XML 61 R47.htm IDEA: XBRL DOCUMENT
v3.10.0.1

SEGMENT REPORTING (Tables) | 6 Months Ended
--- | ---
Jul. 01, 2018
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Information on segments and a reconciliation to income before income taxes are as follows:
| Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
| July 1, 2018 |  | June 25, 2017 |  | July 1, 2018 |  | June 25, 2017
| (In thousands)
U.S. | $ | 1,899,435 |  |  | $ | 1,882,142 |  |  | $ | 3,740,540 |  |  | $ | 3,618,547 |
U.K. and Europe | 563,102 |  |  | 500,681 |  |  | 1,107,402 |  |  | 959,530 |
Mexico | 374,176 |  |  | 369,463 |  |  | 735,449 |  |  | 653,549 |
Total net sales | $ | 2,836,713 |  |  | $ | 2,752,286 |  |  | $ | 5,583,391 |  |  | $ | 5,231,626 |
| Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
| July 1, 2018 |  | June 25, 2017 |  | July 1, 2018 |  | June 25, 2017
| (In thousands)
U.S. | $ | 99,469 |  |  | $ | 277,602 |  |  | $ | 226,755 |  |  | $ | 411,159 |
U.K. and Europe | 23,662 |  |  | 18,932 |  |  | 45,075 |  |  | 33,305 |
Mexico | 61,997 |  |  | 81,778 |  |  | 114,867 |  |  | 100,549 |
Elimination | (16 | ) |  | 23 |  |  | 8 |  |  | 46 |
Total operating income | 185,112 |  |  | 378,335 |  |  | 386,705 |  |  | 545,059 |
Interest expense, net of capitalized interest | 40,267 |  |  | 22,567 |  |  | 90,567 |  |  | 41,679 |
Interest income | (4,834 | ) |  | (1,104 | ) |  | (6,424 | ) |  | (1,472 | )
Foreign currency transaction losses (gains) | 5,630 |  |  | (2,303 | ) |  | 3,909 |  |  | (1,612 | )
Miscellaneous, net | (817 | ) |  | (1,272 | ) |  | (2,434 | ) |  | (4,115 | )
Income before income taxes | $ | 144,866 |  |  | $ | 360,447 |  |  | $ | 301,087 |  |  | $ | 510,579 |
Information on segments for goodwill and total assets are as follows:
| July 1, 2018 |  | December 31, 2017
| (In thousands)
U.S. | $ | 41,936 |  |  | $ | 41,936 |
U.K. and Europe | 815,017 |  |  | 834,346 |
Mexico | 125,607 |  |  | 125,607 |
Total goodwill | $ | 982,560 |  |  | $ | 1,001,889 |
| July 1, 2018 |  | December 31, 2017
| (In thousands)
U.S. | $ | 4,850,511 |  |  | $ | 4,444,918 |
U.K. and Europe | 2,049,592 |  |  | 2,226,895 |
Mexico | 963,869 |  |  | 934,511 |
Eliminations(a) | (1,561,403 | ) |  | (1,357,672 | )
Total assets | $ | 6,302,569 |  |  | $ | 6,248,652 |
(a) | Eliminations for the period ended July 1, 2018 include the elimination of the U.S. segment's $191.7 million investment in the Mexico segment, the elimination of $111.0 million in intersegment receivables and payables between the U.S. and Mexico segments and the elimination of the U.S. segment's $1.3 billion investment in the U.K. and Europe segment. Eliminations for the period ended December 31, 2017 include the elimination of the U.S. segment's $191.7 million investment in the Mexico segment and the elimination of $111.1 million in intersegment receivables and payables between the U.S. and Mexico segments and the elimination of the U.S. segment's $1.1 billion investment in the U.K. and Europe segment.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration