XML 36 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 28, 2019
Dec. 29, 2018
Sep. 29, 2018
Assets      
Cash and cash equivalents $ 317,024 $ 433,022 $ 398,499
Trade accounts receivable, net 1,033,938 870,878 1,044,516
Inventories 2,108,281 2,054,458 2,139,281
Other current assets 166,727 159,231 154,909
Total current assets 3,625,970 3,517,589 3,737,205
Property, net 581,971 607,688 607,649
Right-of-use assets 475,037 0 0
Trademarks and other identifiable intangibles, net 1,493,969 1,555,381 1,586,148
Goodwill 1,223,216 1,241,727 1,252,524
Deferred tax assets 257,314 249,693 191,649
Other noncurrent assets 115,821 83,880 80,331
Total assets 7,773,298 7,255,958 7,455,506
Liabilities and Stockholders’ Equity      
Accounts payable 997,069 1,029,933 975,138
Accrued liabilities 589,992 553,901 531,740
Lease liabilities 145,055 0 0
Notes payable 4,275 5,824 14,051
Accounts Receivable Securitization Facility 208,604 161,608 221,979
Current portion of long-term debt 151,909 278,976 284,220
Total current liabilities 2,096,904 2,030,242 2,027,128
Long-term debt 3,467,591 3,534,183 3,863,580
Lease liabilities - noncurrent 364,083 0 0
Pension and postretirement benefits 348,674 378,972 386,647
Other noncurrent liabilities 265,804 342,278 307,563
Total liabilities 6,543,056 6,285,675 6,584,918
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 - 361,612,383, 361,330,128, and 360,660,993, respectively 3,616 3,613 3,607
Additional paid-in capital 310,327 284,877 275,671
Retained earnings 1,528,258 1,184,735 1,077,808
Accumulated other comprehensive loss (611,959) (502,942) (486,498)
Total stockholders’ equity 1,230,242 970,283 870,588
Total liabilities and stockholders’ equity $ 7,773,298 $ 7,255,958 $ 7,455,506