Performance Food (PFGC) 10-Q 5 May 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 27, 2021	Apr. 28, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 27, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Registrant Name	Performance Food Group Company
Entity Central Index Key	0001618673
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--07-03
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		133,800,643
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Trading Symbol	PFGC
Entity File Number	001-37578
Entity Tax Identification Number	43-1983182
Entity Address, Address Line One	12500 West Creek Parkway
Entity Address, City or Town	Richmond
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	23238
City Area Code	804
Local Phone Number	484-7700
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, $0.01 par value
Security Exchange Name	NYSE
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Current assets:
Cash	$ 101.5	$ 420.7
Accounts receivable, less allowances of $67.2 and $86.7	1,391.1	1,258.6
Inventories, net	1,541.8	1,549.4
Income taxes receivable	41.7	156.5
Prepaid expenses and other current assets	103	68.7
Total current assets	3,179.1	3,453.9
Goodwill	1,354.5	1,353
Other intangible assets, net	833.6	918.6
Property, plant and equipment, net	1,553.6	1,479
Operating lease right-of-use assets	451.1	441.2
Restricted cash	11.1	11.1
Other assets	66.8	62.9
Total assets	7,449.8	7,719.7
Current liabilities:
Outstanding checks in excess of deposits	110.1	110.4
Trade accounts payable	1,513.1	1,608
Accrued expenses and other current liabilities	565.5	678
Long-term debt - current installments		107.6
Finance lease obligations—current installments	45.3	30.3
Operating lease obligations—current installments	78	84.4
Total current liabilities	2,312	2,618.7
Long-term debt	2,149.1	2,249.3
Deferred income tax liability, net	120.6	115.6
Finance lease obligations, excluding current installments	246.3	185.7
Operating lease obligations, excluding current installments	386.8	362.4
Other long-term liabilities	177.3	177.4
Total liabilities	5,392.1	5,709.1
Commitments and contingencies (Note 10)
Shareholders’ equity:
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 132.3 million shares issued and outstanding as of March 27, 2021; 1.0 billion shares authorized, 131.3 million shares issued and outstanding as of June 27, 2020	1.3	1.3
Additional paid-in capital	1,736.7	1,703
Accumulated other comprehensive loss, net of tax benefit of $2.2 and $3.6	(6.2)	(10.3)
Retained earnings	325.9	316.6
Total shareholders’ equity	2,057.7	2,010.6
Total liabilities and shareholders’ equity	$ 7,449.8	$ 7,719.7

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Statement Of Financial Position [Abstract]
Accounts receivable, allowances	$ 67.2	$ 86.7
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	132,300,000	131,300,000
Common stock, shares outstanding	132,300,000	131,300,000
Accumulated other comprehensive loss, tax benefit	$ 2.2	$ 3.6

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020
Income Statement [Abstract]
Net sales	$ 7,202.5	$ 7,000.7	$ 21,094.5	$ 19,312.3
Cost of goods sold	6,369.8	6,193.2	18,635.2	17,082.2
Gross profit	832.7	807.5	2,459.3	2,230.1
Operating expenses	809.3	824.9	2,339.2	2,103.5
Operating profit (loss)	23.4	(17.4)	120.1	126.6
Other expense, net:
Interest expense	37.1	35.2	114	78.9
Other, net	(1.6)	7.9	(4.7)	7.7
Other expense, net	35.5	43.1	109.3	86.6
(Loss) income before taxes	(12.1)	(60.5)	10.8	40
Income tax (benefit) expense	(4.5)	(20.3)	1.5	2.9
Net (loss) income	$ (7.6)	$ (40.2)	$ 9.3	$ 37.1
Weighted-average common shares outstanding:
Basic	132.3	115.9	132	108.1
Diluted	132.3	115.9	133.2	109.5
(Loss) earnings per common share:
Basic	$ (0.06)	$ (0.35)	$ 0.07	$ 0.34
Diluted	$ (0.06)	$ (0.35)	$ 0.07	$ 0.34

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net (loss) income	$ (7.6)	$ (40.2)	$ 9.3	$ 37.1
Interest rate swaps:
Change in fair value, net of tax	2.2	(6.7)	2.1	(6.7)
Reclassification adjustment, net of tax	0.6	(0.4)	2	(1.2)
Other comprehensive income (loss)	2.8	(7.1)	4.1	(7.9)
Total comprehensive (loss) income	$ (4.8)	$ (47.3)	$ 13.4	$ 29.2

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Retained Earnings [Member]
Balance Beginning at Jun. 29, 2019	$ 1,298.2	$ 1	$ 866.7	$ (0.2)	$ 430.7
Balance Beginning, shares at Jun. 29, 2019		103.8
Net (loss) income	37.1				37.1
Interest rate swaps	(7.9)			(7.9)
Issuance of common stock under stock-based compensation plans	(3.2)		(3.2)
Issuance of common stock under stock-based compensation plans, shares		0.7
Issuance of common stock in secondary offering, net of underwriter discount and offering costs	490.6	$ 0.1	490.5
Issuance of common stock in secondary offering, net of underwriter discount and offering costs, shares		11.6
Stock-based compensation expense	13.4		13.4
Common stock repurchased	(5)		(5)
Common stock repurchased, shares		(0.3)
Balance Ending at Mar. 28, 2020	1,823.2	$ 1.1	1,362.4	(8.1)	467.8
Balance Ending, shares at Mar. 28, 2020		115.8
Balance Beginning at Dec. 28, 2019	1,378.5	$ 1	870.5	(1)	508
Balance Beginning, shares at Dec. 28, 2019		104.4
Net (loss) income	(40.2)				(40.2)
Interest rate swaps	(7.1)			(7.1)
Issuance of common stock under stock-based compensation plans	1.8		1.8
Issuance of common stock under stock-based compensation plans, shares		0.1
Issuance of common stock in secondary offering, net of underwriter discount and offering costs	490.6	$ 0.1	490.5
Issuance of common stock in secondary offering, net of underwriter discount and offering costs, shares		11.6
Stock-based compensation expense	4.6		4.6
Common stock repurchased	(5)		(5)
Common stock repurchased, shares		(0.3)
Balance Ending at Mar. 28, 2020	1,823.2	$ 1.1	1,362.4	(8.1)	467.8
Balance Ending, shares at Mar. 28, 2020		115.8
Balance Beginning at Jun. 27, 2020	$ 2,010.6	$ 1.3	1,703	(10.3)	316.6
Balance Beginning, shares at Jun. 27, 2020	131.3	131.3
Net (loss) income	$ 9.3				9.3
Interest rate swaps	4.1			4.1
Issuance of common stock under stock-based compensation plans, shares		0.6
Issuance of common stock under employee stock purchase plan	16.3		16.3
Issuance of common stock under employee stock purchase plan, shares		0.4
Stock-based compensation expense	17.4		17.4
Balance Ending at Mar. 27, 2021	$ 2,057.7	$ 1.3	1,736.7	(6.2)	325.9
Balance Ending, shares at Mar. 27, 2021	132.3	132.3
Balance Beginning at Dec. 26, 2020	$ 2,046.9	$ 1.3	1,721.1	(9)	333.5
Balance Beginning, shares at Dec. 26, 2020		132
Net (loss) income	(7.6)				(7.6)
Interest rate swaps	2.8			2.8
Issuance of common stock under stock-based compensation plans	1		1
Issuance of common stock under stock-based compensation plans, shares		0.2
Issuance of common stock under employee stock purchase plan	8.5		8.5
Issuance of common stock under employee stock purchase plan, shares		0.1
Stock-based compensation expense	6.1		6.1
Balance Ending at Mar. 27, 2021	$ 2,057.7	$ 1.3	$ 1,736.7	$ (6.2)	$ 325.9
Balance Ending, shares at Mar. 27, 2021	132.3	132.3

