal year then ended with regard to these awards under all stock incentive plans. Award types represented include: restricted stock units granted to employees, restricted stock granted to employees and restricted awards granted to non-employee directors.

				Weighted
				Average Grant
				Date Fair Value
	Shares			Per Share
Nonvested as of July 3, 2010		778,623		$	27.23
Granted		716,973			28.73
Vested		(285,536	)		27.30
Forfeited		(7,534	)		29.22
Nonvested as of July 2, 2011		1,202,526		$	28.10

Employees' Stock Purchase Plan

     Sysco has an Employees' Stock Purchase Plan that permits employees to invest in Sysco common stock by means of periodic payroll deductions at discount of 15% from the closing price on the last business day of each calendar quarter. In November 2010, the Employees' Stock Purchase Plan was amended to reserve an additional 5,000,000 shares of Sysco common stock for issuance under the plan. Including the additional 5,000,000 shares reserved in fiscal 2011, the total number of shares which may be sold pursuant to the plan may not exceed 79,000,000 shares, of which 6,902,496 remained available as of July 2, 2011.

     During fiscal 2011, 1,655,100 shares of Sysco common stock were purchased by the participants as compared to 1,827,386 shares purchased in fiscal 2010 and 2,031,695 shares purchased in fiscal 2009. In July 2011, 377,730 shares were purchased by participants.

     The weighted average fair value of employee stock purchase rights issued pursuant to the Employees' Stock Purchase Plan was $4.28, $3.87 and $3.85 per share during fiscal 2011, 2010 and 2009, respectively. The fair value of the stock purchase rights was calculated as the difference between the stock price at date of issuance and the employee purchase price.

Management Incentive Compensation

     Sysco's Management Incentive Plan compensates key management personnel for specific performance achievements. With respect to bonuses for fiscal 2008 and earlier years, the bonuses earned and expensed under this plan were paid in the following fiscal year in both cash and stock or deferred for payment in future years at the election of each participant. The stock awards under this plan immediately vested upon issuance; however, participants were restricted from selling, transferring, giving or otherwise conveying the shares for a period of two years from the date of issuance of such shares. The fair value of the stock issued under the Management Incentive Plan was based on the stock price less a 12% discount for post-vesting restrictions. The discount for post-vesting restrictions was estimated based on restricted stock studies and by calculating the cost of a hypothetical protective put option over the restriction period. In May 2008, the Management Incentive Plan was amended to remove the stock component of the bonus structure from all future bonuses granted. A total of 672,087 shares at a fair value of $28.22 were issued pursuant to this plan in fiscal 2009 for bonuses earned in the fiscal 2008, the final year the bonus included a stock component.

All Share-Based Payment Arrangements

     The total share-based compensation cost that has been recognized in results of operations was $59.2 million, $66.4 million and $56.0 million for fiscal 2011, 2010 and 2009, respectively, and is included within operating expenses in the consolidated results of operations. The total income tax benefit recognized in results of operations for share-based compensation arrangements was $18.2 million, $13.9 million and $9.9 million for fiscal 2011, 2010 and 2009, respectively.

     As of July 2, 2011, there was $61.3 million of total unrecognized compensation cost related to share-based compensation arrangements. That cost is expected to be recognized over a weighted-average period of 2.62 years.

     Cash received from option exercises and purchases of shares under the Employees' Stock Purchase Plan was $332.7 million, $94.8 million and $111.8 million during fiscal 2011, 2010 and 2009, respectively. The actual tax benefit realized for the tax deductions from option exercises totaled $15.9 million, $5.4 million and $7.4 million during fiscal 2011, 2010 and 2009, respectively.

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Employee Benefit Plans (Estimated Future Benefit Payments) (Details) (USD $) In Thousands	Jul. 02, 2011
Pension Benefits [Member]
Estimated future benefit payment in year one	$ 65,259
Estimated future benefit payment in year two	71,326
Estimated future benefit payment in year three	79,496
Estimated future benefit payment in year four	88,530
Estimated future benefit payment in year five	99,221
Estimated future benefit payment after year five	680,580
Other Postretirement Plans [Member]
Estimated future benefit payment in year one	346
Estimated future benefit payment in year two	455
Estimated future benefit payment in year three	638
Estimated future benefit payment in year four	802
Estimated future benefit payment in year five	957
Estimated future benefit payment after year five	$ 5,697

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Employee Benefit Plans (Components of Net Benefit Costs and Other Comprehensive Income) (Details) (USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Pension liability assumption, before tax			$ (26,704,000)
Prior service (cost) credit arising in current year, before tax	(9,239,000)		(575,000)
Net actuarial (loss) gain, net, arising in current year, before tax	83,898,000	(454,756,000)	(197,604,000)
Amortization of prior service cost	4,145,000	4,394,000	3,923,000
Amortization of net actuarial losses (gains)	(79,564,000)	(40,037,000)	(17,571,000)
Amortization of transition obligation	(153,000)	(153,000)	(153,000)
Amortization of prior service cost in next fiscal year	5,020,000
Amortization of net actuarial losses (gains) in next fiscal year	(59,835,000)
Amortization of transition obligation in next fiscal year	(153,000)
Total amounts that will be amortized from accumulated other comprehensive loss (income) in next fiscal year	65,008,000
Pension Benefits [Member]
Service cost	99,443,000	66,650,000	80,899,000
Interest cost	134,973,000	119,593,000	113,715,000
Expected return on plan assets	(131,921,000)	(104,860,000)	(127,422,000)
Amortization of prior service cost	3,960,000	4,209,000	3,793,000
Amortization of net actuarial loss (gain)	79,952,000	40,526,000	17,729,000
Net pension costs/ Net other postretirement benefit costs	186,407,000	126,118,000	88,714,000
Net increase in net company-sponsored pension costs during period	60,300,000
Expected decrease in net company-sponsored pension costs in next fiscal year	27,300,000
Pension liability assumption, before tax	0	0	(26,704,000)
Prior service (cost) credit arising in current year, before tax	(8,252,000)	0	(48,000)
Net actuarial (loss) gain, net, arising in current year, before tax	84,055,000	(454,023,000)	(201,417,000)
Total changes recognized in other comprehensive (loss) income	159,715,000	(409,288,000)	(206,647,000)
Amortization of prior service cost	3,960,000	4,209,000	3,793,000
Amortization of net actuarial losses (gains)	(79,952,000)	(40,526,000)	(17,729,000)
Amortization of prior service cost in next fiscal year	4,805,000
Amortization of net actuarial losses (gains) in next fiscal year	(60,166,000)
Amortization of transition obligation in next fiscal year	0
Total amounts that will be amortized from accumulated other comprehensive loss (income) in next fiscal year	64,971,000
Other Postretirement Plans [Member]
Service cost	396,000	328,000	490,000
Interest cost	524,000	562,000	624,000
Amortization of prior service cost	185,000	185,000	130,000
Amortization of net actuarial loss (gain)	(388,000)	(490,000)	(158,000)
Amortization of transition obligation	153,000	153,000	153,000
Net pension costs/ Net other postretirement benefit costs	870,000	738,000	1,239,000
Prior service (cost) credit arising in current year, before tax	(987,000)	0	(527,000)
Net actuarial (loss) gain, net, arising in current year, before tax	(157,000)	(733,000)	3,813,000
Total changes recognized in other comprehensive (loss) income	(1,194,000)	(885,000)	3,411,000
Amortization of prior service cost	185,000	185,000	130,000
Amortization of net actuarial losses (gains)	388,000	490,000	158,000
Amortization of transition obligation	(153,000)	(153,000)	(153,000)
Amortization of prior service cost in next fiscal year	215,000
Amortization of net actuarial losses (gains) in next fiscal year	331,000
Amortization of transition obligation in next fiscal year	(153,000)
Total amounts that will be amortized from accumulated other comprehensive loss (income) in next fiscal year	$ 37,000

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Shareholders' Equity (Tables)

12 Months Ended

Jul. 02, 2011

Stockholders Equity [Abstract]

Computation of basic and diluted earnings per share table

			2010
	2011		(53 Weeks)		2009
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	1,152,030	$	1,179,983	$	1,055,948
Denominator:
Weighted-average basic shares outstanding		586,526,142		592,157,221		595,127,577
Dilutive effect of share-based awards		2,165,404		1,432,821		941,627
Weighted-average diluted shares outstanding		588,691,546		593,590,042		596,069,204
Basic earnings per share:	$	1.96	$	1.99	$	1.77
Diluted earnings per share:	$	1.96	$	1.99	$	1.77

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Shareholders' Equity (Details) (USD $)	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Net earnings x	$ 336,310,000	$ 258,478,000	$ 258,173,000	$ 299,069,000	$ 337,781,000	$ 247,648,000	$ 268,349,000	$ 326,205,000	$ 1,152,030,000	$ 1,179,983,000	$ 1,055,948,000
Weighted-average basic shares outstanding									586,526,142	592,157,221	595,127,577
Dilutive effect of share-based awards									2,165,404	1,432,821	941,627
Weighted-average diluted shares outstanding									588,691,546	593,590,042	596,069,204
Basic earnings per share (in USD per share)	$ 0.57	$ 0.44	$ 0.44	$ 0.51	$ 0.57	$ 0.42	$ 0.45	$ 0.55	$ 1.96	$ 1.99	$ 1.77
Diluted earnings per share (in USD per share)	$ 0.57	$ 0.44	$ 0.44	$ 0.51	$ 0.57	$ 0.42	$ 0.45	$ 0.55	$ 1.96	$ 1.99	$ 1.77
Dividends declared									604,500,000	585,734,000	557,487,000
Stock Options [Member]
Number of anti-dilutive options									50,700,000	58,200,000	63,000,000
Common stock [Member]
Dividends declared but not paid	$ 155,000,000				$ 148,000,000				$ 155,000,000	$ 148,000,000	$ 142,000,000

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Summary of Accounting Policies (Policy)

12 Months Ended

Jul. 02, 2011

Summary of Accounting Policies [Abstract]

Business and Consolidation

Business and Consolidation

     Sysco Corporation, acting through its subsidiaries and divisions, (Sysco or the company), is engaged in the marketing and distribution of a wide range of food and related products primarily to the foodservice or food-away-from-home industry. These services are performed for approximately 400,000 customers from 177 distribution facilities located throughout the United States, Canada and Ireland.

     Sysco's fiscal year ends on the Saturday nearest to June 30^th. This resulted in a 52-week year ending July 2, 2011, a 53-week year ending July 3, 2010 for fiscal 2010 and a 52-week year ending June 27, 2009 for 2009.

     The accompanying financial statements include the accounts of Sysco and its consolidated subsidiaries. All significant intercompany transactions and account balances have been eliminated.

     The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates that affect the reported amounts of assets, liabilities, sales and expenses. Actual results could differ from the estimates used.

     Sysco's management has changed the way it evaluates the performance of its operating segment results. Beginning with the first quarter of fiscal 2012, each segment's operating income no longer includes certain centrally incurred costs for corporate overhead and shared services. Previously, these centrally incurred costs were charged to the segments based upon the relative level of service used by each operating segment. Management now evaluates the performance of each of its operating segments based on its respective operating income results, which excludes the allocation of certain centrally incurred costs. This results in higher operating income at an operating segment level and higher corporate expenses.

     Also in the first quarter of fiscal 2012, Sysco changed the consolidated results of operations for the classification of certain centrally incurred purchasing costs to be recognized within operating expenses. Prior to fiscal 2012, these costs were netted against cost of sales and reflected as a reduction to gross profit.

     As a result of these changes, Note 1, Note 19, Note 20 and Note 21 have been revised to show the new basis of operating segment results. The consolidated results of operations and Note 22 have been reclassified to demonstrate the changed classification of centrally incurred purchasing costs.

Cash and Cash Equivalents

Cash and Cash Equivalents

     For cash flow purposes, cash includes cash equivalents such as time deposits, certificates of deposit, short-term investments and all highly liquid instruments with original maturities of three months or less, which are recorded at fair value.

Accounts Receivable

Accounts Receivable

     Accounts receivable consist primarily of trade receivables from customers and receivables from suppliers for marketing or incentive programs. Sysco determines the past due status of trade receivables based on contractual terms with each customer. Sysco evaluates the collectability of accounts receivable and determines the appropriate reserve for doubtful accounts based on a combination of factors. The company utilizes specific criteria to determine uncollectible receivables to be written off including whether a customer has filed for or been placed in bankruptcy, has had accounts referred to outside parties for collection or has had accounts past due over specified periods. Allowances are recorded for all other receivables based on an analysis of historical trends of write-offs and recoveries. In addition, in circumstances where the company is aware of a specific customer's inability to meet its financial obligation to Sysco, a specific allowance for doubtful accounts is recorded to reduce the receivable to the net amount reasonably expected to be collected.

Inventories

Inventories

     Inventories consisting primarily of finished goods include food and related products and lodging products held for resale and are valued at the lower of cost (first-in, first-out method) or market. Elements of costs include the purchase price of the product and freight charges to deliver the product to the company's warehouses and are net of certain cash or non-cash consideration received from vendors (see "Vendor Consideration").

Plant and Equipment

Plant and Equipment

     Capital additions, improvements and major replacements are classified as plant and equipment and are carried at cost. Depreciation is recorded using the straight-line method, which reduces the book value of each asset in equal amounts over its estimated useful life, and is included within operating expenses in the consolidated results of operations. Maintenance, repairs and minor replacements are charged to earnings when they are incurred. Upon the disposition of an asset, its accumulated depreciation is deducted from the original cost, and any gain or loss is reflected in current earnings.

     Certain internal and external costs related to the acquisition and development of internal use software being built within our Business Transformation Project are capitalized within plant and equipment during the application development stages of the project. This project is primarily in the development stage as of July 2, 2011 and no material depreciation has occurred.

     Applicable interest charges incurred during the construction of new facilities and development of software for internal use are capitalized as one of the elements of cost and are amortized over the assets' estimated useful lives. Interest capitalized for the past three fiscal years was $13.9 million in fiscal 2011, $10.0 million in fiscal 2010 and $3.5 million in fiscal 2009.

Long-Lived Assets

Long-Lived Assets

     Management reviews long-lived assets for indicators of impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Cash flows expected to be generated by the related assets are estimated over the asset's useful life based on updated projections on an undiscounted basis. If the evaluation indicates that the carrying value of the asset may not be recoverable, the potential impairment is measured at fair value.

Goodwill and Intangibles

Goodwill and Intangibles

     Goodwill and intangibles represent the excess of cost over the fair value of tangible net assets acquired. Goodwill and intangibles with indefinite lives are not amortized. Goodwill is assigned to the reporting units that are expected to benefit from the synergies of a business combination. The recoverability of goodwill and indefinite-lived intangibles is assessed annually, or more frequently as needed when events or changes have occurred that would suggest an impairment of carrying value, by determining whether the fair values of the applicable reporting units exceed their carrying values. The reporting units used to assess goodwill impairment are the company's eight operating segments as described in Note 19, "Business Segment Information." The components within each of the eight operating segments have similar economic characteristics and therefore are aggregated into eight reporting units. The evaluation of fair value requires the use of projections, estimates and assumptions as to the future performance of the operations in performing a discounted cash flow analysis, as well as assumptions regarding sales and earnings multiples that would be applied in comparable acquisitions.

     Intangibles with definite lives are amortized on a straight-line basis over their useful lives, which generally range from three to ten years. Management reviews finite-lived intangibles for indicators of impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Cash flows expected to be generated by the finite-lived intangibles are estimated over the intangible asset's useful life based on updated projections on an undiscounted basis. If the evaluation indicates that the carrying value of the finite-lived intangible asset may not be recoverable, the potential impairment is measured at fair value.

Restricted Cash

Restricted Cash

     Sysco is required by its insurers to collateralize a part of the self-insured portion of its workers' compensation and liability claims. Sysco has chosen to satisfy these collateral requirements by depositing funds in insurance trusts or by issuing letters of credit. All amounts in restricted cash at July 2, 2011 and July 3, 2010 represented funds deposited in insurance trusts.

