Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Mar. 30, 2019
Current assets    
Cash and equivalents $ 1,369,028 $ 402,226
Accounts receivable, less allowance for doubtful accounts of: March 2020 - $37,099; March 2019 - $19,009 1,308,051 1,372,625
Inventories 1,293,912 1,173,102
Other current assets 444,886 425,612
Current assets of discontinued operations 611,139 1,299,892
Total current assets 5,027,016 4,673,457
Property, plant and equipment, net 954,406 876,093
Intangible assets, net 1,854,545 1,907,457
Goodwill 1,156,019 1,491,684
Operating lease right-of-use assets 1,273,514 0
Other assets 867,751 768,482
Other assets of discontinued operations 0 639,612
TOTAL ASSETS 11,133,251 10,356,785
Current liabilities    
Short-term borrowings 1,228,812 659,060
Current portion of long-term debt 1,018 5,263
Accounts payable 407,021 489,600
Accrued liabilities 1,260,252 1,125,242
Current liabilities of discontinued operations 126,781 382,439
Total current liabilities 3,023,884 2,661,604
Long-term debt 2,608,269 2,115,884
Operating lease liabilities 1,020,651 0
Other liabilities 1,123,113 1,234,881
Other liabilities of discontinued operations 0 45,900
Commitments and contingencies
Total liabilities 7,775,917 6,058,269
Stockholders' equity    
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at March 2020 or March 2019 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at March 2020 - 388,812,158; March 2019 - 396,824,662 97,203 99,206
Additional paid-in capital 4,183,780 3,921,784
Accumulated other comprehensive income (loss) (930,958) (902,075)
Retained earnings 7,309 1,179,601
Total stockholders’ equity 3,357,334 4,298,516
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,133,251 $ 10,356,785