Sysco (SYY) 10-Q 5 Nov 19 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 28, 2019	Oct. 18, 2019
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 28, 2019
Document Transition Report	false
Entity File Number	1-6544
Entity Registrant Name	Sysco Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	74-1648137
Entity Address, Address Line One	1390 Enclave Parkway
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77077
City Area Code	281
Local Phone Number	584-1390
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		510,226,830
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000096021
Current Fiscal Year End Date	--06-27
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of each class	Common stock, $1.00 Par Value
Trading Symbol	SYY
Security Exchange Name	NYSE
Senior Notes, 5.25% Due 2018
Document Information [Line Items]
Title of each class	1.25% Notes due June 2023
Trading Symbol	SYY 23
Security Exchange Name	NYSE

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019
Current assets
Cash and cash equivalents	$ 455,482	$ 513,460
Accounts and notes receivable, less allowances of $49,443 and $28,176	4,397,005	4,181,696
Inventories	3,386,808	3,216,034
Prepaid expenses and other current assets	235,014	210,582
Income tax receivable	9,855	19,733
Total current assets	8,484,164	8,141,505
Plant and equipment at cost, less accumulated depreciation	4,493,016	4,501,705
Other long-term assets
Goodwill	3,871,722	3,896,226
Intangibles, less amortization	825,287	857,301
Deferred income taxes	98,118	80,760
Operating lease right-of-use assets, net	626,580
Other assets	557,688	489,025
Total other long-term assets	5,979,395	5,323,312
Total assets	18,956,575	17,966,522
Current liabilities
Notes payable	3,433	3,957
Accounts payable	4,247,276	4,314,620
Accrued expenses	1,596,925	1,729,941
Accrued income taxes	96,932	17,343
Current operating lease liabilities	102,544
Current maturities of long-term debt	54,361	37,322
Total current liabilities	6,101,471	6,103,183
Long-term liabilities
Long-term debt	8,637,706	8,122,058
Deferred income taxes	178,719	172,232
Long-term operating lease liabilities	545,566
Other long-term liabilities	1,005,337	1,031,020
Total long-term liabilities	10,367,328	9,325,310
Noncontrolling interest	33,028	35,426
Shareholders’ equity
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none	0	0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares	765,175	765,175
Paid-in capital	1,490,661	1,457,419
Retained earnings	11,486,833	11,229,679
Accumulated other comprehensive loss	(1,675,430)	(1,599,729)
Treasury stock at cost, 254,310,626 and 252,297,926 shares	(9,612,491)	(9,349,941)
Total shareholders’ equity	2,454,748	2,502,603
Total liabilities and shareholders’ equity	$ 18,956,575	$ 17,966,522

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 49,443	$ 28,176
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized (in shares)	1,500,000	1,500,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized (in shares)	2,000,000,000	2,000,000,000
Common stock, issued (in shares)	765,174,900	765,174,900
Treasury stock (in shares)	254,310,626	252,297,926

Consolidated Results of Operati

Consolidated Results of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Income Statement [Abstract]
Sales	$ 15,303,005	$ 15,215,279
Cost of sales	12,359,635	12,311,494
Gross profit	2,943,370	2,903,785
Operating expenses	2,275,052	2,275,645
Operating income	668,318	628,140
Interest expense	83,335	89,016
Other (income) expense, net	3,112	1,132
Earnings before income taxes	581,871	537,992
Income taxes	128,090	106,950
Net earnings	$ 453,781	$ 431,042
Net earnings:
Basic earnings per share (in dollars per share)	$ 0.88	$ 0.83
Diluted earnings per share (in dollars per share)	$ 0.87	$ 0.81
Average shares outstanding (in shares)	513,496,296	520,856,599
Diluted shares outstanding (in shares)	518,761,456	529,034,470

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Net earnings	$ 453,781	$ 431,042
Other comprehensive (loss) income:
Foreign currency translation adjustment	(126,159)	(24,927)
Items presented net of tax:
Amortization of cash flow hedges	2,155
Amortization of cash flow hedges	2,155	2,155
Change in net investment hedges	30,000
Change in cash flow hedges	9,259
Amortization of prior service cost	1,428	1,600
Amortization of actuarial loss	6,683	6,529
Actuarial (loss) gain	0	(32,511)
Change in marketable securities	933	0
Total other comprehensive (loss) income	(75,701)	(41,574)
Comprehensive income	378,080	389,468
Cash flow hedging
Items presented net of tax:
Amortization of cash flow hedges		2,155
Changes in derivatives	9,259	(3,008)
Net investment hedging
Items presented net of tax:
Changes in derivatives	$ 30,000	$ 8,588

Changes in Consolidated Shareho

Changes in Consolidated Shareholders' Equity - USD ($) $ in Thousands	Total	Cash flow hedging	Net investment hedging	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive LossCash flow hedging	Accumulated Other Comprehensive LossNet investment hedging	Treasury Stock
Beginning balance, shareholders' equity at Jun. 30, 2018	$ 2,506,957			$ 765,175	$ 1,383,619	$ 10,348,628	$ (1,409,269)			$ (8,581,196)
Beginning balance, shareholders' equity (in shares) at Jun. 30, 2018				765,174,900						244,533,248
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	431,042					431,042
Foreign currency translation adjustment	(24,927)						(24,927)
Amortization of cash flow hedges	2,155	$ 2,155					2,155
Changes in derivatives		(3,008)	$ 8,588					$ (3,008)	$ 8,588
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax	8,129						8,129
Pension funded status adjustment, net of tax	(32,511)						(32,511)
Change in marketable securities, net of tax	0
Dividends declared	(187,180)					(187,180)
Treasury stock purchases	(209,541)									$ (209,541)
Treasury stock purchases (in shares)										2,911,677
Share-based compensation awards	138,870				54,478					$ 84,392
Share-based compensation awards (in shares)										(2,419,654)
Ending balance, shareholders' equity at Sep. 29, 2018	2,638,574			$ 765,175	1,438,097	10,592,490	(1,450,843)			$ (8,706,345)
Ending balance, shareholders' equity (in shares) at Sep. 29, 2018				765,174,900						245,025,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU 2016-02, Leases (Topic 842), net of tax	1,978					1,978
Beginning balance, shareholders' equity at Jun. 29, 2019	2,502,603			$ 765,175	1,457,419	11,229,679	(1,599,729)			$ (9,349,941)
Beginning balance, shareholders' equity (in shares) at Jun. 29, 2019				765,174,900						252,297,926
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	453,781					453,781
Foreign currency translation adjustment	(126,159)						(126,159)
Amortization of cash flow hedges	2,155						2,155
Changes in derivatives		$ 9,259	$ 30,000					$ 9,259	$ 30,000
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax	8,111						8,111
Change in marketable securities, net of tax	933						933
Dividends declared	(198,605)					(198,605)
Treasury stock purchases	(347,867)									$ (347,867)
Treasury stock purchases (in shares)										4,587,397
Share-based compensation awards	118,559				33,242					$ 85,317
Share-based compensation awards (in shares)										(2,574,697)
Ending balance, shareholders' equity at Sep. 28, 2019	$ 2,454,748			$ 765,175	$ 1,490,661	$ 11,486,833	$ (1,675,430)			$ (9,612,491)
Ending balance, shareholders' equity (in shares) at Sep. 28, 2019				765,174,900						254,310,626

Changes in Consolidated Share_2

Changes in Consolidated Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Statement of Stockholders' Equity [Abstract]
Dividends declared per common share (in dollars per share)	$ 0.39	$ 0.36

Consolidated Cash Flows (Unaudi

Consolidated Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Cash flows from operating activities:
Net earnings	$ 453,781	$ 431,042
Adjustments to reconcile net earnings to cash provided by operating activities:
Share-based compensation expense	21,386	29,193
Depreciation and amortization	187,405	187,627
Operating lease asset amortization	26,925	0
Amortization of debt issuance and other debt-related costs	4,920	6,170
Deferred income taxes	(25,494)	(20,249)
Provision for losses on receivables	18,712	10,464
Other non-cash items	2,295	(3,695)
Additional changes in certain assets and liabilities, net of effect of businesses acquired:
(Increase) in receivables	(236,136)	(182,233)
(Increase) in inventories	(186,331)	(229,100)
(Increase) in prepaid expenses and other current assets	(30,133)	(23,540)
(Decrease) increase in accounts payable	(38,894)	78,112
(Decrease) in accrued expenses	(92,661)	(111,309)
(Decrease) in operating lease liabilities	(30,597)	0
Increase in accrued income taxes	89,467	100,868
Decrease (increase) in other assets	3,141	(4,261)
Increase in other long-term liabilities	3,793	2,056
Net cash provided by operating activities	171,579	271,145
Cash flows from investing activities:
Additions to plant and equipment	(175,728)	(104,322)
Proceeds from sales of plant and equipment	4,902	3,839
Acquisition of businesses, net of cash acquired	(74,814)	0
Purchase of marketable securities	(4,002)	0
Proceeds from sales of marketable securities	3,018	0
Other investing activities	0	912
Net cash used for investing activities	(246,624)	(99,571)
Cash flows from financing activities:
Bank and commercial paper borrowings (repayments), net	533,400	0
Other debt borrowings	31,789	386,142
Other debt repayments	(16,139)	(8,078)
Proceeds from stock option exercises	85,317	84,393
Treasury stock purchases	(349,314)	(204,640)
Dividends paid	(200,037)	(187,229)
Other financing activities	(22,311)	(2,200)
Net cash provided by financing activities	62,705	68,388
Effect of exchange rates on cash, cash equivalents and restricted cash	(5,485)	(2,435)
Net (decrease) increase in cash, cash equivalents and restricted cash	(17,825)	237,527
Cash, cash equivalents and restricted cash at beginning of period	532,245	715,844
Cash, cash equivalents and restricted cash at end of period	514,420	953,371
Cash paid during the period for:
Interest	84,407	81,392
Income taxes	$ 70,013	$ 70,675

Basis of Presentation

Basis of Presentation	3 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The consolidated financial statements have been prepared by the company, without audit. The financial statements include consolidated balance sheets, consolidated results of operations, consolidated statements of comprehensive income, changes in consolidated shareholders’ equity and consolidated 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, cash flows and changes in shareholders’ equity for all periods presented have been made. These financial statements should be read in conjunction with the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended June 29, 2019 . Certain footnote disclosures included in annual financial statements prepared in accordance with generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to applicable rules and regulations for interim financial statements. Supplemental Cash Flow Information The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows: Sep. 28, 2019 Sep. 29, 2018 (In thousands) Cash and cash equivalents $ 455,482 $ 790,304 Restricted cash (1) 58,938 163,067 Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows $ 514,420 $ 953,371 (1) Restricted cash primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within Other assets in each consolidated balance sheet.

Changes in Accounting

Changes in Accounting	3 Months Ended
	Sep. 28, 2019
Accounting Changes and Error Corrections [Abstract]
Changes in Accounting	CHANGES IN ACCOUNTING Leases In February 2016, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) , specifying the accounting for leases, which supersedes the leases requirements in Topic 840, Leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount and timing of cash flows arising from a lease. The amended guidance requires the recognition of lease assets and lease liabilities on the balance sheet for those leases currently classified as operating leases. In addition, Topic 842 expands the disclosure requirements of lease arrangements. Sysco adopted this ASU and related amendments as of June 30, 2019, the first day of fiscal 2020, under the modified retrospective approach and elected certain practical expedients permitted under the transition guidance, including to retain the historical lease classification, as well as relief from separating and allocating consideration across all categories of leases to lease and non-lease components of an agreement. For leases subject to index or rate adjustments, the most current index or rate adjustments were included in the measurement of operating lease obligations at adoption. The adoption of this ASU and related amendments resulted in Sysco recognizing $647.2 million and $657.9 million of operating lease right-of-use (ROU) assets and operating lease liabilities, respectively, as of June 30, 2019. There were no other significant impacts to the company’s consolidated financial statements. Updated accounting policies and additional lease disclosures as a result of the adoption of this ASU are described in Note 9 , “Leases.”

Revenue

Revenue	3 Months Ended
	Sep. 28, 2019
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE The company recognizes revenues when its performance obligations are satisfied in an amount that reflects the consideration Sysco expects to be entitled to receive in exchange for those goods and services. After completion of Sysco’s performance obligations, the company has an unconditional right to consideration as outlined in its contracts with customers. Sysco’s customer receivables will generally be collected in less than 30 days in accordance with the underlying payment terms. Customer receivables, which are included in Accounts and notes receivable, less allowances in the consolidated balance sheet, were $4.1 billion and $3.9 billion as of September 28, 2019 and June 29, 2019 , respectively. Sysco has certain customer contracts in which upfront monies are paid to its customers. These payments have become industry practice and are not related to financing of the customer’s business. They are not associated with any distinct good or service to be received from the customer and, therefore, are treated as a reduction of transaction prices. All upfront payments are capitalized in Other Assets and amortized over the life of the contract or the expected life of the relationship with the customer on a straight-line basis. As of September 28, 2019 , Sysco’s contract assets were not significant. Sysco has no significant commissions paid that are directly attributable to obtaining a particular contract. The following tables present our sales disaggregated by reportable segment and sales mix for the company’s principal product categories for the periods presented: 13-Week Period Ended Sep. 28, 2019 US Foodservice Operations International Foodservice Operations SYGMA Other Total (In thousands) Principal Product Categories Fresh and frozen meats $ 2,075,300 $ 412,155 $ 381,377 $ — $ 2,868,832 Canned and dry products 1,898,889 586,625 37,190 — 2,522,704 Frozen fruits, vegetables, bakery and other 1,449,218 552,014 254,455 — 2,255,687 Dairy products 1,148,381 312,178 145,921 — 1,606,480 Poultry 1,090,106 218,600 204,269 — 1,512,975 Fresh produce 998,164 257,758 60,933 — 1,316,855 Paper and disposables 719,540 98,342 168,436 17,373 1,003,691 Seafood 685,410 149,590 24,855 — 859,855 Beverage products 290,785 132,852 143,679 24,329 591,645 Other (1) 302,840 192,274 25,879 243,288 764,281 Total Sales $ 10,658,633 $ 2,912,388 $ 1,446,994 $ 284,990 $ 15,303,005 (1) Other sales relate to non-food products, including textiles and amenities for our hotel supply business, equipment and subscription sales for our Sysco Labs business, and other janitorial products, medical supplies and smallwares. 13-Week Period Ended Sep. 29, 2018 US Foodservice Operations International Foodservice Operations SYGMA Other Total (In thousands) Principal Product Categories Fresh and frozen meats $ 2,121,517 $ 420,456 $ 372,334 $ — $ 2,914,307 Canned and dry products 1,852,168 611,470 77,621 — 2,541,259 Frozen fruits, vegetables, bakery and other 1,423,386 628,559 291,864 — 2,343,809 Dairy products 1,086,404 318,347 154,806 — 1,559,557 Poultry 1,026,936 215,582 272,061 — 1,514,579 Fresh produce 937,580 257,544 64,849 — 1,259,973 Paper and disposables 710,759 104,539 188,616 16,409 1,020,323 Seafood 661,687 188,436 25,385 — 875,508 Beverage products 290,571 52,069 147,294 23,180 513,114 Other (1) 288,403 123,948 26,627 233,872 672,850 Total Sales $ 10,399,411 $ 2,920,950 $ 1,621,457 $ 273,461 $ 15,215,279 (1) Other sales relate to non-food products, including textiles and amenities for our hotel supply business, equipment and subscription sales for our Sysco Labs business, and other janitorial products, medical supplies and smallwares.

