Company: SYY
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000096021-25-000037
Chunk: 52

Company: SYSCO CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 52
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3 Hedged items$(36)$11 $(40)$(19)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 13-week periods ended March 29, 2025 and March 30, 2024, presented on a pretax basis, are as follows:

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13-Week Period Ended Mar. 29, 2025Amount 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$4 Operating expense$1 Derivatives in net investment hedging relationships:Cross currency contracts$(8)N/A$— 13-Week Period Ended Mar. 30, 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$14 Operating expense$— Foreign currency contracts1 Cost of sales / Other expense (income)— Total$15 $— Derivatives in net investment hedging relationships:Cross currency contracts$9 N/A$— 

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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 39-week periods ended March 29, 2025 and March 30, 2024, presented on a pretax basis, are as follows:39-Week Period Ended Mar. 29, 2025Amount 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$(8)Operating expense$6 Foreign currency contracts(1)Cost of sales / Other expense (income)— Total$(9)$6 Derivatives in net investment hedging