Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 13

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 8
Chunk 13
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 Amortization of debt issuance and other debt-related costs15 19 20 Deferred income taxes(13)27 (16)Provision for losses on receivables85 57 36 Goodwill impairment92 — — Other non-cash items(100)(12)(7)Additional changes in certain assets and liabilities, net of effect of businesses acquired:Increase in receivables(206)(110)(271)Increase in inventories(330)(70)(22)(Increase) decrease in prepaid expenses and other current assets(22)(2)2 Increase in accounts payable143 104 196 (Decrease) increase in accrued expenses(14)(12)22 Decrease in operating lease liabilities(177)(144)(134)(Decrease) increase in accrued income taxes(62)13 92 Decrease in other assets18 38 6 Increase (decrease) in other long-term liabilities 74 25 (126)Net cash provided by operating activities2,510 2,989 2,868 Cash flows from investing activities:Additions to plant and equipment(906)(832)(793)Proceeds from sales of plant and equipment214 79 42 Acquisition of businesses, net of cash acquired(40)(1,210)(37)Purchase of marketable securities(32)(33)(16)Proceeds from sales of marketable securities29 29 12 Other investing activities18 5 7 Net cash used for investing activities(717)(1,962)(785)Cash flows from financing activities:Bank and commercial paper borrowings, net45 200 — Other debt borrowings including senior notes1,254 1,362 249 Other debt repayments including senior notes(549)(447)(830)Proceeds from stock option exercises110 120 79 Stock repurchases(1,250)(1,232)(500)Dividends paid(1,000)(1,008)(996)Other financing activities(22)(33)(58)Net cash used for financing activities(1,412)(1,038)(2,056)Effect of exchange rates on cash, cash equivalents and restricted cash22 (10)8 Net increase (decrease) in cash, cash equivalents and restricted cash403 (21)35 Cash, cash equivalents and restricted cash at beginning of period945 966 931 Cash, cash equivalents and restricted cash at end of period$1,348