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MULTIEMPLOYER EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
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Jul. 01, 2023
Multiple-Employer Plan Accounted for as Multiemployer Plan [Abstract] |
Schedule of Multiemployer Defined Benefit Pension Plan Contributions | Sysco’s contributions to multiemployer defined benefit pension plans were as follows for each fiscal year:
| 2023 |  | 2022 |  | 2021
| (In thousands)
Individually significant plans | $ | 40,943 |  |  | $ | 35,103 |  |  | $ | 29,143 |
All other plans | 11,672 |  |  | 10,386 |  |  | 13,750 |
Total contributions | $ | 52,615 |  |  | $ | 45,489 |  |  | $ | 42,893 |
Schedule of Multiemployer Individually Significant Plans Statistics | The following table provides information about the funded status of individually significant plans: •The “EIN-PN” column provides the Employer Identification Number (EIN) and the three-digit plan number (PN). •The “Pension Protection Act Zone Status” columns provide the two most recent Pension Protection Act zone statuses available from each plan. The zone status is based on information that the company received from the plan’s administrators and is certified by each plan’s actuary, together with information included in the annual return/reports filed by each plan with the U.S. Department of Labor. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded and plans in the green zone are at least 80% funded. The Multiemployer Protection Act of 2014 created a new zone called “critical and declining.” Plans are generally considered “critical and declining” if they are projected to become insolvent within 15 years. •The “FIP/RP Status” column indicates whether a financial improvement plan (FIP) for yellow/orange zone plans or a rehabilitation plan (RP) for red zone plans is pending or implemented in the current year or was put in place in a prior year. A status of “Pending” indicates a FIP/RP has been approved but actual period covered by the FIP/RP has not begun. A status of “Implemented” means the period covered by the FIP/RP began in the current year or is ongoing. •The “Surcharge Imposed” column indicates whether a surcharge or supplemental contribution was paid during the most recent annual period presented for the company’s contributions to each plan in the yellow, orange or red zone. If the company’s current collective bargaining agreement (CBA) with a plan satisfies the requirements of a pending but not yet implemented FIP or RP, then the payment of surcharges or supplemental contributions is not required and “No” will be reflected in this column. If the company’s current CBA with a plan does not yet satisfy the requirements of a pending but not yet implemented FIP or RP, then the payment of surcharges or supplemental contributions is required and “Yes” will be reflected in this column.
|  |  |  | Pension Protection Act Zone Status |  |  |  |  |  |
Pension Fund |  | EIN-PN |  | As of 12/31/22 |  | As of 12/31/21 |  | FIP/RP Status |  | Surcharge Imposed |  | Expiration Date(s) of CBA(s)
Western Conference of Teamsters Pension Plan |  | 91-6145047-001 |  | Green |  | Green |  | N/A |  | N/A |  | 7/2/2023 to 11/30/2027 (1)
(1) | Sysco is party to 24 CBAs that require contributions to the Western Conference of Teamsters Pension Trust. Each agreement covers anywhere from less than 1% to 20% of the total contributions Sysco is required to pay the fund.
Schedule of Multiemployer Individually Significant Plans Contributions | The following table provides information about the company’s contributions to individually significant plans: •The “Sysco Contributions” columns provide contribution amounts based on Sysco’s fiscal years, which may not coincide with the plans’ fiscal years. •The “Sysco 5% of Total Plan Contributions” columns indicate whether Sysco was listed on Schedule R of the plan’s most recently filed Form 5500s as providing more than five percent of the total contributions to the plan, and the plan year-end is noted.
|  | Sysco Contributions |  | Sysco 5% of Total Plan Contributions
Pension Fund |  | 2023 |  | 2022 |  | 2021 |  | 2022 |  | 2021
|  | (In thousands) |  |  |  |
Western Conference of Teamsters Pension Plan |  | $ | 40,943 |  |  | $ | 35,103 |  |  | $ | 29,143 |  |  | No |  | No

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