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Cash flows from operating activities:
Net income	$ 9.3	$ 37.1
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation	158.4	118.3
Amortization of intangible assets	88.7	67.5
Amortization of deferred financing costs	10.5	3.6
Provision for losses on accounts receivables	(7.9)	30.3
Stock compensation expense	19.3	14
Deferred income tax expense (benefit)	3.6	(4.8)
Other non-cash activities	2.6	28.4
Changes in operating assets and liabilities, net
Accounts receivable	(123.5)	192.9
Inventories	11.1	(160.7)
Income taxes receivable	114.8	(18.5)
Prepaid expenses and other assets	(31.9)	(8.7)
Trade accounts payable	(95.3)	7.7
Outstanding checks in excess of deposits	(0.3)	(305)
Accrued expenses and other liabilities	13.7	15.5
Net cash provided by operating activities	173.1	17.6
Cash flows from investing activities:
Purchases of property, plant and equipment	(118.9)	(101.1)
Net cash paid for acquisitions	(18.1)	(1,989)
Proceeds from sale of property, plant and equipment	6.6	0.8
Net cash used in investing activities	(130.4)	(2,089.3)
Cash flows from financing activities:
Net (payments) borrowings under ABL Facility	(103.8)	950.4
Borrowing of Notes due 2027		1,060
Payment of Additional Junior Term Loan	(110)
Cash paid for debt issuance, extinguishment and modifications	(0.1)	(37.5)
Net proceeds from issuance of common stock		490.6
Payments under finance lease obligations	(27.3)	(16.9)
Payments on financed property, plant and equipment	(0.6)	(1.7)
Cash paid for acquisitions	(136.4)	(7.2)
Proceeds from employee stock purchase plan	16.3
Proceeds from exercise of stock options	4.2	4.7
Cash paid for shares withheld to cover taxes	(4.2)	(7.9)
Repurchases of common stock		(5)
Net cash (used in) provided by financing activities	(361.9)	2,429.5
Net (decrease) increase in cash and restricted cash	(319.2)	357.8
Cash and restricted cash, beginning of period	431.8	25.4
Cash and restricted cash, end of period	112.6	383.2
Debt assumed through finance lease obligations	102.9	79.9
Purchases of property, plant and equipment, financed	0.3	1.6
Interest	81.2	47.5
Income tax (refunds) payments, net	$ (117.8)	$ 28.5

Reconciliation of Cash and Rest

Reconciliation of Cash and Restricted Cash - USD ($) $ in Millions		Mar. 27, 2021	Jun. 27, 2020
Supplemental Cash Flow Elements [Abstract]
Cash		$ 101.5	$ 420.7
Restricted cash	[1]	11.1	11.1
Total cash and restricted cash		$ 112.6	$ 431.8
[1]	Restricted cash represents the amounts required by insurers to collateralize a part of the deductibles for the Company’s workers’ compensation and liability claims.

Summary of Business Activities

Summary of Business Activities	9 Months Ended
	Mar. 27, 2021
Accounting Policies [Abstract]
Summary of Business Activities	1. Summary of Business Activities Business Overview Performance Food Group Company, through its subsidiaries, markets and distributes primarily national and company-branded food and food-related products to customer locations across the United States. The Company serves both of the major customer types in the restaurant industry: (i) independent customers, and (ii) multi-unit, or “Chain” customers, which include some of the most recognizable family and casual dining restaurant chains, as well as schools, business and industry locations, healthcare facilities, and retail establishments. The Company also specializes in distributing candy, snacks, beverages, cigarettes, other tobacco products, and other items nationally to vending distributors, big box retailers, theaters, convenience stores, travel providers, and hospitality providers. The Company’s fiscal year ends on the Saturday nearest to June 30th. This will result in a 53-week year for fiscal 2021 compared to a 52-week year for fiscal 2020. References to “fiscal 2021” are to the 53-week period ended July 3, 2021 and references to “fiscal 2020” are to the 52-week period ended June 27, 2020.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Estimates	9 Months Ended
	Mar. 27, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and Estimates	2. Summary of Significant Accounting Policies and Estimates Basis of Presentation The consolidated financial statements have been prepared by the Company, without audit, with the exception of the June 27, 2020 consolidated balance sheet, which was derived from the audited consolidated financial statements included in the Form 10-K. The financial statements include consolidated balance sheets, consolidated statements of operations, consolidated statements of comprehensive income, consolidated statements of shareholders’ equity, and consolidated statements of cash flows. In the opinion of management, all adjustments, which consist of normal recurring adjustments, except as otherwise disclosed, necessary to present fairly the financial position, results of operations, comprehensive income, shareholders’ equity, and cash flows for all periods presented have been made. The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The most significant estimates used by management are related to the accounting for the allowance for doubtful accounts, reserve for inventories, impairment testing of goodwill and other intangible assets, acquisition accounting, reserves for claims and recoveries under insurance programs, vendor rebates and other promotional incentives, bonus accruals, depreciation, amortization, determination of useful lives of tangible and intangible assets, leases, and income taxes. Actual results could differ from these estimates. The results of operations are not necessarily indicative of the results to be expected for the full fiscal year. Therefore, these financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Form 10-K. Certain footnote disclosures included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to applicable rules and regulations for interim financial statements. Risks and Uncertainties The Company is subject to risks and uncertainties as a result of COVID-19. The unprecedented impact of COVID-19 has grown throughout the world, including in the United States, and governmental authorities and businesses have implemented numerous measures attempting to contain and mitigate the effects of the virus, including travel bans and restrictions, quarantines, shelter in place orders, shutdowns, and social distancing requirements. These measures have adversely affected and may further adversely affect the Company’s operations and the operations of its customers and suppliers. In markets where governments have imposed restrictions on travel outside of the home, or where customers are practicing social distancing, many of our customers, including restaurants, schools, hotels, movie theaters, and business and industry locations, have reduced or discontinued operations, which has adversely affected demand for our products and services. Even as governmental restrictions are eased and economies gradually, partially, or fully reopen in certain states and markets, the ongoing economic impacts and health concerns associated with the pandemic may continue to affect consumer behavior and spending in the channels we serve. The extent to which these changes will affect our future financial position, liquidity, and results of operations remains uncertain. Accounts Receivable Accounts receivable are comprised of trade receivables from customers in the ordinary course of business, are recorded at the invoiced amount, and primarily do not bear interest. Accounts receivable also includes other receivables primarily related to various rebate and promotional incentives with the Company’s suppliers. Receivables are recorded net of the allowance for credit losses on the accompanying consolidated balance sheets. The Company evaluates the collectability of its accounts receivable based on a combination of factors. The Company regularly analyzes its significant customer accounts, and when it becomes aware of a specific customer’s inability to meet its financial obligations to the Company, such as bankruptcy filings or deterioration in the customer’s operating results or financial position, the Company records a specific reserve for bad debt to reduce the related receivable to the amount it reasonably believes is collectible. The Company also records reserves for bad debt for other customers based on a variety of factors, including the length of time the receivables are past due, macroeconomic considerations, and historical experience. If circumstances related to specific customers change, the Company’s estimates of the recoverability of receivables could be further adjusted. Refer to Note 3. Recently Issued Accounting Pronouncements for further discussion of the Company’s adoption of Accounting Standards Update (“ASU”) 2016-13.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Mar. 27, 2021
Accounting Changes And Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	3. Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . In August 2018, the FASB issued ASU 2018-15 Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU 2019-1 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

Revenue Recognition

Revenue Recognition	9 Months Ended
	Mar. 27, 2021
Revenue From Contract With Customer [Abstract]
Revenue Recognition	4. Revenue Recognition The Company markets and distributes primarily national and company-branded food and food-related products to customer locations across the United States. The Foodservice segment supplies a “broad line” of products to its customers, including the Company’s performance brands and custom-cut meats and seafood, as well as products that are specific to each customer’s menu requirements. Vistar distributes candy, snacks, beverages, cigarettes, other tobacco products, and other products to various customer channels. The Company disaggregates revenue by product offerings and determined that disaggregating revenue at the segment level achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. Refer to Note 1 3 . Segment Information for external revenue by reportable segment. The Company has customer contracts in which incentives are paid upfront to certain customers. These payments have become industry practice and are not related to financing the customer’s business, nor are they associated with any distinct good or service to be received from the customer. These incentive payments are capitalized and amortized over the life of the contract or the expected life of the customer relationship on a straight-line basis. The Company’s contract asset for these incentives totaled $19.8 million and $15.3 million as of March 27, 2021 and June 27, 2020, respectively.

