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 | 6,660.9 | 6,684.5 | 5,746.3 | 4,961.4 | 6,027.1 | 5,880.0 | 4,488.3 | 4,491.8 |
| Revenue growth | -0.4% | 16.3% | 15.8% | -17.7% | 2.5% | 31.0% | -0.1% | 7.2% |
| Cost of goods sold | 1,946.0 | 2,034.1 | 1,664.4 | 1,722.1 | 1,973.4 | 2,031.5 | 1,407.2 | 1,440.5 |
| Gross profit | 4,714.9 | 4,650.4 | 4,081.9 | 3,239.3 | 4,053.7 | 3,848.5 | 3,081.1 | 3,051.3 |
| Gross margin | 70.8% | 69.6% | 71.0% | 65.3% | 67.3% | 65.5% | 68.6% | 67.9% |
| Selling, general and administrative | 3,542.5 | 3,474.6 | 3,113.9 | 3,312.4 | 3,234.0 | 3,176.5 | 2,293.7 | 2,397.8 |
| EBIT | 1,172.4 | 1,175.8 | 968.0 | -73.1 | 819.7 | 672.0 | 787.4 | 653.5 |
| EBIT margin | 17.6% | 17.6% | 16.8% | -1.5% | 13.6% | 11.4% | 17.5% | 14.5% |
| Pre-tax income | 1,143.1 | 1,047.0 | 897.3 | -624.2 | 766.2 | 596.8 | 759.0 | 626.6 |
| Income taxes | 207.1 | 190.7 | 63.1 | 27.9 | 122.8 | 199.3 | 168.0 | 166.1 |
| Tax rate | 18.1% | 18.2% | 7.0% | | 16.0% | 33.4% | 22.1% | 26.5% |
| Net income | 936.0 | 856.3 | 834.2 | -652.1 | 643.4 | 397.5 | 591.0 | 460.5 |
| Net margin | 14.1% | 12.8% | 14.5% | -13.1% | 10.7% | 6.8% | 13.2% | 10.3% |
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| Diluted EPS | $3.88 | $3.17 | $2.95 | ($2.34) | $2.21 | $1.38 | $2.09 | $1.65 |
| Shares outstanding (diluted) | 241.3 | 270.1 | 283.0 | 278.6 | 290.8 | 288.6 | 282.8 | 279.3 |
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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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