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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Apr. 03, 2021
Assets      
Cash and cash equivalents $ 369,210 $ 536,277 $ 530,403
Trade accounts receivable, net 898,420 894,151 807,738
Inventories 1,819,974 1,584,015 1,489,565
Other current assets 202,015 186,503 153,358
Current assets held for sale 7,959 327,157 303,045
Total current assets 3,297,578 3,528,103 3,284,109
Property, net 443,817 441,401 458,434
Right-of-use assets 350,174 363,854 416,136
Trademarks and other identifiable intangibles, net 1,235,276 1,220,170 1,269,932
Goodwill 1,138,667 1,133,095 1,150,138
Deferred tax assets 326,677 327,804 355,826
Other noncurrent assets 67,520 57,009 54,678
Total assets 6,859,709 7,071,436 6,989,253
Liabilities and Stockholders’ Equity      
Accounts payable 1,204,196 1,214,847 976,887
Accrued liabilities 575,911 660,778 571,410
Lease liabilities 117,465 109,526 132,127
Accounts Receivable Securitization Facility 135,500 0 0
Current portion of long-term debt 25,000 25,000 34,375
Current liabilities held for sale 7,959 316,902 288,936
Total current liabilities 2,066,031 2,327,053 2,003,735
Long-term debt 3,325,042 3,326,091 3,649,631
Lease liabilities - noncurrent 258,663 281,852 315,382
Pension and postretirement benefits 242,690 248,518 333,460
Other noncurrent liabilities 187,867 185,429 202,564
Total liabilities 6,080,293 6,368,943 6,504,772
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 - 348,775,722, 349,903,253 and 349,090,472, respectively 3,488 3,499 3,491
Additional paid-in capital 315,675 315,337 304,090
Retained earnings 976,944 935,260 753,785
Accumulated other comprehensive loss (516,691) (551,603) (576,885)
Total stockholders’ equity 779,416 702,493 484,481
Total liabilities and stockholders’ equity $ 6,859,709 $ 7,071,436 $ 6,989,253