Derivative Financial Instruments

Derivative Financial Instruments

     All derivatives are recognized as assets or liabilities within the consolidated balance sheets at fair value. Gains or losses on derivative financial instruments designated as fair value hedges are recognized immediately in the consolidated results of operations, along with the offsetting gain or loss related to the underlying hedged item.

     Gains or losses on derivative financial instruments designated as cash flow hedges are recorded as a separate component of shareholders' equity at their settlement, whereby gains or losses are reclassified to the Consolidated Results of Operations in conjunction with the recognition of the underlying hedged item.

     In the normal course of business, Sysco enters into forward purchase agreements for the procurement of fuel and electricity. Certain of these agreements meet the definition of a derivative. However, the company elected to use the normal purchase and sale exemption available under derivatives accounting literature; therefore, these agreements are not recorded at fair value.

Investments in Corporate-Owned Life Insurance

Investments in Corporate-Owned Life Insurance

     Investments in corporate-owned life insurance (COLI) policies are recorded at their cash surrender values as of each balance sheet date. Changes in the cash surrender value during the period are recorded as a gain or loss within operating expenses. The company does not record deferred tax balances related to cash surrender value gains or losses for the policies that Sysco has the intent to hold these policies to maturity. Deferred tax balances are recorded for those policies that Sysco intends to redeem prior to maturity. The total amounts related to the company's investments in COLI policies included in other assets in the consolidated balance sheets were $231.3 million and $203.2 million at July 2, 2011 and July 3, 2010, respectively.

Treasury Stock

Treasury Stock

     The company records treasury stock purchases at cost. Shares removed from treasury are valued at cost using the average cost method.

Foreign Currency Translation

Foreign Currency Translation

     The assets and liabilities of all foreign subsidiaries are translated at current exchange rates. Related translation adjustments are recorded as a component of accumulated other comprehensive income (loss).

Revenue Recognition

Revenue Recognition

     The company recognizes revenue from the sale of a product when it is considered to be realized or realizable and earned. The company determines these requirements to be met at the point at which the product is delivered to the customer. The company grants certain customers sales incentives such as rebates or discounts and treats these as a reduction of sales at the time the sale is recognized. Sales tax collected from customers is not included in revenue but rather recorded as a liability due to the respective taxing authorities. Purchases and sales of inventory with the same counterparty that are entered into in contemplation of one another are considered to be a single nonmonetary transaction. As such, the company records the net effect of such transactions in the consolidated results of operations within sales.

Vendor Consideration

Vendor Consideration

     Sysco recognizes consideration received from vendors when the services performed in connection with the monies received are completed and when the related product has been sold by Sysco as a reduction to cost of sales. There are several types of cash consideration received from vendors. In many instances, the vendor consideration is in the form of a specified amount per case or per pound. In these instances, Sysco will recognize the vendor consideration as a reduction of cost of sales when the product is sold. In the situations in which the vendor consideration is not related directly to specific product purchases, Sysco will recognize these as a reduction of cost of sales when the earnings process is complete, the related service is performed and the amounts are realized.

Shipping and Handling Costs

Shipping and Handling Costs

     Shipping and handling costs include costs associated with the selection of products and delivery to customers. Included in operating expenses are shipping and handling costs of approximately $2,222.1 million in fiscal 2011, $2,103.3 million in fiscal 2010, and $2,136.8 million in fiscal 2009.

Insurance Program

Insurance Program

     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. Liabilities associated with these risks are estimated in part by considering historical claims experience, medical cost trends, demographic factors, severity factors and other actuarial assumptions.

Share-Based Compensation

Share-Based Compensation

     Sysco recognizes expense for its share-based compensation based on the fair value of the awards that are granted. The fair value of stock options is estimated at the date of grant using the Black-Scholes option pricing model. Option pricing methods require the input of highly subjective assumptions, including the expected stock price volatility. The fair value of restricted stock and restricted stock unit awards are based on the company's stock price on the date of grant. Measured compensation cost is recognized ratably over the vesting period of the related share-based compensation award. Cash flows resulting from tax deductions in excess of the compensation cost recognized for those options (excess tax benefits) are classified as financing cash flows on the consolidated cash flows statements.

Income Taxes

Income Taxes

     Sysco recognizes deferred tax assets and liabilities based on the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured pursuant to tax laws using rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The impact on deferred tax assets and liabilities of a change in tax rate is recognized in income in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amount more likely than not to be realized.

     Sysco recognizes a tax benefit from an uncertain tax position when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the position. The amount recognized is measured as the largest amount of tax benefit that has greater than a 50% likelihood of being realized upon settlement. To the extent interest and penalties may be assessed by taxing authorities on any underpayment of income tax, estimated amounts required by the accounting guidance related to uncertain tax positions have been accrued and are classified as a component of income taxes in the consolidated results of operations.

     The determination of the company's provision for income taxes requires significant judgment, the use of estimates and the interpretation and application of complex tax laws. The company's provision for income taxes primarily reflects a combination of income earned and taxed in the various U.S. federal and state, as well as various foreign jurisdictions. Jurisdictional tax law changes, increases or decreases in permanent differences between book and tax items, accruals or adjustments of accruals for tax contingencies or valuation allowances, and the company's change in the mix of earnings from these taxing jurisdictions all affect the overall effective tax rate.

Acqusitions

Acquisitions

     Acquisitions of businesses are accounted for using the purchase method of accounting, and the financial statements include the results of the acquired operations from the respective dates of acquisition.

     The purchase price of the acquired entities is allocated to the net assets acquired and liabilities assumed based on the estimated fair value at the dates of acquisition, with any excess of cost over the fair value of net assets acquired, including intangibles, recognized as goodwill. The balances included in the consolidated balance sheets related to recent acquisitions are based upon preliminary information and are subject to change when final asset and liability valuations are obtained. Subsequent changes to the preliminary balances are reflected retrospectively, if material. Material changes to the preliminary allocations are not anticipated by management.

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Changes in Consolidated Shareholders' Equity (USD $) In Thousands, except Share data	Common stock [Member]	Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total
Beginning balance, shareholders' equity at Jun. 28, 2008	$ 765,175	$ 712,208	$ 6,041,429	$ (68,768)	$ (4,041,058)	$ 3,408,986
Beginning balance, shares at Jun. 28, 2008	765,174,900				163,942,358
Net earnings x			1,055,948			1,055,948
Foreign currency translation adjustment				(84,452)		(84,452)
Amortization of cash flow hedge, net of tax				428		428
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax				13,335		13,335
Pension liability assumption, net of tax				(16,450)		(16,450)
Pension funded status adjustment, net of tax				(122,079)		(122,079)
Comprehensive income						846,730
Dividends declared			(557,487)			(557,487)
Treasury stock purchases, shares					16,951,200
Treasury stock purchases					(438,842)	(438,842)
Share-based compensation awards, shares					(5,745,155)
Share-based compensation awards		48,144			142,171	190,315
Ending balance, shareholders' equity at Jun. 27, 2009	765,175	760,352	6,539,890	(277,986)	(4,337,729)	3,449,702
Ending balance, shares at Jun. 27, 2009	765,174,900				175,148,403
Net earnings x			1,179,983			1,179,983
Foreign currency translation adjustment				49,973		49,973
Amortization of cash flow hedge, net of tax				428		428
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax				27,464		27,464
Pension funded status adjustment, net of tax				(280,130)		(280,130)
Comprehensive income						977,718
Dividends declared			(585,734)			(585,734)
Treasury stock purchases, shares					6,000,000
Treasury stock purchases					(179,174)	(179,174)
Share-based compensation awards, shares					(4,379,608)
Share-based compensation awards		56,481			108,533	165,014
Ending balance, shareholders' equity at Jul. 03, 2010	765,175	816,833	7,134,139	(480,251)	(4,408,370)	3,827,526
Ending balance, shares at Jul. 03, 2010	765,174,900				176,768,795
Net earnings x			1,152,030			1,152,030
Foreign currency translation adjustment				122,217		122,217
Amortization of cash flow hedge, net of tax				428		428
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax				51,659		51,659
Pension funded status adjustment, net of tax				45,989		45,989
Comprehensive income						1,372,323
Dividends declared			(604,500)			(604,500)
Treasury stock purchases, shares					10,000,000
Treasury stock purchases					(291,600)	(291,600)
Treasury stock issued for acquisitions, shares					(422,132)
Treasury stock issued for acquisitions		(10,625)			10,625	0
Share-based compensation awards, shares					(12,749,317)
Share-based compensation awards		81,546			319,947	401,493
Ending balance, shareholders' equity at Jul. 02, 2011	$ 765,175	$ 887,754	$ 7,681,669	$ (259,958)	$ (4,369,398)	$ 4,705,242
Ending balance, shares at Jul. 02, 2011	765,174,900				173,597,346

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Income Taxes

12 Months Ended

Jul. 02, 2011

Income Taxes [Abstract]

Income Taxes

16. INCOME TAXES

Income Tax Provisions

     The income tax provision for each fiscal year consists of the following:

			2010
	2011		(53 Weeks)		2009
			(In thousands)
United States federal income taxes	$	569,872	$	542,535	$	602,595
State and local income taxes		60,081		80,492		87,223
Foreign income taxes		45,471		46,579		25,068
Total	$	675,424	$	669,606	$	714,886

     The current and deferred components of the income tax provisions for each fiscal year are as follows:

				2010
	2011			(53 Weeks)			2009
				(In thousands)
Current	$	840,173		$	791,120		$	1,010,595
Deferred		(164,749	)		(121,514	)		(295,709	)
Total	$	675,424		$	669,606		$	714,886

     The deferred tax provisions result from the effects of net changes during the year in deferred tax assets and liabilities arising from temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

Internal Revenue Service Settlement

     Sysco's affiliate, Baugh Supply Chain Cooperative (BSCC), was a cooperative taxed under subchapter T of the United States Internal Revenue Code, the operation of which has resulted in a deferral of tax payments. The IRS, in connection with its audits of the company's 2003 through 2006 federal income tax returns, proposed adjustments that would have accelerated amounts that the company had previously deferred and would have resulted in the payment of interest on those deferred amounts. Sysco reached a settlement with the IRS in the first quarter of fiscal 2010 to cease paying U.S. federal taxes related to BSCC on a deferred basis, pay the amounts that were recorded within deferred taxes related to BSCC over a three-year period and make a one-time payment of $41.0 million, of which approximately $39.0 million was non-deductible. The settlement addressed the BSCC deferred tax issue as it related to the IRS audit of the company's 2003 through 2006 federal income tax returns, and settled the matter for all subsequent periods, including the 2007 and 2008 federal income tax returns already under audit. As a result of the settlement, the company agreed to pay the amounts owed in the following schedule:

	(In thousands)
Fiscal 2010	$	528,000
Fiscal 2011		212,000
Fiscal 2012		212,000

     As noted in the table above, payments related to the settlement were $212.0 million and $528.0 million in fiscal 2011 and fiscal 2010, respectively. Remaining amounts to be paid in 2012 will be paid in connection with the company's quarterly tax payments, two of which fall in the second quarter, one in the third quarter and one in the fourth quarter. The company believes it has access to sufficient cash on hand, cash flows from operations and current access to capital to make payments on all of the amounts noted above. The company had previously accrued interest for a portion of the exposure pertaining to the IRS proposed adjustments and as a result of the settlement with the IRS, Sysco recorded an income tax benefit of approximately $29.0 million in the first quarter of fiscal 2010.

     Sysco's deferred taxes were impacted by the timing of these installment payments. Sysco reclassified amounts due within one year from deferred taxes to accrued income taxes at the beginning of each of fiscal 2011 and 2010. Additionally, beginning in fiscal 2009, the company is not deferring taxes for federal purposes according to its agreement with the IRS.

Deferred Tax Assets and Liabilities

     Significant components of Sysco's deferred tax assets and liabilities are as follows:

	July 2, 2011		July 3, 2010
	(In thousands)
Deferred tax liabilities:
Deferred supply chain distributions	$	276,001	$	542,424
Excess tax depreciation and basis differences of assets		384,702		288,122
Goodwill and intangible assets		175,747		157,943
Other		35,497		26,032
Total deferred tax liabilities		871,947		1,014,521
Deferred tax assets:
Net operating tax loss carryforwards		35,989		70,439
Benefit on unrecognized tax benefits		23,463		32,790
Pension		162,212		213,398
Share-based compensation		61,978		54,426
Deferred compensation		37,659		39,823
Self-insured liabilities		40,454		40,623
Receivables		52,614		54,511
Inventory		54,853		47,256
Other		56,465		34,836
Total deferred tax assets		525,687		588,102
Valuation allowances		4,046		23,115
Total net deferred tax liabilities	$	350,306	$	449,534

     The company had state net operating tax loss carryforwards as of July 2, 2011 and state and Canadian net operating tax loss carryforwards as of July 3, 2010. The net operating tax loss carryforwards outstanding as of July 2, 2011 expire in fiscal years 2012 through 2031. There were no valuation allowances recorded for the state tax loss carryforwards as of July 2, 2011 because management believes it is more likely than not that these benefits will be realized based on utilization forecasts. Valuation allowances of $19.8 million were recorded for the state tax loss carryforwards as of July 3, 2010, as management believed that it was more likely than not that a portion of the benefits of these state tax loss carryforwards would not be realized.

Effective Tax Rates

     Reconciliations of the statutory federal income tax rate to the effective income tax rates for each fiscal year are as follows:

	2011			2010			2009
United States statutory federal income tax rate		35.00	%		35.00	%		35.00	%
State and local income taxes, net of any applicable federal income tax benefit		1.96			2.89			2.59
Foreign income taxes		(0.50	)		(0.31	)		(0.96	)
Impact of uncertain tax benefits		0.51			(1.46	)		1.75
Impact of adjusting carrying value of corporate-owned life insurance policies to their cash surrender values		(0.61	)		(0.45	)		0.95
Other		0.60			0.53			1.04
		36.96	%		36.20	%		40.37	%

     The effective tax rate of 36.96% for fiscal 2011 was favorably impacted primarily by two items. First, the company recorded a tax benefit of approximately $17.0 million for the reversal of valuation allowances previously recorded on state net operating loss carryforwards. Second, the company adjusted the carrying values of the company's COLI policies to their cash surrender values. The gain of $28.2 million recorded in fiscal 2011 was primarily non-taxable for income tax purposes, and had the impact of decreasing income tax expense for the period by $11.1 million. Partially offsetting these favorable impacts was the recording of $9.3 million in tax and interest related to various federal, foreign and state uncertain tax positions.

     The effective tax rate of 36.20% for fiscal 2010 was favorably impacted primarily by two items. First, as discussed above, the company recorded an income tax benefit of approximately $29.0 million resulting from the one-time reversal of previously accrued interest related to the settlement with the IRS. Second, the gain of $21.6 million recorded to adjust the carrying value of COLI policies to their cash surrender values in fiscal 2010 was non-taxable for income tax purposes, and had the impact of decreasing income tax expense for the period by $8.3 million.

     The effective tax rate of 40.37% for fiscal 2009 was unfavorably impacted primarily by two factors. First, the company recorded tax adjustments related to federal and state uncertain tax positions of $31.0 million. Second, the loss of $43.8 million recorded to adjust the carrying value of COLI policies to their cash surrender values in fiscal 2009 was non-deductible for income tax purposes, and had the impact of increasing income tax expense for the period by $16.8 million. The effective tax rate for fiscal 2009 was favorably impacted by the reversal of valuation allowances of $7.8 million previously recorded on Canadian net operating loss deferred tax assets.