Business Combinations

Business Combinations	9 Months Ended
	Mar. 27, 2021
Business Combinations [Abstract]
Business Combinations	5 . Business Combinations During the first nine months of fiscal 2021, the Company paid cash of $18.1 million for two acquisitions and during the first nine months of fiscal 2020, the Company paid $2.0 billion for one acquisition. The current year acquisitions did not materially affect the Company’s results of operations. The acquisition of Eby-Brown Company LLC (“Eby-Brown”) in fiscal 2019 included contingent consideration, including earnout payments in the event certain operating results are achieved during a defined post-closing period. As of June 27, 2020, the Company had accrued $191.2 million related to this contingent consideration. In the first quarter of fiscal 2021, the Company paid the first earnout payment of $185.6 million, which included $68.3 million as a financing activity cash outflow and $117.3 million as an operating activity cash outflow in the consolidated statement of cash flows for the nine months ended March 27, 2021. As of March 27, 2021, the Company has accrued $6.4 million related to additional earnout payments. Earnout liabilities are measured using unobservable inputs that are considered a Level 3 measurement. In fiscal 2020 , the Company acquired Reinhart and the assets acquired and liabilities assumed were recognized at their respective fair values as of the acquisition date. In the first quarter of fiscal 2021, the Company paid a total of $67.3 million related to the final net working capital acquired, which is reflected as a financing activity cash outflow in the consolidated statement of cash flows for the nine months ended March 27, 2021. The net sales and net loss related to Reinhart recorded in the consolidated statements of operations since the date of acquisition through March 28, 2020 were $1,355.1 million and $29.1 million, respectively. The following table summarizes the unaudited pro-forma consolidated financial information of the Company as if the acquisition had occurred on July 1, 2018: Nine Months Ended (in millions) March 28, 2020 Net Sales $ 22,443.7 Net Income 26.3 The recurring pro-forma adjustments include estimates of interest expense for the Notes due 2027 and estimates of depreciation and amortization associated with fair value adjustments for property, plant and equipment and intangible assets acquired. These unaudited pro-forma results do not necessarily represent financial results that would have been achieved had the acquisition actually occurred on June 28, 2019 or future consolidated results of operations of the Company .

Debt

Debt	9 Months Ended
	Mar. 27, 2021
Debt Disclosure [Abstract]
Debt	6 . Debt The Company is a holding company and conducts its operations through its subsidiaries, which have incurred or guaranteed indebtedness as described below. Debt consisted of the following: (In millions) As of March 27, 2021 As of June 27, 2020 ABL Facility $ 496.2 $ 710.0 5.500% Notes due 2024 350.0 350.0 6.875% Notes due 2025 275.0 275.0 5.500% Notes due 2027 1,060.0 1,060.0 Less: Original issue discount and deferred financing costs (32.1 ) (38.1 ) Long-term debt 2,149.1 2,356.9 Less: current installments - (107.6 ) Total debt, excluding current installments $ 2,149.1 $ 2,249.3 ABL Facility PFGC, Inc. (“PFGC”), a wholly-owned subsidiary of the Company, is a party to the Fourth Amended and Restated Credit Agreement dated December 31, 2019 (as amended by the First Amendment to Fourth Amended and Restated Credit Agreement dated as of April 29, 2020 and the Second Amendment to Fourth Amended and Restated Credit Agreement dated as of May 15, 2020, the “ABL Facility”). The ABL Facility has an aggregate principal amount of $3.0 billion and matures December 30, 2024. The incremental $110 million, 364-day maturity loan that was junior to the other obligations owed under the ABL Facility (“Additional Junior Term Loan”) was paid off early and in full on February 5, 2021. Performance Food Group, Inc., a wholly-owned subsidiary of PFGC, is the lead borrower under the ABL Facility, which is jointly and severally guaranteed by, and secured by the majority of the assets of, PFGC and all material domestic direct and indirect wholly-owned subsidiaries of PFGC (other than captive insurance subsidiaries and other excluded subsidiaries). Borrowings under the ABL Facility bear interest, at Performance Food Group, Inc.’s option, at (a) the Base Rate (defined as the greater of (i) the Federal Funds Rate in effect on such date plus 0.5%, (ii) the Prime Rate on such day, or (iii) one month LIBOR plus 1.0%) plus a spread or (b) LIBOR plus a spread. The ABL Facility also provides for an unused commitment fee rate of 0.25% The following table summarizes outstanding borrowings, availability, and the average interest rate under the ABL Facility: (Dollars in millions) As of March 27, 2021 As of June 27, 2020 Aggregate borrowings $ 496.2 $ 710.0 Letters of credit under ABL Facility 161.8 139.6 Excess availability, net of lenders’ reserves of $56.0 and $64.9 2,003.1 1,712.2 Average interest rate 1.56 % 2.85 %

Leases

Leases	9 Months Ended
	Mar. 27, 2021
Leases [Abstract]
Leases	7. Leases The Company determines if an arrangement is a lease at inception and recognizes a financing or operating lease liability and right-of-use asset in the Company’s consolidated balance sheet. Right-of-use assets and lease liabilities for both operating and finance leases are recognized based on present value of lease payments over the lease term at commencement date. Since the Company’s leases do not provide an implicit rate, the Company uses the incremental borrowing rate based on the information available at commencement date to determine the present value of lease payments. This rate was determined by using the yield curve based on the Company’s credit rating adjusted for the Company’s specific debt profile and secured debt risk. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The lease expenses for these short-term leases are recognized on a straight-line basis over the lease term. The Company has several lease agreements that contain lease and non-lease components, such as maintenance, taxes, and insurance, which are accounted for separately. The difference between the operating lease right-of-use assets and operating lease liabilities primarily relates to adjustments for deferred rent, favorable leases, and prepaid rent. Subsidiaries of the Company have entered into numerous operating and finance leases for various warehouses, office facilities, equipment, tractors, and trailers. 1 year 20 years 10 years Certain of the leases for tractors, trailers, and other vehicles and equipment provide for residual value guarantees to the lessors. Circumstances that would require the subsidiary to perform under the guarantees include either (1) default on the leases with the leased assets being sold for less than the specified residual values in the lease agreements, or (2) decisions not to purchase the assets at the end of the lease terms combined with the sale of the assets, with sales proceeds less than the residual value of the leased assets specified in the lease agreements. Residual value guarantees under these operating lease agreements typically range between 6% and 16% of the value of the leased assets at inception of the lease. These leases have original terms ranging from 5 to 7 years and are set to expire at various dates through 2027. As of March 27, 2021, the undiscounted maximum amount of potential future payments for lease residual value guarantees totaled approximately $20.6 million, which would be mitigated by the fair value of the leased assets at lease expiration. The following table presents the location of lease costs in the Company consolidated statement of operations for the three and nine months ended March 27, 2021 and March 28, 2020 (in millions): Three Months Ended Nine Months Ended Lease Cost Statement of Operations Location March 27, 2021 March 28, 2020 March 27, 2021 March 28, 2020 Finance lease cost: Amortization of finance lease assets Operating expenses $ 10.0 $ 6.7 $ 25.8 $ 17.2 Interest on lease liabilities Interest expense 3.3 2.7 9.3 7.6 Total finance lease cost $ 13.3 $ 9.4 $ 35.1 $ 24.8 Operating lease cost Operating expenses 25.8 28.9 81.1 83.7 Short-term lease cost Operating expenses 5.9 6.6 14.9 18.1 Total lease cost $ 45.0 $ 44.9 $ 131.1 $ 126.6 Supplemental cash flow information related to leases for the periods reported is as follows (in millions): (In millions) Nine Months Ended March 27, 2021 Nine Months Ended March 28, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 75.6 $ 81.1 Operating cash flows from finance leases 9.3 7.6 Financing cash flows from finance leases 27.3 16.9 Right-of-use assets obtained in exchange for lease obligations: Operating leases 81.9 49.6 Finance leases 102.9 26.8 Future minimum lease payments under non-cancelable leases as of March 27, 2021 are as follows (in millions): Fiscal Year Operating Leases Finance Leases Remainder of 2021 $ 25.7 $ 13.9 2022 94.3 57.6 2023 80.3 54.0 2024 61.8 53.1 2025 47.6 48.9 Thereafter 262.9 111.0 Total future minimum lease payments $ 572.6 $ 338.5 Less: Interest 107.8 46.9 Present value of future minimum lease payments $ 464.8 $ 291.6 As of March 27, 2021, the Company has additional operating leases that have not yet commenced which total $14.8 million in future minimum lease payments. These leases relate primarily to warehouse leases and are expected to commence in the fourth quarter of fiscal 2021 and first quarter of fiscal 2022 with lease terms of 5 to 15 years.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Mar. 27, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	8 . Fair Value of Financial Instruments The carrying values of cash, accounts receivable, outstanding checks in excess of deposits, trade accounts payable, and accrued expenses approximate their fair values because of the relatively short maturities of those instruments. The derivative assets and liabilities are recorded at fair value on the balance sheet. The fair value of long-term debt, which has a carrying value of $2,149.1 million and $2,356.9 million, is $2,248.4 million and $2,402.0 million at March 27, 2021 and June 27, 2020, respectively, and is determined by reviewing current market pricing related to comparable debt issued at the time of the balance sheet date, and is considered a Level 2 measurement.

