Sysco 2007 Annual Report Download - page 91

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The following table sets forth the financial information for SYSCO’s business segments:
(In thousands) 2007 2006 2005
Fiscal Year
Sales:
Broadline _________________________________________________________ $27,560,375 $25,758,645 $24,337,965
SYGMA ___________________________________________________________ 4,380,955 4,131,666 3,747,349
Other ____________________________________________________________ 3,571,213 3,139,278 2,538,007
Intersegment sales ________________________________________________ (470,468) (401,151) (341,407)
Total _____________________________________________________________ $35,042,075 $32,628,438 $30,281,914
Earnings before income taxes and cumulative effect of accounting change:
Broadline _________________________________________________________ $ 1,692,952 $ 1,545,417 $ 1,515,686
SYGMA ___________________________________________________________ 10,393 (660) 11,028
Other ____________________________________________________________ 127,741 119,222 93,474
Total segments ____________________________________________________ 1,831,086 1,663,979 1,620,188
Unallocated corporate expenses _____________________________________ (209,871) (269,033) (94,752)
Total _____________________________________________________________ $ 1,621,215 $ 1,394,946 $ 1,525,436
Depreciation and amortization:
Broadline _________________________________________________________ $ 249,083 $ 237,437 $ 238,098
SYGMA ___________________________________________________________ 29,740 26,667 20,614
Other ____________________________________________________________ 30,694 26,456 20,488
Total segments ____________________________________________________ 309,517 290,560 279,200
Corporate ________________________________________________________ 53,042 54,502 37,543
Total _____________________________________________________________ $ 362,559 $ 345,062 $ 316,743
Capital expenditures:
Broadline _________________________________________________________ $ 404,728 $ 335,437 $ 271,114
SYGMA ___________________________________________________________ 41,596 62,917 51,403
Other ____________________________________________________________ 56,037 55,650 24,060
Total segments ____________________________________________________ 502,361 454,004 346,577
Corporate ________________________________________________________ 100,881 59,930 43,449
Total _____________________________________________________________ $ 603,242 $ 513,934 $ 390,026
Assets:
Broadline _________________________________________________________ $ 5,573,079 $ 5,248,223 $ 4,889,316
SYGMA ___________________________________________________________ 385,470 359,116 277,922
Other ____________________________________________________________ 929,573 832,223 656,215
Total segments ____________________________________________________ 6,888,122 6,439,562 5,823,453
Corporate ________________________________________________________ 2,630,809 2,552,463 2,444,449
Total _____________________________________________________________ $ 9,518,931 $ 8,992,025 $ 8,267,902
The company does not allocate share-based compensation related to stock option grants, issuances of stock pursuant to
the Employees’ Stock Purchase Plan and stock grants to non-employee directors. The decrease in unallocated corporate
expenses in fiscal 2007 over fiscal 2006 is primarily attributable to reduced share-based compensation expense and
increased gains recorded related to the cash surrender value of corporate-owned life insurance policies. The increase
in unallocated corporate expenses in fiscal 2006 over fiscal 2005 is primarily attributable to increased share-based
compensation expense due to the adoption of SFAS 123(R). See further discussion of Share-Based Compensation
in Note 13.
SYSCO Corporation ][ page 65