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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Cash flows from operating activities:    
Net income $ 868,680 $ 864,834
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 366,248 327,107
(Gain)/loss on disposition of property and equipment (66,046) (38,751)
Share-based compensation expense 41,290 35,124
Deferred income taxes 16,756 (21,212)
Change in assets and liabilities:    
Inventories (394,426) (436,665)
Prepaid expenses and other current assets (8,357) 9,092
Accounts payable 301,773 170,014
Accrued employee compensation (44,722) (38,413)
Other accrued expenses 109,973 (227)
Income taxes 57,818 (11,920)
Other 61,438 44,627
Net cash provided by operating activities 1,310,425 903,610
Cash flows from investing activities:    
Capital expenditures (629,213) (538,018)
Proceeds from sale of property and equipment 92,238 77,895
Acquisition of Allivet, net of cash acquired (139,895) 0
Net cash used in investing activities (676,870) (460,123)
Cash flows from financing activities:    
Borrowings under debt facilities 2,190,000 585,000
Repayments under debt facilities (2,280,000) (485,000)
Principal payments under finance lease liabilities (3,048) (1,317)
Repurchase of shares to satisfy tax obligations (15,696) (23,618)
Repurchase of common stock (244,010) (406,663)
Net proceeds from issuance of common stock 18,591 32,516
Cash dividends paid to stockholders (366,244) (355,182)
Net cash used in financing activities (700,407) (654,264)
Net decrease in cash and cash equivalents (66,852) (210,777)
Cash and cash equivalents at beginning of period 251,491 397,071
Cash and cash equivalents at end of period 184,639 186,294
Cash paid during the period for:    
Interest 41,009 36,433
Income taxes 55,449 278,273
Supplemental disclosures of non-cash activities:    
Non-cash accruals for property and equipment 123,631 75,332
Increase of operating lease assets and liabilities from new or modified leases 629,056 442,399
Increase of finance lease assets and liabilities from new or modified leases $ 4,289 $ 0