Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Sysco Corp., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Net earnings 1,955 1,770 1,359 524 215 1,674
Foreign currency translation adjustment (33) 127 (461) 362 (112) (119)
Amortization of cash flow hedges 7 9 9 9 9 9
Change in net investment hedges (3) (21) 54 (24) 44 44
Change in cash flow hedges 16 (55) 24 14 (7) (4)
Changes in excluded components of fair value hedge 2
Amortization of prior service cost 1 6 6
Amortization of actuarial loss 20 24 59 47 39 26
Pension settlement charge 237
Net actuarial gain (loss) arising in current year (97) (89) (9) 156 (93) (155)
Change in marketable securities 2 (2) (9) (3) 4 3
Items presented net of tax (53) 102 128 200 1 (71)
Other comprehensive income (loss) (86) 229 (333) 562 (111) (190)
Comprehensive income 1,869 2,000 1,025 1,086 104 1,484

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).

Comprehensive income item Description The company
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Sysco Corp. net earnings increased from 2022 to 2023 and from 2023 to 2024.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Sysco Corp. comprehensive income increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.