Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 53

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 8
Chunk 53
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 there were no redemption restrictions as of June 28, 2025. The investment may be redeemed daily.(5)Total unfunded commitments in the funds listed in this category as of June 28, 2025 were $14 million. The investments cannot be redeemed, but the fund will make distributions through liquidation. The estimate of the liquidation period varies for each fund from 2025 to 2031.(6)Includes foreign government and state and municipal debt securities.(7)Includes certain investments that are measured at fair value using the NAV practical expedient that have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the consolidated balance sheet.The following table presents the fair value of the U.K. Retirement Plan’s assets by major asset category as of June 28, 2025: Assets Measured at Fair Value as of Jun. 28, 2025 Level 1Level 2Level 3Measured at NAV (2)Total (In millions)Investment funds:Common contractual fund (1)$— $— $— $208 $208 Total investments at fair value$— $— $— $208 $208 (1)There were $4 million of unfunded commitments as of June 28, 2025. As of June 28, 2025 there are no monetary redemption restrictions, however timing restrictions ranged from daily to quarterly.(2)Includes certain investments that are measured at fair value using the NAV practical expedient that have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the consolidated balance sheet. 

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The following table presents the fair value of the U.S. Retirement Plan’s assets by major asset category as of June 29, 2024: Assets Measured at Fair Value as of Jun. 29, 2024 Level 1Level 2Level 3Measured at NAV (6)Net Payables (7)Total (In millions)Cash and cash equivalents$— $153 $— $— $(6)$147 Growth assets:U.S. equity (1)17 — — 204 — 221 International equity (1)— — — 152 — 152 Hedge fund of funds (2)—