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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Jun. 27, 2020
Assets      
Cash and cash equivalents $ 667,298 $ 900,615 $ 556,099
Trade accounts receivable, net 960,993 768,221 1,139,130
Inventories 1,530,622 1,367,758 1,774,139
Other current assets 159,715 158,700 171,435
Current assets of discontinued operations 301,986 234,086 401,347
Total current assets 3,620,614 3,429,380 4,042,150
Property, net 446,356 477,821 496,933
Right-of-use assets 398,526 432,631 438,683
Trademarks and other identifiable intangibles, net 1,258,783 1,293,847 1,196,359
Goodwill 1,148,021 1,158,938 1,144,739
Deferred tax assets 351,309 367,976 193,100
Other noncurrent assets 54,380 64,773 118,296
Noncurrent assets of discontinued operations 0 494,501 493,045
Total assets 7,277,989 7,719,867 8,123,305
Liabilities and Stockholders’ Equity      
Accounts payable 1,171,645 891,868 1,101,438
Accrued liabilities 628,007 609,864 452,763
Lease liabilities 129,053 136,510 147,406
Notes payable 0 0 13
Current portion of long-term debt 37,500 263,936 0
Current liabilities of discontinued operations 289,751 222,183 310,972
Total current liabilities 2,255,956 2,124,361 2,012,592
Long-term debt 3,647,482 3,739,434 3,985,631
Lease liabilities - noncurrent 299,380 331,577 330,599
Pension and postretirement benefits 327,597 381,457 328,647
Other noncurrent liabilities 185,384 216,091 270,152
Noncurrent liabilities of discontinued operations 0 112,989 116,364
Total liabilities 6,715,799 6,905,909 7,043,985
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 - 349,115,411, 348,802,220, and 348,092,986, respectively 3,491 3,488 3,481
Additional paid-in capital 310,148 307,883 302,522
Retained earnings 829,479 1,069,546 1,404,326
Accumulated other comprehensive loss (580,928) (566,959) (631,009)
Total stockholders’ equity 562,190 813,958 1,079,320
Total liabilities and stockholders’ equity $ 7,277,989 $ 7,719,867 $ 8,123,305