Uncertain Tax Positions

     A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding interest and penalties, is as follows:

	2011			2010
	(In thousands)
Unrecognized tax benefits at beginning of year	$	89,851		$	92,145
Additions for tax positions related to prior years		21,099			2,796
Reductions for tax positions related to prior years		(11,955	)		(8,645	)
Additions for tax positions related to the current year		—			19,595
Reductions for tax positions related to the current year		—			—
Reductions due to settlements with taxing authorities		(25,294	)		(15,608	)
Reductions due to lapse of applicable statute of limitations		(1,610	)		(432	)
Unrecognized tax benefits at end of year	$	72,091		$	89,851

     As of July 2, 2011, $15.9 million of the gross liability for unrecognized tax benefits was netted within prepaid income taxes relating to a payment that occurred during fiscal 2011; however, the liability is considered outstanding until the matters have been settled with the respective jurisdiction. As of July 2, 2011, the gross amount of liability for accrued interest and penalties related to unrecognized tax benefits was $33.2 million, of which $8.7 million was netted within prepaid income taxes relating to a payment that occurred during fiscal 2011; however, the liability is considered outstanding until the matters have been settled with the respective jurisdiction. The expense recorded for interest and penalties related to unrecognized tax benefits in fiscal 2011 was $7.2 million.

     As of July 3, 2010, $15.9 million of the gross liability for unrecognized tax benefits was netted within prepaid income taxes as payment was expected to occur during fiscal 2011. As of July 3, 2010, the gross amount of liability for accrued interest and penalties related to unrecognized tax benefits was $40.6 million, of which $8.7 million was netted within prepaid income taxes as payment was expected to occur during fiscal 2011. The expense recorded for interest and penalties related to unrecognized tax benefits in fiscal 2010 was $12.0 million.

     If Sysco were to recognize all unrecognized tax benefits recorded as of July 2, 2011, approximately $40.1 million of the $72.1 million reserve would reduce the effective tax rate. It is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the company's unrecognized tax positions will increase or decrease in the next twelve months either because Sysco's positions are sustained on audit or because the company agrees to their disallowance. Items that may cause changes to unrecognized tax benefits primarily include the consideration of various filing requirements in various states and the allocation of income and expense between tax jurisdictions. In addition, the amount of unrecognized tax benefits recognized within the next twelve months may decrease due to the expiration of the statute of limitations for certain years in various jurisdictions; however, it is possible that a jurisdiction may open an audit on one of these years prior to the statute of limitations expiring. At this time, an estimate of the range of the reasonably possible change cannot be made.

     The IRS is auditing Sysco's 2009 and 2010 federal income tax returns. As of July 2, 2011, Sysco's tax returns in the majority of the state and local jurisdictions and Canada are no longer subject to audit for the years before 2006. However, some jurisdictions have audits open prior to 2006, with the earliest dating back to 2002. Certain tax jurisdictions require partial to full payment on audit assessments in order to proceed to the appeals process. Although the outcome of tax audits is generally uncertain, the company believes that adequate amounts of tax, including interest and penalties, have been accrued for any adjustments that may result from those open years.

Other

     Undistributed income of certain consolidated foreign subsidiaries at July 2, 2011 amounted to $544.0 million for which no deferred U.S. income tax provision has been recorded because Sysco intends to permanently reinvest such income in those foreign operations. An estimate of any U.S. taxes or foreign withholding taxes that may be applicable upon actual or deemed repatriation is not practical.

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Supplemental Guarantor Information - Parent Guarantee (Tables) (Parent Guarantee [Member])

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Jun. 27, 2009

Parent Guarantee [Member]

Condensed consolidating balance sheet table

	Condensed Consolidating Balance Sheet
	July 2, 2011
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
					(In thousands)
Current assets	$	354,450	$	34	$	5,378,398		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		371,866		128,461			(14,514,896	)		—
Plant and equipment, net		569,567		—		2,942,822			—			3,512,389
Other assets		378,317		329		1,761,638			—			2,140,284
Total assets	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555
Current liabilities	$	430,300	$	201,016	$	2,943,759		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		9,301		(7,809,555	)		—			—
Long-term debt		2,227,483		—		52,034			—			2,279,517
Other liabilities		405,376		—		420,345			—			825,721
Shareholders' equity		4,453,490		161,912		14,604,736			(14,514,896	)		4,705,242
Total liabilities and shareholders' equity	$	15,316,903	$	372,229	$	10,211,319		$	(14,514,896	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	July 3, 2010
					Other
			Sysco		Non-Guarantor						Consolidated
	Sysco		International		Subsidiaries			Eliminations			Totals
					(In thousands)
Current assets	$	417,336	$	33	$	4,658,889		$	—		$	5,076,258
Investment in subsidiaries		15,265,792		465,641		142,925			(15,874,358	)		—
Plant and equipment, net		425,279		—		2,778,544			—			3,203,823
Other assets		362,658		597		1,670,365			—			2,033,620
Total assets	$	16,471,065	$	466,271	$	9,250,723		$	(15,874,358	)	$	10,313,701
Current liabilities	$	444,274	$	1,114	$	2,563,810		$	—		$	3,009,198
Intercompany payables (receivables)		9,691,238		73,124		(9,764,362	)		—			—
Long-term debt		2,225,781		199,881		47,000			—			2,472,662
Other liabilities		411,781		—		592,534			—			1,004,315
Shareholders' equity		3,697,991		192,152		15,811,741			(15,874,358	)		3,827,526
Total liabilities and shareholders' equity	$	16,471,065	$	466,271	$	9,250,723		$	(15,874,358	)	$	10,313,701

Condensed consolidating results of operations table

	Condensed Consolidating Results of Operations
	Year Ended July 2, 2011
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	39,323,489		$	—		$	39,323,489
Cost of sales		—			—			31,928,777			—			31,928,777
Gross profit		—			—			7,394,712			—			7,394,712
Operating expenses		535,224			127			4,927,859			—			5,463,210
Operating income (loss)		(535,224	)		(127	)		2,466,853			—			1,931,502
Interest expense (income)		453,593			10,973			(346,299	)		—			118,267
Other expense (income), net		(5,581	)		—			(8,638	)		—			(14,219	)
Earnings (losses) before income taxes		(983,236	)		(11,100	)		2,821,790			—			1,827,454
Income tax (benefit) provision		(363,403	)		(4,103	)		1,042,930			—			675,424
Equity in earnings of subsidiaries		1,771,863			60,758			—			(1,832,621	)		—
Net earnings	$	1,152,030		$	53,761		$	1,778,860		$	(1,832,621	)	$	1,152,030

	Condensed Consolidating Results of Operations
	Year Ended July 3, 2010
	(53 Weeks)
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	37,243,495		$	—		$	37,243,495
Cost of sales		—			—			30,055,188			—			30,055,188
Gross profit		—			—			7,188,307			—			7,188,307
Operating expenses		500,823			112			4,711,504			—			5,212,439
Operating income (loss)		(500,823	)		(112	)		2,746,803			—			1,975,868
Interest expense (income)		496,410			10,961	)		(381,894	)		—			125,477
Other expense (income), net		5,546			—			(4,744	)		—			802
Earnings (losses) before income taxes		(1,002,779	)		(11,073	)		2,863,441			—			1,849,589
Income tax (benefit) provision		(363,029	)		(4,009	)		1,036,644			—			669,606
Equity in earnings of subsidiaries		1,819,733			38,342			—			(1,858,075	)		—
Net earnings	$	1,179,983		$	31,278		$	1,826,797		$	(1,858,075	)	$	1,179,983

	Condensed Consolidating Results of Operations
	Year Ended June 27, 2009
							Other
				Sysco			Non-Guarantor						Consolidated
	Sysco			International			Subsidiaries			Eliminations			Totals
							(In thousands)
Sales	$	—		$	—		$	36,853,330		$	—		$	36,853,330
Cost of sales		—			—			29,743,076			—			29,743,076
Gross profit		—			—			7,110,254			—			7,110,254
Operating expenses		452,959			117			4,784,967			—			5,238,043
Operating income (loss)		(452,959	)		(117	)		2,325,287			—			1,872,211
Interest expense (income)		476,238			11,142			(371,058	)		—			116,322
Other (income), net		(3,273	)		—			(11,672	)		—			(14,945	)
Earnings (losses) before income taxes		(925,924	)		(11,259	)		2,708,017			—			1,770,834
Income tax (benefit) provision		(373,797	)		(4,545	)		1,093,228			—			714,886
Equity in earnings of subsidiaries		1,608,075			44,626			—			(1,652,701	)		—
Net earnings	$	1,055,948		$	37,912		$	1,614,789		$	(1,652,701	)	$	1,055,948

Condensed consolidating cash flows table

	Condensed Consolidating Cash Flows
	Year Ended July 2, 2011
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(491,211	)	$	54,049		$	1,528,680		$	1,091,518
Investing activities		(203,090	)		—			(476,466	)		(679,556	)
Financing activities		(555,282	)		—			177,375			(377,907	)
Effect of exchange rate on cash		—			—			20,267			20,267
Intercompany activity		1,181,573			(54,049	)		(1,127,524	)		—
Net (decrease) increase in cash		(68,010	)		—			122,332			54,322
Cash at the beginning of the period		373,523			—			211,920			585,443
Cash at the end of the period	$	305,513		$	—		$	334,252		$	639,765

	Condensed Consolidating Cash Flows
	Year Ended July 3, 2010
	(53 Weeks)
							Other
				Sysco			Non-Guarantor			Consolidated
	Sysco			International			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(649,277	)	$	31,739		$	1,502,966		$	885,428
Investing activities		(225,565	)		—			(430,755	)		(656,320	)
Financing activities		(664,236	)		—			(2,794	)		(667,030	)
Effect of exchange rate on cash		—			—			4,714			4,714
Intercompany activity		1,013,405			(31,739	)		(981,666	)		—
Net (decrease) increase in cash		(525,673	)		—			92,465			(433,208	)
Cash at the beginning of the period		899,196			—			119,455			1,018,651
Cash at the end of the period	$	373,523		$	—		$	211,920		$	585,443

	Condensed Consolidating Cash Flows
	Year Ended June 27, 2009
							Other
				Sysco			Non-Guarantor
	Sysco			International			Subsidiaries			Consolidated Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(493,984	)	$	38,340		$	2,032,393		$	1,576,749
Investing activities		(82,684	)		—			(575,979	)		(658,663	)
Financing activities		(380,564	)		—			921			(379,643	)
Effect of exchange rate on cash		—			—			334			334
Intercompany activity		1,369,782			(38,340	)		(1,331,442	)		—
Net increase in cash		412,550			—			126,227			538,777
Cash at the beginning of the period		486,646			—			(6,772	)		479,874
Cash at the end of the period	$	899,196		$	—		$	119,455		$	1,018,651

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Business Segment Information (Details) (USD $) In Thousands	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Total sales	$ 10,425,703	$ 9,761,660	$ 9,384,852	$ 9,751,274	$ 10,348,477	$ 8,945,093	$ 8,868,499	$ 9,081,426	$ 39,323,489	$ 37,243,495	$ 36,853,330
Total operating income	560,750	427,487	437,025	506,240	584,086	432,103	462,351	497,328	1,931,502	1,975,868	1,872,211
Interest expense	30,134	28,972	28,060	31,101	32,501	27,654	31,522	33,800	118,267	125,477	116,322
Other expense (income), net	(4,278)	(6,957)	(1,300)	(1,684)	2,924	1,028	(1,138)	(2,012)	(14,219)	802	(14,945)
Consolidated earnings before income taxes	534,894	405,472	410,265	476,823	548,661	403,421	431,967	465,540	1,827,454	1,849,589	1,770,834
Total depreciation and amortization									402,588	389,976	382,339
Total capital expenditures									636,442	594,604	464,561
Total assets	11,385,555				10,313,701				11,385,555	10,313,701	10,148,186
Broadline [Member]
Total sales									31,924,473	30,381,283	29,972,991
Total operating income									2,327,847	2,352,493	2,225,065
Total depreciation and amortization									291,756	283,167	273,844
Total capital expenditures									353,296	407,340	346,520
Total assets	7,220,046				6,402,181				7,220,046	6,402,181	5,814,432
Sygma Segment [Member]
Total sales									5,341,094	4,891,279	4,839,036
Total operating income									62,190	49,057	32,435
Total depreciation and amortization									24,975	23,822	26,753
Total capital expenditures									38,612	25,436	5,053
Total assets	456,204				392,883				456,204	392,883	366,539
Other [Member]
Total sales									2,238,796	2,129,862	2,160,043
Total operating income									100,222	87,667	68,729
Total depreciation and amortization									25,131	26,861	29,311
Total capital expenditures									20,228	11,743	36,887
Total assets	814,174				754,409				814,174	754,409	738,330
Intersegment Eliminations [Member]
Total sales									(180,874)	(158,929)	(118,740)
Total Segments [Member]
Total operating income									2,490,259	2,489,217	2,326,229
Total depreciation and amortization									341,862	333,850	329,908
Total capital expenditures									412,136	444,519	388,460
Total assets	8,490,424				7,549,473				8,490,424	7,549,473	6,919,301
Corporate [Member]
Total operating income									(558,757)	(513,349)	(454,018)
Total depreciation and amortization									60,726	56,126	52,431
Total capital expenditures									224,306	150,085	76,101
Total assets	$ 2,895,131				$ 2,764,228				$ 2,895,131	$ 2,764,228	$ 3,228,885

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Commitments and Contingencies

12 Months Ended

Jul. 02, 2011

Commitments and Contingencies [Abstract]

Commitments and Contingencies

18. COMMITMENTS AND CONTINGENCIES

Legal Proceedings

     Sysco is engaged in various legal proceedings which have arisen but have not been fully adjudicated. Management does not believe that these proceedings will have a material adverse effect upon the consolidated financial position or results of operations of the company.   However, the final results of legal proceedings cannot be predicted with certainty and if the company failed to prevail in one or more of these legal matters, the company's consolidated financial position or results of operations could be materially adversely affected in future periods.

Multi-Employer Pension Plans

     Sysco contributes to several multi-employer defined benefit pension plans based on obligations arising under collective bargaining agreements covering union-represented employees. Approximately 10% of Sysco's current employees are participants in such multi-employer plans. In fiscal 2011, total contributions to these plans were approximately $32.8 million.

     Sysco does not directly manage these multi-employer plans, which are generally managed by boards of trustees, half of whom are appointed by the unions and the other half by other employers contributing to the plan. Based upon the information available from plan administrators, management believes that several of these multi-employer plans are underfunded. In addition, pension-related legislation, requires underfunded pension plans to improve their funding ratios within prescribed intervals based on the level of their underfunding. As a result, Sysco expects its contributions to these plans to increase in the future.

     Under current law regarding multi-employer defined benefit plans, a plan's termination, Sysco's voluntary withdrawal, or the mass withdrawal of all contributing employers from any underfunded multi-employer defined benefit plan would require Sysco to make payments to the plan for Sysco's proportionate share of the multi-employer plan's unfunded vested liabilities. Generally, Sysco does not have the greatest share of liability among the participants in any of the plans in which it participates. Based on the information available from plan administrators, which has valuation dates ranging from January 31, 2009 to December 31, 2009, Sysco estimates its share of withdrawal liability on most of the multi-employer plans in which it participates could have been as much as $200.0 million as of July 2, 2011, based on a voluntary withdrawal. This estimate excludes plans for which Sysco has recorded withdrawal liabilities. The majority of the plans Sysco participates in have a valuation date of calendar year-end. As such, the majority of the estimated withdrawal liability results from plans for which the valuation date was December 31, 2009; therefore, the company's estimated liability reflects the asset losses incurred by the financial markets as of that date. Due to the lack of current information, management believes Sysco's current share of the withdrawal liability could materially differ from this estimate. In addition, if a multi-employer defined benefit plan fails to satisfy certain minimum funding requirements, the IRS may impose a nondeductible excise tax of 5% on the amount of the accumulated funding deficiency for those employers contributing to the fund.