Acquisitions

Acquisitions	3 Months Ended
	Sep. 28, 2019
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS During the first 13 weeks of fiscal 2020 , the company paid cash of $74.8 million for acquisitions. These acquisitions did not have a material effect on the company’s operating results, cash flows or financial position. Certain acquisitions involve contingent consideration that may include earnout agreements that are typically payable over periods of up to three years in the event that certain operating results are achieved. As of September 28, 2019 , aggregate contingent consideration outstanding was $28.3 million , of which $21.5 million was recorded as earnout liabilities. Earnout liabilities are all measured using unobservable inputs that are considered a Level 3 measurement.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Sep. 28, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	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 cash deposits, 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. The following is a description of the valuation methodologies used for assets and liabilities measured at fair value: • Cash deposits included in cash equivalents are valued at amortized cost, which approximates fair value. These are included within cash equivalents as a Level 1 measurement in the tables below. • Time deposits 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. • 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 as Level 1 measurements in the tables below. • Fixed income securities are 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. • The interest rate swap agreements 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. • The foreign currency swap agreements, including cross-currency swaps, are valued using a swap valuation model that utilizes an income approach applying observable market inputs including interest rates, LIBOR swap rates for U.S. dollars, Canadian dollars, pound sterling and euro currencies, and credit default swap rates. • Foreign currency forwards are valued based on exchange rates quoted by domestic and foreign banks for similar instruments. • Fuel swap contracts are valued based on observable market transactions of forward commodity prices. The fair value of the company’s marketable securities are all measured using inputs that are considered a Level 2 measurement, as they are actively traded and are valued using quoted market prices in active markets. The location and the fair value of the company’s marketable securities in the consolidated balance sheet are disclosed in Note 6 , “Marketable Securities.” The fair value of the company’s derivative instruments are all measured using inputs that are considered a Level 2 measurement, as they are not actively traded and are valued using pricing models that use observable market quotations. The location and the fair value of derivative assets and liabilities designated as hedges in the consolidated balance sheet are disclosed in Note 7 , “Derivative Financial Instruments.” The following tables present the company’s assets measured at fair value on a recurring basis as of September 28, 2019 and June 29, 2019 : Assets Measured at Fair Value as of Sep. 28, 2019 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents Cash and cash equivalents $ 108,962 $ 1,400 $ — $ 110,362 Other assets (1) 58,938 — — 58,938 Total assets at fair value $ 167,900 $ 1,400 $ — $ 169,300 (1) Represents restricted cash balance recorded within other assets in the consolidated balance sheet. Assets Measured at Fair Value as of Jun. 29, 2019 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents Cash and cash equivalents $ 72,824 $ 200 $ — $ 73,024 Other assets (1) 18,785 — — 18,785 Total assets at fair value $ 91,609 $ 200 $ — $ 91,809 (1) Represents restricted cash balance recorded within other assets in the consolidated balance sheet. The carrying values of accounts receivable and accounts payable approximated their respective fair values due to their short-term maturities. The fair value of Sysco’s total debt is estimated based on the quoted market prices for the same or similar issues or on the current rates offered to the company for new debt with the same maturities as existing debt, and is considered a Level 2 measurement. The fair value of total debt was approximately $9.5 billion and $8.6 billion as of September 28, 2019 and June 29, 2019 , respectively. The carrying value of total debt was $8.7 billion and $8.2 billion as of September 28, 2019 and June 29, 2019 , respectively.

Marketable Securities

Marketable Securities	3 Months Ended
	Sep. 28, 2019
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	MARKETABLE SECURITIES Sysco invests a portion of the assets held by its wholly owned captive insurance subsidiary in a restricted investment portfolio of marketable fixed income securities, which have been classified and accounted for as available-for-sale. The company includes fixed income securities maturing in less than twelve months within Prepaid expenses and other current assets and includes fixed income securities maturing in more than twelve months within Other assets in the accompanying Consolidated Balance Sheets. The company records the amounts at fair market value, which is determined using quoted market prices at the end of the reporting period. Unrealized gains and losses on marketable securities are recorded in Accumulated other comprehensive loss. The following table presents the company’s available-for-sale marketable securities as of September 28, 2019 and June 29, 2019 : September 28, 2019 Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-Term Marketable Securities Long-Term Marketable Securities (In thousands) Fixed income securities: Corporate bonds $ 88,505 $ 2,067 $ (2 ) $ 90,570 $ 12,017 $ 78,553 Government bonds 28,834 2,695 — 31,529 — 31,529 Total marketable securities $ 117,339 $ 4,762 $ (2 ) $ 122,099 $ 12,017 $ 110,082 June 29, 2019 Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-Term Marketable Securities Long-Term Marketable Securities (In thousands) Corporate bonds $ 87,540 $ 1,734 $ — $ 89,274 $ 12,006 $ 77,268 Government bonds 28,900 1,845 — 30,745 — 30,745 Total marketable securities $ 116,440 $ 3,579 $ — $ 120,019 $ 12,006 $ 108,013 The fixed income securities held at September 28, 2019 had effective maturities ranging from less than one year to approximately eleven years . There were no significant realized gains or losses in marketable securities in the first quarter of 2020 .

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Sep. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	DERIVATIVE FINANCIAL INSTRUMENTS Sysco uses derivative financial instruments to enact hedging strategies for risk mitigation purposes; however, the company does not use derivative financial instruments for trading or speculative purposes. Hedging strategies are used to manage interest rate risk, foreign currency risk and fuel price risk. Hedging of interest rate risk Sysco manages its debt portfolio with interest rate swaps from time to time to achieve an overall desired position of fixed and floating rates. Hedging of foreign currency risk Sysco enters into cross-currency swap contracts to hedge the foreign currency transaction risk of certain intercompany loans. There are no credit-risk related contingent features associated with these swaps, which have been designated as cash flow hedges. The company also uses cross-currency swap contracts and euro-bond denominated debt to hedge the foreign currency exposure of our net investment in certain foreign operations. Additionally, Sysco’s operations in Europe have inventory purchases denominated in currencies other than their functional currency, such as the euro, U.S. dollar, Polish zloty and Danish krone. These inventory purchases give rise to foreign currency exposure between the functional currency of each entity and these currencies. The company enters into foreign currency forward swap contracts to sell the applicable entity’s functional currency and buy currencies matching the inventory purchase, which operate as cash flow hedges of the company’s foreign currency-denominated inventory purchases. Hedging of fuel price risk Sysco uses fuel commodity swap contracts to hedge against the risk of the change in the price of diesel on anticipated future purchases. These swaps have been designated as cash flow hedges. None of the company’s hedging instruments contain credit-risk-related contingent features. Details of outstanding hedging instruments as of September 28, 2019 are presented below: Maturity Date of the Hedging Instrument Currency / Unit of Measure Notional Value (In millions) Hedging of interest rate risk October 2020 U.S. Dollar 750 July 2021 U.S. Dollar 500 June 2023 Euro 500 March 2025 U.S. Dollar 500 Hedging of foreign currency risk Various (September 30, 2019 to January 2020) Swedish Krona 280 Various (October 2019 to June 2020) British Pound Sterling 23 June 2021 Canadian Dollar 187 July 2021 British Pound Sterling 234 August 2021 British Pound Sterling 466 June 2023 Euro 500 Hedging of fuel risk Various (September 30, 2019 to September 2020) Gallons 55 The location and the fair value of derivative instruments designated as hedges in the consolidated balance sheet as of September 28, 2019 and June 29, 2019 are as follows: Derivative Fair Value Balance Sheet location Sep. 28, 2019 Jun. 29, 2019 (In thousands) Fair Value Hedges: Interest rate swaps Other assets $ 44,407 $ 37,396 Interest rate swaps Other long-term liabilities 6,061 9,285 Cash Flow Hedges: Fuel Swaps Other current assets $ 16 $ 154 Foreign currency forwards Other current assets 275 624 Fuel swaps Other assets — 136 Cross currency swaps Other assets 21,046 8,592 Fuel Swaps Other current liabilities 6,262 6,537 Foreign currency forwards Other current liabilities 591 162 Fuel swaps Other long-term liabilities 28 239 Net Investment Hedges: Foreign currency swaps Other assets $ 28,171 $ 18,614 Foreign currency swaps Other long-term liabilities — 9,973 Gains or losses recognized in the consolidated results of operations for cash flow hedging relationships are not significant for each of the periods presented. The location and amount of gains or losses recognized in the consolidated results of operations for fair value hedging relationships for each of the periods, presented on a pretax basis, are as follows: 13-Week Period Ended Sep. 28, 2019 Cost of Sales Operating Expense Interest Expense (In thousands) Total amounts of income and expense line items presented in the consolidated results of operations in which the effects of fair value or cash flow hedges are recorded $ 12,359,635 $ 2,275,052 $ 83,335 Gain or (loss) on fair value hedging relationships: Interest rate swaps: Hedged items (1) $ — $ — $ (24,736 ) Derivatives designated as hedging instruments — — 8,857 (1) The hedged total includes interest expense of $14.6 million and change in fair value of debt of $10.2 million . 13-Week Period Ended Sep. 29, 2018 Cost of Sales Operating Expense Interest Expense (In thousands) Total amounts of income and expense line items presented in the consolidated results of operations in which the effects of fair value or cash flow hedges are recorded $ 12,311,494 $ 2,275,645 $ 89,016 Gain or (loss) on fair value hedging relationships: Interest rate swaps: Hedged items (1) $ — $ — $ (8,588 ) Derivatives designated as hedging instruments — — (10,859 ) (1) The hedged total includes interest expense of $15.1 million and change in fair value of debt of $6.5 million . The location and effect of cash flow and net investment hedge accounting on the consolidated statements of comprehensive income for the 13 -week periods ended September 28, 2019 and September 29, 2018 , presented on a pretax basis, are as follows: 13-Week Period Ended Sep. 28, 2019 Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (In thousands) (In thousands) Derivatives in cash flow hedging relationships: Fuel swaps $ 344 Operating expense $ (3,406 ) Foreign currency contracts 12,307 Cost of sales 2 Total $ 12,651 $ (3,404 ) Derivatives in net investment hedging relationships: Foreign currency contracts $ 20,852 N/A $ — Foreign denominated debt 21,450 N/A — Total $ 42,302 $ — 13-Week Period Ended Sep. 29, 2018 Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (In thousands) (In thousands) Derivatives in cash flow hedging relationships: Fuel swaps $ 1,026 Operating expense $ 4,353 Foreign currency contracts (4,803 ) Cost of sales 483 Total $ (3,777 ) $ 4,836 Derivatives in net investment hedging relationships: Foreign currency contracts $ 7,228 N/A $ — Foreign denominated debt 3,950 N/A — Total $ 11,178 $ — The location and carrying amount of hedged liabilities in the consolidated balance sheet as of September 28, 2019 are as follows: Sep. 28, 2019 Carrying Amount of Hedged Assets (Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets (Liabilities) (In thousands) Balance sheet location: Long-term debt $ (2,312,113 ) $ (38,795 ) The location and carrying amount of hedged liabilities in the consolidated balance sheet as of June 29, 2019 are as follows: Jun. 29, 2019 Carrying Amount of Hedged Assets (Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets (Liabilities) (In thousands) Balance sheet location: Long-term debt $ (2,311,636 ) $ (28,616 )

Debt

Debt	3 Months Ended
	Sep. 28, 2019
Debt Disclosure [Abstract]
Debt	DEBT Sysco has a commercial paper program allowing the company to issue short-term unsecured notes in an aggregate amount not to exceed $2.0 billion . As of September 28, 2019 , there were $665.4 million in commercial paper issuances outstanding. Any outstanding amounts are classified within long-term debt, as the program is supported by a long-term revolving credit facility. During the first 13 weeks of fiscal 2020 , aggregate outstanding commercial paper issuances and short-term bank borrowings ranged from approximately $208.9 million to approximately $911.3 million .

