v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 27, 2026
Jun. 28, 2025
Current assets:    
Cash $ 92.4 $ 78.5
Accounts receivable, less allowances of $71.4 and $69.0 3,054.3 2,833.0
Inventories, net 4,333.0 3,887.7
Income taxes receivable 69.5 96.2
Prepaid expenses and other current assets 259.9 239.7
Total current assets 7,809.1 7,135.1
Goodwill 3,565.0 3,480.1
Other intangible assets, net 1,544.6 1,688.5
Property, plant and equipment, net 4,784.9 4,458.7
Operating lease right-of-use assets 898.5 933.8
Other assets 247.0 185.0
Total assets 18,849.1 17,881.2
Current liabilities:    
Trade accounts payable and outstanding checks in excess of deposits 3,693.4 3,165.3
Accrued expenses and other current liabilities 1,091.4 1,025.9
Finance lease obligations—current installments 265.4 221.9
Operating lease obligations—current installments 108.5 104.5
Total current liabilities 5,158.7 4,517.6
Long-term debt 5,006.8 5,388.8
Deferred income tax liability, net 974.8 887.1
Finance lease obligations, excluding current installments 1,537.2 1,379.9
Operating lease obligations, excluding current installments 864.6 900.7
Other long-term liabilities 407.7 334.7
Total liabilities 13,949.8 13,408.8
Commitments and contingencies (Note 15)
Shareholders’ equity:    
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 156.1 million shares issued and outstanding as of June 27, 2026; 154.9 million shares issued and outstanding as of June 28, 2025 1.6 1.5
Additional paid-in capital 2,899.0 2,831.0
Accumulated other comprehensive loss, net of tax benefit of $1.1 and $0.9 (3.7) (3.2)
Retained earnings 2,002.4 1,643.1
Total shareholders’ equity 4,899.3 4,472.4
Total liabilities and shareholders’ equity $ 18,849.1 $ 17,881.2