Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 58

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 8
Chunk 58
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provide contribution amounts based on Sysco’s fiscal years, which may not coincide with the plans’ fiscal years.•The “Sysco 5% of Total Plan Contributions” columns indicate whether Sysco was listed on Schedule R of the plan’s most recently filed Form 5500s as providing more than five percent of the total contributions to the plan, and the plan year-end is noted. Sysco ContributionsSysco 5% ofTotal Plan ContributionsPension Fund202520242023Year Ending 12/31/23Year Ending 12/31/22 (In millions)  Western Conference of Teamsters Pension Plan$48 $47 $41 NoNoFor the plan noted in the table above, minimum contributions outside of the agreed upon contractual rate are not required.

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16.  EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share: 202520242023 (In millions, except for share and per share data)Numerator:  Net earnings$1,828 $1,955 $1,770 Denominator: Weighted-average basic shares outstanding488,144,333 501,238,422 507,362,913 Dilutive effect of share-based awards1,681,315 1,857,664 2,356,843 Weighted-average diluted shares outstanding489,825,648 503,096,086 509,719,756 Basic earnings per share$3.74 $3.90 $3.49 Diluted earnings per share$3.73 $3.89 $3.47 The number of securities that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 4,176,838, 4,611,724 and 2,373,000 for fiscal 2025, 2024 and 2023, respectively.Dividends declared were $1.0 billion, $1.0 billion and $999 million in fiscal 2025, 2024 and 2023, respectively. Included in dividends declared for each year were dividends declared but not yet paid at year-end of approximately $258 million, $251 million and $253 million in fiscal 2025, 2024 and 2023, respectively.

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17.  OTHER COMPREHENSIVE INCOME

Comprehensive income is net earnings plus certain other