XML 47 R31.htm IDEA: XBRL DOCUMENT
v3.23.2

BUSINESS SEGMENT INFORMATION | 12 Months Ended
--- | ---
Jul. 01, 2023
Segment Reporting [Abstract] |
BUSINESS SEGMENT INFORMATION | BUSINESS SEGMENT INFORMATION The company has combined certain of its operations in three reportable segments. “Other” financial information is attributable to the company’s other operating segments that do not meet the quantitative disclosure thresholds. •U.S. Foodservice Operations – primarily includes (a) our U.S. Broadline operations, which distribute a full line of food products, including custom-cut meat, seafood, produce, specialty Italian, specialty imports and a wide variety of non-food products and (b) our U.S. Specialty operations, which include our FreshPoint fresh produce distribution business, our Specialty Meats and Seafood Group specialty protein operations, our growing Italian Specialty platform anchored by Greco & Sons, our Asian specialty distribution company and a number of other small specialty businesses that are not material to the operations of Sysco; •International Foodservice Operations – includes operations outside of the United States (U.S.), which distribute a full line of food products and a wide variety of non-food products. The Americas primarily consists of operations in Canada, Bahamas, Mexico, Costa Rica and Panama, as well as our export operations that distribute to international customers. Our European operations primarily consist of operations in the United Kingdom (U.K.), France, Ireland and Sweden; •SYGMA – our U.S. customized distribution operations serving quick-service chain restaurant customer locations; and •Other – primarily our hotel supply operations, Guest Worldwide. The accounting policies for the segments are the same as those disclosed by Sysco for its consolidated financial statements. Our Global Support Center expenses generally include all expenses of the corporate office and Sysco’s shared service operations. These also include all U.S. share-based compensation costs. The following tables set forth certain financial information for Sysco’s business segments.
| Fiscal Year
| 2023 |  | 2022 |  | 2021
Sales: | (In thousands)
U.S. Foodservice Operations | $ | 53,682,894 |  |  | $ | 48,520,562 |  |  | $ | 35,724,843 |
International Foodservice Operations | 13,559,610 |  |  | 11,787,449 |  |  | 8,350,638 |
SYGMA | 7,843,111 |  |  | 7,245,824 |  |  | 6,498,601 |
Other | 1,239,060 |  |  | 1,082,311 |  |  | 723,761 |
Total | $ | 76,324,675 |  |  | $ | 68,636,146 |  |  | $ | 51,297,843 |
| Fiscal Year
| 2023 |  | 2022 |  | 2021
Operating income (loss): | (In thousands)
U.S. Foodservice Operations | $ | 3,586,576 |  |  | $ | 3,180,705 |  |  | $ | 2,468,127 |
International Foodservice Operations | 313,449 |  |  | 100,033 |  |  | (240,416) |
SYGMA | 56,526 |  |  | (3,124) |  |  | 52,620 |
Other | 56,877 |  |  | 17,392 |  |  | (428) |
Total segments | 4,013,428 |  |  | 3,295,006 |  |  | 2,279,903 |
Global Support Center | (974,879) |  |  | (948,506) |  |  | (832,715) |
Total operating income | 3,038,549 |  |  | 2,346,500 |  |  | 1,447,188 |
Interest expense | 526,752 |  |  | 623,643 |  |  | 880,137 |
Other expense (income), net | 226,442 |  |  | (23,916) |  |  | (17,677) |
