Performance Food Group Co
For the period ended Jun 29, 2024. Filed Aug 14, 2024.
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FY2024 · Filed Aug 14, 2024
PFGC$111.77+4.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (In millions, except per share data) | As of June 29, 2024 | As of July 1, 2023 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash | $20.0 | $12.7 |
| Accounts receivable, less allowances of $55.2 and $56.3 | 2,478.9 | 2,399.3 |
| Inventories, net | 3,314.7 | 3,390.0 |
| Income taxes receivable | 71.6 | 41.7 |
| Prepaid expenses and other current assets | 268.1 | 227.8 |
| Total current assets | 6,153.3 | 6,071.5 |
| Goodwill | 2,418.3 | 2,301.0 |
| Other intangible assets, net | 971.1 | 1,028.4 |
| Property, plant and equipment, net | 2,788.5 | 2,264.0 |
| Operating lease right-of-use assets | 875.5 | 703.6 |
| Other assets | 186.2 | 130.5 |
| Total assets | $13,392.9 | $12,499.0 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable and outstanding checks in excess of deposits | 2,594.4 | 2,453.5 |
| Accrued expenses and other current liabilities | 908.3 | 891.5 |
| Finance lease obligations—current installments | 147.2 | 102.6 |
| Operating lease obligations—current installments | 108.2 | 105.5 |
| Total current liabilities | 3,758.1 | 3,553.1 |
| Long-term debt | 3,198.5 | 3,460.1 |
| Deferred income tax liability, net | 497.9 | 446.2 |
| Finance lease obligations, excluding current installments | 703.2 | 447.3 |
| Operating lease obligations, excluding current installments | 819.3 | 628.9 |
| Other long-term liabilities | 289.0 | 217.9 |
| Total liabilities | 9,266.0 | 8,753.5 |
| Commitments and contingencies (Note 15) | ||
| Shareholders’ equity: | ||
| Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 154.2 million shares issued and outstanding as of June 29, 2024;154.5 million shares issued and outstanding as of July 1, 2023 | 1.5 | 1.5 |
| Additional paid-in capital | 2,818.5 | 2,863.0 |
| Accumulated other comprehensive income, net of tax expense of $1.5 and $4.9 | 4.0 | 14.0 |
| Retained earnings | 1,302.9 | 867.0 |
| Total shareholders’ equity | 4,126.9 | 3,745.5 |
| Total liabilities and shareholders’ equity | $13,392.9 | $12,499.0 |
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