     In the third quarter of fiscal 2011, the union members of one of the company's subsidiaries voted to withdraw from the union's multi-employer pension plan and join Sysco's company-sponsored Retirement Plan. This action triggered a partial withdrawal from the multi-employer pension plan. As a result, during the third quarter of fiscal 2011, Sysco recorded a withdrawal liability provision of approximately $36.1 million related to this plan. Sysco has experienced other instances triggering voluntary withdrawal from multi-employer pension plans. Total withdrawal liability provisions recorded include $41.5 million in fiscal 2011, $2.9 million in fiscal 2010 and $9.6 million in fiscal 2009. As of July 2, 2011, Sysco had approximately $42.4 million in liabilities recorded related to certain multi-employer defined benefit plans for which Sysco's voluntary withdrawal had already occurred, which includes the liability recorded in the third quarter of fiscal 2011. Recorded withdrawal liabilities are estimated at the time of withdrawal based on the most recently available valuation and participant data for the respective plans; amounts are adjusted up to the period of payment to reflect any changes to these estimates. If any of these plans were to undergo a mass withdrawal, as defined by the Pension Benefit Guaranty Corporation, within a two year time frame from the point of our withdrawal, Sysco could have additional liability. The company does not currently believe any mass withdrawals are probable to occur in the applicable two year time frame relating to the plans from which Sysco has voluntarily withdrawn.

     During fiscal 2008, the company obtained information that a multi-employer pension plan it participated in failed to satisfy minimum funding requirements for certain periods and concluded that it was probable that additional funding would be required as well as the payment of excise tax. As a result, during fiscal 2008, Sysco recorded a liability of approximately $16.5 million related to its share of the minimum funding requirements and related excise tax for these periods. During the first quarter of fiscal 2009, Sysco effectively withdrew from this multi-employer pension plan in an effort to secure benefits for Sysco's employees that were participants in the plan and to manage the company's exposure to this under-funded plan. Sysco agreed to pay $15.0 million to the plan, which included the minimum funding requirements. In connection with this withdrawal agreement, Sysco merged participants from this plan into its company-sponsored Retirement Plan and assumed $26.7 million in liabilities. The payment to the plan was made in the second quarter of fiscal 2009.

Fuel Commitments

     Sysco routinely enters into forward purchase commitments for a portion of its projected diesel fuel requirements. As of July 2, 2011, we had forward diesel fuel commitments totaling approximately $85.6 million through June 2012.

Other Commitments

     Sysco has committed to product purchases for resale in order to leverage the company's purchasing power. A majority of these agreements expire within one year; however, certain agreements have terms through fiscal 2013. These agreements commit the company to a minimum volume at various pricing terms, including fixed pricing, variable pricing or a combination thereof. Minimum amounts committed to as of July 2, 2011 totaled approximately $949.3 million. Minimum amounts committed to by year are as follows: $858.0 million in fiscal 2012 and $91.3 million in fiscal 2013.

     Sysco has committed with a third party service provider to provide hardware and hardware hosting services. The services are to be provided over a ten year period beginning in fiscal 2005 and ending in fiscal 2015. The total cost of the services over that period is expected to be approximately $553.4 million. This amount may be reduced by Sysco utilizing less than estimated resources and can be increased by Sysco utilizing more than estimated resources and the adjustments for inflation provided for in the agreements. Sysco may also cancel a portion or all of the services provided subject to termination fees which decrease over time. If Sysco were to terminate all of the services in fiscal 2012, the estimated termination fee incurred in fiscal 2012 would be approximately $13.6 million.

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Comprehensive Income (Summary of Changes in Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Beginning balance, shareholders' equity	$ 3,827,526	$ 3,449,702	$ 3,408,986
Foreign currency translation adjustment, before tax	122,217	49,973	(84,452)
Amortization of cash flow hedge, net of tax	428	428	428
Amortization of prior service cost, net of tax	2,553	2,707	2,418
Amortization of net actuarial loss (gain), net, net of tax	49,013	24,664	10,824
Amortization of transition obligation, net of tax	93	93	93
Pension liability assumption, net of tax			(16,450)
Prior service (cost) credit arising in current year, net of tax	5,692		354
Net actuarial (loss) gain, net, arising in current year, net of tax	51,681	(280,130)	(121,725)
Ending balance, shareholders' equity	4,705,242	3,827,526	3,449,702
Pension and Other Postretirement Benefit Plans, Net of Tax [Member]
Beginning balance, shareholders' equity	(598,773)	(346,107)	(220,913)
Foreign currency translation adjustment, before tax	0	0	0
Amortization of cash flow hedge, net of tax	0	0	0
Amortization of prior service cost, net of tax	2,553	2,707	2,418
Amortization of net actuarial loss (gain), net, net of tax	49,013	24,664	10,824
Amortization of transition obligation, net of tax	93	93	93
Pension liability assumption, net of tax			(16,450)
Prior service (cost) credit arising in current year, net of tax	(5,692)		(354)
Net actuarial (loss) gain, net, arising in current year, net of tax	51,681	(280,130)	(121,725)
Ending balance, shareholders' equity	(501,125)	(598,773)	(346,107)
Foreign Currency Translation [Member]
Beginning balance, shareholders' equity	129,535	79,562	164,014
Foreign currency translation adjustment, before tax	122,217	49,973	(84,452)
Amortization of cash flow hedge, net of tax	0	0	0
Amortization of prior service cost, net of tax	0	0	0
Amortization of net actuarial loss (gain), net, net of tax	0	0	0
Amortization of transition obligation, net of tax	0	0	0
Pension liability assumption, net of tax			0
Prior service (cost) credit arising in current year, net of tax	0		0
Net actuarial (loss) gain, net, arising in current year, net of tax	0	0	0
Ending balance, shareholders' equity	251,752	129,535	79,562
Interest Rate Swap, Net of Tax [Member]
Beginning balance, shareholders' equity	(11,013)	(11,441)	(11,869)
Foreign currency translation adjustment, before tax	0	0	0
Amortization of cash flow hedge, net of tax	428	428	428
Amortization of prior service cost, net of tax	0	0	0
Amortization of net actuarial loss (gain), net, net of tax	0	0	0
Amortization of transition obligation, net of tax	0	0	0
Pension liability assumption, net of tax			0
Prior service (cost) credit arising in current year, net of tax	0		0
Net actuarial (loss) gain, net, arising in current year, net of tax	0	0	0
Ending balance, shareholders' equity	(10,585)	(11,013)	(11,441)
Accumulated Other Comprehensive Loss [Member]
Beginning balance, shareholders' equity	(480,251)	(277,986)	(68,768)
Foreign currency translation adjustment, before tax	122,217	49,973	(84,452)
Amortization of cash flow hedge, net of tax	428	428	428
Amortization of prior service cost, net of tax	2,553	2,707	2,418
Amortization of net actuarial loss (gain), net, net of tax	49,013	24,664	10,824
Amortization of transition obligation, net of tax	93	93	93
Pension liability assumption, net of tax			(16,450)
Prior service (cost) credit arising in current year, net of tax	(5,692)		(354)
Net actuarial (loss) gain, net, arising in current year, net of tax	51,681	(280,130)	(121,725)
Ending balance, shareholders' equity	$ (259,958)	$ (480,251)	$ (277,986)

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Employee Benefit Plans (Fair Value Measurements) (Details) (Qualified pension plan [Member], USD $)	Jul. 02, 2011		Jul. 03, 2010		Jun. 27, 2009
Fair value of plan assets at end of year	$ 2,106,313,000		$ 1,666,972,000
Reconciling item pension assets [Member]
Fair value of plan assets at end of year	(39,894,000)	[1]	(11,339,000)	[1]
Cash and cash equivalents [Member]
Fair value of plan assets at end of year	112,217,000	[2]	71,327,000	[2]
Cash and cash equivalents [Member] | Level 1 [Member]
Fair value of plan assets at end of year	0	[2]	0	[2]
Cash and cash equivalents [Member] | Level 2 [Member]
Fair value of plan assets at end of year	112,217,000	[2]	71,327,000	[2]
Cash and cash equivalents [Member] | Level 3 [Member]
Fair value of plan assets at end of year	0	[2]	0	[2]
Core Fixed Income [Member]
Fair value of derivative assets	8,600,000
Fair value of derivative liabilities	9,000,000
Core Fixed Income [Member] | Level 1 [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	0
Core Fixed Income [Member] | Level 1 [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	0	[2]
Core Fixed Income [Member] | Level 1 [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	0
Core Fixed Income [Member] | Level 1 [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	0	[3]
Core Fixed Income [Member] | Level 1 [Member] | Other debt [Member]
Fair value of plan assets at end of year	0	[2]
Core Fixed Income [Member] | Level 1 [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	(34,000)	[4]
Core Fixed Income [Member] | Level 2 [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	62,691,000
Core Fixed Income [Member] | Level 2 [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	79,974,000	[2]
Core Fixed Income [Member] | Level 2 [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	8,704,000
Core Fixed Income [Member] | Level 2 [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	129,941,000	[3]
Core Fixed Income [Member] | Level 2 [Member] | Other debt [Member]
Fair value of plan assets at end of year	17,905,000	[2]
Core Fixed Income [Member] | Level 2 [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	(340,000)	[4]
Core Fixed Income [Member] | Level 3 [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	0
Core Fixed Income [Member] | Level 3 [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	0	[2]
Core Fixed Income [Member] | Level 3 [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	0
Core Fixed Income [Member] | Level 3 [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	0	[3]
Core Fixed Income [Member] | Level 3 [Member] | Other debt [Member]
Fair value of plan assets at end of year	0	[2]
Core Fixed Income [Member] | Level 3 [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	0	[4]
Core Fixed Income [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	62,691,000
Core Fixed Income [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	79,974,000	[2]
Core Fixed Income [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	8,704,000
Core Fixed Income [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	129,941,000	[3]
Core Fixed Income [Member] | Other debt [Member]
Fair value of plan assets at end of year	17,905,000	[2]
Core Fixed Income [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	(374,000)	[4]
Long duration fixed income [Member]
Fair value of derivative assets	1,100,000		13,500,000
Fair value of derivative liabilities	300,000		11,900,000
Long duration fixed income [Member] | Level 1 [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	0		0
Long duration fixed income [Member] | Level 1 [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	0		0	[2]
Long duration fixed income [Member] | Level 1 [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	0		0
Long duration fixed income [Member] | Level 1 [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	0		0	[3]
Long duration fixed income [Member] | Level 1 [Member] | Other debt [Member]
Fair value of plan assets at end of year	0	[2]	0	[2]
Long duration fixed income [Member] | Level 1 [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	280,000	[5]	600,000	[6]
Long duration fixed income [Member] | Level 2 [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	79,970,000		178,097,000
Long duration fixed income [Member] | Level 2 [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	139,916,000		225,412,000	[2]
Long duration fixed income [Member] | Level 2 [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	1,870,000		12,108,000
Long duration fixed income [Member] | Level 2 [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	11,810,000		124,312,000	[3]
Long duration fixed income [Member] | Level 2 [Member] | Other debt [Member]
Fair value of plan assets at end of year	39,997,000	[2]	48,452,000	[2]
Long duration fixed income [Member] | Level 2 [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	512,000	[5]	991,000	[6]
Long duration fixed income [Member] | Level 3 [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	0		0
Long duration fixed income [Member] | Level 3 [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	0		0	[2]
Long duration fixed income [Member] | Level 3 [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	0		0
Long duration fixed income [Member] | Level 3 [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	0		0	[3]
Long duration fixed income [Member] | Level 3 [Member] | Other debt [Member]
Fair value of plan assets at end of year	0	[2]	0	[2]
Long duration fixed income [Member] | Level 3 [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	0	[5]	0	[6]
Long duration fixed income [Member] | U.S. government and agency securities [Member]
Fair value of plan assets at end of year	79,970,000		178,097,000
Long duration fixed income [Member] | Corporate bonds [Member]
Fair value of plan assets at end of year	139,916,000		225,412,000	[2]
Long duration fixed income [Member] | Asset-backed securities [Member]
Fair value of plan assets at end of year	1,870,000		12,108,000
Long duration fixed income [Member] | Mortgage-backed securities, net [Member]
Fair value of plan assets at end of year	11,810,000		124,312,000	[3]
Long duration fixed income [Member] | Other debt [Member]
Fair value of plan assets at end of year	39,997,000	[2]	48,452,000	[2]
Long duration fixed income [Member] | Derivatives, net [Member]
Fair value of plan assets at end of year	792,000	[5]	1,591,000	[6]
Level 1 [Member] | International equity [Member]
Fair value of plan assets at end of year	117,655,000	[7]	0	[7]
Level 1 [Member] | High yield fixed income [Member]
Fair value of plan assets at end of year	0	[7]	0	[7]
Level 1 [Member] | U.S. large cap equity [Member]
Fair value of plan assets at end of year	139,048,000	[2]	259,621,000	[2]
Level 1 [Member] | U.S. small to mid cap equity [Member]
Fair value of plan assets at end of year	166,890,000		172,930,000
Level 1 [Member] | Real estate [Member]
Fair value of plan assets at end of year	0	[7]	0	[7]
Level 1 [Member] | Total invested plan assets [Member]
Fair value of plan assets at end of year	423,839,000		433,151,000
Level 1 [Member] | Private Equity [Member]
Fair value of plan assets at end of year	0	[7]
Level 2 [Member] | International equity [Member]
Fair value of plan assets at end of year	455,811,000	[7]	285,184,000	[7]
Level 2 [Member] | High yield fixed income [Member]
Fair value of plan assets at end of year	191,583,000	[7]	120,984,000	[7]
Level 2 [Member] | U.S. large cap equity [Member]
Fair value of plan assets at end of year	357,712,000	[2]	161,228,000	[2]
Level 2 [Member] | U.S. small to mid cap equity [Member]
Fair value of plan assets at end of year	0		0
Level 2 [Member] | Real estate [Member]
Fair value of plan assets at end of year	0	[7]	0	[7]
Level 2 [Member] | Total invested plan assets [Member]
Fair value of plan assets at end of year	1,690,273,000		1,228,095,000
Level 2 [Member] | Private Equity [Member]
Fair value of plan assets at end of year	0	[7]
Level 3 [Member]
Fair value of plan assets at end of year	32,095,000		17,065,000		14,839,000
Level 3 [Member] | International equity [Member]
Fair value of plan assets at end of year	0	[7]	0	[7]
Level 3 [Member] | High yield fixed income [Member]
Fair value of plan assets at end of year	0	[7]	0	[7]
Level 3 [Member] | U.S. large cap equity [Member]
Fair value of plan assets at end of year	0	[2]	0	[2]
Level 3 [Member] | U.S. small to mid cap equity [Member]
Fair value of plan assets at end of year	0		0
Level 3 [Member] | Real estate [Member]
Fair value of plan assets at end of year	30,615,000	[7]	17,065,000	[7]	14,839,000
Level 3 [Member] | Total invested plan assets [Member]
Fair value of plan assets at end of year	32,095,000		17,065,000
Level 3 [Member] | Private Equity [Member]
Fair value of plan assets at end of year	1,480,000	[7]	0		0
International equity [Member]
Fair value of plan assets at end of year	573,466,000	[7]	285,184,000	[7]
High yield fixed income [Member]
Fair value of plan assets at end of year	191,583,000	[7]	120,984,000	[7]
U.S. large cap equity [Member]
Fair value of plan assets at end of year	496,760,000	[2]	420,849,000	[2]
U.S. small to mid cap equity [Member]
Fair value of plan assets at end of year	166,890,000		172,930,000
Real estate [Member]
Fair value of plan assets at end of year	30,615,000	[7]	17,065,000	[7]
Total invested plan assets [Member]
Fair value of plan assets at end of year	2,146,207,000		1,678,311,000
Private Equity [Member]
Fair value of plan assets at end of year	$ 1,480,000	[7]

[1] Include primarily plan receivables and payables, net.

[2] Include direct investments and investment funds.

[3] Include direct investments, investment funds and forward settling sales.

[4] Include credit default swaps, interest rate swaps, and futures. The fair value of asset positions totaled $8.6 million; the fair value of liability positions totaled $9.0 million.

[5] Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $1.1 million; the fair value of liability positions totaled $0.3 million.

[6] Include credit default swaps, interest rate swaps, foreign currency contracts, futures and options. The fair value of asset positions totaled $13.5 million; the fair value of liability positions totaled $11.9 million.

[7] Include investments in investment funds only.