Leases

Leases	3 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Leases	LEASES Sysco leases certain of its distribution and warehouse facilities, office facilities, fleet vehicles, and office and warehouse equipment. The company determines if an arrangement is a lease at inception and recognizes a finance or operating lease liability and ROU asset in the consolidated balance sheets if a lease exists. Lease liabilities are recognized based on the present value of future minimum lease payments over the lease term at the commencement date. If the borrowing rate implicit in the lease is not readily determinable, Sysco uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of future payments. The lease term is defined as the noncancelable period of the lease plus any options to extend or terminate the lease when it is reasonably certain that the company will exercise one of these options. Leases with an initial term of 12 months or less are not recorded in Sysco’s consolidated balance sheets, and the company recognizes expense for these leases on a straight-line basis over the lease term. Variable lease payments that do not depend on an index or a rate, such as insurance and property taxes, are excluded from the measurement of the lease liability and are recognized as variable lease cost when the obligation for that payment is incurred. For leases in which the lease and non-lease components have been combined, the variable lease expense includes expenses such as common area maintenance, utilities, and repairs and maintenance. Sysco’s leases do not contain significant residual value guarantees and do not impose significant restrictions or covenants. The following table presents the location of the finance lease ROU assets and lease liabilities in the company’s Consolidated Balance Sheet at September 28, 2019 : Consolidated Balance Sheet Location September 28, 2019 (In thousands) Finance lease right-of-use assets Plant and equipment at cost, less accumulated depreciation $ 92,052 Current finance lease liabilities Current maturities of long-term debt 27,300 Long-term finance lease liabilities Long-term debt 69,213 The following table presents lease costs for the 13 -week period ended September 28, 2019 : Consolidated Results of Operations Location 13-Week Period Ended Sep. 28, 2019 (In thousands) Operating lease cost Operating expenses $ 30,425 Financing lease cost: Amortization of right-of-use assets Operating expenses 8,613 Interest on lease obligations Interest expense 1,182 Variable lease cost Operating expenses 468 Short-term lease cost Operating expenses 2,896 Net lease cost $ 43,584 Future minimum lease obligations under existing noncancelable operating and finance lease agreements by fiscal year as of September 28, 2019 are as follows: Operating Leases Finance Leases (In thousands) Remainder of fiscal 2020 $ 88,622 $ 24,112 2021 109,589 27,829 2022 84,288 20,370 2023 68,088 14,046 2024 46,874 8,912 2025 43,721 5,742 Thereafter 322,335 6,378 Total undiscounted lease obligations 763,517 107,389 Less imputed interest (115,407 ) (10,876 ) Present value of lease obligations $ 648,110 $ 96,513 Other information related to lease agreements was as follows: 13-Week Period Ended Sep. 28, 2019 Cash Paid For Amounts Included In Measurement of Liabilities: (Dollars in thousands) Operating cash flows for operating leases $ 30,597 Operating cash flows for financing leases 1,182 Financing cash flows for financing leases 7,232 Supplemental Non-cash Information on Lease Liabilities: Assets obtained in exchange for operating lease obligations $ 5,781 Assets obtained in exchange for finance lease obligations 1,553 Lease Term and Discount Rate: Weighted-average remaining lease term (years): Operating leases 11.35 years Financing leases 4.34 years Weighted-average discount rate: Operating leases 2.39 % Financing leases 4.96 %
Leases	LEASES Sysco leases certain of its distribution and warehouse facilities, office facilities, fleet vehicles, and office and warehouse equipment. The company determines if an arrangement is a lease at inception and recognizes a finance or operating lease liability and ROU asset in the consolidated balance sheets if a lease exists. Lease liabilities are recognized based on the present value of future minimum lease payments over the lease term at the commencement date. If the borrowing rate implicit in the lease is not readily determinable, Sysco uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of future payments. The lease term is defined as the noncancelable period of the lease plus any options to extend or terminate the lease when it is reasonably certain that the company will exercise one of these options. Leases with an initial term of 12 months or less are not recorded in Sysco’s consolidated balance sheets, and the company recognizes expense for these leases on a straight-line basis over the lease term. Variable lease payments that do not depend on an index or a rate, such as insurance and property taxes, are excluded from the measurement of the lease liability and are recognized as variable lease cost when the obligation for that payment is incurred. For leases in which the lease and non-lease components have been combined, the variable lease expense includes expenses such as common area maintenance, utilities, and repairs and maintenance. Sysco’s leases do not contain significant residual value guarantees and do not impose significant restrictions or covenants. The following table presents the location of the finance lease ROU assets and lease liabilities in the company’s Consolidated Balance Sheet at September 28, 2019 : Consolidated Balance Sheet Location September 28, 2019 (In thousands) Finance lease right-of-use assets Plant and equipment at cost, less accumulated depreciation $ 92,052 Current finance lease liabilities Current maturities of long-term debt 27,300 Long-term finance lease liabilities Long-term debt 69,213 The following table presents lease costs for the 13 -week period ended September 28, 2019 : Consolidated Results of Operations Location 13-Week Period Ended Sep. 28, 2019 (In thousands) Operating lease cost Operating expenses $ 30,425 Financing lease cost: Amortization of right-of-use assets Operating expenses 8,613 Interest on lease obligations Interest expense 1,182 Variable lease cost Operating expenses 468 Short-term lease cost Operating expenses 2,896 Net lease cost $ 43,584 Future minimum lease obligations under existing noncancelable operating and finance lease agreements by fiscal year as of September 28, 2019 are as follows: Operating Leases Finance Leases (In thousands) Remainder of fiscal 2020 $ 88,622 $ 24,112 2021 109,589 27,829 2022 84,288 20,370 2023 68,088 14,046 2024 46,874 8,912 2025 43,721 5,742 Thereafter 322,335 6,378 Total undiscounted lease obligations 763,517 107,389 Less imputed interest (115,407 ) (10,876 ) Present value of lease obligations $ 648,110 $ 96,513 Other information related to lease agreements was as follows: 13-Week Period Ended Sep. 28, 2019 Cash Paid For Amounts Included In Measurement of Liabilities: (Dollars in thousands) Operating cash flows for operating leases $ 30,597 Operating cash flows for financing leases 1,182 Financing cash flows for financing leases 7,232 Supplemental Non-cash Information on Lease Liabilities: Assets obtained in exchange for operating lease obligations $ 5,781 Assets obtained in exchange for finance lease obligations 1,553 Lease Term and Discount Rate: Weighted-average remaining lease term (years): Operating leases 11.35 years Financing leases 4.34 years Weighted-average discount rate: Operating leases 2.39 % Financing leases 4.96 %

Earnings Per Share

Earnings Per Share	3 Months Ended
	Sep. 28, 2019
Earnings Per Share, Basic [Abstract]
Earnings Per Share	EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share: 13-Week Period Ended Sep. 28, 2019 Sep. 29, 2018 (In thousands, except for share Numerator: Net earnings $ 453,781 $ 431,042 Denominator: Weighted-average basic shares outstanding 513,496,296 520,856,599 Dilutive effect of share-based awards 5,265,160 8,177,871 Weighted-average diluted shares outstanding 518,761,456 529,034,470 Basic earnings per share $ 0.88 $ 0.83 Diluted earnings per share $ 0.87 $ 0.81 The number of securities that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 3,321,000 and 1,067,000 for the first quarter of fiscal 2020 and fiscal 2019

Other Comprehensive Income

Other Comprehensive Income	3 Months Ended
	Sep. 28, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other Comprehensive Income	OTHER COMPREHENSIVE INCOME Comprehensive income is net earnings plus certain other items that are recorded directly to shareholders’ equity, such as foreign currency translation adjustment, amounts related to cash flow hedging arrangements, certain amounts related to pension and other postretirement plans and changes in marketable securities. Comprehensive income was $378.1 million and $389.5 million for the first quarter of fiscal 2020 and fiscal 2019 , respectively. A summary of the components of other comprehensive income (loss) and the related tax effects for each of the periods presented is as follows: 13-Week Period Ended Sep. 28, 2019 Location of Expense (Income) Recognized in Net Earnings Before Tax Tax Net of Tax (In thousands) Pension and other postretirement benefit plans: Reclassification adjustments: Amortization of prior service cost Other expense, net $ 1,905 $ 477 $ 1,428 Amortization of actuarial loss, net Other expense, net 8,942 2,259 6,683 Total reclassification adjustments 10,847 2,736 8,111 Foreign currency translation: Foreign currency translation adjustment N/A (126,159 ) — (126,159 ) Marketable securities: Change in marketable securities (1) N/A 1,181 248 933 Hedging instruments: Other comprehensive income (loss) before reclassification adjustments: Change in cash flow hedges Operating expenses (2) 12,651 3,392 9,259 Change in net investment hedges N/A 42,302 12,302 30,000 Total other comprehensive income (loss) before reclassification adjustments 54,953 15,694 39,259 Reclassification adjustments: Amortization of cash flow hedges Interest expense 2,874 719 2,155 Total other comprehensive (loss) income $ (56,304 ) $ 19,397 $ (75,701 ) (1) Realized gains or losses on marketable securities are presented within Other (income) expense, net in the Consolidated Results of Operations; however, there were no significant gains or losses realized in the first quarter of 2020 . (2) Amount partially impacts operating expense for fuel swaps accounted for as cash flow hedges. 13-Week Period Ended Sep. 29, 2018 Location of Expense (Income) Recognized in Net Earnings Before Tax Tax Net of Tax (In thousands) Pension and other postretirement benefit plans: Other comprehensive income before reclassification adjustments: Net actuarial (loss) gain, arising in the current year $ (36,891 ) $ (4,380 ) $ (32,511 ) Reclassification adjustments: Amortization of prior service cost Other expense, net 2,133 533 1,600 Amortization of actuarial loss (gain), net Other expense, net 8,706 2,177 6,529 Total reclassification adjustments 10,839 2,710 8,129 Foreign currency translation: Other comprehensive income (loss) before Foreign currency translation adjustment N/A (24,927 ) — (24,927 ) Hedging instruments: Other comprehensive income (loss) before reclassification adjustments: Change in cash flow hedges Operating expenses (1) (3,777 ) (769 ) (3,008 ) Change in net investment hedges N/A 11,178 2,590 8,588 Total other comprehensive income (loss) before reclassification adjustments 7,401 1,821 5,580 Reclassification adjustments: Amortization of cash flow hedges Interest expense 2,873 718 2,155 Total other comprehensive income (loss) $ (40,705 ) $ 869 $ (41,574 ) (1) Amount partially impacts operating expense for fuel swaps accounted for as cash flow hedges. The following tables provide a summary of the changes in accumulated other comprehensive (loss) income for the periods presented: 13-Week Period Ended Sep. 28, 2019 Pension and Other Postretirement Benefit Plans, Foreign Currency Translation Hedging, Marketable Securities, net of tax Total (In thousands) Balance as of Jun. 29, 2019 $ (1,217,617 ) $ (290,169 ) $ (94,770 ) $ 2,827 $ (1,599,729 ) Equity adjustment from foreign currency translation — (126,159 ) — — (126,159 ) Amortization of cash flow hedges — — 2,155 — 2,155 Change in net investment hedges — — 30,000 — 30,000 Change in cash flow hedge — — 9,259 — 9,259 Amortization of unrecognized prior service cost 1,428 — — — 1,428 Amortization of unrecognized net actuarial losses 6,683 — — — 6,683 Change in marketable securities — — — 933 933 Balance as of Sep. 28, 2019 $ (1,209,506 ) $ (416,328 ) $ (53,356 ) $ 3,760 $ (1,675,430 ) 13-Week Period Ended Sep. 29, 2018 Pension and Other Postretirement Benefit Plans, Foreign Currency Translation Hedging, Total (In thousands) Balance as of Jun. 30, 2018 $ (1,095,059 ) $ (171,043 ) $ (143,167 ) $ (1,409,269 ) Equity adjustment from foreign currency translation — (24,927 ) — (24,927 ) Amortization of cash flow hedges — — 2,155 2,155 Change in net investment hedges — — 8,588 8,588 Change in cash flow hedges — — (3,008 ) (3,008 ) Net actuarial loss (32,511 ) — — (32,511 ) Amortization of unrecognized prior service cost 1,600 — — 1,600 Amortization of unrecognized net actuarial losses 6,529 — — 6,529 Balance as of Sep. 29, 2018 $ (1,119,441 ) $ (195,970 ) $ (135,432 ) $ (1,450,843 )

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]
Share-Based Compensation	SHARE-BASED COMPENSATION Sysco provides compensation benefits to employees under several share-based payment arrangements, including various long-term employee stock incentive plans and the 2015 Employee Stock Purchase Plan (ESPP). Stock Incentive Plans In the first quarter of fiscal 2020 , options to purchase 2,291,085 shares were granted to employees. 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 grant-date fair value per option granted during the first quarter of fiscal 2020 was $10.40 . In the first quarter of fiscal 2020 , 512,765 performance share units (PSUs) were granted to employees. Based on the jurisdiction in which the employee resides, some of these PSUs were granted with forfeitable dividend equivalents. The fair value of each PSU award granted with a dividend equivalent is based on the company’s stock price as of the date of grant. For PSUs 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 PSU granted during the first quarter of fiscal 2020 was $72.66 . The PSUs will convert into shares of Sysco common stock at the end of the performance period based on financial performance targets consisting of Sysco’s adjusted earnings per share compound annual growth rate and adjusted return on invested capital. Employee Stock Purchase Plan Plan participants purchased 240,802 shares of common stock under the Sysco ESPP during the first quarter of fiscal 2020 . The weighted average fair value per employee stock purchase right issued pursuant to the ESPP was $10.61 during the first quarter of fiscal 2020 . The fair value of each stock purchase right is estimated as the difference between the stock price at the date of issuance and the employee purchase price. All Share-Based Payment Arrangements The total share-based compensation cost that has been recognized in results of operations was $21.4 million and $29.2 million for the first quarter of fiscal 2020 and fiscal 2019 , respectively. As of September 28, 2019 , there was $136.8 million of total unrecognized compensation cost related to share-based compensation arrangements. This cost is expected to be recognized over a weighted-average period of 2.06 years .

Income Taxes

Income Taxes	3 Months Ended
	Sep. 28, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Effective Tax Rate The effective tax rates for the first quarters of fiscal 2020 and 2019 were 22.01% and 19.88% , respectively. As compared to the company’s statutory tax rate, the lower effective tax rate for the first quarter of fiscal 2020 was primarily due to the favorable impact of excess tax benefits of equity-based compensation that totaled $15.7 million . The lower effective tax rate for the first quarter of 2019 was primarily due to the favorable impact of excess tax benefits of equity-based compensation that totaled $14.3 million and the release of certain tax contingencies due to the lapse of statutes of limitations. Uncertain Tax Positions As of September 28, 2019 , the gross amount of unrecognized tax benefit and related accrued interest was $23.9 million and $3.8 million , respectively. It is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the company’s unrecognized tax positions will increase or decrease in the next twelve months. At this time, an estimate of the range of the reasonably possible change cannot be made. Other The determination of the company’s provision for income taxes requires judgment, the use of estimates and the interpretation and application of complex tax laws. The company’s provision for income taxes 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 the company’s change in the mix of earnings from these taxing jurisdictions all affect the overall effective tax rate.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 28, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Legal Proceedings Sysco is engaged in various legal proceedings that have arisen but have not been fully adjudicated. The likelihood of loss for these legal proceedings, based on definitions within contingency accounting literature, ranges from remote to reasonably possible to probable. When probable and reasonably estimable, the losses have been accrued. Although the final results of legal proceedings cannot be predicted with certainty, based on estimates of the range of potential losses associated with these matters, management does not believe 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.

