Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Oct. 01, 2016
Current assets      
Cash and equivalents $ 1,546,128 $ 1,227,862 $ 737,825
Accounts receivable, less allowance for doubtful accounts of: September 2017 – $21,469; December 2016 – $20,539; September 2016 – $22,654 1,851,430 1,161,393 1,736,521
Inventories 1,909,563 1,471,300 1,897,546
Other current assets 319,991 296,698 293,904
Current assets of discontinued operations 315 135,845 153,227
Total current assets 5,627,427 4,293,098 4,819,023
Property, plant and equipment, net 921,217 926,010 935,015
Intangible assets, net 1,936,522 1,797,271 1,925,955
Goodwill 1,642,873 1,708,323 1,769,838
Other assets 746,882 929,190 904,742
Other assets of discontinued operations 0 85,395 88,536
Total assets 10,874,921 9,739,287 10,443,109
Current liabilities      
Short-term borrowings 1,985,287 26,029 737,660
Current portion of long-term debt 253,831 253,689 3,643
Accounts payable 554,107 642,970 550,427
Accrued liabilities 1,028,170 827,507 860,383
Current liabilities of discontinued operations 0 35,205 25,083
Total current liabilities 3,821,395 1,785,400 2,177,196
Long-term debt 2,144,221 2,039,180 2,347,122
Other liabilities 971,885 977,076 1,049,353
Other liabilities of discontinued operations 0 (3,290) (3,339)
Commitments and contingencies
Total liabilities 6,937,501 4,798,366 5,570,332
Stockholders’ equity      
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at September 2017, December 2016 or September 2016 0 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at September 2017 – 394,502,698; December 2016 – 414,012,954; September 2016 – 413,682,259 98,626 103,503 103,421
Additional paid-in capital 3,456,661 3,333,423 3,313,077
Accumulated other comprehensive loss (914,896) (1,041,463) (998,020)
Retained earnings 1,297,029 2,545,458 2,454,299
Total stockholders’ equity 3,937,420 4,940,921 4,872,777
Total liabilities and stockholders’ equity $ 10,874,921 $ 9,739,287 $ 10,443,109