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Summary of Accounting Policies

12 Months Ended

Jul. 02, 2011

Summary of Accounting Policies [Abstract]

Summary of Accounting Policies

1. SUMMARY OF ACCOUNTING POLICIES

Business and Consolidation

Sysco Corporation, acting through its subsidiaries and divisions, (Sysco or the company), is engaged in the marketing and distribution of a wide range of food and related products primarily to the foodservice or food-away-from-home industry. These services are performed for approximately 400,000 customers from 177 distribution facilities located throughout the United States, Canada and Ireland.

     Sysco's fiscal year ends on the Saturday nearest to June 30^th. This resulted in a 52-week year ending July 2, 2011, a 53-week year ending July 3, 2010 for fiscal 2010 and a 52-week year ending June 27, 2009 for 2009.

     The accompanying financial statements include the accounts of Sysco and its consolidated subsidiaries. All significant intercompany transactions and account balances have been eliminated.

     The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates that affect the reported amounts of assets, liabilities, sales and expenses. Actual results could differ from the estimates used.

     Sysco's management has changed the way it evaluates the performance of its operating segment results. Beginning with the first quarter of fiscal 2012, each segment's operating income no longer includes certain centrally incurred costs for corporate overhead and shared services. Previously, these centrally incurred costs were charged to the segments based upon the relative level of service used by each operating segment. Management now evaluates the performance of each of its operating segments based on its respective operating income results, which excludes the allocation of certain centrally incurred costs. This results in higher operating income at an operating segment level and higher corporate expenses.

     Also in the first quarter of fiscal 2012, Sysco changed the consolidated results of operations for the classification of certain centrally incurred purchasing costs to be recognized within operating expenses. Prior to fiscal 2012, these costs were netted against cost of sales and reflected as a reduction to gross profit.

     As a result of these changes, Note 1, Note 19, Note 20 and Note 21 have been revised to show the new basis of operating segment results. The consolidated results of operations and Note 22 have been reclassified to demonstrate the changed classification of centrally incurred purchasing costs.

Cash and Cash Equivalents

     For cash flow purposes, cash includes cash equivalents such as time deposits, certificates of deposit, short-term investments and all highly liquid instruments with original maturities of three months or less, which are recorded at fair value.

Accounts Receivable

     Accounts receivable consist primarily of trade receivables from customers and receivables from suppliers for marketing or incentive programs. Sysco determines the past due status of trade receivables based on contractual terms with each customer. Sysco evaluates the collectability of accounts receivable and determines the appropriate reserve for doubtful accounts based on a combination of factors. The company utilizes specific criteria to determine uncollectible receivables to be written off including whether a customer has filed for or been placed in bankruptcy, has had accounts referred to outside parties for collection or has had accounts past due over specified periods. Allowances are recorded for all other receivables based on an analysis of historical trends of write-offs and recoveries. In addition, in circumstances where the company is aware of a specific customer's inability to meet its financial obligation to Sysco, a specific allowance for doubtful accounts is recorded to reduce the receivable to the net amount reasonably expected to be collected.

Inventories

     Inventories consisting primarily of finished goods include food and related products and lodging products held for resale and are valued at the lower of cost (first-in, first-out method) or market. Elements of costs include the purchase price of the product and freight charges to deliver the product to the company's warehouses and are net of certain cash or non-cash consideration received from vendors (see "Vendor Consideration").

Plant and Equipment

     Capital additions, improvements and major replacements are classified as plant and equipment and are carried at cost. Depreciation is recorded using the straight-line method, which reduces the book value of each asset in equal amounts over its estimated useful life, and is included within operating expenses in the consolidated results of operations. Maintenance, repairs and minor replacements are charged to earnings when they are incurred. Upon the disposition of an asset, its accumulated depreciation is deducted from the original cost, and any gain or loss is reflected in current earnings.

     Certain internal and external costs related to the acquisition and development of internal use software being built within our Business Transformation Project are capitalized within plant and equipment during the application development stages of the project. This project is primarily in the development stage as of July 2, 2011 and no material depreciation has occurred.

     Applicable interest charges incurred during the construction of new facilities and development of software for internal use are capitalized as one of the elements of cost and are amortized over the assets' estimated useful lives. Interest capitalized for the past three fiscal years was $13.9 million in fiscal 2011, $10.0 million in fiscal 2010 and $3.5 million in fiscal 2009.

Long-Lived Assets

     Management reviews long-lived assets for indicators of impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Cash flows expected to be generated by the related assets are estimated over the asset's useful life based on updated projections on an undiscounted basis. If the evaluation indicates that the carrying value of the asset may not be recoverable, the potential impairment is measured at fair value.

Goodwill and Intangibles

     Goodwill and intangibles represent the excess of cost over the fair value of tangible net assets acquired. Goodwill and intangibles with indefinite lives are not amortized. Goodwill is assigned to the reporting units that are expected to benefit from the synergies of a business combination. The recoverability of goodwill and indefinite-lived intangibles is assessed annually, or more frequently as needed when events or changes have occurred that would suggest an impairment of carrying value, by determining whether the fair values of the applicable reporting units exceed their carrying values. The reporting units used to assess goodwill impairment are the company's eight operating segments as described in Note 19, "Business Segment Information." The components within each of the eight operating segments have similar economic characteristics and therefore are aggregated into eight reporting units. The evaluation of fair value requires the use of projections, estimates and assumptions as to the future performance of the operations in performing a discounted cash flow analysis, as well as assumptions regarding sales and earnings multiples that would be applied in comparable acquisitions.

     Intangibles with definite lives are amortized on a straight-line basis over their useful lives, which generally range from three to ten years. Management reviews finite-lived intangibles for indicators of impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Cash flows expected to be generated by the finite-lived intangibles are estimated over the intangible asset's useful life based on updated projections on an undiscounted basis. If the evaluation indicates that the carrying value of the finite-lived intangible asset may not be recoverable, the potential impairment is measured at fair value.

Restricted Cash

     Sysco is required by its insurers to collateralize a part of the self-insured portion of its workers' compensation and liability claims. Sysco has chosen to satisfy these collateral requirements by depositing funds in insurance trusts or by issuing letters of credit. All amounts in restricted cash at July 2, 2011 and July 3, 2010 represented funds deposited in insurance trusts.

Derivative Financial Instruments

     All derivatives are recognized as assets or liabilities within the consolidated balance sheets at fair value. Gains or losses on derivative financial instruments designated as fair value hedges are recognized immediately in the consolidated results of operations, along with the offsetting gain or loss related to the underlying hedged item.

     Gains or losses on derivative financial instruments designated as cash flow hedges are recorded as a separate component of shareholders' equity at their settlement, whereby gains or losses are reclassified to the Consolidated Results of Operations in conjunction with the recognition of the underlying hedged item.

     In the normal course of business, Sysco enters into forward purchase agreements for the procurement of fuel and electricity. Certain of these agreements meet the definition of a derivative. However, the company elected to use the normal purchase and sale exemption available under derivatives accounting literature; therefore, these agreements are not recorded at fair value.

Investments in Corporate-Owned Life Insurance

     Investments in corporate-owned life insurance (COLI) policies are recorded at their cash surrender values as of each balance sheet date. Changes in the cash surrender value during the period are recorded as a gain or loss within operating expenses. The company does not record deferred tax balances related to cash surrender value gains or losses for the policies that Sysco has the intent to hold these policies to maturity. Deferred tax balances are recorded for those policies that Sysco intends to redeem prior to maturity. The total amounts related to the company's investments in COLI policies included in other assets in the consolidated balance sheets were $231.3 million and $203.2 million at July 2, 2011 and July 3, 2010, respectively.

Treasury Stock

     The company records treasury stock purchases at cost. Shares removed from treasury are valued at cost using the average cost method.

Foreign Currency Translation

     The assets and liabilities of all foreign subsidiaries are translated at current exchange rates. Related translation adjustments are recorded as a component of accumulated other comprehensive income (loss).

Revenue Recognition

     The company recognizes revenue from the sale of a product when it is considered to be realized or realizable and earned. The company determines these requirements to be met at the point at which the product is delivered to the customer. The company grants certain customers sales incentives such as rebates or discounts and treats these as a reduction of sales at the time the sale is recognized. Sales tax collected from customers is not included in revenue but rather recorded as a liability due to the respective taxing authorities. Purchases and sales of inventory with the same counterparty that are entered into in contemplation of one another are considered to be a single nonmonetary transaction. As such, the company records the net effect of such transactions in the consolidated results of operations within sales.

Vendor Consideration

     Sysco recognizes consideration received from vendors when the services performed in connection with the monies received are completed and when the related product has been sold by Sysco as a reduction to cost of sales. There are several types of cash consideration received from vendors. In many instances, the vendor consideration is in the form of a specified amount per case or per pound. In these instances, Sysco will recognize the vendor consideration as a reduction of cost of sales when the product is sold. In the situations in which the vendor consideration is not related directly to specific product purchases, Sysco will recognize these as a reduction of cost of sales when the earnings process is complete, the related service is performed and the amounts are realized.

Shipping and Handling Costs

     Shipping and handling costs include costs associated with the selection of products and delivery to customers. Included in operating expenses are shipping and handling costs of approximately $2,222.1 million in fiscal 2011, $2,103.3 million in fiscal 2010, and $2,136.8 million in fiscal 2009.

Insurance Program

     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. Liabilities associated with these risks are estimated in part by considering historical claims experience, medical cost trends, demographic factors, severity factors and other actuarial assumptions.

Share-Based Compensation

     Sysco recognizes expense for its share-based compensation based on the fair value of the awards that are granted. The fair value of stock options is estimated at the date of grant using the Black-Scholes option pricing model. Option pricing methods require the input of highly subjective assumptions, including the expected stock price volatility. The fair value of restricted stock and restricted stock unit awards are based on the company's stock price on the date of grant. Measured compensation cost is recognized ratably over the vesting period of the related share-based compensation award. Cash flows resulting from tax deductions in excess of the compensation cost recognized for those options (excess tax benefits) are classified as financing cash flows on the consolidated cash flows statements.

Income Taxes

     Sysco recognizes deferred tax assets and liabilities based on the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured pursuant to tax laws using rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The impact on deferred tax assets and liabilities of a change in tax rate is recognized in income in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amount more likely than not to be realized.

     Sysco recognizes a tax benefit from an uncertain tax position when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the position. The amount recognized is measured as the largest amount of tax benefit that has greater than a 50% likelihood of being realized upon settlement. To the extent interest and penalties may be assessed by taxing authorities on any underpayment of income tax, estimated amounts required by the accounting guidance related to uncertain tax positions have been accrued and are classified as a component of income taxes in the consolidated results of operations.

     The determination of the company's provision for income taxes requires significant judgment, the use of estimates and the interpretation and application of complex tax laws. The company's provision for income taxes primarily reflects a combination of income earned and taxed in the various U.S. federal and state, as well as various foreign jurisdictions. Jurisdictional tax law changes, increases or decreases in permanent differences between book and tax items, accruals or adjustments of accruals for tax contingencies or valuation allowances, and the company's change in the mix of earnings from these taxing jurisdictions all affect the overall effective tax rate.

Acquisitions

     Acquisitions of businesses are accounted for using the purchase method of accounting, and the financial statements include the results of the acquired operations from the respective dates of acquisition.

     The purchase price of the acquired entities is allocated to the net assets acquired and liabilities assumed based on the estimated fair value at the dates of acquisition, with any excess of cost over the fair value of net assets acquired, including intangibles, recognized as goodwill. The balances included in the consolidated balance sheets related to recent acquisitions are based upon preliminary information and are subject to change when final asset and liability valuations are obtained. Subsequent changes to the preliminary balances are reflected retrospectively, if material. Material changes to the preliminary allocations are not anticipated by management.

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Debt and Other Financing Arrangements

12 Months Ended

Jul. 02, 2011

Debt [Abstract]

Debt and Other Financiing Arrangements

10. DEBT AND OTHER FINANCING ARRANGEMENTS

     Sysco's debt consists of the following:

	July 2, 2011			July 3, 2010
	(In thousands)
Short-term bank borrowings, interest at 2.0% as of July 2, 2011	$	181,975		$	—
Senior notes, interest at 6.1%, maturing in fiscal 2012		200,092			200,186
Senior notes, interest at 4.2%, maturing in fiscal 2013		253,316			252,801
Senior notes, interest at 4.6%, maturing in fiscal 2014		208,779			208,249
Senior notes, interest at 5.25%, maturing in fiscal 2018		497,724			497,379
Senior notes, interest at 5.375%, maturing in fiscal 2019		248,693			248,524
Debentures, interest at 7.16%, maturing in fiscal 2027		50,000			50,000
Debentures, interest at 6.5%, maturing in fiscal 2029		224,593			224,570
Senior notes, interest at 5.375%, maturing in fiscal 2036		499,639			499,625
Senior notes, interest at 6.625%, maturing in fiscal 2039		245,524			245,364
Industrial Revenue Bonds and other debt, interest averaging 5.9% as of July 2, 2011 and 5.7% as of July 3, 2010, maturing at various dates to fiscal 2026		58,188			53,934
Total debt		2,668,523			2,480,632
Less current maturities of long-term debt		(207,031	)		(7,970	)
Less short-term bank borrowings		(181,975	)		—
Net long-term debt	$	2,279,517		$	2,472,662

     The principal payments required to be made during the next five fiscal years on debt outstanding as of July 2, 2011 are shown below:

	Amount
	(In thousands)
2012	$	207,031
2013		258,171
2014		211,908
2015		3,481
2016		1,896

Short-term Borrowings

     As of July 2, 2011, Sysco had uncommitted bank lines of credit, which provided for unsecured borrowings for working capital of up to $95.0 million. As of July 3, 2010, Sysco had uncommitted bank lines of credit, which provided for unsecured borrowings for working capital of up to $88.0 million. There were no borrowings outstanding under these lines of credit as of July 2, 2011 or July 3, 2010, respectively.

     As of July 2, 2011 and July 3, 2010, the company's Irish subsidiary, Pallas Foods Limited, had a €10.0 million (Euro) committed facility for unsecured borrowings for working capital. There were no borrowings outstanding under this facility as of July 2, 2011 or July 3, 2010.

     On June 30, 2011, a Canadian subsidiary of Sysco entered into a short-term demand loan facility for the purpose of facilitating a distribution from the Canadian subsidiary to Sysco, and Sysco concurrently entered into an agreement with the bank to guarantee the loan. As of July 2, 2011, the amount outstanding under the facility was $182.0 million. The interest rate under the facility was 2.0% and payable on the due date. The loan was repaid in full on July 4, 2011.

Commercial Paper and Revolving Credit Facility

     Sysco has a Board-approved commercial paper program allowing the company to issue short-term unsecured notes in an aggregate amount not to exceed $1,300.0 million.

     Sysco and one of its subsidiaries, Sysco International, ULC., have a revolving credit facility supporting the company's U.S. and Canadian commercial paper programs. The facility in the amount of $1,000.0 million expires on November 4, 2012, but is subject to extension.

     During fiscal 2011, 2010 and 2009, aggregate outstanding commercial paper issuances and short-term bank borrowings ranged from approximately zero to $330.3 million, zero to $1.8 million, and zero to $165.0 million, respectively. There were no commercial paper issuances outstanding as of July 2, 2011 and July 3, 2010, respectively.

Fixed Rate Debt

     In February 2009, Sysco deregistered the securities remaining unsold under its then existing shelf registration statement that was filed with the SEC in February 2008 for the issuance of debt securities. In February 2009, Sysco filed with the SEC an automatically effective well-known seasoned issuer shelf registration statement for the issuance of an indeterminate amount of debt securities that may be issued from time to time.

     In March 2009, Sysco issued 5.375% senior notes totaling $250.0 million due March 17, 2019 (the 2019 notes) and 6.625% senior notes totaling $250.0 million due March 17, 2039 (the 2039 notes) under its February 2009 shelf registration. The 2019 and 2039 notes, which were priced at 99.321% and 98.061% of par, respectively, are unsecured, are not subject to any sinking fund requirement and include a redemption provision which allows Sysco to retire the notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the note holders are not penalized by early redemption. Proceeds from the notes will be utilized over a period of time for general corporate purposes, which may include acquisitions, refinancing of debt, working capital, share repurchases and capital expenditures.