Income Taxes

Income Taxes	9 Months Ended
	Mar. 27, 2021
Income Tax Disclosure [Abstract]
Income Taxes	9 . Income Taxes The determination of the Company’s overall effective tax rate requires significant judgment, the use of estimates, and the interpretation and application of complex tax laws. The effective tax rate reflects the income earned and taxed in various United States federal and state jurisdictions. Tax law changes, increases and decreases in temporary and permanent differences between book and tax items, tax credits, and the Company’s change in income in each jurisdiction all affect the overall effective tax rate. It is the Company’s practice to recognize interest and penalties related to uncertain tax positions in income tax expense. The Company’s effective tax rate was 37.1% for the three months ended March 27, 2021 and 33.6% for the three months ended March 28, 2020. The Company’s effective tax rate was 14.2% for the nine months ended March 27, 2021 and 7.3% for the nine months ended March 28, 2020. The effective tax rate varies from the 21% statutory rate primarily due to state taxes, federal credits and other permanent items compared to book income. The effective tax rates for periods ended March 27, 2021 differed from the prior year periods due to the increase of state taxes and non-deductible expenses as a percentage of book income. Book income for the nine months ended March 27, 2021 was significantly lower than the nine months ended March 28, 2020. The excess tax benefit of exercised and vested stock awards is treated as a discrete item. As of March 27, 2021 and June 27, 2020, the Company had net deferred tax assets of $182.8 million and $186.2 million, respectively, and deferred tax liabilities of $303.4 million and $301.8 million, respectively. As of June 27, 2020, the Company had established a valuation allowance of $0.7 million, net of federal benefit, against deferred tax assets related to certain net operating losses which are not likely to be realized due to limitations on utilization. There was no change in the valuation allowance as of March 27, 2021. The Company believes that it is more likely than not that the remaining deferred tax assets will be realized. The Company records a liability for Uncertain Tax Positions in accordance with FASB ASC 740-10-25, Income Taxes – General – Recognition

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Mar. 27, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	10 . Commitments and Contingencies Purchase Obligations The Company had outstanding contracts and purchase orders for capital projects and services totaling $63.1 million at March 27, 2021. Amounts due under these contracts were not included on the Company’s consolidated balance sheet as of March 27, 2021. Guarantees The Company from time to time enters into certain types of contracts that contingently require it to indemnify various parties against claims from third parties. These contracts primarily relate to: (i) certain real estate leases under which subsidiaries of the Company may be required to indemnify property owners for environmental and other liabilities and other claims arising from their use of the applicable premises; (ii) certain agreements with the Company’s officers, directors, and employees under which the Company may be required to indemnify such persons for liabilities arising out of their employment relationship; and (iii) customer agreements under which the Company may be required to indemnify customers for certain claims brought against them with respect to the supplied products. Generally, a maximum obligation under these contracts is not explicitly stated. Because the obligated amounts associated with these types of agreements are not explicitly stated, the overall maximum amount of the obligation cannot be reasonably estimated. Historically, the Company has not been required to make payments under these obligations and, therefore, no liabilities have been recorded for these obligations in the Company’s consolidated balance sheets. Litigation The Company is engaged in various legal proceedings that have arisen but have not been fully adjudicated. The likelihood of loss arising from these legal proceedings, based on definitions within contingency accounting literature, ranges from remote to reasonably possible to probable. When losses are probable and reasonably estimable, they have been accrued. Based on estimates of the range of potential losses associated with these matters, management does not believe that the ultimate resolution of these proceedings, either individually or in the aggregate, 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, and the associated realized losses were to exceed the Company’s current estimates of the range of potential losses, the Company’s consolidated financial position or results of operations could be materially adversely affected in future periods. JUUL Labs, Inc. Marketing Sales Practices, and Products Liability Litigation. In October 2019, a Multidistrict Litigation action (“MDL”) was initiated in order to centralize litigation against JUUL Labs, Inc. (“JUUL”) and other parties in connection with JUUL’s e - c igarettes and related devices and components in the United States District Court for the Northern District of California. On March 11, 2020, counsel for p laintiffs and the Plaintiffs’ Steering Committee filed a Master Complaint in the MDL naming, among several other entities and individuals including JUUL, Altria Group, Inc., Philip Morris USA, Inc., Altria Client Services LLC, Altria Group Distribution Company, Altria Enterprises LLC, certain members of management and/or individual investors in JUUL, various e-liquid manufacturers, and various retailers, including the Company’s subsidiary Eby-Brown , as a defendant. The Master Complaint also named additional distributors of JUUL products (collectively with Eby-Brown the “Distributor Defendants”). The Master Complaint contains various state law claims and alleges that the Distributor Defendants: (1) failed to disclose JUUL’s nicotine contents or the risks associated; (2) pushed a product designed for a youth market; (3) engaged with JUUL in planning and marketing its product in a manner designed to maximize the flow of JUUL products; (4) met with JUUL management in San Francisco, California to further these business dealings; and (5) received incentives and business development funds for marketing and efficient sales. Individual plaintiffs may also file separate and abbreviated Short Form Complaints (“SFC”) that incorporate the allegations in the Master Complaint. JUUL and Eby-Brown are parties to a Domestic Wholesale Distribution Agreement dated March 10, 2020, and JUUL has agreed to defend and indemnify Eby-Brown under the terms of that agreement and is paying Eby-Brown’s outside counsel fees directly. On May 29, 2020, JUUL filed a motion to dismiss on the basis that the alleged state law claims are preempted by federal law and a motion to stay/dismiss the litigation based on the Food and Drug Administration’s (“FDA”) primary jurisdiction to regulate e-cigarette and related vaping products and pending FDA review of JUUL’s Pre-Market Tobacco Application (“PMTA”). On June 29, 2020, Eby-Brown, along with the other Distributor Defendants, filed similar motions incorporating JUUL’s arguments The court has also entered an order governing the selection of bellwether plaintiffs and setting key discovery and other deadlines in the litigation. Bellwether trials are test cases generally intended to try a contested issue common to several plaintiffs in mass tort litigation. The results of these proceedings are used to shape the litigation process for the remaining cases and to aid the parties in assessing potential settlement values of the remaining claims. Here, the court authorized a pool of twenty-four bellwether plaintiffs, with plaintiffs selecting six cases, the combined defendants selecting six cases, and the court selecting twelve cases at random. The court and the parties have completed the bellwether selection process, and the first of four bellwether trials has been set for February 22, 2022 with the remaining three trials set for the second and third calendar quarters of 2022. Eby-Brown has been dismissed from each of the bellwether cases and will not be a party or participant to those trials. Eby-Brown, the other distributors, and the retailers do, however, remain named defendants in various SFCs filed by plaintiffs in various jurisdictions. The litigation of those claims is not scheduled to occur until after the bellwether trials conclude. On September 3, 2020, the Cherokee Nation filed a parallel lawsuit in Oklahoma state court against several entities including JUUL, e-liquid manufacturers, various retailers, and various distributors, including the Company’s subsidiary, Eby-Brown, alleging similar claims to the claims at issue in the MDL (the “Oklahoma Litigation”). The defendants in the Oklahoma Litigation attempted to transfer the case into the MDL, but a federal court in Oklahoma remanded the case to Oklahoma state court before the Judicial Panel on Multidistrict Litigation effectuated the transfer of the MDL, which means the Oklahoma Litigation is no longer eligible for transfer to the MDL. The indemnity JUUL has provided to Eby-Brown also applies to the Oklahoma Litigation. On March 29, 2021, the Cherokee Nation dismissed Eby-Brown from the Oklahoma Litigation. At this time, the Company is unable to predict whether FDA will approve JUUL’s PMTA, nor is the Company able to estimate any potential loss or range of loss in the event of an adverse finding against it in the MDL or any subsequent litigation which may occur related to the individual SFCs. The Company will continue to vigorously defend itself. Tax Liabilities The Company is subject to customary audits by authorities in the jurisdictions where it conducts business in the United States, which may result in assessments of additional taxes.

