XML 21 R3.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
12 Months Ended
Dec. 26, 2020
Dec. 28, 2019
Dec. 29, 2018
Income Statement [Abstract]      
Net Sales $ 10,620,352,000 $ 8,351,931,000 $ 7,911,046,000
Cost of Merchandise Sold 6,858,803,000 5,480,161,000 5,208,518,000
Gross profit 3,761,549,000 2,871,770,000 2,702,528,000
Selling, general and administrative expenses 2,478,524,000 1,932,572,000 1,823,440,000
Depreciation and amortization 217,124,000 195,978,000 177,351,000
Goodwill and Intangible Asset Impairment 68,973,000 0 0
Operating income 996,928,000 743,220,000 701,737,000
Interest expense, net 28,781,000 19,843,000 18,352,000
Income before income taxes 968,147,000 723,377,000 683,385,000
Income tax expense 219,189,000 161,023,000 151,028,000
Net income $ 748,958,000 $ 562,354,000 $ 532,357,000
Net income per share – basic $ 6.44 $ 4.70 $ 4.34
Net income per share – diluted $ 6.38 $ 4.66 $ 4.31
Weighted average shares outstanding      
Basic 116,370 119,727 122,651
Diluted 117,436 120,743 123,471
Dividends declared per common share outstanding $ 1.50 $ 1.36 $ 1.20
Goodwill and Intangible Asset Impairment $ 68,973,000 $ 0 $ 0
Other Asset Impairment Charges $ 5,078,000 $ 0 $ 0