     The 4.20% senior notes due February 12, 2013, 4.60% senior notes due March 15, 2014, the 5.25% senior notes due February 12, 2018, the 5.375% senior notes due September 21, 2035 and the 6.5% debentures due August 1, 2028 are unsecured, are not subject to any sinking fund requirement and include a redemption provision that allows Sysco to retire the debentures and notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the debenture and note holders are not penalized by the early redemption.

     The 7.16% debentures due April 15, 2027 are unsecured, are not subject to any sinking fund requirement and are no longer redeemable prior to maturity.

     The 6.10% senior notes due June 1, 2012, issued by Sysco International, Co., a wholly-owned subsidiary of Sysco now known as Sysco International, ULC, are fully and unconditionally guaranteed by Sysco Corporation, are not subject to any sinking fund requirement, and include a redemption provision which allows Sysco International, ULC. to retire the notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the note holders are not penalized by the early redemption.

     Sysco's Industrial Revenue Bonds have varying structures. Final maturities range from four to 15 years and certain of the bonds provide Sysco the right to redeem the bonds at various dates. These redemption provisions generally provide the bondholder a premium in the early redemption years, declining to par value as the bonds approach maturity.

Total Debt

     Total debt as of July 2, 2011 was $2,668.5 million of which approximately 75% was at fixed rates with a weighted average of 5.9% and an average life of 15 years, and the remainder was at floating rates with a weighted average of 2.1% and an average life of one year. Certain loan agreements contain typical debt covenants to protect note holders, including provisions to maintain the company's long-term debt to total capital ratio below a specified level. Sysco is currently in compliance with all debt covenants. 

Other

     As of July 2, 2011 and July 3, 2010 letters of credit outstanding were $23.0 million and $28.4 million, respectively.

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Debt and Other Financing Arrangements (Short-term Borrowings) (Details)							12 Months Ended
	Jul. 02, 2011 USD ($)	Jul. 03, 2010 USD ($)	Jul. 02, 2011 US Uncommitted Lines of Credit [Member] USD ($)	Jul. 03, 2010 US Uncommitted Lines of Credit [Member] USD ($)	Jul. 02, 2011 Euro Lines of Credit [Member] EUR (€)	Jul. 03, 2010 Euro Lines of Credit [Member] EUR (€)	Jul. 02, 2011 Short-term demand loan facility [Member] USD ($)
Line of credit facility, maximum borrowing capacity			$ 95,000,000	$ 88,000,000	€ 10,000,000	€ 10,000,000
Line of credit facility, outstanding borrowings			0	0	0	0
Short-term bank borrowings	$ 181,975,000	$ 0					$ 182,000,000
Interest rate on short-term bank borrowings	2.00%						2.00%
Maturity date of short-term bank borrowings							Jul. 04, 2011

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Debt and Other Financing Arrangements (Other) (Details) (Standby Letters of Credit [Member], USD $) In Millions	Jul. 02, 2011	Jul. 03, 2010
Standby Letters of Credit [Member]
Loss contingency, estimate of possible loss	$ 23.0	$ 28.4

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Employee Benefit Plans (Level 3 Rollforward) (Details) (Qualified pension plan [Member], USD $) In Thousands	12 Months Ended
	Jul. 02, 2011		Jul. 03, 2010
Fair value of plan assets at end of year	$ 2,106,313		$ 1,666,972
Level 3 [Member]
Fair value of plan assets at beginning of year	17,065		14,839
Actual return on plan assets still held at the reporting date	3,443		(1,545)
Actual return on plan assets sold during the period	0		(15)
Purchase and sales during the year	11,587		3,786
Transfers in and/or out of Level 3 during the year	0		0
Fair value of plan assets at end of year	32,095		17,065
Level 3 [Member] | Real estate [Member]
Fair value of plan assets at beginning of year	17,065	[1]	14,839
Actual return on plan assets still held at the reporting date	3,371		(1,545)
Actual return on plan assets sold during the period	0		(15)
Purchase and sales during the year	10,179		3,786
Transfers in and/or out of Level 3 during the year	0		0
Fair value of plan assets at end of year	30,615	[1]	17,065	[1]
Level 3 [Member] | Private Equity [Member]
Fair value of plan assets at beginning of year	0		0
Actual return on plan assets still held at the reporting date	72		0
Actual return on plan assets sold during the period	0		0
Purchase and sales during the year	1,408		0
Transfers in and/or out of Level 3 during the year	0		0
Fair value of plan assets at end of year	1,480	[1]	0
Real estate [Member]
Fair value of plan assets at end of year	30,615	[1]	17,065	[1]
Private Equity [Member]
Fair value of plan assets at end of year	$ 1,480	[1]

[1] Include investments in investment funds only.

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Derivative Financial Instruments (Tables)

12 Months Ended

Jul. 02, 2011

Derivative Financial Instruments [Abstract]

Derivatives balance sheet location table

	Asset Derivatives			Liability Derivatives
	Balance Sheet			Balance Sheet
	Location	Fair Value		Location		Fair Value
	(In thousands)
Fair Value Hedge Relationships:
Interest rate swap agreements
July 2, 2011	Other assets	$	13,482		N/A		N/A
July 3, 2010	Other assets	$	11,045		N/A		N/A

Derivatives financial statement performance table

		Amount of (Gain) or Loss
		Recognized in Income
	Location of (Gain)
	or Loss Recognized				2010
	in Income	2011			(53 Weeks)			2009
					(In thousands)
Fair Value Hedge Relationships:
Interest rate swap agreements	Interest expense	$	(9,026	)	$	(10,557	)		N/A

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Comprehensive Income

12 Months Ended

Jul. 02, 2011

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Comprehensive Income

14. COMPREHENSIVE INCOME

     Comprehensive income is net earnings plus certain other items that are recorded directly to shareholders' equity, such as foreign currency translation adjustments, amounts related to cash flow hedging arrangements and certain amounts related to pension and other postretirement plans. The amortization of the cash flow hedge noted in the tables below relates to a cash flow hedge of a forecasted debt issuance which was settled in September 2005 and is being amortized over the life of the related debt. Comprehensive income was $1,372.3 million, $977.7 million and $846.7 million in fiscal 2011, 2010 and 2009, respectively.

     A summary of the components of other comprehensive (loss) income and the related tax effects for each of the years presented is as follows:

	2011
	Before Tax						Net of Tax
	Amount			Tax			Amount
	(In thousands)
Foreign currency translation adjustment	$	122,217		$	—		$	122,217
Amortization of cash flow hedge		696			268			428
Amortization of prior service cost		4,145			1,592			2,553
Amortization of net actuarial loss (gain), net		79,564			30,551			49,013
Amortization of transition obligation		153			60			93
Prior service cost arising in current year		(9,239	)		(3,547	)		(5,692	)
Net actuarial (loss) gain, net arising in current year		83,898			32,217			51,681
Other comprehensive income	$	281,434		$	61,141		$	220,293

	2010
	(53 Weeks)
	Before Tax						Net of Tax
	Amount			Tax			Amount
				(In thousands)
Foreign currency translation adjustment	$	49,973		$	—		$	49,973
Amortization of cash flow hedge		695			267			428
Amortization of prior service cost		4,394			1,687			2,707
Amortization of net actuarial loss (gain), net		40,037			15,373			24,664
Amortization of transition obligation		153			60			93
Net actuarial (loss) gain, net arising in current year		(454,756	)		(174,626	)		(280,130	)
Other comprehensive loss	$	(359,504	)	$	(157,239	)	$	(202,265	)

	2009
	Before Tax						Net of Tax
	Amount			Tax			Amount
				(In thousands)
Foreign currency translation adjustment	$	(84,452	)	$	—		$	(84,452	)
Amortization of cash flow hedge		694			266			428
Amortization of prior service cost		3,923			1,505			2,418
Amortization of net actuarial loss (gain), net		17,571			6,747			10,824
Amortization of transition obligation		153			60			93
Pension liability assumption		(26,704	)		(10,254	)		(16,450	)
Prior service cost arising in current year		(575	)		(221	)		(354	)
Net actuarial (loss) gain, net arising in current year		(197,604	)		(75,879	)		(121,725	)
Other comprehensive loss	$	(286,994	)	$	(77,776	)	$	(209,218	)

     The following table provides a summary of the changes in accumulated other comprehensive (loss) income for the years presented:

	Pension and
	Other
	Postretirement						Interest Rate
	Benefit Plans,			Foreign Currency			Swap,
	net of tax			Translation			net of tax			Total
				(In thousands)
Balance as of June 28, 2008	$	(220,913	)	$	164,014		$	(11,869	)	$	(68,768	)
Foreign currency translation adjustment		—			(84,452	)		—			(84,452	)
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,418			—			—			2,418
Amortization of net actuarial loss (gain), net		10,824			—			—			10,824
Amortization of transition obligation		93			—			—			93
Pension liability assumption		(16,450	)		—			—			(16,450	)
Prior service cost arising in current year		(354	)		—			—			(354	)
Net actuarial (loss) gain, net arising in current year		(121,725	)		—			—			(121,725	)
Balance as of June 27, 2009		(346,107	)		79,562			(11,441	)		(277,986	)
Foreign currency translation adjustment		—			49,973			—			49,973
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,707			—			—			2,707
Amortization of net actuarial loss (gain), net		24,664			—			—			24,664
Amortization of transition obligation		93			—			—			93
Net actuarial (loss) gain, net arising in current year		(280,130	)		—			—			(280,130	)
Balance as of July 3, 2010		(598,773	)		129,535			(11,013	)		(480,251	)
Foreign currency translation adjustment		—			122,217			—			122,217
Amortization of cash flow hedge		—			—			428			428
Amortization of prior service cost		2,553			—			—			2,553
Amortization of net actuarial loss (gain), net		49,013			—			—			49,013
Amortization of transition obligation		93			—			—			93
Prior service cost arising in current year		(5,692	)		—			—			(5,692	)
Net actuarial (loss) gain, net arising in current year		51,681			—			—			51,681
Balance as of July 2, 2011	$	(501,125	)	$	251,752		$	(10,585	)	$	(259,958	)

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Consolidated Balance Sheets (USD $) In Thousands	Jul. 02, 2011	Jul. 03, 2010
Current assets
Cash and cash equivalents	$ 639,765	$ 585,443
Short-term investments	0	23,511
Accounts and notes receivable, less allowances of $42,436 and $36,573	2,898,283	2,617,352
Inventories	2,073,766	1,771,539
Prepaid expenses and other current assets	72,496	70,992
Prepaid income taxes	48,572	7,421
Total current assets	5,732,882	5,076,258
Plant and equipment at cost, less depreciation	3,512,389	3,203,823
Other assets
Goodwill	1,633,289	1,549,815
Intangibles, less amortization	109,938	106,398
Restricted cash	110,516	124,488
Prepaid pension cost	0	0
Other assets	286,541	252,919
Total other assets	2,140,284	2,033,620
Total assets	11,385,555	10,313,701
Current liabilities
Notes payable	181,975	0
Accounts payable	2,183,417	1,953,092
Accrued expenses	856,569	870,114
Deferred income taxes	146,083	178,022
Current maturities of long-term debt	207,031	7,970
Total current liabilities	3,575,075	3,009,198
Other liabilities
Long-term debt	2,279,517	2,472,662
Deferred income taxes	204,223	271,512
Other long-term liabilities	621,498	732,803
Total other liabilities	3,105,238	3,476,977
Commitments and contingencies
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	887,754	816,833
Retained earnings	7,681,669	7,134,139
Accumulated other comprehensive loss	(259,958)	(480,251)
Treasury stock, 173,597,346 and 176,768,795 shares, at cost	(4,369,398)	(4,408,370)
Total shareholders' equity	4,705,242	3,827,526
Total liabilities and shareholders' equity	$ 11,385,555	$ 10,313,701

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Debt and Other Financing Arrangements (Tables)

12 Months Ended

Jul. 02, 2011

Debt [Abstract]

Components of long-term debt table

	July 2, 2011			July 3, 2010
	(In thousands)
Short-term bank borrowings, interest at 2.0% as of July 2, 2011	$	181,975		$	—
Senior notes, interest at 6.1%, maturing in fiscal 2012		200,092			200,186
Senior notes, interest at 4.2%, maturing in fiscal 2013		253,316			252,801
Senior notes, interest at 4.6%, maturing in fiscal 2014		208,779			208,249
Senior notes, interest at 5.25%, maturing in fiscal 2018		497,724			497,379
Senior notes, interest at 5.375%, maturing in fiscal 2019		248,693			248,524
Debentures, interest at 7.16%, maturing in fiscal 2027		50,000			50,000
Debentures, interest at 6.5%, maturing in fiscal 2029		224,593			224,570
Senior notes, interest at 5.375%, maturing in fiscal 2036		499,639			499,625
Senior notes, interest at 6.625%, maturing in fiscal 2039		245,524			245,364
Industrial Revenue Bonds and other debt, interest averaging 5.9% as of July 2, 2011 and 5.7% as of July 3, 2010, maturing at various dates to fiscal 2026		58,188			53,934
Total debt		2,668,523			2,480,632
Less current maturities of long-term debt		(207,031	)		(7,970	)
Less short-term bank borrowings		(181,975	)		—
Net long-term debt	$	2,279,517		$	2,472,662

Long-term debt principal payments for the next five years table

	Amount
	(In thousands)
2012	$	207,031
2013		258,171
2014		211,908
2015		3,481
2016		1,896

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Share-Based Compensation (Employees' Stock Purchase Plan) (Details) (Employees' Stock Purchase Plan [Member], USD $)	1 Months Ended	12 Months Ended
	Jul. 30, 2011	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Employees' Stock Purchase Plan [Member]
Share-based payment award, discount from market price		15.00%
Additional shares authorized		5,000,000
Total number of shares authorized		79,000,000
Total number of shares available for grant		6,902,496
Equity instruments other than options vested, shares	377,730	1,655,100	1,827,386	2,031,695
Equity instruments other than options vested, weighted average grant date fair value per share (in USD per share)		$ 4.28	$ 3.87	$ 3.85

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Commitments and Contingencies (Other Commitments) (Details) (USD $) In Millions	12 Months Ended
	Jul. 02, 2011
Product Purchases for Resale Commitments [Member]
Product purchases for resale term for majority of agreements	one year
Product purchases for resale total commitment	$ 949.3
Product purchases for resale commitment in one year	858.0
Product purchases for resale commitment in two years	91.3
Hardware and Hardware Hosting Services Commitment [Member]
Time period of long-term purchase commitment	ten year period
Total amount of long-term purchase commitment	553.4
Termination fee associated with long-term purchase commitment if terminated in next fiscal year	$ 13.6

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Share-Based Compensation (Restricted Stock Units) (Details) (Restricted Stock Units [Member], USD $)	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010
Restricted Stock Units [Member]
Equity instruments other than options granted, shares	656,000	652,300
Equity instruments other than options granted, award vesting period	three-year period	three-year period
Equity instruments other than options granted, weighted average grant date fair value per share	$ 28.72	$ 27.24

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Allowance for Doubtful Accounts (Details) (USD $) In Thousands	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Alllowance for Doubtful Accounts [Abstract]
Allowance for doubtful accounts, beginning balance	$ 36,573	$ 36,078	$ 31,730
Allowance for doubtful accounts, charged to costs and expenses in period	42,623	34,931	74,638
Allowance for doubtul accounts, allowance accounts from acquistions and other arising during period	1,063	(139)	1,587
Allowance for doubtful accounts, customer accounts written off during period, net of recoveries	(37,823)	(34,297)	(71,877)
Allowance for doubtful accounts, ending balance	$ 42,436	$ 36,573	$ 36,078