Business Segment Information

Business Segment Information	3 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Business Segment Information	BUSINESS SEGMENT INFORMATION The company has aggregated certain of its operating segments into three reportable segments. “Other” financial information is attributable to the company’s other operating segments that do not meet the quantitative disclosure thresholds. • U.S. Foodservice Operations - primarily includes U.S. Broadline operations, which distribute a full line of food products including custom-cut meat, seafood, specialty produce, specialty imports and a wide variety of non-food products; • International Foodservice Operations - primarily includes operations that the company has grouped into Canada, Latin America and Europe, which distribute a full line of food products and a wide variety of non-food products. Latin America primarily consists of operations in Bahamas, Mexico, Costa Rica and Panama, as well as our operations that distribute to international customers. Our European operations primarily consist of operations in the United Kingdom, France, Ireland and Sweden; • SYGMA - our U.S. customized distribution subsidiary; and • Other - primarily our hotel supply operations and Sysco Labs, which includes our suite of technology solutions that help support the business needs of our customers and provide support for some of our business technology needs. The accounting policies for the segments are the same as those disclosed by Sysco for its consolidated financial statements. Corporate expenses generally include all expenses of the corporate office and Sysco’s shared services center. These expenses also include all share-based compensation costs. The following tables set forth certain financial information for Sysco’s reportable business segments. Sysco reclassified prior year amounts to conform to the current year presentation of net periodic pension and postretirement benefit costs in accordance with ASU 2017-07. 13-Week Period Ended Sep. 28, 2019 Sep. 29, 2018 Sales: (In thousands) U.S. Foodservice Operations $ 10,658,633 $ 10,399,411 International Foodservice Operations 2,912,388 2,920,950 SYGMA 1,446,994 1,621,457 Other 284,990 273,461 Total $ 15,303,005 $ 15,215,279 13-Week Period Ended Sep. 28, 2019 Sep. 29, 2018 Operating income: (In thousands) U.S. Foodservice Operations $ 861,406 $ 815,758 International Foodservice Operations 54,800 66,772 SYGMA 7,570 2,431 Other 10,137 10,335 Total segments 933,913 895,296 Corporate (265,595 ) (267,156 ) Total operating income 668,318 628,140 Interest expense 83,335 89,016 Other expense (income), net 3,112 1,132 Earnings before income taxes $ 581,871 $ 537,992

Supplemental Guarantor Informat

Supplemental Guarantor Information - Subsidiary Guarantees	3 Months Ended
	Sep. 28, 2019
Guarantees [Abstract]
Supplemental Guarantor Information - Subsidiary Guarantees	SUPPLEMENTAL GUARANTOR INFORMATION - SUBSIDIARY GUARANTEES On January 19, 2011, the wholly owned U.S. Broadline subsidiaries of Sysco Corporation at that time entered into full and unconditional guarantees of all outstanding senior notes and debentures of Sysco Corporation. All subsequent issuances of senior notes and debentures in the U.S. have also been guaranteed by these subsidiaries. As of September 28, 2019 , Sysco had a total of $7.5 billion in senior notes and debentures that was covered by these guarantees. All subsidiary guarantors are 100% owned by the parent company, all guarantees are full and unconditional, and all guarantees are joint and several, except that the guarantee of any subsidiary guarantor with respect to a series of senior notes or debentures may be released under certain customary circumstances. If we exercise our defeasance option with respect to the senior notes or debentures of any series, then any subsidiary guarantor effectively will be released with respect to that series. Further, each subsidiary guarantee will remain in full force and effect until the earliest to occur of the date, if any, on which (1) the applicable subsidiary guarantor shall consolidate with or merge into Sysco Corporation or any successor of Sysco Corporation or (2) Sysco Corporation or any successor of Sysco Corporation consolidates with or merges into the applicable subsidiary guarantor. The following condensed consolidating financial statements present separately the financial position, comprehensive income and cash flows of the parent issuer (Sysco Corporation), the guarantors (certain of the company’s U.S. Broadline subsidiaries), and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis with eliminating entries. Condensed Consolidated Balance Sheet Sep. 28, 2019 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Current assets $ 172,317 $ 4,548,019 $ 3,763,828 $ — $ 8,484,164 Intercompany receivables 6,517,293 148,589 3,229,688 (9,895,570 ) — Investment in subsidiaries 5,305,887 — 1,255,862 (6,561,749 ) — Plant and equipment, net 242,040 2,184,301 2,066,675 — 4,493,016 Other assets 817,530 729,136 4,974,095 (541,366 ) 5,979,395 Total assets $ 13,055,067 $ 7,610,045 $ 15,290,148 $ (16,998,685 ) $ 18,956,575 Current liabilities $ 443,234 $ 1,061,795 $ 4,596,442 $ — $ 6,101,471 Intercompany payables 1,307,665 3,261,317 5,326,588 (9,895,570 ) — Long-term debt 8,192,123 10,747 434,836 — 8,637,706 Other liabilities 657,297 551,789 1,061,902 (541,366 ) 1,729,622 Noncontrolling interest — — 33,028 — 33,028 Shareholders’ equity 2,454,748 2,724,397 3,837,352 (6,561,749 ) 2,454,748 Total liabilities and shareholders’ equity $ 13,055,067 $ 7,610,045 $ 15,290,148 $ (16,998,685 ) $ 18,956,575 Condensed Consolidated Balance Sheet Jun. 29, 2019 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Current assets $ 121,993 $ 4,195,543 $ 3,823,969 $ — $ 8,141,505 Intercompany receivables 6,162,303 30,469 3,220,237 (9,413,009 ) — Investment in subsidiaries 4,680,530 — 1,126,315 (5,806,845 ) — Plant and equipment, net 252,101 2,162,668 2,086,936 — 4,501,705 Other assets 787,986 718,600 4,372,725 (555,999 ) 5,323,312 Total assets $ 12,004,913 $ 7,107,280 $ 14,630,182 $ (15,775,853 ) $ 17,966,522 Current liabilities $ 465,101 $ 1,018,650 $ 4,619,432 $ — $ 6,103,183 Intercompany payables 686,116 3,443,182 5,283,711 (9,413,009 ) — Long-term debt 7,668,314 7,938 445,806 — 8,122,058 Other liabilities 682,779 545,391 531,081 (555,999 ) 1,203,252 Noncontrolling interest — — 35,426 — 35,426 Shareholders’ equity 2,502,603 2,092,119 3,714,726 (5,806,845 ) 2,502,603 Total liabilities and shareholders’ equity $ 12,004,913 $ 7,107,280 $ 14,630,182 $ (15,775,853 ) $ 17,966,522 Condensed Consolidated Statement of Comprehensive Income For the 13-Week Period Ended Sep. 28, 2019 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Sales $ — $ 9,810,408 $ 6,043,288 $ (550,691 ) $ 15,303,005 Cost of sales — 7,910,440 4,999,886 (550,691 ) 12,359,635 Gross profit — 1,899,968 1,043,402 — 2,943,370 Operating expenses 198,840 1,075,837 1,000,375 — 2,275,052 Operating income (loss) (198,840 ) 824,131 43,027 — 668,318 Interest expense (income) (1) 107,336 (20,528 ) (3,473 ) — 83,335 Other expense (income), net 7,053 (167 ) (3,774 ) — 3,112 Earnings (losses) before income taxes (313,229 ) 844,826 50,274 — 581,871 Income tax (benefit) provision (98,500 ) 212,546 14,044 — 128,090 Equity in earnings of subsidiaries 668,510 — 129,548 (798,058 ) — Net earnings 453,781 632,280 165,778 (798,058 ) 453,781 Other comprehensive income (loss) (75,701 ) — (126,159 ) 126,159 (75,701 ) Comprehensive income $ 378,080 $ 632,280 $ 39,619 $ (671,899 ) $ 378,080 (1) Interest expense (income) includes $20.5 million of intercompany interest income, net, for certain of the U.S. Broadline subsidiaries, which is intercompany interest expense for Sysco Corporation for the first quarter ended September 28, 2019 . There is an immaterial amount of intercompany interest expense related to Sysco Corporation for the Other Non-Guarantor Subsidiaries. Condensed Consolidated Statement of Comprehensive Income For the 13-Week Period Ended Sep. 29, 2018 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Sales $ — $ 9,479,806 $ 6,234,158 $ (498,685 ) $ 15,215,279 Cost of sales — 7,660,101 5,150,078 (498,685 ) 12,311,494 Gross profit — 1,819,705 1,084,080 — 2,903,785 Operating expenses 220,281 1,052,350 1,003,014 — 2,275,645 Operating income (loss) (220,281 ) 767,355 81,066 — 628,140 Interest expense (income) (1) 41,413 (21,538 ) 69,141 — 89,016 Other expense (income), net 6,600 (54 ) (5,414 ) — 1,132 Earnings (losses) before income taxes (268,294 ) 788,947 17,339 — 537,992 Income tax (benefit) provision (93,587 ) 196,445 4,092 — 106,950 Equity in earnings of subsidiaries 605,750 — 94,341 (700,091 ) — Net earnings 431,043 592,502 107,588 (700,091 ) 431,042 Other comprehensive income (loss) (41,574 ) — (24,927 ) 24,927 (41,574 ) Comprehensive income $ 389,469 $ 592,502 $ 82,661 $ (675,164 ) $ 389,468 (1) Interest expense (income) includes $21.5 million of intercompany interest income, net, for certain of the U.S. Broadline subsidiaries, which is intercompany interest expense for Sysco Corporation for the first quarter ended September 29, 2018 . There is an immaterial amount of intercompany interest expense related to Sysco Corporation for the Other Non-Guarantor Subsidiaries. Condensed Consolidated Cash Flows For the 13-Week Period Ended Sep. 28, 2019 Sysco Certain U.S. Other Elimination (1) Consolidated (In thousands) Cash flows provided by (used for): Operating activities $ 11,776 $ 69,098 $ 90,705 $ — $ 171,579 Investing activities (49,434 ) (85,903 ) (128,923 ) 17,636 (246,624 ) Financing activities 109,226 742 (29,627 ) (17,636 ) 62,705 Effect of exchange rates on cash — — (5,485 ) — (5,485 ) Net increase (decrease) in cash, cash equivalents and restricted cash 71,568 (16,063 ) (73,330 ) — (17,825 ) Cash, cash equivalents and restricted cash at the beginning of period 29,868 117,643 384,734 — 532,245 Cash, cash equivalents and restricted cash at the end of period $ 101,436 $ 101,580 $ 311,404 $ — $ 514,420 (1) Represents primarily intercompany loans between the subsidiaries and the parent, Sysco Corporation. Condensed Consolidated Cash Flows For the 13-Week Period Ended Sep. 29, 2018 Sysco Certain U.S. Other Elimination (1) Consolidated (In thousands) Cash flows provided by (used for): Operating activities $ 167,767 $ 69,459 $ 33,919 $ — $ 271,145 Investing activities 361,777 (42,188 ) (12,229 ) (406,931 ) (99,571 ) Financing activities (332,988 ) (1,581 ) (3,974 ) 406,931 68,388 Effect of exchange rates on cash — — (2,435 ) — (2,435 ) Net increase (decrease) in cash, cash equivalents and restricted cash 196,556 25,690 15,281 — 237,527 Cash, cash equivalents and restricted cash at the beginning of period 29,144 111,843 574,857 — 715,844 Cash, cash equivalents and restricted cash at the end of period $ 225,700 $ 137,533 $ 590,138 $ — $ 953,371 (1) Represents primarily intercompany loans between the subsidiaries and the parent, Sysco Corporation.

Changes in Accounting (Policies

Changes in Accounting (Policies)	3 Months Ended
	Sep. 28, 2019
Accounting Changes and Error Corrections [Abstract]
New Accounting Standards	Leases In February 2016, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) , specifying the accounting for leases, which supersedes the leases requirements in Topic 840, Leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount and timing of cash flows arising from a lease. The amended guidance requires the recognition of lease assets and lease liabilities on the balance sheet for those leases currently classified as operating leases. In addition, Topic 842 expands the disclosure requirements of lease arrangements. Sysco adopted this ASU and related amendments as of June 30, 2019, the first day of fiscal 2020, under the modified retrospective approach and elected certain practical expedients permitted under the transition guidance, including to retain the historical lease classification, as well as relief from separating and allocating consideration across all categories of leases to lease and non-lease components of an agreement. For leases subject to index or rate adjustments, the most current index or rate adjustments were included in the measurement of operating lease obligations at adoption. The adoption of this ASU and related amendments resulted in Sysco recognizing $647.2 million and $657.9 million of operating lease right-of-use (ROU) assets and operating lease liabilities, respectively, as of June 30, 2019. There were no other significant impacts to the company’s consolidated financial statements. Updated accounting policies and additional lease disclosures as a result of the adoption of this ASU are described in Note 9 , “Leases.”

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of reconciliation of cash, cash equivalents and restricted cash	The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows: Sep. 28, 2019 Sep. 29, 2018 (In thousands) Cash and cash equivalents $ 455,482 $ 790,304 Restricted cash (1) 58,938 163,067 Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows $ 514,420 $ 953,371 (1) Restricted cash primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within Other assets in each consolidated balance sheet.
Restrictions on cash and cash equivalents	The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows: Sep. 28, 2019 Sep. 29, 2018 (In thousands) Cash and cash equivalents $ 455,482 $ 790,304 Restricted cash (1) 58,938 163,067 Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows $ 514,420 $ 953,371 (1) Restricted cash primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within Other assets in each consolidated balance sheet.

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Sep. 28, 2019
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables present our sales disaggregated by reportable segment and sales mix for the company’s principal product categories for the periods presented: 13-Week Period Ended Sep. 28, 2019 US Foodservice Operations International Foodservice Operations SYGMA Other Total (In thousands) Principal Product Categories Fresh and frozen meats $ 2,075,300 $ 412,155 $ 381,377 $ — $ 2,868,832 Canned and dry products 1,898,889 586,625 37,190 — 2,522,704 Frozen fruits, vegetables, bakery and other 1,449,218 552,014 254,455 — 2,255,687 Dairy products 1,148,381 312,178 145,921 — 1,606,480 Poultry 1,090,106 218,600 204,269 — 1,512,975 Fresh produce 998,164 257,758 60,933 — 1,316,855 Paper and disposables 719,540 98,342 168,436 17,373 1,003,691 Seafood 685,410 149,590 24,855 — 859,855 Beverage products 290,785 132,852 143,679 24,329 591,645 Other (1) 302,840 192,274 25,879 243,288 764,281 Total Sales $ 10,658,633 $ 2,912,388 $ 1,446,994 $ 284,990 $ 15,303,005 (1) Other sales relate to non-food products, including textiles and amenities for our hotel supply business, equipment and subscription sales for our Sysco Labs business, and other janitorial products, medical supplies and smallwares. 13-Week Period Ended Sep. 29, 2018 US Foodservice Operations International Foodservice Operations SYGMA Other Total (In thousands) Principal Product Categories Fresh and frozen meats $ 2,121,517 $ 420,456 $ 372,334 $ — $ 2,914,307 Canned and dry products 1,852,168 611,470 77,621 — 2,541,259 Frozen fruits, vegetables, bakery and other 1,423,386 628,559 291,864 — 2,343,809 Dairy products 1,086,404 318,347 154,806 — 1,559,557 Poultry 1,026,936 215,582 272,061 — 1,514,579 Fresh produce 937,580 257,544 64,849 — 1,259,973 Paper and disposables 710,759 104,539 188,616 16,409 1,020,323 Seafood 661,687 188,436 25,385 — 875,508 Beverage products 290,571 52,069 147,294 23,180 513,114 Other (1) 288,403 123,948 26,627 233,872 672,850 Total Sales $ 10,399,411 $ 2,920,950 $ 1,621,457 $ 273,461 $ 15,215,279 (1) Other sales relate to non-food products, including textiles and amenities for our hotel supply business, equipment and subscription sales for our Sysco Labs business, and other janitorial products, medical supplies and smallwares.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Sep. 28, 2019
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value table	The following tables present the company’s assets measured at fair value on a recurring basis as of September 28, 2019 and June 29, 2019 : Assets Measured at Fair Value as of Sep. 28, 2019 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents Cash and cash equivalents $ 108,962 $ 1,400 $ — $ 110,362 Other assets (1) 58,938 — — 58,938 Total assets at fair value $ 167,900 $ 1,400 $ — $ 169,300 (1) Represents restricted cash balance recorded within other assets in the consolidated balance sheet. Assets Measured at Fair Value as of Jun. 29, 2019 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents Cash and cash equivalents $ 72,824 $ 200 $ — $ 73,024 Other assets (1) 18,785 — — 18,785 Total assets at fair value $ 91,609 $ 200 $ — $ 91,809 (1) Represents restricted cash balance recorded within other assets in the consolidated balance sheet.

