Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 45

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 8
Chunk 45
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502 208 158 (1)Information under U.S. Pension Benefits as of June 28, 2025 and June 29, 2024 includes both the U.S. Retirement Plan and the SERP.Components of Net Benefit Costs and Other Comprehensive IncomeThe components of net company-sponsored pension costs for each fiscal year are as follows:

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 202520242023 U.S. Pension BenefitsInternational Pension BenefitsU.S. Pension BenefitsInternational Pension BenefitsU.S. Pension BenefitsInternational Pension Benefits (In millions)Service cost$7 $2 $8 $2 $8 $2 Interest cost166 15 164 14 171 10 Expected return on plan assets(138)(11)(143)(12)(148)(11)Amortization of prior service cost— — 1 — — — Amortization of actuarial loss30 3 28 1 33 — Curtailment gain— (1)— (1)— (1)Settlement loss recognized— — — — 315 — Net pension costs$65 $8 $58 $4 $379 $— The components of net company-sponsored pension costs other than the service cost component are reported in Other expense (income), net within the consolidated results of operations.Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) related to company-sponsored pension plans for each fiscal year are as follows: 202520242023 U.S. Pension BenefitsInternational Pension BenefitsU.S. Pension BenefitsInternational Pension BenefitsU.S. Pension BenefitsInternational Pension Benefits (In millions)Amortization of prior service cost$— $— $1 $— $— $— Amortization of actuarial loss30 3 28 1 348 — Prior service cost arising in current year(2)— — — (3)— Effect of exchange rates on amounts in AOCI— (8)— (1)— (4)Actuarial gain (loss) arising in current year(50)32 (73)(54)(46)(72)Net pension income (cost)$(22)$27 $(44)$(54)$299 $(76)

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Amounts included in accumulated other comprehensive loss (income) as of June 28, 2025 that are expected to be recognized as components of net company-sponsored