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Quarterly Results (Unaudited) (Details) (USD $)	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Sales	$ 10,425,703,000	$ 9,761,660,000	$ 9,384,852,000	$ 9,751,274,000	$ 10,348,477,000	$ 8,945,093,000	$ 8,868,499,000	$ 9,081,426,000	$ 39,323,489,000	$ 37,243,495,000	$ 36,853,330,000
Cost of sales	8,471,311,000	7,929,111,000	7,623,185,000	7,905,170,000	8,344,198,000	7,242,530,000	7,153,191,000	7,315,269,000	31,928,777,000	30,055,188,000	29,743,076,000
Gross profit	1,954,392,000	1,832,549,000	1,761,667,000	1,846,104,000	2,004,279,000	1,702,563,000	1,715,308,000	1,766,157,000	7,394,712,000	7,188,307,000	7,110,254,000
Operating expenses	1,393,642,000	1,405,062,000	1,324,642,000	1,339,864,000	1,420,193,000	1,270,460,000	1,252,957,000	1,268,829,000	5,463,210,000	5,212,439,000	5,238,043,000
Operating income	560,750,000	427,487,000	437,025,000	506,240,000	584,086,000	432,103,000	462,351,000	497,328,000	1,931,502,000	1,975,868,000	1,872,211,000
Interest expense	30,134,000	28,972,000	28,060,000	31,101,000	32,501,000	27,654,000	31,522,000	33,800,000	118,267,000	125,477,000	116,322,000
Other expense (income), net	(4,278,000)	(6,957,000)	(1,300,000)	(1,684,000)	2,924,000	1,028,000	(1,138,000)	(2,012,000)	(14,219,000)	802,000	(14,945,000)
Earnings before income taxes	534,894,000	405,472,000	410,265,000	476,823,000	548,661,000	403,421,000	431,967,000	465,540,000	1,827,454,000	1,849,589,000	1,770,834,000
Income taxes	198,584,000	146,994,000	152,092,000	177,754,000	210,880,000	155,773,000	163,618,000	139,335,000	675,424,000	669,606,000	714,886,000
Net earnings	336,310,000	258,478,000	258,173,000	299,069,000	337,781,000	247,648,000	268,349,000	326,205,000	1,152,030,000	1,179,983,000	1,055,948,000
Basic net earnings (in USD per share)	$ 0.57	$ 0.44	$ 0.44	$ 0.51	$ 0.57	$ 0.42	$ 0.45	$ 0.55	$ 1.96	$ 1.99	$ 1.77
Diluted net earnings (in USD per share)	$ 0.57	$ 0.44	$ 0.44	$ 0.51	$ 0.57	$ 0.42	$ 0.45	$ 0.55	$ 1.96	$ 1.99	$ 1.77
Dividends declared per common share (in USD per share)	$ 0.26	$ 0.26	$ 0.26	$ 0.25	$ 0.25	$ 0.25	$ 0.25	$ 0.24	$ 1.03	$ 0.99	$ 0.94
Maximum [Member]
Market price (in USD per share)	33	31	30	32	32	30	29	26	33	32
Minimum [Member]
Market price (in USD per share)	$ 28	$ 27	$ 28	$ 27	$ 28	$ 27	$ 24	$ 21	$ 27	$ 21

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Debt and Other Financing Arrangements (Fixed Rate Debt) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended		12 Months Ended		12 Months Ended		12 Months Ended		1 Months Ended			12 Months Ended		12 Months Ended		12 Months Ended		1 Months Ended			12 Months Ended
	Jul. 02, 2011 Senior Notes, maturing in fiscal 2012 [Member]	Jul. 03, 2010 Senior Notes, maturing in fiscal 2012 [Member]	Jul. 02, 2011 Senior Notes, Maturing in Fiscal 2013 [Member]	Jul. 03, 2010 Senior Notes, Maturing in Fiscal 2013 [Member]	Jul. 02, 2011 Senior Notes, Maturing in Fiscal 2014 [Member]	Jul. 03, 2010 Senior Notes, Maturing in Fiscal 2014 [Member]	Jul. 02, 2011 Senior Notes, Maturing in Fiscal 2018 [Member]	Jul. 03, 2010 Senior Notes, Maturing in Fiscal 2018 [Member]	Mar. 31, 2009 Senior Notes, Maturing in Fiscal 2019 [Member]	Jul. 02, 2011 Senior Notes, Maturing in Fiscal 2019 [Member]	Jul. 03, 2010 Senior Notes, Maturing in Fiscal 2019 [Member]	Jul. 02, 2011 Debentures, Maturing in Fiscal 2027 [Member]	Jul. 03, 2010 Debentures, Maturing in Fiscal 2027 [Member]	Jul. 02, 2011 Debentures, Maturing in Fiscal 2029 [Member]	Jul. 03, 2010 Debentures, Maturing in Fiscal 2029 [Member]	Jul. 02, 2011 Senior Notes, Maturing in Fiscal 2036 [Member]	Jul. 03, 2010 Senior Notes, Maturing in Fiscal 2036 [Member]	Mar. 31, 2009 Senior Notes, Maturing in Fiscal 2039 [Member]	Jul. 02, 2011 Senior Notes, Maturing in Fiscal 2039 [Member]	Jul. 03, 2010 Senior Notes, Maturing in Fiscal 2039 [Member]	Jul. 02, 2011 Industrial Revenue Bonds [Member]
Interest rate on debt instrument	6.10%	6.10%	4.20%	4.20%	4.60%	4.60%	5.25%	5.25%	5.375%	5.375%	5.375%	7.16%	7.16%	6.50%	6.50%	5.375%	5.375%	6.625%	6.625%	6.625%
Face value of debt instrument									$ 250.0									$ 250.0
Maturity date on long-term debt	Jun. 01, 2012		Feb. 12, 2013		Mar. 15, 2014		Feb. 12, 2018		Mar. 17, 2019			Apr. 15, 2027		Aug. 01, 2028		Sep. 21, 2035		Mar. 17, 2039
Pricing of senior notes, percentage of par									99.321%									98.061%
Industrial revenue bonds maturity date range, start																					four
Industrial revenue bond maturity date range, end																					15

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Employee Benefit Plans (Investment Strategy) (Details) (Qualified pension plan [Member])	12 Months Ended
	Jul. 02, 2011
Actual investment allocation	100.00%
U.S. Equity [Member]
Actual investment allocation	33.00%
U.S. Equity [Member] | Minimum [Member]
Target investment allocation range	23.00%
U.S. Equity [Member] | Maximum [Member]
Target investment allocation range	31.00%
International equity [Member]
Actual investment allocation	28.00%
International equity [Member] | Minimum [Member]
Target investment allocation range	23.00%
International equity [Member] | Maximum [Member]
Target investment allocation range	31.00%
Core Fixed Income [Member]
Actual investment allocation	15.00%
Core Fixed Income [Member] | Minimum [Member]
Target investment allocation range	11.00%
Core Fixed Income [Member] | Maximum [Member]
Target investment allocation range	17.00%
Long duration fixed income [Member]
Actual investment allocation	13.00%
Long duration fixed income [Member] | Minimum [Member]
Target investment allocation range	10.00%
Long duration fixed income [Member] | Maximum [Member]
Target investment allocation range	18.00%
High yield fixed income [Member]
Actual investment allocation	9.00%
High yield fixed income [Member] | Minimum [Member]
Target investment allocation range	6.00%
High yield fixed income [Member] | Maximum [Member]
Target investment allocation range	12.00%
Alternative investments [Member]
Actual investment allocation	2.00%
Alternative investments [Member] | Minimum [Member]
Target investment allocation range	5.00%
Alternative investments [Member] | Maximum [Member]
Target investment allocation range	15.00%

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Supplemental Guarantor Information - Parent Guarantee (Results of Operations) (Details) (USD $) In Thousands	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Sales	$ 10,425,703	$ 9,761,660	$ 9,384,852	$ 9,751,274	$ 10,348,477	$ 8,945,093	$ 8,868,499	$ 9,081,426	$ 39,323,489	$ 37,243,495	$ 36,853,330
Cost of sales	8,471,311	7,929,111	7,623,185	7,905,170	8,344,198	7,242,530	7,153,191	7,315,269	31,928,777	30,055,188	29,743,076
Gross margin	1,954,392	1,832,549	1,761,667	1,846,104	2,004,279	1,702,563	1,715,308	1,766,157	7,394,712	7,188,307	7,110,254
Operating expenses	1,393,642	1,405,062	1,324,642	1,339,864	1,420,193	1,270,460	1,252,957	1,268,829	5,463,210	5,212,439	5,238,043
Operating income (loss)	560,750	427,487	437,025	506,240	584,086	432,103	462,351	497,328	1,931,502	1,975,868	1,872,211
Interest expense (income)	30,134	28,972	28,060	31,101	32,501	27,654	31,522	33,800	118,267	125,477	116,322
Other expense (income), net	(4,278)	(6,957)	(1,300)	(1,684)	2,924	1,028	(1,138)	(2,012)	(14,219)	802	(14,945)
Earnings (losses) before income taxes	534,894	405,472	410,265	476,823	548,661	403,421	431,967	465,540	1,827,454	1,849,589	1,770,834
Income tax (benefit) provision	198,584	146,994	152,092	177,754	210,880	155,773	163,618	139,335	675,424	669,606	714,886
Equity in earnings of subsidiaries									0	0	0
Net earnings x	336,310	258,478	258,173	299,069	337,781	247,648	268,349	326,205	1,152,030	1,179,983	1,055,948
Parent Guarantee [Member] | Sysco [Member]
Sales									0	0	0
Cost of sales									0	0	0
Gross margin									0	0	0
Operating expenses									535,224	500,823	452,959
Operating income (loss)									(535,224)	(500,823)	(452,959)
Interest expense (income)									453,593	496,410	476,238
Other expense (income), net									(5,581)	5,546	(3,273)
Earnings (losses) before income taxes									(983,236)	(1,002,779)	(925,924)
Income tax (benefit) provision									(363,403)	(363,029)	(373,797)
Equity in earnings of subsidiaries									1,771,863	1,819,733	1,608,075
Net earnings x									1,152,030	1,179,983	1,055,948
Parent Guarantee [Member] | Sysco International [Member]
Sales									0	0	0
Cost of sales									0	0	0
Gross margin									0	0	0
Operating expenses									127	112	117
Operating income (loss)									(127)	(112)	(117)
Interest expense (income)									10,973	10,961	11,142
Other expense (income), net									0	0	0
Earnings (losses) before income taxes									(11,100)	(11,073)	(11,259)
Income tax (benefit) provision									(4,103)	(4,009)	(4,545)
Equity in earnings of subsidiaries									60,758	38,342	44,626
Net earnings x									53,761	31,278	37,912
Parent Guarantee [Member] | Other Non-Guarantor Subsidiaries [Member]
Sales									39,323,489	37,243,495	36,853,330
Cost of sales									31,928,777	30,055,188	29,743,076
Gross margin									7,394,712	7,188,307	7,110,254
Operating expenses									4,927,859	4,711,504	4,784,967
Operating income (loss)									2,466,853	2,746,803	2,325,287
Interest expense (income)									(346,299)	(381,894)	(371,058)
Other expense (income), net									(8,638)	(4,744)	(11,672)
Earnings (losses) before income taxes									2,821,790	2,863,441	2,708,017
Income tax (benefit) provision									1,042,930	1,036,644	1,093,228
Equity in earnings of subsidiaries									0	0	0
Net earnings x									1,778,860	1,826,797	1,614,789
Parent Guarantee [Member] | Eliminations [Member]
Sales									0	0	0
Cost of sales									0	0	0
Gross margin									0	0	0
Operating expenses									0	0	0
Operating income (loss)									0	0	0
Interest expense (income)									0	0	0
Other expense (income), net									0	0	0
Earnings (losses) before income taxes									0	0	0
Income tax (benefit) provision									0	0	0
Equity in earnings of subsidiaries									(1,832,621)	(1,858,075)	(1,652,701)
Net earnings x									$ (1,832,621)	$ (1,858,075)	$ (1,652,701)

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Supplemental Guarantor Information - Parent Guarantee (Narratives) (Details) (Parent Guarantee [Member], Senior Notes, maturing in fiscal 2012 [Member], USD $) In Millions, unless otherwise specified	Jul. 02, 2011
Parent Guarantee [Member] | Senior Notes, maturing in fiscal 2012 [Member]
Face value of debt instrument	$ 200.0
Interest rate on debt instrument	6.10%

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Supplemental Guarantor Information - Subsidiary Guarantees (Narratives) (Details) (Subsidiary Guarantee [Member], USD $) In Millions	Jul. 02, 2011
Subsidiary Guarantee [Member]
Face value of outstanding senior notes and debentures guaranteed by wholly-owned subsidiaries	$ 2,225.0

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Supplemental Guarantor Information - Subsidiary Guarantees (Results of Operations) (Details) (USD $) In Thousands	3 Months Ended								12 Months Ended
	Jul. 02, 2011	Apr. 02, 2011	Jan. 01, 2011	Oct. 02, 2010	Jul. 03, 2010	Mar. 27, 2010	Dec. 26, 2009	Sep. 26, 2009	Jul. 02, 2011	Jul. 03, 2010	Jun. 27, 2009
Sales	$ 10,425,703	$ 9,761,660	$ 9,384,852	$ 9,751,274	$ 10,348,477	$ 8,945,093	$ 8,868,499	$ 9,081,426	$ 39,323,489	$ 37,243,495	$ 36,853,330
Cost of sales	8,471,311	7,929,111	7,623,185	7,905,170	8,344,198	7,242,530	7,153,191	7,315,269	31,928,777	30,055,188	29,743,076
Gross profit	1,954,392	1,832,549	1,761,667	1,846,104	2,004,279	1,702,563	1,715,308	1,766,157	7,394,712	7,188,307	7,110,254
Operating expenses	1,393,642	1,405,062	1,324,642	1,339,864	1,420,193	1,270,460	1,252,957	1,268,829	5,463,210	5,212,439	5,238,043
Operating income (loss)	560,750	427,487	437,025	506,240	584,086	432,103	462,351	497,328	1,931,502	1,975,868	1,872,211
Interest expense (income)	30,134	28,972	28,060	31,101	32,501	27,654	31,522	33,800	118,267	125,477	116,322
Other expense (income), net	(4,278)	(6,957)	(1,300)	(1,684)	2,924	1,028	(1,138)	(2,012)	(14,219)	802	(14,945)
Earnings (losses) before income taxes	534,894	405,472	410,265	476,823	548,661	403,421	431,967	465,540	1,827,454	1,849,589	1,770,834
Income tax (benefit) provision	198,584	146,994	152,092	177,754	210,880	155,773	163,618	139,335	675,424	669,606	714,886
Equity in earnings of subsidiaries									0	0	0
Net earnings x	336,310	258,478	258,173	299,069	337,781	247,648	268,349	326,205	1,152,030	1,179,983	1,055,948
Subsidiary Guarantee [Member] | Sysco-Debt Issuing Parent [Member]
Sales									0	0	0
Cost of sales									0	0	0
Gross profit									0	0	0
Operating expenses									535,224	500,823	452,959
Operating income (loss)									(535,224)	(500,823)	(452,959)
Interest expense (income)									453,593	496,410	476,238
Other expense (income), net									(5,581)	5,546	(3,273)
Earnings (losses) before income taxes									(983,236)	(1,002,779)	(925,924)
Income tax (benefit) provision									(363,403)	(363,029)	(373,797)
Equity in earnings of subsidiaries									1,771,863	1,819,733	1,608,075
Net earnings x									1,152,030	1,179,983	1,055,948
Subsidiary Guarantee [Member] | U.S. Broadline Subsidiaries [Member]
Sales									27,138,172	25,966,566	26,013,529
Cost of sales									21,591,829	20,499,083	20,518,593
Gross profit									5,546,343	5,467,483	5,494,936
Operating expenses									3,455,148	3,342,934	3,448,636
Operating income (loss)									2,091,195	2,124,549	2,046,300
Interest expense (income)									(332,561)	(374,203)	(365,999)
Other expense (income), net									(4,636)	(3,201)	(5,563)
Earnings (losses) before income taxes									2,428,392	2,501,953	2,417,862
Income tax (benefit) provision									897,529	905,774	976,091
Equity in earnings of subsidiaries									0	0	0
Net earnings x									1,530,863	1,596,179	1,441,771
Subsidiary Guarantee [Member] | Other Non-Guarantor Subsidiaries [Member]
Sales									12,861,426	11,821,286	11,301,822
Cost of sales									10,923,446	10,015,733	9,611,706
Gross profit									1,937,980	1,805,553	1,690,116
Operating expenses									1,562,449	1,453,411	1,411,246
Operating income (loss)									375,531	352,142	278,870
Interest expense (income)									(2,765)	3,270	6,083
Other expense (income), net									(4,002)	(1,543)	(6,109)
Earnings (losses) before income taxes									382,298	350,415	278,896
Income tax (benefit) provision									141,298	126,861	112,592
Equity in earnings of subsidiaries									0	0	0
Net earnings x									241,000	223,554	166,304
Subsidiary Guarantee [Member] | Eliminations [Member]
Sales									(676,109)	(544,357)	(462,021)
Cost of sales									(586,498)	(459,628)	(387,223)
Gross profit									(89,611)	(84,729)	(74,798)
Operating expenses									(89,611)	(84,729)	(74,798)
Operating income (loss)									0	0	0
Interest expense (income)									0	0	0
Other expense (income), net									0	0	0
Earnings (losses) before income taxes									0	0	0
Income tax (benefit) provision									0	0	0
Equity in earnings of subsidiaries									(1,771,863)	(1,819,733)	(1,608,075)
Net earnings x									$ (1,771,863)	$ (1,819,733)	$ (1,608,075)