Marketable Securities (Tables)

Marketable Securities (Tables)	3 Months Ended
	Sep. 28, 2019
Investments, Debt and Equity Securities [Abstract]
Available-for-sale marketable securities	The following table presents the company’s available-for-sale marketable securities as of September 28, 2019 and June 29, 2019 : September 28, 2019 Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-Term Marketable Securities Long-Term Marketable Securities (In thousands) Fixed income securities: Corporate bonds $ 88,505 $ 2,067 $ (2 ) $ 90,570 $ 12,017 $ 78,553 Government bonds 28,834 2,695 — 31,529 — 31,529 Total marketable securities $ 117,339 $ 4,762 $ (2 ) $ 122,099 $ 12,017 $ 110,082 June 29, 2019 Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-Term Marketable Securities Long-Term Marketable Securities (In thousands) Corporate bonds $ 87,540 $ 1,734 $ — $ 89,274 $ 12,006 $ 77,268 Government bonds 28,900 1,845 — 30,745 — 30,745 Total marketable securities $ 116,440 $ 3,579 $ — $ 120,019 $ 12,006 $ 108,013

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Sep. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of outstanding swap agreements	Details of outstanding hedging instruments as of September 28, 2019 are presented below: Maturity Date of the Hedging Instrument Currency / Unit of Measure Notional Value (In millions) Hedging of interest rate risk October 2020 U.S. Dollar 750 July 2021 U.S. Dollar 500 June 2023 Euro 500 March 2025 U.S. Dollar 500 Hedging of foreign currency risk Various (September 30, 2019 to January 2020) Swedish Krona 280 Various (October 2019 to June 2020) British Pound Sterling 23 June 2021 Canadian Dollar 187 July 2021 British Pound Sterling 234 August 2021 British Pound Sterling 466 June 2023 Euro 500 Hedging of fuel risk Various (September 30, 2019 to September 2020) Gallons 55
Derivatives balance sheet location table	The location and the fair value of derivative instruments designated as hedges in the consolidated balance sheet as of September 28, 2019 and June 29, 2019 are as follows: Derivative Fair Value Balance Sheet location Sep. 28, 2019 Jun. 29, 2019 (In thousands) Fair Value Hedges: Interest rate swaps Other assets $ 44,407 $ 37,396 Interest rate swaps Other long-term liabilities 6,061 9,285 Cash Flow Hedges: Fuel Swaps Other current assets $ 16 $ 154 Foreign currency forwards Other current assets 275 624 Fuel swaps Other assets — 136 Cross currency swaps Other assets 21,046 8,592 Fuel Swaps Other current liabilities 6,262 6,537 Foreign currency forwards Other current liabilities 591 162 Fuel swaps Other long-term liabilities 28 239 Net Investment Hedges: Foreign currency swaps Other assets $ 28,171 $ 18,614 Foreign currency swaps Other long-term liabilities — 9,973 The location and carrying amount of hedged liabilities in the consolidated balance sheet as of September 28, 2019 are as follows: Sep. 28, 2019 Carrying Amount of Hedged Assets (Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets (Liabilities) (In thousands) Balance sheet location: Long-term debt $ (2,312,113 ) $ (38,795 ) The location and carrying amount of hedged liabilities in the consolidated balance sheet as of June 29, 2019 are as follows: Jun. 29, 2019 Carrying Amount of Hedged Assets (Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets (Liabilities) (In thousands) Balance sheet location: Long-term debt $ (2,311,636 ) $ (28,616 )
Schedule of location and effect of derivative instruments and related hedged items	The location and amount of gains or losses recognized in the consolidated results of operations for fair value hedging relationships for each of the periods, presented on a pretax basis, are as follows: 13-Week Period Ended Sep. 28, 2019 Cost of Sales Operating Expense Interest Expense (In thousands) Total amounts of income and expense line items presented in the consolidated results of operations in which the effects of fair value or cash flow hedges are recorded $ 12,359,635 $ 2,275,052 $ 83,335 Gain or (loss) on fair value hedging relationships: Interest rate swaps: Hedged items (1) $ — $ — $ (24,736 ) Derivatives designated as hedging instruments — — 8,857 (1) The hedged total includes interest expense of $14.6 million and change in fair value of debt of $10.2 million . 13-Week Period Ended Sep. 29, 2018 Cost of Sales Operating Expense Interest Expense (In thousands) Total amounts of income and expense line items presented in the consolidated results of operations in which the effects of fair value or cash flow hedges are recorded $ 12,311,494 $ 2,275,645 $ 89,016 Gain or (loss) on fair value hedging relationships: Interest rate swaps: Hedged items (1) $ — $ — $ (8,588 ) Derivatives designated as hedging instruments — — (10,859 ) (1) The hedged total includes interest expense of $15.1 million and change in fair value of debt of $6.5 million . The location and effect of cash flow and net investment hedge accounting on the consolidated statements of comprehensive income for the 13 -week periods ended September 28, 2019 and September 29, 2018 , presented on a pretax basis, are as follows: 13-Week Period Ended Sep. 28, 2019 Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (In thousands) (In thousands) Derivatives in cash flow hedging relationships: Fuel swaps $ 344 Operating expense $ (3,406 ) Foreign currency contracts 12,307 Cost of sales 2 Total $ 12,651 $ (3,404 ) Derivatives in net investment hedging relationships: Foreign currency contracts $ 20,852 N/A $ — Foreign denominated debt 21,450 N/A — Total $ 42,302 $ — 13-Week Period Ended Sep. 29, 2018 Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (In thousands) (In thousands) Derivatives in cash flow hedging relationships: Fuel swaps $ 1,026 Operating expense $ 4,353 Foreign currency contracts (4,803 ) Cost of sales 483 Total $ (3,777 ) $ 4,836 Derivatives in net investment hedging relationships: Foreign currency contracts $ 7,228 N/A $ — Foreign denominated debt 3,950 N/A — Total $ 11,178 $ —

Leases (Tables)

Leases (Tables)	3 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Schedule of Leases, Financial Statement Presentation	The following table presents the location of the finance lease ROU assets and lease liabilities in the company’s Consolidated Balance Sheet at September 28, 2019 : Consolidated Balance Sheet Location September 28, 2019 (In thousands) Finance lease right-of-use assets Plant and equipment at cost, less accumulated depreciation $ 92,052 Current finance lease liabilities Current maturities of long-term debt 27,300 Long-term finance lease liabilities Long-term debt 69,213
Schedule of Lease Costs	The following table presents lease costs for the 13 -week period ended September 28, 2019 : Consolidated Results of Operations Location 13-Week Period Ended Sep. 28, 2019 (In thousands) Operating lease cost Operating expenses $ 30,425 Financing lease cost: Amortization of right-of-use assets Operating expenses 8,613 Interest on lease obligations Interest expense 1,182 Variable lease cost Operating expenses 468 Short-term lease cost Operating expenses 2,896 Net lease cost $ 43,584 Other information related to lease agreements was as follows: 13-Week Period Ended Sep. 28, 2019 Cash Paid For Amounts Included In Measurement of Liabilities: (Dollars in thousands) Operating cash flows for operating leases $ 30,597 Operating cash flows for financing leases 1,182 Financing cash flows for financing leases 7,232 Supplemental Non-cash Information on Lease Liabilities: Assets obtained in exchange for operating lease obligations $ 5,781 Assets obtained in exchange for finance lease obligations 1,553 Lease Term and Discount Rate: Weighted-average remaining lease term (years): Operating leases 11.35 years Financing leases 4.34 years Weighted-average discount rate: Operating leases 2.39 % Financing leases 4.96 %
Schedule of Minimum Operating Lease Obligations	Future minimum lease obligations under existing noncancelable operating and finance lease agreements by fiscal year as of September 28, 2019 are as follows: Operating Leases Finance Leases (In thousands) Remainder of fiscal 2020 $ 88,622 $ 24,112 2021 109,589 27,829 2022 84,288 20,370 2023 68,088 14,046 2024 46,874 8,912 2025 43,721 5,742 Thereafter 322,335 6,378 Total undiscounted lease obligations 763,517 107,389 Less imputed interest (115,407 ) (10,876 ) Present value of lease obligations $ 648,110 $ 96,513
Schedule of Minimum Finance Lease Obligations	Future minimum lease obligations under existing noncancelable operating and finance lease agreements by fiscal year as of September 28, 2019 are as follows: Operating Leases Finance Leases (In thousands) Remainder of fiscal 2020 $ 88,622 $ 24,112 2021 109,589 27,829 2022 84,288 20,370 2023 68,088 14,046 2024 46,874 8,912 2025 43,721 5,742 Thereafter 322,335 6,378 Total undiscounted lease obligations 763,517 107,389 Less imputed interest (115,407 ) (10,876 ) Present value of lease obligations $ 648,110 $ 96,513

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Sep. 28, 2019
Earnings Per Share, Basic [Abstract]
Computation of basic and diluted earnings per share table	The following table sets forth the computation of basic and diluted earnings per share: 13-Week Period Ended Sep. 28, 2019 Sep. 29, 2018 (In thousands, except for share Numerator: Net earnings $ 453,781 $ 431,042 Denominator: Weighted-average basic shares outstanding 513,496,296 520,856,599 Dilutive effect of share-based awards 5,265,160 8,177,871 Weighted-average diluted shares outstanding 518,761,456 529,034,470 Basic earnings per share $ 0.88 $ 0.83 Diluted earnings per share $ 0.87 $ 0.81

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	3 Months Ended
	Sep. 28, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Summary of components of other comprehensive (loss) income and related tax effects	A summary of the components of other comprehensive income (loss) and the related tax effects for each of the periods presented is as follows: 13-Week Period Ended Sep. 28, 2019 Location of Expense (Income) Recognized in Net Earnings Before Tax Tax Net of Tax (In thousands) Pension and other postretirement benefit plans: Reclassification adjustments: Amortization of prior service cost Other expense, net $ 1,905 $ 477 $ 1,428 Amortization of actuarial loss, net Other expense, net 8,942 2,259 6,683 Total reclassification adjustments 10,847 2,736 8,111 Foreign currency translation: Foreign currency translation adjustment N/A (126,159 ) — (126,159 ) Marketable securities: Change in marketable securities (1) N/A 1,181 248 933 Hedging instruments: Other comprehensive income (loss) before reclassification adjustments: Change in cash flow hedges Operating expenses (2) 12,651 3,392 9,259 Change in net investment hedges N/A 42,302 12,302 30,000 Total other comprehensive income (loss) before reclassification adjustments 54,953 15,694 39,259 Reclassification adjustments: Amortization of cash flow hedges Interest expense 2,874 719 2,155 Total other comprehensive (loss) income $ (56,304 ) $ 19,397 $ (75,701 ) (1) Realized gains or losses on marketable securities are presented within Other (income) expense, net in the Consolidated Results of Operations; however, there were no significant gains or losses realized in the first quarter of 2020 . (2) Amount partially impacts operating expense for fuel swaps accounted for as cash flow hedges. 13-Week Period Ended Sep. 29, 2018 Location of Expense (Income) Recognized in Net Earnings Before Tax Tax Net of Tax (In thousands) Pension and other postretirement benefit plans: Other comprehensive income before reclassification adjustments: Net actuarial (loss) gain, arising in the current year $ (36,891 ) $ (4,380 ) $ (32,511 ) Reclassification adjustments: Amortization of prior service cost Other expense, net 2,133 533 1,600 Amortization of actuarial loss (gain), net Other expense, net 8,706 2,177 6,529 Total reclassification adjustments 10,839 2,710 8,129 Foreign currency translation: Other comprehensive income (loss) before Foreign currency translation adjustment N/A (24,927 ) — (24,927 ) Hedging instruments: Other comprehensive income (loss) before reclassification adjustments: Change in cash flow hedges Operating expenses (1) (3,777 ) (769 ) (3,008 ) Change in net investment hedges N/A 11,178 2,590 8,588 Total other comprehensive income (loss) before reclassification adjustments 7,401 1,821 5,580 Reclassification adjustments: Amortization of cash flow hedges Interest expense 2,873 718 2,155 Total other comprehensive income (loss) $ (40,705 ) $ 869 $ (41,574 ) (1) Amount partially impacts operating expense for fuel swaps accounted for as cash flow hedges.
Rollforward of accumulated other comprehensive (loss) income	The following tables provide a summary of the changes in accumulated other comprehensive (loss) income for the periods presented: 13-Week Period Ended Sep. 28, 2019 Pension and Other Postretirement Benefit Plans, Foreign Currency Translation Hedging, Marketable Securities, net of tax Total (In thousands) Balance as of Jun. 29, 2019 $ (1,217,617 ) $ (290,169 ) $ (94,770 ) $ 2,827 $ (1,599,729 ) Equity adjustment from foreign currency translation — (126,159 ) — — (126,159 ) Amortization of cash flow hedges — — 2,155 — 2,155 Change in net investment hedges — — 30,000 — 30,000 Change in cash flow hedge — — 9,259 — 9,259 Amortization of unrecognized prior service cost 1,428 — — — 1,428 Amortization of unrecognized net actuarial losses 6,683 — — — 6,683 Change in marketable securities — — — 933 933 Balance as of Sep. 28, 2019 $ (1,209,506 ) $ (416,328 ) $ (53,356 ) $ 3,760 $ (1,675,430 ) 13-Week Period Ended Sep. 29, 2018 Pension and Other Postretirement Benefit Plans, Foreign Currency Translation Hedging, Total (In thousands) Balance as of Jun. 30, 2018 $ (1,095,059 ) $ (171,043 ) $ (143,167 ) $ (1,409,269 ) Equity adjustment from foreign currency translation — (24,927 ) — (24,927 ) Amortization of cash flow hedges — — 2,155 2,155 Change in net investment hedges — — 8,588 8,588 Change in cash flow hedges — — (3,008 ) (3,008 ) Net actuarial loss (32,511 ) — — (32,511 ) Amortization of unrecognized prior service cost 1,600 — — 1,600 Amortization of unrecognized net actuarial losses 6,529 — — 6,529 Balance as of Sep. 29, 2018 $ (1,119,441 ) $ (195,970 ) $ (135,432 ) $ (1,450,843 )

