Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 59

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 8
Chunk 59
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 items that are recorded directly to shareholders’ equity, such as foreign currency translation adjustment, amounts related to certain hedging arrangements, amounts related to pension and other postretirement plans and changes in marketable securities. Comprehensive income was $2.1 billion, $1.9 billion and $2.0 billion for fiscal 2025, 2024 and 2023, respectively.A summary of the components of other comprehensive income (loss) and the related tax effects for each of the periods presented is as follows:  2025 Location of Expense(Income) Recognizedin Net EarningsBefore TaxAmountTaxNet of TaxAmount  (In millions)Foreign currency translation:Foreign currency translation adjustmentN/A$287 $— $287 Hedging instruments:Other comprehensive income (loss) before reclassification adjustments:Change in excluded component of fair value   hedgeOther expense (income), net(2)— (2)Change in cash flow hedgesOperating expenses(7)(4)(3)Change in net investment hedges N/A(65)(16)(49)Total other comprehensive income (loss) before reclassification adjustments(74)(20)(54)Reclassification adjustments:Amortization of cash flow hedgesInterest expense6 1 5 Pension and other postretirement benefit plans:    Other comprehensive income before reclassification adjustments:Net actuarial gain (loss) and other adjustments arising in the current yearOther expense (income), net(28)(7)(21)Reclassification adjustments:    Amortization of actuarial loss, netOther expense (income), net28 8 20 Total reclassification adjustments28 8 20 Marketable securities:Change in marketable securitiesOther expense (income), net4 — 4 Total other comprehensive loss$223 $(18)$241 

101

  2024 Location of Expense(Income) Recognizedin Net EarningsBefore TaxAmountTaxNet of TaxAmount  (In millions)Foreign currency translation:    Foreign currency translation adjustmentN/A$(33)$— $(33)Hedging instruments:    Other comprehensive income (loss) before reclassification adjustments:Change in excluded component of fair value   hedgeOther expense (income), net2 — 2 Change in cash flow hedgesOperating expenses21 5 16 Change in net investment hedgesN/A(5)(2)(3)Total other comprehensive income (loss