Related-Party Transactions

Related-Party Transactions	9 Months Ended
	Mar. 27, 2021
Related Party Transactions [Abstract]
Related-Party Transactions	1 1 . Related-Party Transactions The Company participates in and has an equity method investment in a purchasing alliance that was formed to obtain better pricing, to expand product options, to reduce internal costs, and to achieve greater inventory turnover. The Company’s investment in the purchasing alliance was $5.0 million as of March 27, 2021 and $3.5 million as of June 27, 2020. For the three-month periods ended March 27, 2021 and March 28, 2020, the Company recorded purchases of $296.5 million and $234.8 million, respectively, through the purchasing alliance. During the nine-month periods ended March 27, 2021 and March 28, 2020, the Company recorded purchases of $804.6 million and $733.2 million, respectively, through the purchasing alliance.

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Mar. 27, 2021
Earnings Per Share [Abstract]
Earnings Per Common Share	1 2 . Earnings Per Common Share Basic earnings per common share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share is calculated using the weighted-average number of common shares and dilutive potential common shares outstanding during the period. The Company’s potential common shares include outstanding stock-based compensation awards and expected issuable shares under the employee stock purchase plan. In computing diluted earnings per share, the average closing stock price for the period is used in determining the number of shares assumed to be purchased with the assumed proceeds under the treasury stock method. For the three months ended March 27, 2021 and March 28, 2020, diluted loss per common share is the same as basic loss per common share because the inclusion of potential common shares is antidilutive. Potential common shares of 0.2 million and 0.1 million for the nine months ended March 27, 2021 and March 28, 2020, respectively, were not included in computing diluted earnings per common share because the effect would have been antidilutive. A reconciliation of the numerators and denominators for the basic and diluted earnings per common share computations is as follows: (In millions, except per share amounts) Three Months Ended March 27, 2021 Three Months Ended March 28, 2020 Nine Months Ended March 27, 2021 Nine Months Ended March 28, 2020 Numerator: Net (loss) income $ (7.6 ) $ (40.2 ) $ 9.3 $ 37.1 Denominator: Weighted-average common shares outstanding 132.3 115.9 132.0 108.1 Dilutive effect of potential common shares - - 1.2 1.4 Weighted-average dilutive shares outstanding 132.3 115.9 133.2 109.5 Basic (loss) earnings per common share $ (0.06 ) $ (0.35 ) $ 0.07 $ 0.34 Diluted (loss) earnings per common share $ (0.06 ) $ (0.35 ) $ 0.07 $ 0.34

Segment Information

Segment Information	9 Months Ended
	Mar. 27, 2021
Segment Reporting [Abstract]
Segment Information	13. Segment Information The Company has two reportable segments: Foodservice and Vistar. The Foodservice segment markets and distributes food and food-related products to independent restaurants, Chain restaurants, and other institutional “food-away-from-home” locations. Foodservice offers a “broad line” of products, including custom-cut meat and seafood, as well as products that are specific to our customer’s menu requirements. The Vistar segment distributes candy, snacks, beverages, cigarettes, other tobacco products, and other products to customers in the vending, office coffee services, theater, retail, hospitality, convenience store, and other channels. Intersegment sales represent sales between the segments, which are eliminated in consolidation. Management evaluates the performance of each operating segment based on various operating and financial metrics, including total sales and EBITDA. Corporate & All Other is comprised of corporate overhead and certain operations that are not considered separate reportable segments based on their size. This includes the operations of the Company’s internal logistics unit responsible for managing and allocating inbound logistics revenue and expense. Corporate & All Other may also include capital expenditures for certain information technology projects that are transferred to the segments once placed in service. (In millions) Foodservice Vistar Corporate & All Other Eliminations Consolidated For the three months ended March 27, 2021 Net external sales $ 5,184.2 $ 2,011.9 $ 6.4 $ — $ 7,202.5 Inter-segment sales 2.3 0.4 90.5 (93.2 ) — Total sales 5,186.5 2,012.3 96.9 (93.2 ) 7,202.5 Depreciation and amortization 57.9 16.6 6.3 — 80.8 Capital expenditures 29.9 9.4 (3.4 ) — 35.9 For the three months ended March 28, 2020 Net external sales $ 4,946.6 $ 2,048.5 $ 5.6 $ — $ 7,000.7 Inter-segment sales 3.3 0.7 101.5 (105.5 ) — Total sales 4,949.9 2,049.2 107.1 (105.5 ) 7,000.7 Depreciation and amortization 79.9 13.1 6.3 — 99.3 Capital expenditures 21.5 23.2 7.4 — 52.1 (In millions) Foodservice Vistar Corporate & All Other Eliminations Consolidated For the nine months ended March 27, 2021 Net external sales $ 15,104.6 $ 5,971.8 $ 18.1 $ — $ 21,094.5 Inter-segment sales 5.7 1.6 275.1 (282.4 ) — Total sales 15,110.3 5,973.4 293.2 (282.4 ) 21,094.5 Depreciation and amortization 182.4 42.6 22.1 — 247.1 Capital expenditures 49.9 64.2 4.8 — 118.9 For the nine months ended March 28, 2020 Net external sales $ 12,717.5 $ 6,577.6 $ 17.2 $ — $ 19,312.3 Inter-segment sales 10.7 1.9 248.5 (261.1 ) — Total sales 12,728.2 6,579.5 265.7 (261.1 ) 19,312.3 Depreciation and amortization 130.3 36.2 19.3 — 185.8 Capital expenditures 37.8 44.7 18.6 — 101.1 EBITDA for each reportable segment and Corporate & All Other is presented below along with a reconciliation to consolidated income before taxes. Three Months Ended Nine Months Ended March 27, 2021 March 28, 2020 March 27, 2021 March 28, 2020 Foodservice EBITDA $ 138.3 $ 91.7 $ 449.8 $ 309.3 Vistar EBITDA 16.8 40.7 67.2 148.8 Corporate & All Other EBITDA (49.3 ) (58.4 ) (145.1 ) (153.4 ) Depreciation and amortization (80.8 ) (99.3 ) (247.1 ) (185.8 ) Interest expense (37.1 ) (35.2 ) (114.0 ) (78.9 ) (Loss) income before taxes $ (12.1 ) $ (60.5 ) $ 10.8 $ 40.0 Total assets by reportable segment, excluding intercompany receivables between segments, are as follows: (In millions) As of March 27, 2021 As of June 27, 2020 Foodservice $ 5,488.7 $ 5,529.1 Vistar 1,589.3 1,385.4 Corporate & All Other 371.8 805.2 Total assets $ 7,449.8 $ 7,719.7

