Sysco 2011 Annual Report Download - page 36

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Item 6. Selected Financial Data
2011
2010
(53 Weeks) 2009 2008 2007
Fiscal Year
(In thousands except for per share data)
Sales ....................................... $39,323,489 $37,243,495 $36,853,330 $37,522,111 $35,042,075
Operating income............................... 1,931,502 1,975,868 1,872,211 1,879,949 1,708,482
Earnings before income taxes ...................... 1,827,454 1,849,589 1,770,834 1,791,338 1,621,215
Income taxes.................................. 675,424 669,606 714,886 685,187 620,139
Net earnings .................................. $ 1,152,030 $ 1,179,983 $ 1,055,948 $ 1,106,151 $ 1,001,076
Net earnings:
Basic earnings per share . ....................... $ 1.96 $ 1.99 $ 1.77 $ 1.83 $ 1.62
Diluted earnings per share ....................... 1.96 1.99 1.77 1.81 1.60
Dividends declared per share ....................... $ 1.03 $ 0.99 $ 0.94 $ 0.85 $ 0.74
Total assets . .................................. $11,385,555 $10,313,701 $10,148,186 $10,010,615 $ 9,475,365
Capital expenditures ............................. 636,442 594,604 464,561 515,963 603,242
Current maturities of long-term debt.................. $ 207,031 $ 7,970 $ 9,163 $ 4,896 $ 3,568
Long-term debt ................................ 2,279,517 2,472,662 2,467,486 1,975,435 1,758,227
Total long-term debt ............................. 2,486,548 2,480,632 2,476,649 1,980,331 1,761,795
Shareholders’ equity ............................. 4,705,242 3,827,526 3,449,702 3,408,986 3,278,400
Total capitalization .............................. $ 7,191,790 $ 6,308,158 $ 5,926,351 $ 5,389,317 $ 5,040,195
Ratio of long-term debt to capitalization . . . ............ 34.6% 39.3% 41.8% 36.8% 35.0%
Our financial results are impacted by accounting changes and the adoption of various accounting standards. See Note 2, “Accounting Changes,”
to the Consolidated Financial Statements in Item 8 for further discussion.
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