XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 26, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 308,121 $ 445,084
Accounts receivable, net 415,297 383,569
Inventories 510,531 477,643
Prepaid expenses and other current assets 112,595 117,277
Prepaid taxes 38,801 5,545
Total current assets 1,385,345 1,429,118
Property, plant and equipment, net 429,372 443,758
Operating lease assets 118,620 129,653
Goodwill 2,461,083 2,504,202
Intangible assets, net 2,226,875 2,289,067
Deferred tax assets 6,243 6,820
Other assets 104,308 69,104
Total assets 6,731,846 6,871,722
Current liabilities    
Current borrowings 110,000 110,000
Accounts payable 121,418 118,236
Accrued expenses 151,715 163,441
Payroll and benefit-related liabilities 114,384 143,657
Accrued interest 4,751 5,209
Income taxes payable 52,174 83,943
Other current liabilities 56,004 55,633
Total current liabilities 610,446 680,119
Long-term borrowings 1,605,954 1,740,102
Deferred tax liabilities 379,931 370,124
Pension and postretirement benefit liabilities 42,097 45,185
Noncurrent liability for uncertain tax positions 8,543 8,646
Noncurrent operating lease liabilities 104,702 116,033
Other liabilities 127,443 156,765
Total liabilities 2,879,116 3,116,974
Commitments and contingencies
Total shareholders' equity 3,852,730 3,754,748
Total liabilities and shareholders' equity $ 6,731,846 $ 6,871,722