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Estimates (Policies)	9 Months Ended
	Mar. 27, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements have been prepared by the Company, without audit, with the exception of the June 27, 2020 consolidated balance sheet, which was derived from the audited consolidated financial statements included in the Form 10-K. The financial statements include consolidated balance sheets, consolidated statements of operations, consolidated statements of comprehensive income, consolidated statements of shareholders’ equity, and consolidated statements of cash flows. In the opinion of management, all adjustments, which consist of normal recurring adjustments, except as otherwise disclosed, necessary to present fairly the financial position, results of operations, comprehensive income, shareholders’ equity, and cash flows for all periods presented have been made. The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The most significant estimates used by management are related to the accounting for the allowance for doubtful accounts, reserve for inventories, impairment testing of goodwill and other intangible assets, acquisition accounting, reserves for claims and recoveries under insurance programs, vendor rebates and other promotional incentives, bonus accruals, depreciation, amortization, determination of useful lives of tangible and intangible assets, leases, and income taxes. Actual results could differ from these estimates. The results of operations are not necessarily indicative of the results to be expected for the full fiscal year. Therefore, these financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Form 10-K. Certain footnote disclosures included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to applicable rules and regulations for interim financial statements.
Risk and Uncertainties	Risks and Uncertainties The Company is subject to risks and uncertainties as a result of COVID-19. The unprecedented impact of COVID-19 has grown throughout the world, including in the United States, and governmental authorities and businesses have implemented numerous measures attempting to contain and mitigate the effects of the virus, including travel bans and restrictions, quarantines, shelter in place orders, shutdowns, and social distancing requirements. These measures have adversely affected and may further adversely affect the Company’s operations and the operations of its customers and suppliers. In markets where governments have imposed restrictions on travel outside of the home, or where customers are practicing social distancing, many of our customers, including restaurants, schools, hotels, movie theaters, and business and industry locations, have reduced or discontinued operations, which has adversely affected demand for our products and services. Even as governmental restrictions are eased and economies gradually, partially, or fully reopen in certain states and markets, the ongoing economic impacts and health concerns associated with the pandemic may continue to affect consumer behavior and spending in the channels we serve. The extent to which these changes will affect our future financial position, liquidity, and results of operations remains uncertain.
Accounts Receivable	Accounts Receivable Accounts receivable are comprised of trade receivables from customers in the ordinary course of business, are recorded at the invoiced amount, and primarily do not bear interest. Accounts receivable also includes other receivables primarily related to various rebate and promotional incentives with the Company’s suppliers. Receivables are recorded net of the allowance for credit losses on the accompanying consolidated balance sheets. The Company evaluates the collectability of its accounts receivable based on a combination of factors. The Company regularly analyzes its significant customer accounts, and when it becomes aware of a specific customer’s inability to meet its financial obligations to the Company, such as bankruptcy filings or deterioration in the customer’s operating results or financial position, the Company records a specific reserve for bad debt to reduce the related receivable to the amount it reasonably believes is collectible. The Company also records reserves for bad debt for other customers based on a variety of factors, including the length of time the receivables are past due, macroeconomic considerations, and historical experience. If circumstances related to specific customers change, the Company’s estimates of the recoverability of receivables could be further adjusted. Refer to Note 3. Recently Issued Accounting Pronouncements for further discussion of the Company’s adoption of Accounting Standards Update (“ASU”) 2016-13.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . In August 2018, the FASB issued ASU 2018-15 Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU 2019-1 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes
Revenue Recognition	4. Revenue Recognition The Company markets and distributes primarily national and company-branded food and food-related products to customer locations across the United States. The Foodservice segment supplies a “broad line” of products to its customers, including the Company’s performance brands and custom-cut meats and seafood, as well as products that are specific to each customer’s menu requirements. Vistar distributes candy, snacks, beverages, cigarettes, other tobacco products, and other products to various customer channels. The Company disaggregates revenue by product offerings and determined that disaggregating revenue at the segment level achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. Refer to Note 1 3 . Segment Information for external revenue by reportable segment. The Company has customer contracts in which incentives are paid upfront to certain customers. These payments have become industry practice and are not related to financing the customer’s business, nor are they associated with any distinct good or service to be received from the customer. These incentive payments are capitalized and amortized over the life of the contract or the expected life of the customer relationship on a straight-line basis. The Company’s contract asset for these incentives totaled $19.8 million and $15.3 million as of March 27, 2021 and June 27, 2020, respectively.

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Mar. 27, 2021
Business Combinations [Abstract]
Summary of Unaudited Pro-Forma Consolidated Financial Information	The following table summarizes the unaudited pro-forma consolidated financial information of the Company as if the acquisition had occurred on July 1, 2018: Nine Months Ended (in millions) March 28, 2020 Net Sales $ 22,443.7 Net Income 26.3

Debt (Tables)

Debt (Tables)	9 Months Ended
	Mar. 27, 2021
Schedule of Debt	Debt consisted of the following: (In millions) As of March 27, 2021 As of June 27, 2020 ABL Facility $ 496.2 $ 710.0 5.500% Notes due 2024 350.0 350.0 6.875% Notes due 2025 275.0 275.0 5.500% Notes due 2027 1,060.0 1,060.0 Less: Original issue discount and deferred financing costs (32.1 ) (38.1 ) Long-term debt 2,149.1 2,356.9 Less: current installments - (107.6 ) Total debt, excluding current installments $ 2,149.1 $ 2,249.3
ABL Facility [Member]
Summary of Outstanding Borrowings, Availability, and Average Interest Rate under ABL Facility	The following table summarizes outstanding borrowings, availability, and the average interest rate under the ABL Facility: (Dollars in millions) As of March 27, 2021 As of June 27, 2020 Aggregate borrowings $ 496.2 $ 710.0 Letters of credit under ABL Facility 161.8 139.6 Excess availability, net of lenders’ reserves of $56.0 and $64.9 2,003.1 1,712.2 Average interest rate 1.56 % 2.85 %

Leases (Tables)

Leases (Tables)	9 Months Ended
	Mar. 27, 2021
Leases [Abstract]
Summary of Location of Lease Costs in Consolidated Statement of Operations	The following table presents the location of lease costs in the Company consolidated statement of operations for the three and nine months ended March 27, 2021 and March 28, 2020 (in millions): Three Months Ended Nine Months Ended Lease Cost Statement of Operations Location March 27, 2021 March 28, 2020 March 27, 2021 March 28, 2020 Finance lease cost: Amortization of finance lease assets Operating expenses $ 10.0 $ 6.7 $ 25.8 $ 17.2 Interest on lease liabilities Interest expense 3.3 2.7 9.3 7.6 Total finance lease cost $ 13.3 $ 9.4 $ 35.1 $ 24.8 Operating lease cost Operating expenses 25.8 28.9 81.1 83.7 Short-term lease cost Operating expenses 5.9 6.6 14.9 18.1 Total lease cost $ 45.0 $ 44.9 $ 131.1 $ 126.6
Summary of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases for the periods reported is as follows (in millions): (In millions) Nine Months Ended March 27, 2021 Nine Months Ended March 28, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 75.6 $ 81.1 Operating cash flows from finance leases 9.3 7.6 Financing cash flows from finance leases 27.3 16.9 Right-of-use assets obtained in exchange for lease obligations: Operating leases 81.9 49.6 Finance leases 102.9 26.8
Summary of Future Minimum Lease Payments Under Non-Cancelable Leases	Future minimum lease payments under non-cancelable leases as of March 27, 2021 are as follows (in millions): Fiscal Year Operating Leases Finance Leases Remainder of 2021 $ 25.7 $ 13.9 2022 94.3 57.6 2023 80.3 54.0 2024 61.8 53.1 2025 47.6 48.9 Thereafter 262.9 111.0 Total future minimum lease payments $ 572.6 $ 338.5 Less: Interest 107.8 46.9 Present value of future minimum lease payments $ 464.8 $ 291.6

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Mar. 27, 2021
Earnings Per Share [Abstract]
Schedule of Reconciliation of Numerators and Denominators for Basic and Diluted Earnings Per Common Share Computations	A reconciliation of the numerators and denominators for the basic and diluted earnings per common share computations is as follows: (In millions, except per share amounts) Three Months Ended March 27, 2021 Three Months Ended March 28, 2020 Nine Months Ended March 27, 2021 Nine Months Ended March 28, 2020 Numerator: Net (loss) income $ (7.6 ) $ (40.2 ) $ 9.3 $ 37.1 Denominator: Weighted-average common shares outstanding 132.3 115.9 132.0 108.1 Dilutive effect of potential common shares - - 1.2 1.4 Weighted-average dilutive shares outstanding 132.3 115.9 133.2 109.5 Basic (loss) earnings per common share $ (0.06 ) $ (0.35 ) $ 0.07 $ 0.34 Diluted (loss) earnings per common share $ (0.06 ) $ (0.35 ) $ 0.07 $ 0.34

