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INCOME TAXES (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands | Dec. 27, 2020 | Dec. 29, 2019
--- | --- | ---
Deferred tax liabilities: |  |
PP&E and identified intangible assets | $ 322,660 | $ 290,427
Inventories | 116,226 | 81,469
Insurance claims and losses | 32,679 | 31,642
Business combinations | 54,257 | 47,450
Incentive compensation | 16,204 | 12,860
Operating lease assets | 65,906 | 68,846
Other | 26,968 | 14,267
Total deferred tax liabilities | 634,900 | 546,961
Deferred tax assets: |  |
U.S. net operating losses | 3,034 | 3,120
Foreign net operating losses | 56,213 | 50,806
Credit carry forwards | 15,223 | 15,575
Allowance for doubtful accounts | 4,005 | 5,429
Accrued liabilities | 94,769 | 51,148
Workers’ compensation | 36,759 | 36,147
Pension and other postretirement benefits | 35,899 | 29,429
Operating lease liabilities | 65,906 | 68,846
Other | 21,640 | 22,502
Total deferred tax assets | 333,448 | 283,002
Valuation allowance | (32,908) | (33,522)
Net deferred tax assets | 300,540 | 249,480
Net deferred tax liabilities | $ 334,360 | $ 297,481

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