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Business segment table	The following tables set forth certain financial information for Sysco’s reportable business segments. Sysco reclassified prior year amounts to conform to the current year presentation of net periodic pension and postretirement benefit costs in accordance with ASU 2017-07. 13-Week Period Ended Sep. 28, 2019 Sep. 29, 2018 Sales: (In thousands) U.S. Foodservice Operations $ 10,658,633 $ 10,399,411 International Foodservice Operations 2,912,388 2,920,950 SYGMA 1,446,994 1,621,457 Other 284,990 273,461 Total $ 15,303,005 $ 15,215,279 13-Week Period Ended Sep. 28, 2019 Sep. 29, 2018 Operating income: (In thousands) U.S. Foodservice Operations $ 861,406 $ 815,758 International Foodservice Operations 54,800 66,772 SYGMA 7,570 2,431 Other 10,137 10,335 Total segments 933,913 895,296 Corporate (265,595 ) (267,156 ) Total operating income 668,318 628,140 Interest expense 83,335 89,016 Other expense (income), net 3,112 1,132 Earnings before income taxes $ 581,871 $ 537,992

Supplemental Guarantor Inform_2

Supplemental Guarantor Information - Subsidiary Guarantees (Tables)	3 Months Ended
	Sep. 28, 2019
Guarantees [Abstract]
Condensed consolidating balance sheet table	The following condensed consolidating financial statements present separately the financial position, comprehensive income and cash flows of the parent issuer (Sysco Corporation), the guarantors (certain of the company’s U.S. Broadline subsidiaries), and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor Subsidiaries) on a combined basis with eliminating entries. Condensed Consolidated Balance Sheet Sep. 28, 2019 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Current assets $ 172,317 $ 4,548,019 $ 3,763,828 $ — $ 8,484,164 Intercompany receivables 6,517,293 148,589 3,229,688 (9,895,570 ) — Investment in subsidiaries 5,305,887 — 1,255,862 (6,561,749 ) — Plant and equipment, net 242,040 2,184,301 2,066,675 — 4,493,016 Other assets 817,530 729,136 4,974,095 (541,366 ) 5,979,395 Total assets $ 13,055,067 $ 7,610,045 $ 15,290,148 $ (16,998,685 ) $ 18,956,575 Current liabilities $ 443,234 $ 1,061,795 $ 4,596,442 $ — $ 6,101,471 Intercompany payables 1,307,665 3,261,317 5,326,588 (9,895,570 ) — Long-term debt 8,192,123 10,747 434,836 — 8,637,706 Other liabilities 657,297 551,789 1,061,902 (541,366 ) 1,729,622 Noncontrolling interest — — 33,028 — 33,028 Shareholders’ equity 2,454,748 2,724,397 3,837,352 (6,561,749 ) 2,454,748 Total liabilities and shareholders’ equity $ 13,055,067 $ 7,610,045 $ 15,290,148 $ (16,998,685 ) $ 18,956,575 Condensed Consolidated Balance Sheet Jun. 29, 2019 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Current assets $ 121,993 $ 4,195,543 $ 3,823,969 $ — $ 8,141,505 Intercompany receivables 6,162,303 30,469 3,220,237 (9,413,009 ) — Investment in subsidiaries 4,680,530 — 1,126,315 (5,806,845 ) — Plant and equipment, net 252,101 2,162,668 2,086,936 — 4,501,705 Other assets 787,986 718,600 4,372,725 (555,999 ) 5,323,312 Total assets $ 12,004,913 $ 7,107,280 $ 14,630,182 $ (15,775,853 ) $ 17,966,522 Current liabilities $ 465,101 $ 1,018,650 $ 4,619,432 $ — $ 6,103,183 Intercompany payables 686,116 3,443,182 5,283,711 (9,413,009 ) — Long-term debt 7,668,314 7,938 445,806 — 8,122,058 Other liabilities 682,779 545,391 531,081 (555,999 ) 1,203,252 Noncontrolling interest — — 35,426 — 35,426 Shareholders’ equity 2,502,603 2,092,119 3,714,726 (5,806,845 ) 2,502,603 Total liabilities and shareholders’ equity $ 12,004,913 $ 7,107,280 $ 14,630,182 $ (15,775,853 ) $ 17,966,522
Condensed consolidating statement of comprehensive income table	Condensed Consolidated Statement of Comprehensive Income For the 13-Week Period Ended Sep. 28, 2019 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Sales $ — $ 9,810,408 $ 6,043,288 $ (550,691 ) $ 15,303,005 Cost of sales — 7,910,440 4,999,886 (550,691 ) 12,359,635 Gross profit — 1,899,968 1,043,402 — 2,943,370 Operating expenses 198,840 1,075,837 1,000,375 — 2,275,052 Operating income (loss) (198,840 ) 824,131 43,027 — 668,318 Interest expense (income) (1) 107,336 (20,528 ) (3,473 ) — 83,335 Other expense (income), net 7,053 (167 ) (3,774 ) — 3,112 Earnings (losses) before income taxes (313,229 ) 844,826 50,274 — 581,871 Income tax (benefit) provision (98,500 ) 212,546 14,044 — 128,090 Equity in earnings of subsidiaries 668,510 — 129,548 (798,058 ) — Net earnings 453,781 632,280 165,778 (798,058 ) 453,781 Other comprehensive income (loss) (75,701 ) — (126,159 ) 126,159 (75,701 ) Comprehensive income $ 378,080 $ 632,280 $ 39,619 $ (671,899 ) $ 378,080 (1) Interest expense (income) includes $20.5 million of intercompany interest income, net, for certain of the U.S. Broadline subsidiaries, which is intercompany interest expense for Sysco Corporation for the first quarter ended September 28, 2019 . There is an immaterial amount of intercompany interest expense related to Sysco Corporation for the Other Non-Guarantor Subsidiaries. Condensed Consolidated Statement of Comprehensive Income For the 13-Week Period Ended Sep. 29, 2018 Sysco Certain U.S. Other Eliminations Consolidated (In thousands) Sales $ — $ 9,479,806 $ 6,234,158 $ (498,685 ) $ 15,215,279 Cost of sales — 7,660,101 5,150,078 (498,685 ) 12,311,494 Gross profit — 1,819,705 1,084,080 — 2,903,785 Operating expenses 220,281 1,052,350 1,003,014 — 2,275,645 Operating income (loss) (220,281 ) 767,355 81,066 — 628,140 Interest expense (income) (1) 41,413 (21,538 ) 69,141 — 89,016 Other expense (income), net 6,600 (54 ) (5,414 ) — 1,132 Earnings (losses) before income taxes (268,294 ) 788,947 17,339 — 537,992 Income tax (benefit) provision (93,587 ) 196,445 4,092 — 106,950 Equity in earnings of subsidiaries 605,750 — 94,341 (700,091 ) — Net earnings 431,043 592,502 107,588 (700,091 ) 431,042 Other comprehensive income (loss) (41,574 ) — (24,927 ) 24,927 (41,574 ) Comprehensive income $ 389,469 $ 592,502 $ 82,661 $ (675,164 ) $ 389,468 (1) Interest expense (income) includes $21.5 million of intercompany interest income, net, for certain of the U.S. Broadline subsidiaries, which is intercompany interest expense for Sysco Corporation for the first quarter ended September 29, 2018 . There is an immaterial amount of intercompany interest expense related to Sysco Corporation for the Other Non-Guarantor Subsidiaries.
Condensed consolidating cash flows table	Condensed Consolidated Cash Flows For the 13-Week Period Ended Sep. 28, 2019 Sysco Certain U.S. Other Elimination (1) Consolidated (In thousands) Cash flows provided by (used for): Operating activities $ 11,776 $ 69,098 $ 90,705 $ — $ 171,579 Investing activities (49,434 ) (85,903 ) (128,923 ) 17,636 (246,624 ) Financing activities 109,226 742 (29,627 ) (17,636 ) 62,705 Effect of exchange rates on cash — — (5,485 ) — (5,485 ) Net increase (decrease) in cash, cash equivalents and restricted cash 71,568 (16,063 ) (73,330 ) — (17,825 ) Cash, cash equivalents and restricted cash at the beginning of period 29,868 117,643 384,734 — 532,245 Cash, cash equivalents and restricted cash at the end of period $ 101,436 $ 101,580 $ 311,404 $ — $ 514,420 (1) Represents primarily intercompany loans between the subsidiaries and the parent, Sysco Corporation. Condensed Consolidated Cash Flows For the 13-Week Period Ended Sep. 29, 2018 Sysco Certain U.S. Other Elimination (1) Consolidated (In thousands) Cash flows provided by (used for): Operating activities $ 167,767 $ 69,459 $ 33,919 $ — $ 271,145 Investing activities 361,777 (42,188 ) (12,229 ) (406,931 ) (99,571 ) Financing activities (332,988 ) (1,581 ) (3,974 ) 406,931 68,388 Effect of exchange rates on cash — — (2,435 ) — (2,435 ) Net increase (decrease) in cash, cash equivalents and restricted cash 196,556 25,690 15,281 — 237,527 Cash, cash equivalents and restricted cash at the beginning of period 29,144 111,843 574,857 — 715,844 Cash, cash equivalents and restricted cash at the end of period $ 225,700 $ 137,533 $ 590,138 $ — $ 953,371 (1) Represents primarily intercompany loans between the subsidiaries and the parent, Sysco Corporation.

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 455,482	$ 513,460	$ 790,304
Restricted cash	58,938		163,067
Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows	$ 514,420	$ 532,245	$ 953,371	$ 715,844

Changes in Accounting (Details)

Changes in Accounting (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 30, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets, net	$ 626,580
Present value of lease obligations	$ 648,110
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets, net		$ 647,200
Present value of lease obligations		$ 657,900

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Jun. 29, 2019
Disaggregation of Revenue [Line Items]
Customer receivables included in accounts and notes receivable, net	$ 4,100,000		$ 3,900,000
Revenue	15,303,005	$ 15,215,279
Fresh and frozen meats
Disaggregation of Revenue [Line Items]
Revenue	2,868,832	2,914,307
Canned and dry products
Disaggregation of Revenue [Line Items]
Revenue	2,522,704	2,541,259
Frozen fruits, vegetables, bakery and other
Disaggregation of Revenue [Line Items]
Revenue	2,255,687	2,343,809
Dairy products
Disaggregation of Revenue [Line Items]
Revenue	1,606,480	1,559,557
Poultry
Disaggregation of Revenue [Line Items]
Revenue	1,512,975	1,514,579
Fresh produce
Disaggregation of Revenue [Line Items]
Revenue	1,316,855	1,259,973
Paper and disposables
Disaggregation of Revenue [Line Items]
Revenue	1,003,691	1,020,323
Seafood
Disaggregation of Revenue [Line Items]
Revenue	859,855	875,508
Beverage products
Disaggregation of Revenue [Line Items]
Revenue	591,645	513,114
Other
Disaggregation of Revenue [Line Items]
Revenue	764,281	672,850
U.S. Foodservice Operations
Disaggregation of Revenue [Line Items]
Revenue	10,658,633	10,399,411
U.S. Foodservice Operations | Fresh and frozen meats
Disaggregation of Revenue [Line Items]
Revenue	2,075,300	2,121,517
U.S. Foodservice Operations | Canned and dry products
Disaggregation of Revenue [Line Items]
Revenue	1,898,889	1,852,168
U.S. Foodservice Operations | Frozen fruits, vegetables, bakery and other
Disaggregation of Revenue [Line Items]
Revenue	1,449,218	1,423,386
U.S. Foodservice Operations | Dairy products
Disaggregation of Revenue [Line Items]
Revenue	1,148,381	1,086,404
U.S. Foodservice Operations | Poultry
Disaggregation of Revenue [Line Items]
Revenue	1,090,106	1,026,936
U.S. Foodservice Operations | Fresh produce
Disaggregation of Revenue [Line Items]
Revenue	998,164	937,580
U.S. Foodservice Operations | Paper and disposables
Disaggregation of Revenue [Line Items]
Revenue	719,540	710,759
U.S. Foodservice Operations | Seafood
Disaggregation of Revenue [Line Items]
Revenue	685,410	661,687
U.S. Foodservice Operations | Beverage products
Disaggregation of Revenue [Line Items]
Revenue	290,785	290,571
U.S. Foodservice Operations | Other
Disaggregation of Revenue [Line Items]
Revenue	302,840	288,403
International Foodservice Operations
Disaggregation of Revenue [Line Items]
Revenue	2,912,388	2,920,950
International Foodservice Operations | Fresh and frozen meats
Disaggregation of Revenue [Line Items]
Revenue	412,155	420,456
International Foodservice Operations | Canned and dry products
Disaggregation of Revenue [Line Items]
Revenue	586,625	611,470
International Foodservice Operations | Frozen fruits, vegetables, bakery and other
Disaggregation of Revenue [Line Items]
Revenue	552,014	628,559
International Foodservice Operations | Dairy products
Disaggregation of Revenue [Line Items]
Revenue	312,178	318,347
International Foodservice Operations | Poultry
Disaggregation of Revenue [Line Items]
Revenue	218,600	215,582
International Foodservice Operations | Fresh produce
Disaggregation of Revenue [Line Items]
Revenue	257,758	257,544
International Foodservice Operations | Paper and disposables
Disaggregation of Revenue [Line Items]
Revenue	98,342	104,539
International Foodservice Operations | Seafood
Disaggregation of Revenue [Line Items]
Revenue	149,590	188,436
International Foodservice Operations | Beverage products
Disaggregation of Revenue [Line Items]
Revenue	132,852	52,069
International Foodservice Operations | Other
Disaggregation of Revenue [Line Items]
Revenue	192,274	123,948
SYGMA
Disaggregation of Revenue [Line Items]
Revenue	1,446,994	1,621,457
SYGMA | Fresh and frozen meats
Disaggregation of Revenue [Line Items]
Revenue	381,377	372,334
SYGMA | Canned and dry products
Disaggregation of Revenue [Line Items]
Revenue	37,190	77,621
SYGMA | Frozen fruits, vegetables, bakery and other
Disaggregation of Revenue [Line Items]
Revenue	254,455	291,864
SYGMA | Dairy products
Disaggregation of Revenue [Line Items]
Revenue	145,921	154,806
SYGMA | Poultry
Disaggregation of Revenue [Line Items]
Revenue	204,269	272,061
SYGMA | Fresh produce
Disaggregation of Revenue [Line Items]
Revenue	60,933	64,849
SYGMA | Paper and disposables
Disaggregation of Revenue [Line Items]
Revenue	168,436	188,616
SYGMA | Seafood
Disaggregation of Revenue [Line Items]
Revenue	24,855	25,385
SYGMA | Beverage products
Disaggregation of Revenue [Line Items]
Revenue	143,679	147,294
SYGMA | Other
Disaggregation of Revenue [Line Items]
Revenue	25,879	26,627
Other
Disaggregation of Revenue [Line Items]
Revenue	284,990	273,461
Other | Fresh and frozen meats
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Canned and dry products
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Frozen fruits, vegetables, bakery and other
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Dairy products
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Poultry
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Fresh produce
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Paper and disposables
Disaggregation of Revenue [Line Items]
Revenue	17,373	16,409
Other | Seafood
Disaggregation of Revenue [Line Items]
Revenue	0	0
Other | Beverage products
Disaggregation of Revenue [Line Items]
Revenue	24,329	23,180
Other | Other
Disaggregation of Revenue [Line Items]
Revenue	$ 243,288	$ 233,872