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Mar. 27, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Corporate & All Other is comprised of corporate overhead and certain operations that are not considered separate reportable segments based on their size. This includes the operations of the Company’s internal logistics unit responsible for managing and allocating inbound logistics revenue and expense. Corporate & All Other may also include capital expenditures for certain information technology projects that are transferred to the segments once placed in service. (In millions) Foodservice Vistar Corporate & All Other Eliminations Consolidated For the three months ended March 27, 2021 Net external sales $ 5,184.2 $ 2,011.9 $ 6.4 $ — $ 7,202.5 Inter-segment sales 2.3 0.4 90.5 (93.2 ) — Total sales 5,186.5 2,012.3 96.9 (93.2 ) 7,202.5 Depreciation and amortization 57.9 16.6 6.3 — 80.8 Capital expenditures 29.9 9.4 (3.4 ) — 35.9 For the three months ended March 28, 2020 Net external sales $ 4,946.6 $ 2,048.5 $ 5.6 $ — $ 7,000.7 Inter-segment sales 3.3 0.7 101.5 (105.5 ) — Total sales 4,949.9 2,049.2 107.1 (105.5 ) 7,000.7 Depreciation and amortization 79.9 13.1 6.3 — 99.3 Capital expenditures 21.5 23.2 7.4 — 52.1 (In millions) Foodservice Vistar Corporate & All Other Eliminations Consolidated For the nine months ended March 27, 2021 Net external sales $ 15,104.6 $ 5,971.8 $ 18.1 $ — $ 21,094.5 Inter-segment sales 5.7 1.6 275.1 (282.4 ) — Total sales 15,110.3 5,973.4 293.2 (282.4 ) 21,094.5 Depreciation and amortization 182.4 42.6 22.1 — 247.1 Capital expenditures 49.9 64.2 4.8 — 118.9 For the nine months ended March 28, 2020 Net external sales $ 12,717.5 $ 6,577.6 $ 17.2 $ — $ 19,312.3 Inter-segment sales 10.7 1.9 248.5 (261.1 ) — Total sales 12,728.2 6,579.5 265.7 (261.1 ) 19,312.3 Depreciation and amortization 130.3 36.2 19.3 — 185.8 Capital expenditures 37.8 44.7 18.6 — 101.1
Schedule of EBDITA and Reconciliation to Consolidated Income Before Taxes	EBITDA for each reportable segment and Corporate & All Other is presented below along with a reconciliation to consolidated income before taxes. Three Months Ended Nine Months Ended March 27, 2021 March 28, 2020 March 27, 2021 March 28, 2020 Foodservice EBITDA $ 138.3 $ 91.7 $ 449.8 $ 309.3 Vistar EBITDA 16.8 40.7 67.2 148.8 Corporate & All Other EBITDA (49.3 ) (58.4 ) (145.1 ) (153.4 ) Depreciation and amortization (80.8 ) (99.3 ) (247.1 ) (185.8 ) Interest expense (37.1 ) (35.2 ) (114.0 ) (78.9 ) (Loss) income before taxes $ (12.1 ) $ (60.5 ) $ 10.8 $ 40.0
Summary Assets by Reportable Segment, Excluding Intercompany Receivables	Total assets by reportable segment, excluding intercompany receivables between segments, are as follows: (In millions) As of March 27, 2021 As of June 27, 2020 Foodservice $ 5,488.7 $ 5,529.1 Vistar 1,589.3 1,385.4 Corporate & All Other 371.8 805.2 Total assets $ 7,449.8 $ 7,719.7

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements - Additional Information (Detail)	Mar. 27, 2021
ASU 2016-13 [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted	true
Change in accounting principle, accounting standards update, adoption date	Jun. 28, 2020
Change in accounting principle, accounting standards update, immaterial effect	true
ASU 2018-15 [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted	true
Change in accounting principle, accounting standards update, adoption date	Jun. 28, 2020
Change in accounting principle, accounting standards update, immaterial effect	true

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details) - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Revenue From Contract With Customer [Abstract]
Contract assets	$ 19.8	$ 15.3

Business Combinations - Additio

Business Combinations - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 26, 2020USD ($)	Mar. 28, 2020USD ($)	Mar. 27, 2021USD ($)Acquisition	Mar. 28, 2020USD ($)Acquisition	Jun. 27, 2020USD ($)
Business Acquisition [Line Items]
Cash payment for acquisition			$ 18.1	$ 1,989
Number of acquisitions | Acquisition			2	1
Eby-Brown [Member]
Business Acquisition [Line Items]
Contingent consideration					$ 191.2
Payments of earnout	$ 185.6
Payments of earnout, financial activity			$ 68.3
Payments of earnout, operating activity			117.3
Accrued earnout payments			$ 6.4
Reinhart [Member]
Business Acquisition [Line Items]
Business combination net working capital acquired	$ 67.3
Net sales		$ 1,355.1
Net loss		$ 29.1

Business Combinations - Summary

Business Combinations - Summary of Unaudited Pro-Forma Consolidated Financial Information (Detail) $ in Millions	9 Months Ended
	Mar. 28, 2020USD ($)
Business Combinations [Abstract]
Net Sales	$ 22,443.7
Net Income	$ 26.3

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Detail) - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Debt Instrument [Line Items]
Less: Original issue discount and deferred financing costs	$ (32.1)	$ (38.1)
Long-term debt	2,149.1	2,356.9
Less: current installments		(107.6)
Total debt, excluding current installments	2,149.1	2,249.3
ABL Facility [Member]
Debt Instrument [Line Items]
Long-term debt, gross	496.2	710
5.500% Senior Notes due 2024 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	350	350
6.875% Senior Notes due 2025 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	275	275
5.500% Senior Notes due 2027 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,060	$ 1,060

Debt - Schedule of Debt (Parent

Debt - Schedule of Debt (Parenthetical) (Detail)	9 Months Ended
	Mar. 27, 2021
5.500% Senior Notes due 2024 [Member]
Debt Instrument [Line Items]
Debt instruments amount, interest rate	5.50%
Debt instruments maturity year	2024
6.875% Senior Notes due 2025 [Member]
Debt Instrument [Line Items]
Debt instruments amount, interest rate	6.875%
Debt instruments maturity year	2025
5.500% Senior Notes due 2027 [Member]
Debt Instrument [Line Items]
Debt instruments amount, interest rate	5.50%
Debt instruments maturity year	2027

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Millions	Feb. 05, 2021	Mar. 27, 2021
Debt Instrument [Line Items]
Payment of additional junior term loan		$ 110
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Additional junior term loan interest rate	5.00%
Prime Rate [Member]
Debt Instrument [Line Items]
Additional junior term loan interest rate	4.00%
ABL Facility [Member]
Debt Instrument [Line Items]
Debt instruments face amount		$ 3,000
Credit facility, maturity date		Dec. 30, 2024
Debt instrument description of variable rate		(a) the Base Rate (defined as the greater of (i) the Federal Funds Rate in effect on such date plus 0.5%, (ii) the Prime Rate on such day, or (iii) one month LIBOR plus 1.0%) plus a spread or (b) LIBOR plus a spread.
ABL Facility [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
ABL Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.00%
ABL Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Credit facility, commitment fee rate		0.25%
ABL Facility [Member] | Revolving Credit Line [Member]
Debt Instrument [Line Items]
Payment of additional junior term loan	$ 110

Debt - Summary of Outstanding B

Debt - Summary of Outstanding Borrowings, Availability, and Average Interest Rate under ABL Facility (Detail) - ABL Facility [Member] - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Debt Instrument [Line Items]
Aggregate borrowings	$ 496.2	$ 710
Letters of credit under ABL Facility	161.8	139.6
Excess availability, net of lenders’ reserves of $56.0 and $64.9	$ 2,003.1	$ 1,712.2
Average interest rate	1.56%	2.85%

Debt - Summary of Outstanding_2

Debt - Summary of Outstanding Borrowings, Availability, and Average Interest Rate under ABL Facility (Parenthetical) (Detail) - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
ABL Facility [Member]
Debt Instrument [Line Items]
Debt amount reserve by lender	$ 56	$ 64.9

Leases - Additional Information

Leases - Additional Information (Detail) $ in Millions	9 Months Ended
	Mar. 27, 2021USD ($)
Lessee Lease Description [Line Items]
Operating lease renewal term	10 years
Operating lease, Option to extend	true
Operating lease, Option to extend description	options to extend the leases for up to 10 years
Operating lease, Option to terminate description	options to terminate the leases within 1 year
Operating lease, Option to terminate	true
Finance lease renewal term	10 years
Finance lease, Option to extend	true
Finance lease, Option to extend description	options to extend the leases for up to 10 years
Finance lease, Option to terminate description	options to terminate the leases within 1 year
Finance lease, Option to terminate	true
Operating lease expiration year	2027
Undiscounted maximum amount for guarantees	$ 20.6
Future minimum operating lease payments, not yet commenced	$ 14.8
Lessee, operating lease, lease not yet commenced, description	These leases relate primarily to warehouse leases and are expected to commence in the fourth quarter of fiscal 2021 and first quarter of fiscal 2022 with lease terms of 5 to 15 years.
Minimum [Member]
Lessee Lease Description [Line Items]
Operating lease remaining term	1 year
Finance lease remaining term	1 year
Percentage of residual value guarantee under operating lease	6.00%
Operating lease expiration term	5 years
Operating leases, not yet commenced, lease term	5 years
Maximum [Member]
Lessee Lease Description [Line Items]
Operating lease remaining term	20 years
Finance lease remaining term	20 years
Percentage of residual value guarantee under operating lease	16.00%
Operating lease expiration term	7 years
Operating leases, not yet commenced, lease term	15 years

