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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2019
Dec. 29, 2018
Jun. 30, 2018
Assets      
Cash and cash equivalents $ 257,941 $ 433,022 $ 397,971
Trade accounts receivable, net 1,011,816 870,878 973,807
Inventories 2,233,760 2,054,458 2,112,211
Other current assets 152,925 159,231 132,757
Total current assets 3,656,442 3,517,589 3,616,746
Property, net 597,444 607,688 617,302
Right-of-use assets 484,168 0 0
Trademarks and other identifiable intangibles, net 1,541,306 1,555,381 1,610,567
Goodwill 1,240,853 1,241,727 1,259,010
Deferred tax assets 264,592 249,693 218,269
Other noncurrent assets 92,087 83,880 105,992
Total assets 7,876,892 7,255,958 7,427,886
Liabilities and Stockholders’ Equity      
Accounts payable 1,026,863 1,029,933 935,176
Accrued liabilities 547,306 553,901 506,360
Lease liabilities 144,453 0 0
Notes payable 4,695 5,824 14,540
Accounts Receivable Securitization Facility 190,311 161,608 153,386
Current portion of long-term debt 156,189 278,976 181,349
Total current liabilities 2,069,817 2,030,242 1,790,811
Long-term debt 3,671,066 3,534,183 4,149,201
Lease liabilities - noncurrent 371,964 0 0
Pension and postretirement benefits 351,453 378,972 388,256
Other noncurrent liabilities 277,742 342,278 332,427
Total liabilities 6,742,042 6,285,675 6,660,695
Stockholders’ equity:      
Preferred stock (50,000,000 authorized shares; $.01 par value) Issued and outstanding - None 0 0 0
Common stock (2,000,000,000 authorized shares; $.01 par value) Issued and outstanding - 361,530,648, 361,330,128, and 360,363,608, respectively 3,615 3,613 3,605
Additional paid-in capital 308,555 284,877 275,120
Retained earnings 1,395,306 1,184,735 961,020
Accumulated other comprehensive loss (572,626) (502,942) (472,554)
Total stockholders’ equity 1,134,850 970,283 767,191
Total liabilities and stockholders’ equity $ 7,876,892 $ 7,255,958 $ 7,427,886