$SYY
SYSCO CORP
CIK:0000096021|SEC Filings
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Jun. 27, 2026 |
Jun. 28, 2025 |
Jun. 29, 2024 |
|
| Statement of Comprehensive Income [Abstract] | |||
| Net earnings | $ 1,757 | $ 1,828 | $ 1,955 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustment | (124) | 287 | (33) |
| Items presented net of tax: | |||
| Amortization of cash flow hedges | 4 | 5 | 7 |
| Change in net investment hedges | 48 | (49) | (3) |
| Change in cash flow hedges | 30 | (3) | 16 |
| Change in excluded components of fair value hedge | 2 | (2) | 2 |
| Amortization of actuarial loss | 22 | 20 | 20 |
| Net actuarial gain (loss) and other adjustments arising in current year | 101 | (21) | (97) |
| Change in marketable securities | 1 | 4 | 2 |
| Total other comprehensive income (loss) | 84 | 241 | (86) |
| Comprehensive income | $ 1,841 | $ 2,069 | $ 1,869 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions |
Jun. 27, 2026 |
Jun. 28, 2025 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 1,786 | $ 1,071 |
| Accounts receivable, less allowances of $13 and $17 | 5,865 | 5,502 |
| Inventories | 5,338 | 5,053 |
| Prepaid expenses and other current assets | 427 | 338 |
| Income tax receivable | 21 | 4 |
| Total current assets | 13,437 | 11,968 |
| Plant and equipment at cost, less accumulated depreciation | 5,974 | 6,084 |
| Other long-term assets | ||
| Goodwill | 5,225 | 5,231 |
| Intangibles, less amortization | 952 | 1,080 |
| Deferred income taxes | 506 | 497 |
| Operating lease right-of-use assets, net | 1,389 | 1,131 |
| Other assets | 914 | 783 |
| Total other long-term assets | 8,986 | 8,722 |
| Total assets | 28,397 | 26,774 |
| Current liabilities | ||
| Accounts payable | 6,640 | 6,512 |
| Accrued expenses | 2,456 | 2,268 |
| Accrued income taxes | 60 | 51 |
| Current operating lease liabilities | 166 | 136 |
| Current maturities of long-term debt | 1,201 | 949 |
| Total current liabilities | 10,523 | 9,916 |
| Long-term liabilities | ||
| Long-term debt | 12,315 | 12,360 |
| Deferred income taxes | 456 | 345 |
| Long-term operating lease liabilities | 1,285 | 1,049 |
| Other long-term liabilities | 1,152 | 1,247 |
| Total long-term liabilities | 15,208 | 15,001 |
| Noncontrolling interest | 0 | 27 |
| 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 | 765 |
| Paid-in capital | 2,114 | 1,986 |
| Retained earnings | 13,748 | 13,061 |
| Accumulated other comprehensive income (loss), net | (1,014) | (1,098) |
| Treasury stock at cost, 286,631,270 and 287,678,658 shares | (12,947) | (12,884) |
| Total shareholders’ equity | 2,666 | 1,830 |
| Total liabilities and shareholders’ equity | $ 28,397 | $ 26,774 |