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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Apr. 01, 2023
Assets      
Cash and cash equivalents $ 191,216 $ 205,501 $ 213,209
Trade accounts receivable, net 555,679 557,729 681,921
Inventories 1,419,309 1,368,018 1,969,133
Other current assets 157,510 144,967 159,724
Current assets held for sale 0 0 4,986
Total current assets 2,323,714 2,276,215 3,028,973
Property, net 398,089 414,366 442,315
Right-of-use assets 399,312 428,918 454,643
Trademarks and other identifiable intangibles, net 1,197,310 1,235,704 1,241,624
Goodwill 1,099,858 1,112,744 1,106,590
Deferred tax assets 21,003 21,954 21,732
Other noncurrent assets 150,390 150,413 136,803
Total assets 5,589,676 5,640,314 6,432,680
Liabilities and Stockholders’ Equity      
Accounts payable 816,298 736,252 965,630
Accrued liabilities 477,524 478,676 474,840
Lease liabilities 103,867 110,640 100,266
Accounts Receivable Securitization Facility 17,500 6,000 166,000
Current portion of long-term debt 44,250 59,000 52,750
Current liabilities held for sale 0 0 4,986
Total current liabilities 1,459,439 1,390,568 1,764,472
Long-term debt 3,237,419 3,235,640 3,588,945
Lease liabilities - noncurrent 328,150 354,015 379,365
Pension and postretirement benefits 100,132 104,255 113,649
Other noncurrent liabilities 126,362 136,483 246,723
Total liabilities 5,251,502 5,220,961 6,093,154
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 - 351,562,227, 350,137,826 and 349,530,266, respectively 3,515 3,501 3,495
Additional paid-in capital 354,760 353,367 336,851
Retained earnings 515,772 554,796 537,702
Accumulated other comprehensive loss (535,873) (492,311) (538,522)
Total stockholders’ equity 338,174 419,353 339,526
Total liabilities and stockholders’ equity $ 5,589,676 $ 5,640,314 $ 6,432,680