v3.26.1
SUMMARY OF ACCOUNTING POLICIES (Tables)
 12 Months Ended
Jun. 27, 2026
Accounting Policies [Abstract]  
Schedule of Supplier Finance Program
Our outstanding payment obligations that suppliers financed to participating financial institutions, which are included in accounts payable on the consolidated balance sheets, are as follows:
20262025
(In millions)
Confirmed obligations outstanding at beginning of period$93 $102 
Invoices confirmed during the year1,072 1,186 
Confirmed invoices paid during the year(1,082)(1,195)
Confirmed obligations outstanding at end of period$83 $93 
Schedule of Cash and Cash Equivalents
The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Cash Flows that sum to the total of the same such amounts shown in the consolidated balance sheets:
Jun. 27, 2026Jun. 28, 2025Jun. 29, 2024
(In millions)
Cash and cash equivalents$1,786 $1,071 $696 
Restricted cash (1)
331 277 249 
Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows$2,117 $1,348 $945 
(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.
Schedule of 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 Statement of Cash Flows that sum to the total of the same such amounts shown in the consolidated balance sheets:
Jun. 27, 2026Jun. 28, 2025Jun. 29, 2024
(In millions)
Cash and cash equivalents$1,786 $1,071 $696 
Restricted cash (1)
331 277 249 
Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows$2,117 $1,348 $945 
(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.
Schedule of Non-cash Investing and Financing Activities
The following table sets forth the company’s non-cash investing and financing activities:
Jun. 27, 2026Jun. 28, 2025Jun. 29, 2024
(In millions)
Non-cash investing and financing activities:
Plant and equipment acquired through financing programs$154 $281 $402 
Assets obtained in exchange for finance lease obligations55 202 115 
Cash income taxes paid, net of refunds received, consisted of the following:
2026
(in millions)
Federal $303 
State85 
Foreign89 
Total$477 

Income taxes paid, net of refunds exceeded 5% of total income taxes paid, net of refunds, in the following jurisdictions:
2026
(in millions)
United States (Federal)$303 
Canada60