SUPPLEMENTAL BALANCE SHEET INFORMATION

3 Months Ended

Mar. 30, 2025

The components of certain asset accounts included within our Consolidated Balance Sheets are as follows:


	March 30, 2025		December 31, 2024
Inventories:
Raw materials	$	767,802	$	477,592
Goods in process	305,364		204,674
Finished goods	986,432		990,785
Inventories at First In First Out	2,059,598		1,673,051
Adjustment to Last In First Out	(592,265)		(418,957)
Total inventories	$	1,467,333	$	1,254,094

Prepaid expenses and other:
Prepaid expenses	$	165,291	$	269,792

Other current assets	776,627		704,423
Total prepaid expenses and other	$	941,918	$	974,215

Property, plant and equipment:
Land	$	195,475	$	194,502
Buildings	2,010,638		1,991,937
Machinery and equipment	4,248,792		4,147,530
Construction in progress	405,561		478,842
Property, plant and equipment, gross	6,860,466		6,812,811
Accumulated depreciation	(3,423,485)		(3,353,958)
Property, plant and equipment, net	$	3,436,981	$	3,458,853

Other non-current assets:
Pension	$	39,031	$	41,298
Capitalized software, net	360,577		367,087

Operating lease ROU assets	357,070		337,739
Investments in unconsolidated affiliates	209,578		212,928
Other non-current assets	160,573		152,815
Total other non-current assets	$	1,126,829	$	1,111,867


The components of certain liability and stockholders’ equity accounts included within our Consolidated Balance Sheets are as follows:
	March 30, 2025		December 31, 2024
Accounts payable:
Accounts payable—trade	$	775,019	$	807,918
Supplier finance program obligations	305,180		215,122
Other	335,261		136,137
Total accounts payable	$	1,415,460	$	1,159,177

Accrued liabilities:
Payroll, compensation and benefits	$	170,892	$	226,774
Advertising, promotion and product allowances	379,927		359,986
Operating lease liabilities	45,682		40,636

Other	230,446		179,945
Total accrued liabilities	$	826,947	$	807,341

Other long-term liabilities:
Post-retirement benefits liabilities	$	85,790	$	87,006
Pension benefits liabilities	29,168		33,837
Operating lease liabilities	319,640		304,767
Other	241,659		262,649
Total other long-term liabilities	$	676,257	$	688,259

Accumulated other comprehensive loss:
Foreign currency translation adjustments	$	(167,837)	$	(177,741)
Pension and post-retirement benefit plans, net of tax	(119,987)		(122,098)
Cash flow hedges, net of tax	(3,475)		(4,051)
Total accumulated other comprehensive loss	$	(291,299)	$	(303,890)