XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Jul. 01, 2023
Assets      
Cash and cash equivalents $ 213,767 $ 185,717 $ 173,415
Trade accounts receivable, net 483,951 451,052 558,165
Inventories 937,980 972,654 1,173,006
Other current assets 189,347 117,057 155,262
Current assets held for sale 460,863 549,735 831,849
Total current assets 2,285,908 2,276,215 2,891,697
Property, net 209,801 354,410 369,812
Right-of-use assets 240,219 281,898 297,820
Trademarks and other identifiable intangibles, net 936,294 959,851 955,786
Goodwill 658,736 664,805 658,864
Deferred tax assets 17,029 18,176 3,762
Other noncurrent assets 126,385 139,151 142,398
Noncurrent assets held for sale 905,472 945,808 958,892
Total assets 5,379,844 5,640,314 6,279,031
Liabilities and Stockholders’ Equity      
Accounts payable 704,114 580,285 791,531
Accrued liabilities 512,717 421,805 399,696
Lease liabilities 65,136 70,490 67,731
Accounts Receivable Securitization Facility 0 6,000 149,000
Current portion of long-term debt 44,250 59,000 59,000
Current liabilities held for sale 240,263 252,988 261,130
Total current liabilities 1,566,480 1,390,568 1,728,088
Long-term debt 3,224,155 3,235,640 3,504,275
Lease liabilities - noncurrent 217,483 239,686 252,944
Pension and postretirement benefits 95,067 103,456 109,708
Other noncurrent liabilities 93,705 123,918 206,534
Noncurrent liabilities held for sale 118,551 127,693 129,522
Total liabilities 5,315,441 5,220,961 5,931,071
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 - 351,643,593, 350,137,826 and 349,839,924, respectively 3,516 3,501 3,498
Additional paid-in capital 363,078 353,367 343,042
Retained earnings 217,400 554,796 515,595
Accumulated other comprehensive loss (519,591) (492,311) (514,175)
Total stockholders’ equity 64,403 419,353 347,960
Total liabilities and stockholders’ equity $ 5,379,844 $ 5,640,314 $ 6,279,031