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Supplemental Guarantor Information - Subsidiary Guarantees (Tables) (Subsidiary Guarantee [Member])

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Jun. 27, 2009

Subsidiary Guarantee [Member]

Condensed consolidating balance sheet table

	Condensed Consolidating Balance Sheet
	July 2, 2011
			U.S.			Other
			Broadline			Non-Guarantor						Consolidated
	Sysco		Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	354,450	$	3,476,921		$	1,901,511		$	—		$	5,732,882
Investment in subsidiaries		14,014,569		—			—			(14,014,569	)		—
Plant and equipment, net		569,567		1,794,473			1,148,349			—			3,512,389
Other assets		378,317		519,664			1,242,303			—			2,140,284
Total assets	$	15,316,903	$	5,791,058		$	4,292,163		$	(14,014,569	)	$	11,385,555
Current liabilities	$	430,300	$	840,586		$	2,304,189		$	—		$	3,575,075
Intercompany payables (receivables)		7,800,254		(7,701,021	)		(99,233	)		—			—
Long-term debt		2,227,483		26,542			25,492			—			2,279,517
Other liabilities		405,376		343,427			76,918			—			825,721
Shareholders' equity		4,453,490		12,281,524			1,984,797			(14,014,569	)		4,705,242
Total liabilities and shareholders' equity	$	15,316,903	$	5,791,058		$	4,292,163		$	(14,014,569	)	$	11,385,555

	Condensed Consolidating Balance Sheet
	July 3, 2010
			U.S.			Other
			Broadline			Non-Guarantor						Consolidated
	Sysco		Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Current assets	$	417,336	$	3,165,121		$	1,493,801		$	—		$	5,076,258
Investment in subsidiaries		15,265,792		—			—			(15,265,792	)		—
Plant and equipment, net		425,279		1,762,580			1,015,964			—			3,203,823
Other assets		362,658		484,887			1,186,075			—			2,033,620
Total assets	$	16,471,065	$	5,412,588		$	3,695,840		$	(15,265,792	)	$	10,313,701
Current liabilities	$	444,274	$	918,449		$	1,646,475		$	—		$	3,009,198
Intercompany payables (receivables)		9,691,238		(9,674,808	)		(16,430	)		—			—
Long-term debt		2,225,781		18,860			228,021			—			2,472,662
Other liabilities		411,781		491,528			101,006			—			1,004,315
Shareholders' equity		3,697,991		13,658,559			1,736,768			(15,265,792	)		3,827,526
Total liabilities and shareholders' equity	$	16,471,065	$	5,412,588		$	3,695,840		$	(15,265,792	)	$	10,313,701

Condensed consolidating results of operations table

	Condensed Consolidating Results of Operations
	Year Ended July 2, 2011
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	27,138,172		$	12,861,426		$	(676,109	)	$	39,323,489
Cost of sales		—			21,591,829			10,923,446			(586,498	)		31,928,777
Gross profit		—			5,546,343			1,937,980			(89,611	)		7,394,712
Operating expenses		535,224			3,455,148			1,562,449			(89,611	)		5,463,210
Operating income (loss)		(535,224	)		2,091,195			375,531			—			1,931,502
Interest expense (income)		453,593			(332,561	)		(2,765	)		—			118,267
Other expense (income), net		(5,581	)		(4,636	)		(4,002	)		—			(14,219	)
Earnings (losses) before income taxes		(983,236	)		2,428,392			382,298			—			1,827,454
Income tax (benefit) provision		(363,403	)		897,529			141,298			—			675,424
Equity in earnings of subsidiaries		1,771,863			—			—			(1,771,863	)		—
Net earnings	$	1,152,030		$	1,530,863		$	241,000		$	(1,771,863	)	$	1,152,030

	Condensed Consolidating Results of Operations
	Year Ended July 3, 2010
	(53 Weeks)
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	25,966,566		$	11,821,286		$	(544,357	)	$	37,243,495
Cost of sales		—			20,499,083			10,015,733			(459,628	)		30,055,188
Gross profit		—			5,467,483			1,805,553			(84,729	)		7,188,307
Operating expenses		500,823			3,342,934			1,453,411			(84,729	)		5,212,439
Operating income (loss)		(500,823	)		2,124,549			352,142			—			1,975,868
Interest expense (income)		496,410			(374,203	)		3,270			—			125,477
Other expense (income), net		5,546			(3,201	)		(1,543	)		—			802
Earnings (losses) before income taxes		(1,002,779	)		2,501,953			350,415			—			1,849,589
Income tax (benefit) provision		(363,029	)		905,774			126,861			—			669,606
Equity in earnings of subsidiaries		1,819,733			—			—			(1,819,733	)		—
Net earnings	$	1,179,983		$	1,596,179		$	223,554		$	(1,819,733	)	$	1,179,983

	Condensed Consolidating Results of Operations
	Year Ended June 27, 2009
				U.S.			Other
				Broadline			Non-Guarantor						Consolidated
	Sysco			Subsidiaries			Subsidiaries			Eliminations			Totals
	(In thousands)
Sales	$	—		$	26,013,529		$	11,301,822		$	(462,021	)	$	36,853,330
Cost of sales		—			20,518,593			9,611,706			(387,223	)		29,743,076
Gross profit		—			5,494,936			1,690,116			(74,798	)		7,110,254
Operating expenses		452,959			3,448,636			1,411,246			(74,798	)		5,238,043
Operating income (loss)		(452,959	)		2,046,300			278,870			—			1,872,211
Interest expense (income)		476,238			(365,999	)		6,083			—			116,322
Other expense (income), net		(3,273	)		(5,563	)		(6,109	)		—			(14,945	)
Earnings (losses) before income taxes		(925,924	)		2,417,862			278,896			—			1,770,834
Income tax (benefit) provision		(373,797	)		976,091			112,592			—			714,886
Equity in earnings of subsidiaries		1,608,075			—			—			(1,608,075	)		—
Net earnings	$	1,055,948		$	1,441,771		$	166,304		$	(1,608,075	)	$	1,055,948

Condensed consolidating cash flows table

	Condensed Consolidating Cash Flows
	Year Ended July 2, 2011
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(491,211	)	$	1,243,884		$	338,845		$	1,091,518
Investing activities		(203,090	)		(318,382	)		(158,084	)		(679,556	)
Financing activities		(555,282	)		1,263			176,112			(377,907	)
Effect of exchange rate on cash		—			—			20,267			20,267
Intercompany activity		1,181,573			(926,546	)		(255,027	)		—
Net (decrease) increase in cash		(68,010	)		219			122,113			54,322
Cash at the beginning of the period		373,523			31,935			179,985			585,443
Cash at the end of the period	$	305,513		$	32,154		$	302,098		$	639,765

	Condensed Consolidating Cash Flows
	Year Ended July 3, 2010
	(53 Weeks)
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(649,277	)	$	1,239,657		$	295,048		$	885,428
Investing activities		(225,565	)		(228,769	)		(201,986	)		(656,320	)
Financing activities		(664,236	)		559			(3,353	)		(667,030	)
Effect of exchange rate on cash		—			—			4,714			4,714
Intercompany activity		1,013,405			(1,011,728	)		(1,677	)		—
Net (decrease) increase in cash		(525,673	)		(281	)		92,746			(433,208	)
Cash at the beginning of the period		899,196			32,216			87,239			1,018,651
Cash at the end of the period	$	373,523		$	31,935		$	179,985		$	585,443

	Condensed Consolidating Cash Flows
	Year Ended June 27, 2009
				U.S.			Other
				Broadline			Non-Guarantor			Consolidated
	Sysco			Subsidiaries			Subsidiaries			Totals
	(In thousands)
Net cash provided by (used for):
Operating activities	$	(493,984	)	$	1,752,869		$	317,864		$	1,576,749
Investing activities		(82,684	)		(296,933	)		(279,046	)		(658,663	)
Financing activities		(380,564	)		1,060			(139	)		(379,643	)
Effect of exchange rate on cash		—			—			334			334
Intercompany activity		1,369,782			(1,458,992	)		89,210			—
Net increase (decrease) in cash		412,550			(1,996	)		128,223			538,777
Cash at the beginning of the period		486,646			34,212			(40,984	)		479,874
Cash at the end of the period	$	899,196		$	32,216		$	87,239		$	1,018,651

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Quarterly Results (Unaudited) (Tables)

12 Months Ended

Jul. 02, 2011

Jul. 03, 2010

Quarterly Financial Data [Abstract]

Quarterly results (unaudited) table

	Fiscal 2011 Quarter Ended
	October 2			January 1			April 2			July 2			Fiscal Year
	(In thousands except for per share data)
Sales	$	9,751,274		$	9,384,852		$	9,761,660		$	10,425,703		$	39,323,489
Cost of sales		7,905,170			7,623,185			7,929,111			8,471,311			31,928,777
Gross profit		1,846,104			1,761,667			1,832,549			1,954,392			7,394,712
Operating expenses		1,339,864			1,324,642			1,405,062			1,393,642			5,463,210
Operating income		506,240			437,025			427,487			560,750			1,931,502
Interest expense		31,101			28,060			28,972			30,134			118,267
Other expense (income), net		(1,684	)		(1,300	)		(6,957	)		(4,278	)		(14,219	)
Earnings before income taxes		476,823			410,265			405,472			534,894			1,827,454
Income taxes		177,754			152,092			146,994			198,584			675,424
Net earnings	$	299,069		$	258,173		$	258,478		$	336,310		$	1,152,030
Per share:
Basic net earnings	$	0.51		$	0.44		$	0.44		$	0.57		$	1.96
Diluted net earnings		0.51			0.44			0.44			0.57			1.96
Dividends declared		0.25			0.26			0.26			0.26			1.03
Market price — high/low		32-27			30-28			31-27			33-28			33-27

Fiscal 2010 Quarter Ended
									July 3		Fiscal Year
	September 26			December 26			March 27		(14 Weeks)		(53 Weeks)
	(In thousands except for per share data)
Sales	$	9,081,426		$	8,868,499		$	8,945,093	$	10,348,477	$	37,243,495
Cost of sales		7,315,269			7,153,191			7,242,530		8,344,198		30,055,188
Gross profit		1,766,157			1,715,308			1,702,563		2,004,279		7,188,307
Operating expenses		1,268,829			1,252,957			1,270,460		1,420,193		5,212,439
Operating income		497,328			462,351			432,103		584,086		1,975,868
Interest expense		33,800			31,522			27,654		32,501		125,477
Other (income), net		(2,012	)		(1,138	)		1,028		2,924		802
Earnings before income taxes		465,540			431,967			403,421		548,661		1,849,589
Income taxes		139,335			163,618			155,773		210,880		669,606
Net earnings	$	326,205		$	268,349		$	247,648	$	337,781	$	1,179,983
Per share:
Basic net earnings	$	0.55		$	0.45		$	0.42	$	0.57	$	1.99
Diluted net earnings		0.55			0.45			0.42		0.57		1.99
Dividends declared		0.24			0.25			0.25		0.25		0.99
Market price — high/low		26-21			29-24			30-27		32-28		32-21

Quarterly results (unaudited) percentage change table

Percentage change — 2011 vs. 2010:
Sales	7	%	6	%	9	%	1	%	6	%
Operating income	2		(5	)	(1	)	(4	)	(2	)
Net earnings	(8	)	(4	)	4		(0	)	(2	)
Basic net earnings per share	(7	)	(2	)	5		—		(2	)
Diluted net earnings per share	(7	)	(2	)	5		—		(2	)

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Debt and Other Financing Arrangements (Long-term Debt) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jul. 02, 2011	Jul. 03, 2010	Mar. 31, 2009
Short-term bank borrowings	$ 181,975	$ 0
Interest rate on short-term bank borrowings	2.00%
Total debt	2,668,523	2,480,632
Less current maturities of long-term debt	(207,031)	(7,970)
Less short-term bank borrowings	(181,975)	0
Net long-term debt	2,279,517	2,472,662
Principal payments in year 1	207,031
Principal payments in year 2	258,171
Principal payments in year 3	211,908
Principal payments in year 4	3,481
Principal payments in year 5	1,896
Senior Notes, maturing in fiscal 2012 [Member]
Carrying amount of long term debt	200,092	200,186
Interest rate on debt instrument	6.10%	6.10%
Debt Instrument maturity date stated in fiscal year	2012	2012
Senior Notes, Maturing in Fiscal 2013 [Member]
Carrying amount of long term debt	253,316	252,801
Interest rate on debt instrument	4.20%	4.20%
Debt Instrument maturity date stated in fiscal year	2013	2013
Senior Notes, Maturing in Fiscal 2014 [Member]
Carrying amount of long term debt	208,779	208,249
Interest rate on debt instrument	4.60%	4.60%
Debt Instrument maturity date stated in fiscal year	2014	2014
Senior Notes, Maturing in Fiscal 2018 [Member]
Carrying amount of long term debt	497,724	497,379
Interest rate on debt instrument	5.25%	5.25%
Debt Instrument maturity date stated in fiscal year	2018	2018
Senior Notes, Maturing in Fiscal 2019 [Member]
Carrying amount of long term debt	248,693	248,524
Interest rate on debt instrument	5.375%	5.375%	5.375%
Debt Instrument maturity date stated in fiscal year	2019	2019
Debentures, Maturing in Fiscal 2027 [Member]
Carrying amount of long term debt	50,000	50,000
Interest rate on debt instrument	7.16%	7.16%
Debt Instrument maturity date stated in fiscal year	2027	2027
Debentures, Maturing in Fiscal 2029 [Member]
Carrying amount of long term debt	224,593	224,570
Interest rate on debt instrument	6.50%	6.50%
Debt Instrument maturity date stated in fiscal year	2029	2029
Senior Notes, Maturing in Fiscal 2036 [Member]
Carrying amount of long term debt	499,639	499,625
Interest rate on debt instrument	5.375%	5.375%
Debt Instrument maturity date stated in fiscal year	2036	2036
Senior Notes, Maturing in Fiscal 2039 [Member]
Carrying amount of long term debt	245,524	245,364
Interest rate on debt instrument	6.625%	6.625%	6.625%
Debt Instrument maturity date stated in fiscal year	2039	2039
Industrial Revenue Bonds and Other Debt [Member]
Carrying amount of industrial revenue bonds & other debt	$ 58,188	$ 53,934
Interest rate on debt instrument	5.90%	5.70%
Maturity date range end for industrial revenue bonds and other debt, stated in fiscal year	2026	2026

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Leases (Tables)

12 Months Ended

Jul. 02, 2011

Leases [Abstract]

Aggregate minimum lease payments for non-capitalized long-term leases for the next five years and thereafter table

	Amount
	(In thousands)
2012	$	50,962
2013		39,239
2014		30,531
2015		24,814
2016		18,665
Thereafter		57,426