v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 27, 2026
Jun. 28, 2025
Current assets    
Cash and cash equivalents $ 1,786 $ 1,071
Accounts receivable, less allowances of $13 and $17 5,865 5,502
Inventories 5,338 5,053
Prepaid expenses and other current assets 427 338
Income tax receivable 21 4
Total current assets 13,437 11,968
Plant and equipment at cost, less accumulated depreciation 5,974 6,084
Other long-term assets    
Goodwill 5,225 5,231
Intangibles, less amortization 952 1,080
Deferred income taxes 506 497
Operating lease right-of-use assets, net 1,389 1,131
Other assets 914 783
Total other long-term assets 8,986 8,722
Total assets 28,397 26,774
Current liabilities    
Accounts payable 6,640 6,512
Accrued expenses 2,456 2,268
Accrued income taxes 60 51
Current operating lease liabilities 166 136
Current maturities of long-term debt 1,201 949
Total current liabilities 10,523 9,916
Long-term liabilities    
Long-term debt 12,315 12,360
Deferred income taxes 456 345
Long-term operating lease liabilities 1,285 1,049
Other long-term liabilities 1,152 1,247
Total long-term liabilities 15,208 15,001
Noncontrolling interest 0 27
Shareholders’ equity    
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none 0 0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares 765 765
Paid-in capital 2,114 1,986
Retained earnings 13,748 13,061
Accumulated other comprehensive income (loss), net (1,014) (1,098)
Treasury stock at cost, 286,631,270 and 287,678,658 shares (12,947) (12,884)
Total shareholders’ equity 2,666 1,830
Total liabilities and shareholders’ equity $ 28,397 $ 26,774