Financial Summary (All financials)
| In millions, except per share items | Jul-01-23 | Jul-02-22 | Jul-03-21 | Jun-27-20 | Jun-29-19 | Jun-30-18 | Jul-01-17 | Jul-02-16 |
| Revenues | 26,536.9 | 24,310.7 | 19,534.7 | 17,634.3 | 19,518.6 | 19,036.9 | 17,440.0 | 16,740.6 |
| Revenue growth | 9.2% | 24.4% | 10.8% | -9.7% | 2.5% | 9.2% | 4.2% | -5.2% |
| Cost of goods sold | 23,354.7 | 21,345.3 | 17,294.0 | 15,570.9 | 17,032.5 | 16,509.7 | 15,070.5 | 14,662.7 |
| Gross profit | 3,182.2 | 2,965.4 | 2,240.7 | 2,063.4 | 2,486.1 | 2,527.2 | 2,369.4 | 2,077.9 |
| Gross margin | 12.0% | 12.2% | 11.5% | 11.7% | 12.7% | 13.3% | 13.6% | 12.4% |
| Selling, general and administrative | 1,967.3 | 1,994.8 | 1,874.8 | 1,842.1 | 1,874.7 | 1,991.4 | 1,788.3 | 1,460.3 |
| EBITA | 1,192.8 | 980.2 | 322.4 | 76.5 | 449.6 | 482.1 | 497.7 | 582.2 |
| EBITA margin | 4.5% | 4.0% | 1.7% | 0.4% | 2.3% | 2.5% | 2.9% | 3.5% |
| Amortization of intangibles | 6.0 | 15.0 | 41.0 | 81.1 | 83.7 | 91.5 | 54.0 | 9.2 |
| EBIT | 1,186.8 | 965.3 | 281.4 | -4.6 | 365.9 | 390.7 | 443.7 | 572.9 |
| EBIT margin | 4.5% | 4.0% | 1.4% | 0.0% | 1.9% | 2.1% | 2.5% | 3.4% |
| Pre-tax income | 982.9 | 833.3 | 172.9 | -129.6 | 236.6 | 145.1 | 310.4 | 478.0 |
| Income taxes | 212.0 | 141.0 | -20.2 | -98.5 | 60.3 | 288.0 | 47.1 | 87.1 |
| Tax rate | 21.6% | 16.9% | | 76.0% | 25.5% | 198.5% | 15.2% | 18.2% |
| Earnings from continuing ops | 770.8 | 692.4 | 193.1 | -31.1 | 176.3 | -129.4 | 1.4 | 275.3 |
| Earnings from discontinued ops | | | | | | -13.5 | 261.9 | 115.6 |
| Net income | 770.8 | 692.4 | 193.1 | -31.1 | 176.3 | -142.9 | 263.4 | 390.9 |
| Net margin | 2.9% | 2.8% | 1.0% | -0.2% | 0.9% | -0.8% | 1.5% | 2.3% |
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| Diluted EPS | $8.26 | $6.94 | $1.93 | ($0.31) | $1.59 | ($1.08) | $0.01 | $2.07 |
| Shares outstanding (diluted) | 93.4 | 99.8 | 100.2 | 100.5 | 110.8 | 119.9 | 127.0 | 133.2 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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