Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Dec. 27, 2025	Dec. 28, 2024
Cash flows from operating activities:
Net income	$ 155.3	$ 150.4
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation	261.7	211.5
Amortization of intangible assets	133.6	123.9
Amortization of deferred financing costs	6.7	6.0
Provision for losses on accounts receivables	13.3	11.9
Change in LIFO reserve	52.6	30.5
Stock compensation expense	25.6	23.0
Deferred income tax expense (benefit)	20.6	(16.8)
Change in fair value of derivative assets and liabilities	0.0	0.2
Other non-cash activities	1.8	1.4
Changes in operating assets and liabilities, net
Accounts receivable	96.3	96.4
Inventories	(408.9)	(325.7)
Income taxes receivable	31.2	(25.7)
Prepaid expenses and other assets	(39.0)	48.5
Trade accounts payable and outstanding checks in excess of deposits	150.8	145.7
Accrued expenses and other liabilities	(45.6)	(102.2)
Net cash provided by operating activities	456.0	379.0
Cash flows from investing activities:
Purchases of property, plant and equipment	(192.3)	(203.9)
Net cash paid for acquisitions	(61.0)	(2,535.5)
Proceeds from sale of property, plant and equipment and other	1.7	2.7
Net cash used in investing activities	(251.6)	(2,736.7)
Cash flows from financing activities:
Net (payments) borrowings under ABL Facility	(118.0)	1,499.9
Cash paid for debt issuance, extinguishment and modifications	0.0	(33.8)
Payments under finance lease obligations	(114.1)	(84.8)
Net cash paid for acquisitions	(5.0)	0.0
Proceeds from employee stock purchase plan	17.1	15.0
Proceeds from exercise of stock options	3.3	3.2
Cash paid for shares withheld to cover taxes	(24.9)	(17.2)
Repurchases of common stock	0.0	(33.6)
Net cash provided by (used in) financing activities	(241.6)	2,348.7
Net decrease in cash and restricted cash	(37.2)	(9.0)
Cash and restricted cash, beginning of period	86.7	27.7
Cash and restricted cash, end of period	49.5	18.7
Interest net of amounts capitalized	207.4	146.3
Income tax payments net of refunds	1.0	84.1
6.125% Notes due 2032 [Member]
Cash flows from financing activities:
Borrowing of Notes due 2032	$ 0.0	$ 1,000.0

Performance Food Group Co 10-Q