v3.23.2
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Interest Rate Swaps [Member]
Change in Accounting Principle [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Change in Accounting Principle [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Interest Rate Swaps [Member]
Retained Earnings [Member]
Balance Beginning at Jun. 27, 2020 $ 2,010.6     $ 1.3 $ 1,703.0   $ (10.3)   $ 316.6
Balance Beginning, shares at Jun. 27, 2020       131,300,000          
Net Income (Loss) 40.7               40.7
Interest rate swaps 5.0           5.0    
Foreign currency translation adjustment 0.0                
Issuance of common stock under stock-based compensation plans 0.8       0.8        
Issuance of common stock under stock-based compensation plans, shares       500,000          
Issuance of common stock under employee stock purchase plan 26.2       26.2        
Issuance of common stock under employee stock purchase plan, shares       700,000          
Stock-based compensation expense 22.8       22.8        
Balance Ending at Jul. 03, 2021 2,106.1     $ 1.3 1,752.8   (5.3)   357.3
Balance Ending, shares at Jul. 03, 2021       132,500,000          
Net Income (Loss) 112.5               112.5
Interest rate swaps 16.7 $ 18.0           $ 18.0  
Foreign currency translation adjustment (1.3)           (1.3)    
Issuance of common stock under stock-based compensation plans (8.7)       (8.7)        
Issuance of common stock under stock-based compensation plans, shares       700,000          
Issuance of common stock under employee stock purchase plan 24.6       24.6        
Issuance of common stock under employee stock purchase plan, shares       500,000          
Conversion of Core-Mark shares of common stock 998.8     $ 0.2 998.6        
Conversion of Core-Mark shares of common stock, shares       19,900,000          
Conversion of Core-Mark stock-based compensation [1]     $ 9.2     $ 9.2      
Stock-based compensation expense 40.3       40.3        
Balance Ending at Jul. 02, 2022 $ 3,299.5     $ 1.5 2,816.8   11.4   469.8
Balance Ending, shares at Jul. 02, 2022 153,600,000     153,600,000          
Net Income (Loss) $ 397.2               397.2
Interest rate swaps 2.6 $ 3.4           $ 3.4  
Foreign currency translation adjustment (0.8)           (0.8)    
Issuance of common stock under stock-based compensation plans (9.5)       (9.5)        
Issuance of common stock under stock-based compensation plans, shares       600,000          
Issuance of common stock under employee stock purchase plan 27.7       27.7        
Issuance of common stock under employee stock purchase plan, shares       500,000          
Stock-based compensation expense 39.2       39.2        
Common stock repurchased (11.2)     $ (11.2) (11.2)        
Common stock repurchased, shares       (200,000)          
Balance Ending at Jul. 01, 2023 $ 3,745.5     $ 1.5 $ 2,863.0   $ 14.0   $ 867.0
Balance Ending, shares at Jul. 01, 2023 154,500,000     154,500,000          
[1]

(1) Represents the portion of replacement stock-based compensation awards that relates to pre-combination vesting.