Earnings before income taxes | $ | 2,285,355 |  |  | $ | 1,746,773 |  |  | $ | 584,728 |
| Fiscal Year
| 2023 |  | 2022 |  | 2021
Depreciation and amortization: | (In thousands)
U.S. Foodservice Operations | $ | 436,824 |  |  | $ | 406,880 |  |  | $ | 366,808 |
International Foodservice Operations | 218,244 |  |  | 240,030 |  |  | 238,457 |
SYGMA | 31,617 |  |  | 31,276 |  |  | 32,774 |
Other | 8,554 |  |  | 9,293 |  |  | 9,961 |
Total segments | 695,239 |  |  | 687,479 |  |  | 648,000 |
Global Support Center | 80,365 |  |  | 85,402 |  |  | 89,916 |
Total | $ | 775,604 |  |  | $ | 772,881 |  |  | $ | 737,916 |
| Fiscal Year
| 2023 |  | 2022 |  | 2021
Capital Expenditures: | (In thousands)
U.S. Foodservice Operations | $ | 389,046 |  |  | $ | 262,071 |  |  | $ | 163,303 |
International Foodservice Operations | 192,579 |  |  | 155,493 |  |  | 152,017 |
SYGMA | 30,976 |  |  | 35,186 |  |  | 33,185 |
Other | 23,465 |  |  | 4,487 |  |  | 16,924 |
Total segments | 636,066 |  |  | 457,237 |  |  | 365,429 |
Global Support Center | 157,259 |  |  | 175,565 |  |  | 105,247 |
Total | $ | 793,325 |  |  | $ | 632,802 |  |  | $ | 470,676 |
| Fiscal Year
| 2023 |  | 2022 |  | 2021
Assets: | (In thousands)
U.S. Foodservice Operations | $ | 11,398,284 |  |  | $ | 9,540,902 |  |  | $ | 7,632,481 |
International Foodservice Operations | 7,432,533 |  |  | 6,595,897 |  |  | 6,784,006 |
SYGMA | 839,711 |  |  | 835,316 |  |  | 760,388 |
Other | 644,319 |  |  | 554,894 |  |  | 455,236 |
Total segments | 20,314,847 |  |  | 17,527,009 |  |  | 15,632,111 |
Global Support Center | 2,506,298 |  |  | 4,558,679 |  |  | 5,781,428 |
Total | $ | 22,821,145 |  |  | $ | 22,085,688 |  |  | $ | 21,413,539 |
Information concerning geographic areas is as follows:
| Fiscal Year
| 2023 |  | 2022 |  | 2021
Sales: | (In thousands)
United States | $ | 62,403,563 |  |  | $ | 56,511,006 |  |  | $ | 42,610,406 |
Canada | 5,827,806 |  |  | 5,093,961 |  |  | 3,906,722 |
United Kingdom | 3,340,281 |  |  | 2,859,063 |  |  | 1,706,851 |
France | 1,591,125 |  |  | 1,412,716 |  |  | 1,097,868 |
Other | 3,161,900 |  |  | 2,759,400 |  |  | 1,975,996 |
Total | $ | 76,324,675 |  |  | $ | 68,636,146 |  |  | $ | 51,297,843 |
Plant and equipment at cost, less accumulated depreciation: |  |  |  |  |
United States | $ | 3,720,729 |  |  | $ | 3,346,356 |  |  | $ | 3,148,279 |
Canada | 334,728 |  |  | 337,295 |  |  | 355,864 |
France | 300,258 |  |  | 304,115 |  |  | 323,461 |
United Kingdom | 298,244 |  |  | 248,990 |  |  | 275,385 |
Other | 261,090 |  |  | 219,664 |  |  | 223,074 |
Total | $ | 4,915,049 |  |  | $ | 4,456,420 |  |  | $ | 4,326,063 |
Operating lease right-of-use assets, net: |  |  |  |  |
United States | $ | 338,078 |  |  | $ | 316,933 |  |  | $ | 197,617 |
United Kingdom | 197,134 |  |  | 192,802 |  |  | 229,853 |
France | 64,818 |  |  | 78,215 |  |  | 137,069 |
Sweden | 36,701 |  |  | 38,213 |  |  | 47,428 |
Canada | 28,500 |  |  | 39,034 |  |  | 37,228 |
Other | 66,535 |  |  | 58,100 |  |  | 59,968 |
Total | $ | 731,766 |  |  | $ | 723,297 |  |  | $ | 709,163 |
The sales mix for the principal product categories by segment is disclosed in Note 3, “Revenue.”

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration