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QUARTERLY RESULTS (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Jul. 01, 2017 | Apr. 01, 2017 | Dec. 31, 2016 | Oct. 01, 2016 | Jul. 02, 2016 | Mar. 26, 2016 | Dec. 26, 2015 | Sep. 26, 2015 | Jul. 01, 2017 | Jul. 02, 2016 | Jun. 27, 2015
Quarterly Results [Line Items] |  |  |  |  |  |  |  |  |  |  |
Sales | $ 14,421,045 | $ 13,524,172 | $ 13,457,268 | $ 13,968,654 | $ 13,647,891 | $ 12,002,791 | $ 12,153,626 | $ 12,562,611 | $ 55,371,139 | $ 50,366,919 | $ 48,680,752
Cost of sales | 11,661,455 | 10,990,037 | 10,885,405 | 11,276,735 | 11,145,053 | 9,859,966 | 9,996,812 | 10,324,616 | 44,813,632 | 41,326,447 | 40,129,236
Gross profit | 2,759,590 | 2,534,135 | 2,571,863 | 2,691,919 | 2,502,838 | 2,142,825 | 2,156,814 | 2,237,995 | 10,557,507 | 9,040,472 | 8,551,516
Operating expenses | 2,201,631 | 2,098,173 | 2,079,446 | 2,125,086 | 1,956,013 | 1,765,207 | 1,724,231 | 1,744,521 | 8,504,336 | 7,189,972 | 7,322,154
Operating income | 557,959 | 435,962 | 492,417 | 566,833 | 546,825 | 377,618 | 432,583 | 493,474 | 2,053,171 | 1,850,500 | 1,229,362
Interest expense | 76,020 | 81,004 | 72,231 | 73,623 | 74,305 | 57,699 | 47,235 | 126,907 | 302,878 | 306,146 | 254,807
Other expense (income), net | (1,586) | (4,815) | (2,320) | (7,216) | 141,303 | (6,952) | (7,764) | (15,240) | (15,937) | 111,347 | (33,592)
Earnings before income taxes | 483,525 | 359,773 | 422,506 | 500,426 | 331,217 | 326,871 | 393,112 | 381,807 | 1,766,230 | 1,433,007 | 1,008,147
Income taxes | 178,354 | 121,495 | 147,339 | 176,539 | 115,550 | 109,735 | 120,713 | 137,387 | 623,727 | 483,385 | 321,374
Net earnings | $ 305,171 | $ 238,278 | $ 275,167 | $ 323,887 | $ 215,667 | $ 217,136 | $ 272,399 | $ 244,420 | $ 1,142,503 | $ 949,622 | $ 686,773
Per Share: |  |  |  |  |  |  |  |  |  |  |
Basic net earnings (in dollars per share) | $ 0.57 | $ 0.44 | $ 0.50 | $ 0.58 | $ 0.38 | $ 0.38 | $ 0.48 | $ 0.41 | $ 2.10 | $ 1.66 | $ 1.16
Diluted net earnings (in dollars per share) | 0.57 | 0.44 | 0.50 | 0.58 | 0.38 | 0.38 | 0.48 | 0.41 | 2.08 | 1.64 | 1.15
Dividends declared (in dollars per share) | $ 0.33 | $ 0.33 | $ 0.33 | $ 0.31 | $ 0.31 | $ 0.31 | $ 0.31 | $ 0.3 | $ 1.3 | $ 1.23 | $ 1.19
Percentage change in sales | 6.00% | 13.00% | 11.00% | 11.00% |  |  |  |  | 10.00% |  |
Percentage change in operating income | 2.00% | 15.00% | 14.00% | 15.00% |  |  |  |  | 11.00% |  |
Percentage change in net earnings | 42.00% | 10.00% | 1.00% | 33.00% |  |  |  |  | 20.00% |  |
Percentage change in basic net earnings per share | 50.00% | 16.00% | 4.00% | 41.00% |  |  |  |  | 27.00% |  |
Percentage change in diluted net earnings per share | 50.00% | 16.00% | 4.00% | 41.00% |  |  |  |  | 27.00% |  |
Loss on extinguishment of debt |  |  |  |  |  |  |  | $ 94,800 | $ 0 | $ 86,460 | $ 0
Brakes Group | Other Expense (Income) |  |  |  |  |  |  |  |  |  |  |
Per Share: |  |  |  |  |  |  |  |  |  |  |
Remeasurement loss on foreign cash held by Sysco for the Brakes Acquisition |  |  |  |  | $ 101,200 |  |  |  |  |  |

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