XML 28 R10.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 1,101,240 $ 1,107,226 $ 1,088,712
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]      
Depreciation and amortization 447,162 393,049 343,062
Gain (Loss) on Disposition of Property Plant Equipment (62,500) (48,013) 2,158
Share-based Payment Arrangement, Noncash Expense 48,367 57,015 53,832
Deferred Income Tax Expense (Benefit) (22,602) 6,172 51,693
Change in assets and liabilities      
Increase (Decrease) in Inventories (194,323) 40,872 (349,742)
Increase (Decrease) in Prepaid Expense and Other Assets 11,484 22,380 (64,060)
Increase (Decrease) in Accounts Payable 56,374 (218,829) 162,335
Increase (Decrease) in Employee Related Liabilities 9,375 (31,498) 6,433
Increase (Decrease) in Accrued Liabilities 20,917 (13,082) (13,137)
Increase (Decrease) in Income Taxes Payable (19,174) (11,931) 26,570
Increase (Decrease) in Other Operating Assets and Liabilities, Net 24,515 30,672 49,123
Net Cash Provided by (Used in) Operating Activities, Total 1,420,835 1,334,033 1,356,979
Cash flows from investing activities:      
Payments to Acquire Property, Plant, and Equipment (784,047) (753,883) (773,369)
Proceeds from Sale of Property, Plant, and Equipment 140,129 86,504 1,044
Payments to Acquire Businesses, Net of Cash Acquired 0 0 (390,765)
Proceeds from sale of business assets 0 14,310 69,364
Net Cash Provided by (Used in) Investing Activities, Total (643,918) (653,069) (1,093,726)
Cash flows from financing activities:      
Proceeds from Issuance of Unsecured Debt 785,000 1,767,000 1,010,000
Repayments of Unsecured Debt (685,000) (1,195,000) (832,000)
Debt discounts and issuance costs 0 (9,729) 0
Repayments of Long-term Capital Lease Obligations (4,787) (4,808) (4,058)
Repurchase of shares to satisfy tax obligations (23,941) (24,245) (28,592)
Repurchase of common stock (560,634) (594,390) (700,063)
Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised 39,357 24,397 25,535
Payments of Dividends (472,492) (449,620) (409,603)
Net Cash Provided by (Used in) Financing Activities, Total (922,497) (486,395) (938,781)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (145,580) 194,569 (675,528)
Cash and cash equivalents at beginning of year 397,071 202,502 878,030
Cash and cash equivalents at end of year 251,491 397,071 202,502
Cash paid during the year for:      
Interest Paid, Excluding Capitalized Interest, Operating Activities 65,865 56,315 26,637
Income taxes 351,464 325,222 239,129
Supplemental disclosures of non-cash activities [Abstract]      
Non-cash accruals for construction in progress 82,324 60,055 45,742
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 659,008 628,991 416,547
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability $ 0 $ 450 $ 5,143