Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 01, 2017
Dec. 31, 2016
Apr. 02, 2016
Current assets      
Cash and equivalents $ 604,444 $ 1,227,862 $ 585,365
Accounts receivable, less allowance for doubtful accounts of: March 2017 – $19,844; December 2016 – $20,539; March 2016 – $26,777 1,253,423 1,161,393 1,222,162
Inventories 1,645,484 1,471,300 1,613,756
Other current assets 353,733 296,698 323,817
Current assets of discontinued operations 235,066 135,845 227,774
Total current assets 4,092,150 4,293,098 3,972,874
Property, plant and equipment 914,244 926,010 930,145
Intangible assets 1,814,098 1,797,271 1,957,965
Goodwill 1,715,121 1,708,323 1,775,458
Other assets 710,665 929,190 894,019
Other assets of discontinued operations 0 85,395 301,802
Total assets 9,246,278 9,739,287 9,832,263
Current liabilities      
Short-term borrowings 288,677 26,029 1,137,205
Current portion of long-term debt 253,736 253,689 3,489
Accounts payable 438,300 642,970 408,156
Accrued liabilities 833,825 827,507 950,312
Current liabilities of discontinued operations 21,321 35,205 30,305
Total current liabilities 1,835,859 1,785,400 2,529,467
Long-term debt 2,051,482 2,039,180 1,401,233
Other liabilities 985,880 977,076 1,000,253
Other liabilities of discontinued operations 0 (3,290) 7,364
Commitments and contingencies
Total liabilities 4,873,221 4,798,366 4,938,317
Stockholders’ equity      
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at March 2017, December 2016 or March 2016 0 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at March 2017 – 406,964,289; December 2016 – 414,012,954; March 2016 – 417,005,209 101,741 103,503 104,251
Additional paid-in capital 3,367,026 3,333,423 3,239,792
Accumulated other comprehensive loss (988,040) (1,041,463) (950,285)
Retained earnings 1,892,330 2,545,458 2,500,188
Total stockholders’ equity 4,373,057 4,940,921 4,893,946
Total liabilities and stockholders’ equity $ 9,246,278 $ 9,739,287 $ 9,832,263