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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Current Assets    
Cash and cash equivalents $ 268.3 $ 290.5
Accounts and notes receivable, net 1,419.6 1,153.7
Inventories, net 4,442.6 4,536.4
Prepaid expenses 334.2 347.1
Other current assets 35.9 50.0
Total Current Assets 6,500.6 6,377.7
Property, plant and equipment, net 1,970.7 2,034.3
Goodwill 8,027.0 7,905.5
Intangibles, net 3,530.5 3,730.9
Other assets 1,725.1 1,800.5
Total Assets 21,753.9 21,848.9
Current Liabilities    
Short-term borrowings 1,355.0 0.0
Current maturities of long-term debt 554.8 500.4
Accounts payable 2,163.0 2,437.2
Accrued expenses 1,789.7 1,979.3
Total Current Liabilities 5,862.5 4,916.9
Long-term debt 4,702.8 5,602.6
Deferred taxes 49.3 165.3
Post-retirement benefits 329.3 325.9
Other liabilities 1,832.7 2,118.3
Commitments and Contingencies (Notes P and O)
Shareowners’ Equity    
Common stock, par value $2.50 per share: Authorized 300,000,000 shares in 2025 and 2024 Issued 176,902,738 shares in 2025 and 2024 442.3 442.3
Retained earnings 8,212.7 8,343.3
Additional paid in capital 5,081.5 5,071.3
Accumulated other comprehensive loss (2,008.3) (2,320.9)
Stockholders' equity subtotal 11,728.2 11,536.0
Less: cost of common stock in treasury (22,052,025 shares in 2025 and 22,529,805 shares in 2024) (2,750.9) (2,816.1)
Total Shareowners’ Equity 8,977.3 8,719.9
Total Liabilities and Shareowners’ Equity $ 21,753.9 $ 21,848.9