Company: SYY
Filing Date: 2025-01-29
Form Type: 10-Q
Source: 0000096021-25-000010
Chunk: 50

Company: SYSCO CORP
Filing Date: 2025-01-29
Form: 10-Q
Item: Item 1
Chunk 50
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 DerivativesLocation of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into IncomeAmount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income(In millions)(In millions)Derivatives in cash flow hedging relationships:Fuel swaps$7 Operating expense$3 Derivatives in net investment hedging relationships:Cross currency contracts$22 N/A$— Derivatives in fair value hedging relationships:Change in excluded component of fair value hedge$(2)Other expense (income)$— 13-Week Period Ended Dec. 30, 2023Amount of Gain or (Loss) Recognized in Other Comprehensive Income on DerivativesLocation of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into IncomeAmount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income(In millions)(In millions)Derivatives in cash flow hedging relationships:Fuel swaps$(24)Operating expense$1 Foreign currency contracts(1)Cost of sales / Other income— Total$(25)$1 Derivatives in net investment hedging relationships:Cross currency contracts$(22)N/A$— 

15

The location and effect of cash flow, net investment, and excluded components of fair value hedges on the consolidated statements of comprehensive income for the 26-week periods ended December 28, 2024 and December 30, 2023, presented on a pretax basis, are as follows:26-Week Period Ended Dec. 28, 2024Amount of Gain or (Loss) Recognized in Other Comprehensive Income on DerivativesLocation of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into IncomeAmount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income(In millions)(In millions)Derivatives in cash flow hedging relationships:Fuel swaps$(11)Operating expense$5 Foreign currency contracts(1)Cost of sales / Other income— Total$(12)$5 Derivatives in net investment hedging relationships:Cross currency contracts$4 N/A$— Derivatives in fair value hedging relationships:Change in excluded component of fair value hedge$(2)Other expense (income)$— 26-Week Period Ended Dec. 30, 2023Amount of Gain or (Loss) Recognized in Other Comprehensive Income on DerivativesLocation of Gain or (Loss) Reclassified from