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Consolidated Results of Operations (USD $)
In Thousands, except Share data
3 Months Ended12 Months Ended
Jul. 02, 2011
Apr. 02, 2011
Jan. 01, 2011
Oct. 02, 2010
Jul. 03, 2010
Mar. 27, 2010
Dec. 26, 2009
Sep. 26, 2009
Jul. 02, 2011
Jul. 03, 2010
Jun. 27, 2009
Consolidated Results of Operations           
Sales$ 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 sales8,471,3117,929,1117,623,1857,905,1708,344,1987,242,5307,153,1917,315,26931,928,77730,055,18829,743,076
Gross profit1,954,3921,832,5491,761,6671,846,1042,004,2791,702,5631,715,3081,766,1577,394,7127,188,3077,110,254
Operating expenses1,393,6421,405,0621,324,6421,339,8641,420,1931,270,4601,252,9571,268,8295,463,2105,212,4395,238,043
Operating income560,750427,487437,025506,240584,086432,103462,351497,3281,931,5021,975,8681,872,211
Interest expense30,13428,97228,06031,10132,50127,65431,52233,800118,267125,477116,322
Other expense (income), net(4,278)(6,957)(1,300)(1,684)2,9241,028(1,138)(2,012)(14,219)802(14,945)
Earnings before income taxes534,894405,472410,265476,823548,661403,421431,967465,5401,827,4541,849,5891,770,834
Income taxes198,584146,994152,092177,754210,880155,773163,618139,335675,424669,606714,886
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        586,526,142592,157,221595,127,577
Diluted shares outstanding        588,691,546593,590,042596,069,204
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