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Business Combinations [Abstract]
Acquisition of businesses, net of cash acquired	$ 74,814	$ 0
Contingent consideration maximum number of years (in years)	3 years
Potential cash payout for contingent consideration arrangements	$ 28,300
Amount of recorded earnout liabilities	$ 21,500

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019
Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of total debt	$ 9,500,000	$ 8,600,000
Carrying value of total debt	8,700,000	8,200,000
Recurring Fair Value Measurements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	110,362	73,024
Other assets	58,938	18,785
Total assets at fair value	169,300	91,809
Recurring Fair Value Measurements | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	108,962	72,824
Other assets	58,938	18,785
Total assets at fair value	167,900	91,609
Recurring Fair Value Measurements | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	1,400	200
Other assets	0	0
Total assets at fair value	1,400	200
Recurring Fair Value Measurements | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Other assets	0	0
Total assets at fair value	$ 0	$ 0

Marketable Securities (Details)

Marketable Securities (Details) - USD ($)	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Jun. 29, 2019
Marketable Securities [Line Items]
Amortized Cost Basis	$ 117,339,000		$ 116,440,000
Gross Unrealized Gains	4,762,000		3,579,000
Gross Unrealized Losses	(2,000)		0
Fair Value	$ 122,099,000		120,019,000
Realized gain (loss) on marketable securities		$ 0
Minimum
Marketable Securities [Line Items]
Debt securities maturities	1 year
Maximum
Marketable Securities [Line Items]
Debt securities maturities	11 years
Short-Term Marketable Securities
Marketable Securities [Line Items]
Fair Value	$ 12,017,000		12,006,000
Long-Term Marketable Securities
Marketable Securities [Line Items]
Fair Value	110,082,000		108,013,000
Corporate bonds
Marketable Securities [Line Items]
Amortized Cost Basis	88,505,000		87,540,000
Gross Unrealized Gains	2,067,000		1,734,000
Gross Unrealized Losses	(2,000)		0
Fair Value	90,570,000		89,274,000
Corporate bonds | Short-Term Marketable Securities
Marketable Securities [Line Items]
Fair Value	12,017,000		12,006,000
Corporate bonds | Long-Term Marketable Securities
Marketable Securities [Line Items]
Fair Value	78,553,000		77,268,000
Government bonds
Marketable Securities [Line Items]
Amortized Cost Basis	28,834,000		28,900,000
Gross Unrealized Gains	2,695,000		1,845,000
Gross Unrealized Losses	0		0
Fair Value	31,529,000		30,745,000
Government bonds | Short-Term Marketable Securities
Marketable Securities [Line Items]
Fair Value	0		0
Government bonds | Long-Term Marketable Securities
Marketable Securities [Line Items]
Fair Value	$ 31,529,000		$ 30,745,000

Derivative Financial Instrume_3

Derivative Financial Instruments - Hedging of Debt Portfolio (Details) - 3 months ended Sep. 28, 2019 € in Millions, £ in Millions, kr in Millions, gal in Millions, $ in Millions, $ in Millions	GBP (£)gal	EUR (€)	CAD ($)	USD ($)	SEK (kr)
Interest rate swap, October 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value				$ 750
Interest rate swap, July 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value				500
Interest rate swaps, June 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value | €		€ 500
Interest rate swap, March 2025
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value				$ 500
Foreign Currency Interest Rate, Various Maturity Dates
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	£ 23				kr 280
Hedging of foreign currency risk, CAD, June 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value			$ 187
Hedging of foreign currency risk, GBP, July 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value | £	234
Hedging of foreign currency risk, GBP, August 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value | £	£ 466
Hedging of foreign currency risk, Euro, June 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value | €		€ 500
Fuel swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount (in gallons) | gal	55

Derivative Financial Instrume_4

Derivative Financial Instruments - Balance Sheet Disclosures (Details) - Hedging Instrument - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019
Fair Value Hedging | Interest rate swap agreements | Other assets
Derivative [Line Items]
Fair value of derivative assets	$ 44,407	$ 37,396
Fair Value Hedging | Interest rate swap agreements | Other long-term liabilities
Derivative [Line Items]
Fair value of derivative liabilities	6,061	9,285
Cash flow hedging | Fuel swaps | Other assets
Derivative [Line Items]
Fair value of derivative assets	0	136
Cash flow hedging | Fuel swaps | Other current liabilities
Derivative [Line Items]
Fair value of derivative liabilities	6,262	6,537
Cash flow hedging | Fuel swaps | Other long-term liabilities
Derivative [Line Items]
Fair value of derivative liabilities	28	239
Cash flow hedging | Fuel swaps | Other current assets
Derivative [Line Items]
Fair value of derivative assets	16	154
Cash flow hedging | Foreign currency forwards | Other current liabilities
Derivative [Line Items]
Fair value of derivative liabilities	591	162
Cash flow hedging | Foreign currency forwards | Other current assets
Derivative [Line Items]
Fair value of derivative assets	275	624
Cash flow hedging | Cross-currency swaps | Other assets
Derivative [Line Items]
Fair value of derivative assets	21,046	8,592
Net investment hedging | Foreign currency swaps | Other assets
Derivative [Line Items]
Fair value of derivative assets	28,171	18,614
Net investment hedging | Foreign currency swaps | Other long-term liabilities
Derivative [Line Items]
Fair value of derivative liabilities	$ 0	$ 9,973

Derivative Financial Instrume_5

Derivative Financial Instruments - Location of Gain (Loss) on Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Derivative [Line Items]
Cost of sales	$ 12,359,635	$ 12,311,494
Operating expenses	2,275,052	2,275,645
Interest expense	83,335	89,016
Unrealized gain (loss) on hedged item in fair value hedge, interest expense	14,600	15,100
Unrealized gain (loss) on hedged item in fair value hedge, change in fair value of debt	10,200	6,500
Hedging Instrument | Fair Value Hedging | Interest rate swaps | Cost of Sales
Derivative [Line Items]
Gain (loss) on fair value hedging relationship, hedged items	0	0
Gain (loss) on fair value hedging relationship, designated as hedging instruments	0	0
Hedging Instrument | Fair Value Hedging | Interest rate swaps | Other expense (income)
Derivative [Line Items]
Gain (loss) on fair value hedging relationship, hedged items	0	0
Gain (loss) on fair value hedging relationship, designated as hedging instruments	0	0
Hedging Instrument | Fair Value Hedging | Interest rate swaps | Interest expense
Derivative [Line Items]
Gain (loss) on fair value hedging relationship, hedged items	(24,736)	(8,588)
Gain (loss) on fair value hedging relationship, designated as hedging instruments	$ 8,857	$ (10,859)

Derivative Financial Instrume_6

Derivative Financial Instruments - Cash Flow Hedges (Details) - Hedging Instrument - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Cash flow hedging
Derivative [Line Items]
Derivatives in cash flow hedging relationships:	$ 12,651
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives		$ (3,777)
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	(3,404)	4,836
Cash flow hedging | Fuel swaps
Derivative [Line Items]
Derivatives in cash flow hedging relationships:	344
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives		1,026
Cash flow hedging | Fuel swaps | Operating expense
Derivative [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	(3,406)	4,353
Cash flow hedging | Foreign currency swaps
Derivative [Line Items]
Derivatives in cash flow hedging relationships:	12,307
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives		(4,803)
Cash flow hedging | Foreign currency swaps | Cost of sales
Derivative [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	2	483
Net investment hedging
Derivative [Line Items]
Derivatives in net investment hedging relationships:	42,302
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives		11,178
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	0	0
Net investment hedging | Foreign currency swaps
Derivative [Line Items]
Derivatives in net investment hedging relationships:	20,852
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives		7,228
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	0	0
Net investment hedging | Foreign denominated debt
Derivative [Line Items]
Derivatives in net investment hedging relationships:	21,450
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivatives		3,950
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	$ 0	$ 0

Derivative Financial Instrume_7

Derivative Financial Instruments - Location of Hedged Liabilities (Details) - Long-term debt - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019
Derivative [Line Items]
Carrying Amount of Hedged Assets (Liabilities)	$ (2,312,113)	$ (2,311,636)
Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets (Liabilities)	$ (38,795)	$ (28,616)

Debt (Details)

Debt (Details)	3 Months Ended
	Sep. 28, 2019USD ($)
Debt [Line Items]
Maximum board-authorized aggregate commercial paper limit	$ 2,000,000,000
Aggregate outstanding commercial paper and short-term debt minimum amount outstanding during period	208,900,000
Maximum amount outstanding	911,300,000
Commercial paper
Debt [Line Items]
Carrying value of total debt	$ 665,400,000

Leases - Summary of Balance She

Leases - Summary of Balance Sheet Information (Details) $ in Thousands	Sep. 28, 2019USD ($)
Leases [Abstract]
Finance lease right-of-use assets	$ 92,052
Current finance lease liabilities	27,300
Long-term finance lease liabilities	$ 69,213

Leases - Lease Costs (Details)

Leases - Lease Costs (Details) $ in Thousands	3 Months Ended
	Sep. 28, 2019USD ($)
Leases [Abstract]
Operating lease cost	$ 30,425
Financing lease cost:
Amortization of right-of-use assets	8,613
Interest on lease obligations	1,182
Variable lease cost	468
Short-term lease cost	2,896
Net lease cost	$ 43,584

Leases - Future Payments (Detai

Leases - Future Payments (Details) $ in Thousands	Sep. 28, 2019USD ($)
Operating Leases
Remainder of fiscal 2020	$ 88,622
2021	109,589
2022	84,288
2023	68,088
2024	46,874
2025	43,721
Thereafter	322,335
Total undiscounted lease obligations	763,517
Less imputed interest	(115,407)
Present value of lease obligations	648,110
Finance Leases
Remainder of fiscal 2020	24,112
2021	27,829
2022	20,370
2023	14,046
2024	8,912
2025	5,742
Thereafter	6,378
Total undiscounted lease obligations	107,389
Less imputed interest	(10,876)
Present value of lease obligations	$ 96,513

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Cash Paid For Amounts Included In Measurement of Liabilities:
Operating cash flows for operating leases	$ 30,597	$ 0
Operating cash flows for financing leases	1,182
Financing cash flows for financing leases	7,232
Supplemental Non-cash Information on Lease Liabilities:
Assets obtained in exchange for operating lease obligations	5,781
Assets obtained in exchange for finance lease obligations	$ 1,553
Weighted-average remaining lease term (years):
Operating leases	11 years 4 months 6 days
Financing leases	4 years 4 months 2 days
Weighted-average discount rate:
Operating leases	2.39%
Financing leases	4.96%

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Numerator:
Net earnings	$ 453,781	$ 431,042
Denominator:
Weighted-average basic shares outstanding (in shares)	513,496,296	520,856,599
Dilutive effect of share-based awards (in shares)	5,265,160	8,177,871
Weighted-average diluted shares outstanding (in shares)	518,761,456	529,034,470
Basic earnings per share (in dollars per share)	$ 0.88	$ 0.83
Diluted earnings per share (in dollars per share)	$ 0.87	$ 0.81
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded (in shares)	3,321,000	1,067,000

Other Comprehensive Income - Co

Other Comprehensive Income - Components of OCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Comprehensive income	$ 378,080	$ 389,468
Before Tax Amount
Total other comprehensive income (loss)	(56,304)	(40,705)
Tax
Total other comprehensive income (loss)	19,397	869
Net of Tax Amount
Total other comprehensive (loss) income	(75,701)	(41,574)
Pension and other postretirement benefit plans: | Other expense, net
Before Tax Amount
Reclassification adjustments, before tax	10,847	10,839
Tax
Amortization of prior service cost	2,736	2,710
Net of Tax Amount
Amortization of prior service cost	8,111	8,129
Amortization of prior service cost
Net of Tax Amount
Amortization of prior service cost	1,428	1,600
Amortization of prior service cost | Other expense, net
Before Tax Amount
Reclassification adjustments, before tax	1,905	2,133
Tax
Amortization of prior service cost	477	533
Net of Tax Amount
Amortization of prior service cost	1,428	1,600
Amortization of actuarial loss (gain), net
Before Tax Amount
Other comprehensive income before reclassifications, before tax		(36,891)
Tax
Foreign currency translation adjustment		(4,380)
Net of Tax Amount
Amortization of prior service cost	6,683	6,529
Foreign currency translation adjustment		(32,511)
Amortization of actuarial loss (gain), net | Other expense, net
Before Tax Amount
Reclassification adjustments, before tax	8,942	8,706
Tax
Amortization of prior service cost	2,259	2,177
Net of Tax Amount
Amortization of prior service cost	6,683	6,529
Foreign currency translation:
Before Tax Amount
Other comprehensive income before reclassifications, before tax	(126,159)	(24,927)
Tax
Foreign currency translation adjustment	0	0
Net of Tax Amount
Foreign currency translation adjustment	(126,159)	(24,927)
Change in marketable securities (1)
Before Tax Amount
Other comprehensive income before reclassifications, before tax	1,181
Tax
Foreign currency translation adjustment	248
Net of Tax Amount
Foreign currency translation adjustment	933
Hedging, net of tax
Before Tax Amount
Other comprehensive income before reclassifications, before tax	54,953	7,401
Tax
Foreign currency translation adjustment	15,694	1,821
Net of Tax Amount
Foreign currency translation adjustment	39,259	5,580
Amortization of cash flow hedges
Net of Tax Amount
Amortization of prior service cost	2,155
Foreign currency translation adjustment	9,259
Amortization of cash flow hedges | Operating expenses
Before Tax Amount
Other comprehensive income before reclassifications, before tax	12,651
Tax
Foreign currency translation adjustment	3,392
Net of Tax Amount
Foreign currency translation adjustment	9,259
Amortization of cash flow hedges | Interest expense
Before Tax Amount
Reclassification adjustments, before tax	2,874
Tax
Amortization of prior service cost	719
Net of Tax Amount
Amortization of prior service cost	2,155
Amortization of cash flow hedges
Net of Tax Amount
Amortization of prior service cost		2,155
Foreign currency translation adjustment		(3,008)
Amortization of cash flow hedges | Operating expenses
Before Tax Amount
Other comprehensive income before reclassifications, before tax		(3,777)
Tax
Foreign currency translation adjustment		(769)
Net of Tax Amount
Foreign currency translation adjustment		(3,008)
Amortization of cash flow hedges | Interest expense
Before Tax Amount
Reclassification adjustments, before tax		2,873
Tax
Amortization of prior service cost		718
Net of Tax Amount
Amortization of prior service cost		2,155
Change in net investment hedge
Before Tax Amount
Other comprehensive income before reclassifications, before tax	42,302	11,178
Tax
Foreign currency translation adjustment	12,302	2,590
Net of Tax Amount
Foreign currency translation adjustment	$ 30,000	$ 8,588

