SYSCO CORP
For the period ended Jun 27, 2026. Filed Aug 21, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Aug 21, 2026
SYY$77.63-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Cash Flows
(In millions)
| Year Ended | |||
|---|---|---|---|
| Jun. 27, 2026 | Jun. 28, 2025 | Jun. 29, 2024 | |
| Cash flows from operating activities: | |||
| Net earnings | $1,757 | $1,828 | $1,955 |
| Adjustments to reconcile net earnings to cash provided by operating activities: | |||
| Share-based compensation expense | 118 | 93 | 104 |
| Depreciation and amortization | 976 | 945 | 873 |
| Operating lease asset amortization | 153 | 141 | 124 |
| Amortization of debt issuance and other debt-related costs | 46 | 15 | 19 |
| Deferred income taxes | 10 | (13) | 27 |
| Provision for losses on receivables | 73 | 85 | 57 |
| Goodwill impairment | — | 92 | — |
| Other non-cash items | (40) | (100) | (12) |
| Additional changes in certain assets and liabilities, net of effect of businesses acquired: | |||
| Increase in receivables | (469) | (206) | (110) |
| Increase in inventories | (293) | (330) | (70) |
| Increase in prepaid expenses and other current assets | (25) | (22) | (2) |
| Increase in accounts payable | 354 | 143 | 104 |
| Increase (decrease) in accrued expenses | 214 | (14) | (12) |
| Decrease in operating lease liabilities | (215) | (177) | (144) |
| (Decrease) increase in accrued income taxes | (7) | (62) | 13 |
| (Increase) decrease in other assets | (29) | 18 | 38 |
| Increase in other long-term liabilities | 15 | 74 | 25 |
| Net cash provided by operating activities | 2,638 | 2,510 | 2,989 |
| Cash flows from investing activities: | |||
| Additions to plant and equipment | (700) | (906) | (832) |
| Proceeds from sales of plant and equipment | 176 | 214 | 79 |
| Acquisition of businesses, net of cash acquired | (189) | (40) | (1,210) |
| Purchase of marketable securities | (61) | (32) | (33) |
| Proceeds from sales of marketable securities | 54 | 29 | 29 |
| Other investing activities | 24 | 18 | 5 |
| Net cash used for investing activities | (696) | (717) | (1,962) |
| Cash flows from financing activities: | |||
| Bank and commercial paper borrowings, net | (263) | 45 | 200 |
| Other debt borrowings including senior notes | 1,252 | 1,254 | 1,362 |
| Other debt repayments including senior notes | (908) | (549) | (447) |
| Proceeds from stock option exercises | 137 | 110 | 120 |
| Stock repurchases | (200) | (1,250) | (1,232) |
| Dividends paid | (1,037) | (1,000) | (1,008) |
| Debt issuance costs | (108) | (10) | (13) |
| Other financing activities | (32) | (12) | (20) |
| Net cash used for financing activities | (1,159) | (1,412) | (1,038) |
| Effect of exchange rates on cash, cash equivalents and restricted cash | (14) | 22 | (10) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 769 | 403 | (21) |
| Cash, cash equivalents and restricted cash at beginning of period | 1,348 | 945 | 966 |
| Cash, cash equivalents and restricted cash at end of period | $2,117 | $1,348 | $945 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the period for: | |||
| Interest | $670 | $629 | $557 |
| Income taxes, net of refunds (1) | 477 | 640 | 564 |
| (1) | Cash paid for income taxes, net for fiscal year 2026 and 2025 includes $227 million and $190 million, respectively, of cash paid for the purchase of federal tax credits. |
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