XML 22 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 18, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 252,683 $ 11,044
Accounts and notes receivable, net of allowances of $13,909 and $9,473, respectively 341,205 285,606
Inventories, net:    
Raw materials 51,234 46,171
Packaging materials 23,890 22,045
Finished goods 60,820 58,843
Inventories, net 135,944 127,059
Spare parts and supplies 67,893 67,456
Other 34,095 62,753
Total current assets 831,820 553,918
Property, plant and equipment, net:    
Property, plant and equipment, gross 2,000,151 2,002,633
Less: accumulated depreciation (1,303,084) (1,284,811)
Property, plant and equipment, net 697,067 717,822
Financing lease right-of-use assets 20,974 22,829
Operating lease right-of-use assets 364,092 376,473
Notes receivable from independent distributor partners 193,126 198,639
Assets held for sale 12,329 4,408
Other assets 7,756 8,236
Goodwill 545,244 545,244
Other intangible assets, net 740,665 750,207
Total assets 3,413,073 3,177,776
Current liabilities:    
Current maturities of long-term debt 1,245 3,730
Current maturities of financing leases 7,789 8,176
Current maturities of operating leases 53,030 52,806
Accounts payable 257,994 233,011
Current postretirement/post-employment obligations 926 29,380
Other accrued liabilities 183,930 201,040
Total current liabilities 504,914 528,143
Noncurrent long-term debt 1,069,352 862,778
Noncurrent financing lease obligations 18,068 19,390
Noncurrent operating lease obligations 316,482 324,131
Total long-term debt and right-of-use lease liabilities 1,403,902 1,206,299
Other liabilities:    
Postretirement/post-employment obligations 14,344 14,328
Deferred taxes 125,639 121,395
Other long-term liabilities 43,663 44,181
Total other long-term liabilities 183,646 179,904
Commitments and Contingencies
Stockholders’ equity:    
Common stock — $.01 stated par value and $.001 current par value, 500,000,000 authorized shares and 228,729,585 shares and 228,729,585 shares issued, respectively 199 199
Treasury stock — 17,167,036 shares and 17,215,514 shares, respectively (225,942) (226,287)
Capital in excess of par value 651,258 648,492
Retained earnings 900,988 947,046
Accumulated other comprehensive loss (5,892) (106,020)
Total stockholders’ equity 1,320,611 1,263,430
Total liabilities and stockholders’ equity 3,413,073 3,177,776
Series A Preferred Stock    
Stockholders’ equity:    
Preferred Stock, value
Series B Preferred Stock    
Stockholders’ equity:    
Preferred Stock, value