Receivables The Company’s receivables and allowance for credit losses were as follows: | | | | | | | | | June 27, | | June 28, | | | 2026 | | 2025 | | | | (Thousands) | Gross receivables | | $ | 6,980,935 | | $ | 4,435,645 | Allowance for credit losses | | | (97,970) | | | (108,195) | Receivables | | $ | 6,882,965 | | $ | 4,327,450 |
The Company had the following activity in the allowance for credit losses during fiscal 2026 and fiscal 2025: | | | | | | | | | June 27, | | June 28, | | | 2026 | | 2025 | | | | (Thousands) | Balance at beginning of the period | | $ | 108,195 | | $ | 108,504 | Credit Loss Provisions | | | 472 | | | 3,503 | Credit Loss Recoveries | | | 432 | | | 702 | Receivables Write Offs | | | (9,607) | | | (10,498) | Foreign Currency Effect and Other | | | (1,522) | | | 5,984 | Balance at end of the period | | $ | 97,970 | | $ | 108,195 |
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