Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Sysco Corp., consolidated balance sheet: assets

US$ in millions

	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021	Jun 27, 2020	Jun 29, 2019
Cash and cash equivalents	696)	745)	867)	3,007)	6,059)	513)
Accounts receivable, less allowances	5,324)	5,092)	4,839)	3,782)	2,894)	4,182)
Inventories	4,678)	4,481)	4,437)	3,695)	3,095)	3,216)
Prepaid expenses and other current assets	323)	285)	304)	241)	192)	211)
Income tax receivable	22)	6)	36)	9)	108)	20)
Current assets	11,043)	10,608)	10,483)	10,734)	12,348)	8,142)
Plant and equipment at cost, less accumulated depreciation	5,497)	4,915)	4,456)	4,326)	4,459)	4,502)
Goodwill	5,153)	4,646)	4,542)	3,944)	3,732)	3,896)
Intangibles, less amortization	1,188)	860)	953)	746)	780)	857)
Deferred income taxes	445)	420)	378)	353)	194)	81)
Operating lease right-of-use assets, net	923)	732)	723)	709)	604)	—)
Other assets	668)	640)	550)	602)	511)	489)
Other long-term assets	8,377)	7,298)	7,146)	6,354)	5,821)	5,323)
Long-term assets	13,874)	12,213)	11,602)	10,680)	10,280)	9,825)
Total assets	24,917)	22,821)	22,086)	21,414)	22,628)	17,967)

Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Sysco Corp. current assets increased from 2022 to 2023 and from 2023 to 2024.
Plant and equipment at cost, less accumulated depreciation	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Sysco Corp. plant and equipment at cost, less accumulated depreciation increased from 2022 to 2023 and from 2023 to 2024.
Long-term assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Sysco Corp. long-term assets increased from 2022 to 2023 and from 2023 to 2024.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Sysco Corp. total assets increased from 2022 to 2023 and from 2023 to 2024.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Sysco Corp. cash and cash equivalents decreased from 2022 to 2023 and from 2023 to 2024.
Accounts receivable, less allowances	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Sysco Corp. accounts receivable, less allowances increased from 2022 to 2023 and from 2023 to 2024.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Sysco Corp. inventories increased from 2022 to 2023 and from 2023 to 2024.

Sysco Corp. (NYSE:SYY)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items