Other Comprehensive Income - Ch

Other Comprehensive Income - Changes in AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	$ 2,502,603	$ 2,506,957
Ending balance, shareholders' equity	2,454,748	2,638,574
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(1,599,729)	(1,409,269)
Ending balance, shareholders' equity	(1,675,430)	(1,450,843)
Pension and Other Postretirement Benefit Plans, net of tax
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(1,217,617)	(1,095,059)
Ending balance, shareholders' equity	(1,209,506)	(1,119,441)
Net actuarial loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
OCI before reclassifications, net of tax		(32,511)
Amortization of prior service cost
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Reclassification adjustment, net of tax	1,428	1,600
Amortization of unrecognized net actuarial losses
AOCI Attributable to Parent, Net of Tax [Roll Forward]
OCI before reclassifications, net of tax		(32,511)
Reclassification adjustment, net of tax	6,683	6,529
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(290,169)	(171,043)
OCI before reclassifications, net of tax	(126,159)	(24,927)
Ending balance, shareholders' equity	(416,328)	(195,970)
Hedging, net of tax
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(94,770)	(143,167)
OCI before reclassifications, net of tax	39,259	5,580
Ending balance, shareholders' equity	(53,356)	(135,432)
Amortization of cash flow hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
OCI before reclassifications, net of tax	9,259
Reclassification adjustment, net of tax	2,155
Amortization of cash flow hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
OCI before reclassifications, net of tax		(3,008)
Reclassification adjustment, net of tax		2,155
Change in net investment hedge
AOCI Attributable to Parent, Net of Tax [Roll Forward]
OCI before reclassifications, net of tax	30,000	$ 8,588
Change in marketable securities (1)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	2,827
OCI before reclassifications, net of tax	933
Ending balance, shareholders' equity	$ 3,760

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Incentive Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	2,291,085
Options granted, weighted average grant date fair value (in dollars per share)	$ 10.40
Share-based compensation expense	$ 21,386	$ 29,193
Total unrecognized compensation cost related to share-based compensation arrangements	$ 136,800
Weighted average period of time for unrecognized compensation cost to be recognized (in years)	2 years 21 days
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted (in shares)	512,765
Equity instruments other than options granted, weighted average grant date fair value per share (in dollars per share)	$ 72.66
Employees' Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted (in shares)	240,802
Equity instruments other than options granted, weighted average grant date fair value per share (in dollars per share)	$ 10.61

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Income Tax Disclosure [Abstract]
Effective income tax rate	22.01%	19.88%
Effective income tax expense (benefit) attributable to the pension plan	$ (15.7)
Excess tax benefits of equity-based compensation and tax law changes in foreign jurisdictions		$ 14.3
Unrecognized tax benefits	23.9
Liability recorded for interest and penalties related to unrecognized tax benefits	$ 3.8

Business Segment Information (D

Business Segment Information (Details) $ in Thousands	3 Months Ended
	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)segment
Segment Reporting [Abstract]
Number of reporting segments | segment		3
Segment Reporting Information [Line Items]
Sales	$ 15,303,005	$ 15,215,279
Operating income:	668,318	628,140
Interest expense	83,335	89,016
Other (income) expense, net	3,112	1,132
Earnings before income taxes	581,871	537,992
U.S. Foodservice Operations
Segment Reporting Information [Line Items]
Sales	10,658,633	10,399,411
International Foodservice Operations
Segment Reporting Information [Line Items]
Sales	2,912,388	2,920,950
SYGMA
Segment Reporting Information [Line Items]
Sales	1,446,994	1,621,457
Other
Segment Reporting Information [Line Items]
Sales	284,990	273,461
Operating Segments
Segment Reporting Information [Line Items]
Operating income:	933,913	895,296
Operating Segments | U.S. Foodservice Operations
Segment Reporting Information [Line Items]
Operating income:	861,406	815,758
Operating Segments | International Foodservice Operations
Segment Reporting Information [Line Items]
Operating income:	54,800	66,772
Operating Segments | SYGMA
Segment Reporting Information [Line Items]
Operating income:	7,570	2,431
Operating Segments | Other
Segment Reporting Information [Line Items]
Operating income:	10,137	10,335
Corporate
Segment Reporting Information [Line Items]
Operating income:	$ (265,595)	$ (267,156)

Supplemental Guarantor Inform_3

Supplemental Guarantor Information - Subsidiary Guarantees - Narrative (Details) $ in Billions	3 Months Ended
	Sep. 28, 2019USD ($)
Guarantees [Abstract]
Senior notes and debentures covered by guarantees	$ 7.5
Percentage ownership of subsidiary guarantors by parent	100.00%

Supplemental Guarantor Inform_4

Supplemental Guarantor Information - Subsidiary Guarantees - Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018
Supplemental Guarantor Information [Line Items]
Current assets	$ 8,484,164	$ 8,141,505
Intercompany receivables	0	0
Investment in subsidiaries	0	0
Plant and equipment, net	4,493,016	4,501,705
Other assets	5,979,395	5,323,312
Total assets	18,956,575	17,966,522
Current liabilities	6,101,471	6,103,183
Intercompany payables	0	0
Long-term debt	8,637,706	8,122,058
Other liabilities	1,729,622	1,203,252
Noncontrolling interest	33,028	35,426
Shareholders’ equity	2,454,748	2,502,603	$ 2,638,574	$ 2,506,957
Total liabilities and shareholders’ equity	18,956,575	17,966,522
Reportable Legal Entities | Sysco
Supplemental Guarantor Information [Line Items]
Current assets	172,317	121,993
Intercompany receivables	6,517,293	6,162,303
Investment in subsidiaries	5,305,887	4,680,530
Plant and equipment, net	242,040	252,101
Other assets	817,530	787,986
Total assets	13,055,067	12,004,913
Current liabilities	443,234	465,101
Intercompany payables	1,307,665	686,116
Long-term debt	8,192,123	7,668,314
Other liabilities	657,297	682,779
Noncontrolling interest	0	0
Shareholders’ equity	2,454,748	2,502,603
Total liabilities and shareholders’ equity	13,055,067	12,004,913
Reportable Legal Entities | Certain U.S. Broadline Subsidiaries
Supplemental Guarantor Information [Line Items]
Current assets	4,548,019	4,195,543
Intercompany receivables	148,589	30,469
Investment in subsidiaries	0	0
Plant and equipment, net	2,184,301	2,162,668
Other assets	729,136	718,600
Total assets	7,610,045	7,107,280
Current liabilities	1,061,795	1,018,650
Intercompany payables	3,261,317	3,443,182
Long-term debt	10,747	7,938
Other liabilities	551,789	545,391
Noncontrolling interest	0	0
Shareholders’ equity	2,724,397	2,092,119
Total liabilities and shareholders’ equity	7,610,045	7,107,280
Reportable Legal Entities | Other Non-Guarantor Subsidiaries
Supplemental Guarantor Information [Line Items]
Current assets	3,763,828	3,823,969
Intercompany receivables	3,229,688	3,220,237
Investment in subsidiaries	1,255,862	1,126,315
Plant and equipment, net	2,066,675	2,086,936
Other assets	4,974,095	4,372,725
Total assets	15,290,148	14,630,182
Current liabilities	4,596,442	4,619,432
Intercompany payables	5,326,588	5,283,711
Long-term debt	434,836	445,806
Other liabilities	1,061,902	531,081
Noncontrolling interest	33,028	35,426
Shareholders’ equity	3,837,352	3,714,726
Total liabilities and shareholders’ equity	15,290,148	14,630,182
Eliminations
Supplemental Guarantor Information [Line Items]
Current assets	0	0
Intercompany receivables	(9,895,570)	(9,413,009)
Investment in subsidiaries	(6,561,749)	(5,806,845)
Plant and equipment, net	0	0
Other assets	(541,366)	(555,999)
Total assets	(16,998,685)	(15,775,853)
Current liabilities	0	0
Intercompany payables	(9,895,570)	(9,413,009)
Long-term debt	0	0
Other liabilities	(541,366)	(555,999)
Noncontrolling interest	0	0
Shareholders’ equity	(6,561,749)	(5,806,845)
Total liabilities and shareholders’ equity	$ (16,998,685)	$ (15,775,853)

Supplemental Guarantor Inform_5

Supplemental Guarantor Information - Subsidiary Guarantees - Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Supplemental Guarantor Information [Line Items]
Sales	$ 15,303,005	$ 15,215,279
Cost of sales	12,359,635	12,311,494
Gross profit	2,943,370	2,903,785
Operating expenses	2,275,052	2,275,645
Operating income	668,318	628,140
Interest expense (income)	83,335	89,016
Other (income) expense, net	3,112	1,132
Earnings before income taxes	581,871	537,992
Income tax (benefit) provision	128,090	106,950
Equity in earnings of subsidiaries	0	0
Net earnings	453,781	431,042
Other comprehensive income (loss)	(75,701)	(41,574)
Comprehensive income	378,080	389,468
Reportable Legal Entities | Sysco
Supplemental Guarantor Information [Line Items]
Sales	0	0
Cost of sales	0	0
Gross profit	0	0
Operating expenses	198,840	220,281
Operating income	(198,840)	(220,281)
Interest expense (income)	107,336	41,413
Other (income) expense, net	7,053	6,600
Earnings before income taxes	(313,229)	(268,294)
Income tax (benefit) provision	(98,500)	(93,587)
Equity in earnings of subsidiaries	668,510	605,750
Net earnings	453,781	431,043
Other comprehensive income (loss)	(75,701)	(41,574)
Comprehensive income	378,080	389,469
Reportable Legal Entities | Certain U.S. Broadline Subsidiaries
Supplemental Guarantor Information [Line Items]
Sales	9,810,408	9,479,806
Cost of sales	7,910,440	7,660,101
Gross profit	1,899,968	1,819,705
Operating expenses	1,075,837	1,052,350
Operating income	824,131	767,355
Interest expense (income)	(20,528)	(21,538)
Other (income) expense, net	(167)	(54)
Earnings before income taxes	844,826	788,947
Income tax (benefit) provision	212,546	196,445
Equity in earnings of subsidiaries	0	0
Net earnings	632,280	592,502
Other comprehensive income (loss)	0	0
Comprehensive income	632,280	592,502
Reportable Legal Entities | Other Non-Guarantor Subsidiaries
Supplemental Guarantor Information [Line Items]
Sales	6,043,288	6,234,158
Cost of sales	4,999,886	5,150,078
Gross profit	1,043,402	1,084,080
Operating expenses	1,000,375	1,003,014
Operating income	43,027	81,066
Interest expense (income)	(3,473)	69,141
Other (income) expense, net	(3,774)	(5,414)
Earnings before income taxes	50,274	17,339
Income tax (benefit) provision	14,044	4,092
Equity in earnings of subsidiaries	129,548	94,341
Net earnings	165,778	107,588
Other comprehensive income (loss)	(126,159)	(24,927)
Comprehensive income	39,619	82,661
Eliminations
Supplemental Guarantor Information [Line Items]
Sales	(550,691)	(498,685)
Cost of sales	(550,691)	(498,685)
Gross profit	0	0
Operating expenses	0	0
Operating income	0	0
Interest expense (income)	0	0
Other (income) expense, net	0	0
Earnings before income taxes	0	0
Income tax (benefit) provision	0	0
Equity in earnings of subsidiaries	(798,058)	(700,091)
Net earnings	(798,058)	(700,091)
Other comprehensive income (loss)	126,159	24,927
Comprehensive income	(671,899)	(675,164)
Eliminations | Other Non-Guarantor Subsidiaries
Supplemental Guarantor Information [Line Items]
Interest expense (income)	$ 0	$ 0

Supplemental Guarantor Inform_6

Supplemental Guarantor Information - Subsidiary Guarantees - Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Cash flows provided by (used for):
Operating activities	$ 171,579	$ 271,145
Investing activities	(246,624)	(99,571)
Financing activities	62,705	68,388
Effect of exchange rates on cash, cash equivalents and restricted cash	(5,485)	(2,435)
Net (decrease) increase in cash, cash equivalents and restricted cash	(17,825)	237,527
Cash, cash equivalents and restricted cash at beginning of period	532,245	715,844
Cash, cash equivalents and restricted cash at end of period	514,420	953,371
Reportable Legal Entities | Sysco
Cash flows provided by (used for):
Operating activities	11,776	167,767
Investing activities	(49,434)	361,777
Financing activities	109,226	(332,988)
Effect of exchange rates on cash, cash equivalents and restricted cash	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash	71,568	196,556
Cash, cash equivalents and restricted cash at beginning of period	29,868	29,144
Cash, cash equivalents and restricted cash at end of period	101,436	225,700
Reportable Legal Entities | Certain U.S. Broadline Subsidiaries
Cash flows provided by (used for):
Operating activities	69,098	69,459
Investing activities	(85,903)	(42,188)
Financing activities	742	(1,581)
Effect of exchange rates on cash, cash equivalents and restricted cash	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash	(16,063)	25,690
Cash, cash equivalents and restricted cash at beginning of period	117,643	111,843
Cash, cash equivalents and restricted cash at end of period	101,580	137,533
Reportable Legal Entities | Other Non-Guarantor Subsidiaries
Cash flows provided by (used for):
Operating activities	90,705	33,919
Investing activities	(128,923)	(12,229)
Financing activities	(29,627)	(3,974)
Effect of exchange rates on cash, cash equivalents and restricted cash	(5,485)	(2,435)
Net (decrease) increase in cash, cash equivalents and restricted cash	(73,330)	15,281
Cash, cash equivalents and restricted cash at beginning of period	384,734	574,857
Cash, cash equivalents and restricted cash at end of period	311,404	590,138
Eliminations
Cash flows provided by (used for):
Operating activities	0	0
Investing activities	17,636	(406,931)
Financing activities	(17,636)	406,931
Effect of exchange rates on cash, cash equivalents and restricted cash	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash at beginning of period	0	0
Cash, cash equivalents and restricted cash at end of period	$ 0	$ 0