Leases - Summary of Location of

Leases - Summary of Location of Lease Costs in Consolidated Statement of Operations (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020
Finance lease cost:
Amortization of finance lease assets	$ 10	$ 6.7	$ 25.8	$ 17.2
Interest on lease liabilities	3.3	2.7	9.3	7.6
Total finance lease cost	13.3	9.4	35.1	24.8
Operating lease cost	25.8	28.9	81.1	83.7
Short-term lease cost	5.9	6.6	14.9	18.1
Total lease cost	$ 45	$ 44.9	$ 131.1	$ 126.6

Leases - Summary of Supplementa

Leases - Summary of Supplemental Cash Flow Information related to Leases (Detail) - USD ($) $ in Millions	9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 75.6	$ 81.1
Operating cash flows from finance leases	9.3	7.6
Financing cash flows from finance leases	27.3	16.9
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	81.9	49.6
Finance leases	$ 102.9	$ 26.8

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Lease Payments Under Non-Cancelable Leases (Detail) $ in Millions	Mar. 27, 2021USD ($)
Operating Leases
Remainder of 2021	$ 25.7
2022	94.3
2023	80.3
2024	61.8
2025	47.6
Thereafter	262.9
Total future minimum lease payments	572.6
Less: Interest	107.8
Present value of future minimum lease payments	464.8
Finance Leases
Remainder of 2021	13.9
2022	57.6
2023	54
2024	53.1
2025	48.9
Thereafter	111
Total future minimum lease payments	338.5
Less: Interest	46.9
Present value of future minimum lease payments	$ 291.6

Fair Value of Financial Instr_2

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Long-term debt	$ 2,149.1	$ 2,356.9
Reported Value Measurement [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Long-term debt	2,149.1	2,356.9
Fair Value Inputs Level 2 [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Fair value of long term debt	$ 2,248.4	$ 2,402

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020	Jun. 27, 2020
Income Tax Disclosure [Abstract]
Effective income tax rate	37.10%	33.60%	14.20%	7.30%
U.S. federal corporate income tax rate			21.00%
Net deferred tax assets	$ 182.8		$ 182.8		$ 186.2
Net deferred tax liabilities	303.4		303.4		301.8
Valuation allowance					0.7
Unrecognized tax benefits	$ 0.3		0.3		$ 0.5
Decrease in unrecognized tax benefits			$ 0.1

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions	Mar. 27, 2021USD ($)
Commitments And Contingencies Disclosure [Abstract]
Outstanding contracts and purchase orders for capital projects and services	$ 63.1

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail) - Purchasing Alliance [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020	Jun. 27, 2020
Related Party Transaction [Line Items]
Equity method investments	$ 5		$ 5		$ 3.5
Purchases from related party	$ 296.5	$ 234.8	$ 804.6	$ 733.2

Earnings Per Common Share - Add

Earnings Per Common Share - Additional Information (Detail) - shares shares in Millions	9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Earnings Per Share [Abstract]
Potential common shares not included in computing diluted earnings per common share due to antidilutive effect	0.2	0.1

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of Reconciliation of Numerators and Denominators for Basic and Diluted Earnings Per Common Share Computations (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020
Numerator:
Net (loss) income	$ (7.6)	$ (40.2)	$ 9.3	$ 37.1
Denominator:
Weighted-average common shares outstanding	132.3	115.9	132	108.1
Dilutive effect of potential common shares			1.2	1.4
Weighted-average dilutive shares outstanding	132.3	115.9	133.2	109.5
Basic (loss) earnings per common share	$ (0.06)	$ (0.35)	$ 0.07	$ 0.34
Diluted (loss) earnings per common share	$ (0.06)	$ (0.35)	$ 0.07	$ 0.34

Segment Information - Additiona

Segment Information - Additional Information (Detail)	9 Months Ended
	Mar. 27, 2021Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information, by Segment (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020
Segment Reporting Information [Line Items]
Net sales	$ 7,202.5	$ 7,000.7	$ 21,094.5	$ 19,312.3
Depreciation and amortization	80.8	99.3	247.1	185.8
Capital expenditures	35.9	52.1	118.9	101.1
Foodservice [Member]
Segment Reporting Information [Line Items]
Net sales	5,184.2	4,946.6	15,104.6	12,717.5
Depreciation and amortization	57.9	79.9	182.4	130.3
Capital expenditures	29.9	21.5	49.9	37.8
Vistar [Member]
Segment Reporting Information [Line Items]
Net sales	2,011.9	2,048.5	5,971.8	6,577.6
Depreciation and amortization	16.6	13.1	42.6	36.2
Capital expenditures	9.4	23.2	64.2	44.7
Corporate & All Other [Member]
Segment Reporting Information [Line Items]
Net sales	6.4	5.6	18.1	17.2
Depreciation and amortization	6.3	6.3	22.1	19.3
Capital expenditures	(3.4)	7.4	4.8	18.6
Eliminations [Member]
Segment Reporting Information [Line Items]
Net sales	(93.2)	(105.5)	(282.4)	(261.1)
Eliminations [Member] | Foodservice [Member]
Segment Reporting Information [Line Items]
Net sales	2.3	3.3	5.7	10.7
Eliminations [Member] | Vistar [Member]
Segment Reporting Information [Line Items]
Net sales	0.4	0.7	1.6	1.9
Eliminations [Member] | Corporate & All Other [Member]
Segment Reporting Information [Line Items]
Net sales	90.5	101.5	275.1	248.5
Operating Segments [Member] | Foodservice [Member]
Segment Reporting Information [Line Items]
Net sales	5,186.5	4,949.9	15,110.3	12,728.2
Operating Segments [Member] | Vistar [Member]
Segment Reporting Information [Line Items]
Net sales	2,012.3	2,049.2	5,973.4	6,579.5
Operating Segments [Member] | Corporate & All Other [Member]
Segment Reporting Information [Line Items]
Net sales	$ 96.9	$ 107.1	$ 293.2	$ 265.7

Segment Information - Schedul_2

Segment Information - Schedule of EBDITA and Reconciliation to Consolidated Income Before Taxes (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 27, 2021	Mar. 28, 2020	Mar. 27, 2021	Mar. 28, 2020
Segment Reporting Information [Line Items]
Depreciation and amortization	$ (80.8)	$ (99.3)	$ (247.1)	$ (185.8)
Interest expense	(37.1)	(35.2)	(114)	(78.9)
(Loss) income before taxes	(12.1)	(60.5)	10.8	40
Foodservice [Member]
Segment Reporting Information [Line Items]
EBITDA	138.3	91.7	449.8	309.3
Depreciation and amortization	(57.9)	(79.9)	(182.4)	(130.3)
Vistar [Member]
Segment Reporting Information [Line Items]
EBITDA	16.8	40.7	67.2	148.8
Depreciation and amortization	(16.6)	(13.1)	(42.6)	(36.2)
Corporate & All Other [Member]
Segment Reporting Information [Line Items]
EBITDA	(49.3)	(58.4)	(145.1)	(153.4)
Depreciation and amortization	$ (6.3)	$ (6.3)	$ (22.1)	$ (19.3)

Segment Information - Summary A

Segment Information - Summary Assets by Reportable Segment, Excluding Intercompany Receivables (Detail) - USD ($) $ in Millions	Mar. 27, 2021	Jun. 27, 2020
Segment Reporting Information [Line Items]
Total assets	$ 7,449.8	$ 7,719.7
Foodservice [Member]
Segment Reporting Information [Line Items]
Total assets	5,488.7	5,529.1
Vistar [Member]
Segment Reporting Information [Line Items]
Total assets	1,589.3	1,385.4
Corporate & All Other [Member]
Segment Reporting Information [Line Items]
Total assets	$ 371.8	$ 805.2