DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Jun. 28, 2025


	Jun. 28, 2025		Jun. 29, 2024
	(In millions)
Euro Commercial paper, interest at 2.22%, maturing in fiscal 2026	$	205	$	—
U.S. Commercial paper, interest at 5.45%, matured in fiscal 2025	—		200






Senior notes, interest at 3.65%, matured in fiscal 2025 (1)	—		365

Senior notes, interest at 3.75%, maturing in fiscal 2026 (1)(2)	750		749
Senior notes, interest at 3.30%, maturing in fiscal 2027 (1)(2)	999		998
Debentures, interest at 7.16%, maturing in fiscal 2027 (2)(3)	43		43
Senior notes, interest at 3.25%, maturing in fiscal 2028 (1)(2)	748		747
Debentures, interest at 6.50%, maturing in fiscal 2029 (2)	155		155
Senior notes, interest at 5.75%, maturing in fiscal 2029 (1)(2)	497		496
Senior notes, interest at 2.40%, maturing in fiscal 2030 (1)(2)	498		497
Senior notes, interest at 5.95%, maturing in fiscal 2030 (1)(2)	995		994
Senior notes, interest at 5.10%, maturing in fiscal 2031 (1)(2)	695		—
Senior notes, interest at 2.45%, maturing in fiscal 2032 (1)(2)	447		446
Senior notes, interest at 6.00%, maturing in fiscal 2034 (1)(2)	507		498
Senior notes, interest at 5.40%, maturing in fiscal 2035 (1)(2)	562		—
Senior notes, interest at 5.375%, maturing in fiscal 2036 (1)(2)	383		383
Senior notes, interest at 6.625%, maturing in fiscal 2039 (1)(2)	200		200
Senior notes, interest at 6.60%, maturing in fiscal 2040 (1)(2)	350		350
Senior notes, interest at 4.85%, maturing in fiscal 2046 (1)(2)	497		497
Senior notes, interest at 4.50%, maturing in fiscal 2046 (1)(2)	495		495
Senior notes, interest at 4.45%, maturing in fiscal 2048 (1)(2)	493		493
Senior notes, interest at 3.30%, maturing in fiscal 2050 (1)(2)	495		495
Senior notes, interest at 6.60%, maturing in fiscal 2050 (1)(2)	1,177		1,177
Senior notes, interest at 3.15%, maturing in fiscal 2052 (1)(2)	788		788



Plant and equipment financing programs, finance leases, notes payable, and other debt, interest averaging 5.14% and maturing at various dates to fiscal 2052 as of June 28, 2025, and 5.13% and maturing at various dates to fiscal 2052 as of June 29, 2024	1,330		916
Total debt	13,309		11,982
Less current maturities of long-term debt	(949)		(469)

Net long-term debt	$	12,360	$	11,513


(1)			Represents senior notes that are unsecured, are not subject to any sinking fund requirement and include a redemption provision that allows Sysco to retire the debentures and notes at any time prior to maturity at the greater of par plus accrued interest or an amount designed to ensure that the debenture and note holders are not penalized by the early redemption.
(2)			Represents senior notes, debentures and borrowings under the company’s long-term revolving credit facility that are guaranteed by certain wholly owned U.S. Broadline subsidiaries of Sysco Corporation as discussed in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and Capital Resources.”
(3)			This debenture is not subject to any sinking fund requirement and is no longer redeemable prior to maturity.

Schedule of Principal and Interest Payments

As of June 28, 2025, the principal and interest payments required to be made during the next five fiscal years on Sysco’s senior notes and debentures are shown below:



	Principal		Interest (1)
	(In millions)
2026	$	750	$	543
2027	1,043		508
2028	750		476
2029	655		464
2030	1,500		435


(1)			Includes payments on floating rate debt based on rates as of June 28, 2025, assuming amount remains unchanged until maturity, and payments on fixed rate debt based on maturity dates.

Schedule of Senior Notes

Details of the Notes are as follows:


Maturity Date	Par Value (in millions)		Coupon Rate		Pricing (percentage of par)
September 23, 2030 (the 2030 Notes)	$	700	5.10	%	99.975	%
March 23, 2035 (the 2035 Notes)	550		5.40		99.924

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

SYSCO CORP 10-K