v3.26.1
GOODWILL AND OTHER INTANGIBLES (Tables)
12 Months Ended
Jun. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill Roll Forward Table by Reporting Segments
The changes in the carrying amount of goodwill by reportable segment for the years presented are as follows:
U.S. Foodservice OperationsInternational Foodservice OperationsSYGMAOtherTotal
(In millions)
Carrying amount as of June 29, 2024$2,756 $2,176 $33 $188 $5,153 
Goodwill acquired during year(1)10 — — 
Impairment— — — (92)(92)
Currency translation/other— 161 — — 161 
Carrying amount as of June 28, 2025$2,755 $2,347 $33 $96 $5,231 
Goodwill acquired during year29 39 — — 68 
Currency translation/other— (70)— — (70)
Disposals(4)— — — (4)
Carrying amount as of June 27, 2026$2,780 $2,316 $33 $96 $5,225 
Schedule of Amortized Intangible Assets
Fully amortized intangible assets have been removed in the period fully amortized in the table below which presents the company’s amortizable intangible assets in total by category as follows:
Jun. 27, 2026Jun. 28, 2025
Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
(In millions)
Customer relationships$1,542 $(978)$564 $1,595 $(951)$644 
Non-compete agreements13 (11)27 (22)
Trademarks266 (94)172 156 (46)110 
Other10 (4)10 (3)
Total amortizable intangible
assets
$1,831 $(1,087)$744 $1,788 $(1,022)$766 
Intangible Asset, Indefinite-Lived
The table below presents our indefinite-lived intangible assets by category as follows:
Jun. 27, 2026Jun. 28, 2025
(In millions)
Trademarks$206 $313 
Licenses
Total indefinite-lived intangible assets$207 $314 
Schedule of Intangibles Estimated Amortization Expense for the Next Five Years The estimated future amortization expense for the next five fiscal years on intangible assets outstanding as of June 27, 2026 is shown below:
Amount
(In millions)
2027$181 
2028101 
2029100 
203084 
203165