Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 1

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 7A
Chunk 1
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The following tables present our interest rate position as of June 28, 2025. All amounts are stated in U.S. dollar equivalents.

 Interest Rate Position as of June 28, 2025 Principal Amount by Expected Maturity Average Interest Rate 20262027202820292030ThereafterTotalFair Value (Dollars in millions)U.S. Dollar Denominated:        Fixed Rate Debt$750 $1,043 $750 $655 $1,500 $6,084 $10,782 $10,209 Average Interest Rate3.75 %3.46 %3.25 %5.93 %4.77 %4.83 %4.57 % Floating Rate Debt$— $— $— $— $— $1,050 $1,050 $1,092 Average Interest Rate— %— %— %— %— %5.69 %5.69 % 

 Interest Rate Position as of June 28, 2025 Notional Amount by Expected Maturity Average Interest Swap Rate 20262027202820292030ThereafterTotalFair Value (Dollars in millions)Interest Rate SwapsRelated To Debt:Pay Variable/Receive Fixed$— $— $— $— $— $1,050 $1,050 $30 Average Variable Rate Paid:Rate A Plus— %— %— %— %— %1.56 %1.56 %Fixed Rate Received— %— %— %— %— %5.69 %5.69 %

Rate A – six-month USD-SOFR Compound and USD-SOFR-OIS Compound

Foreign Currency Exchange Rate Risk

The majority of our foreign subsidiaries use their local currency as their functional currency. To the extent that business transactions are not denominated in a foreign subsidiary’s functional currency, we are exposed to foreign currency exchange rate risk. We also incur gains and losses within our shareholders’ equity due to the translation of our financial statements from foreign currencies into U.S. dollars. Our largest currency exposures are with Canadian dollars, British pound sterling and Euro currencies. Our income statement trends may be impacted by the translation of the income statements of our 

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foreign subsidiaries into U.S. dollars.