Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2017
Dec. 31, 2016
Current assets    
Cash and equivalents $ 566,075 $ 1,227,862
Accounts receivable, less allowance for doubtful accounts of $26,252 in 2017 and $20,538 in 2016 1,422,101 1,148,797
Inventories 1,705,171 1,424,571
Other current assets 296,712 293,888
Current assets of discontinued operations 402,065 197,980
Total current assets 4,392,124 4,293,098
Property, plant and equipment, net 1,002,700 895,960
Intangible assets, net 2,089,781 1,533,928
Goodwill 1,692,644 1,554,667
Other assets 781,253 922,312
Other assets of discontinued operations 0 539,322
TOTAL ASSETS 9,958,502 9,739,287
Current liabilities    
Short-term borrowings 729,384 26,029
Current portion of long-term debt 6,165 253,689
Accounts payable 755,569 620,194
Accrued liabilities 1,143,330 812,032
Current liabilities of discontinued operations 110,752 73,456
Total current liabilities 2,745,200 1,785,400
Long-term debt 2,187,789 2,039,180
Other liabilities 1,305,613 885,825
Other liabilities of discontinued operations 0 87,961
Commitments and contingencies
Total liabilities 6,238,602 4,798,366
Stockholders' equity    
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding in 2017 and 2016 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; 395,821,781 shares outstanding in 2017 and 414,012,954 shares outstanding in 2016 98,955 103,503
Additional paid-in capital 3,523,340 3,333,423
Accumulated other comprehensive income (loss) (926,140) (1,041,463)
Retained earnings 1,023,745 2,545,458
Total stockholders’ equity 3,719,900 4,940,921
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,958,502 $ 9,739,287