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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jul. 02, 2011
Jan. 01, 2011
ASSETS    
Cash and cash equivalents $ 832,817 $ 500,336
Accounts receivable, less allowance for doubtful accounts of $39,101 at July 2, 2011 and $35,354 at January 1, 2011 1,443,614 1,331,210
Inventories 699,163 667,545
Deferred income taxes, net 204,207 196,599
Other current assets 178,715 216,458
Total current assets 3,358,516 2,912,148
Property, plant and equipment, at cost 2,393,776 2,224,349
Less accumulated depreciation (1,009,260) (900,418)
Net property, plant and equipment 1,384,516 1,323,931
Goodwill 2,979,493 2,955,602
Other intangible assets, net 945,393 987,060
Other assets 427,479 387,707
TOTAL ASSETS 9,095,397 8,566,448
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current debt obligations 80,465 79,637
Accounts payable 166,080 297,551
Dividends payable 69,136  
Accrued expenses    
Employee compensation and related benefits 322,836 320,323
Other 367,805 319,739
Total current liabilities 1,006,322 1,017,250
Long-term debt 2,486,016 2,431,966
Deferred income taxes, net 303,313 310,503
Other liabilities 464,064 435,058
Total liabilities 4,259,715 4,194,777
Commitments and Contingencies (Note 6)    
Shareholders' Equity    
Preferred stock ($1.00 par value; 25,000,000 shares authorized; none outstanding)    
Common stock ($0.10 par value; 500,000,000 shares authorized; 329,217,266 and 329,018,166 shares issued and outstanding at July 2, 2011 and January 1, 2011, respectively) 32,922 32,902
Additional paid-in capital 275,521 156,126
Retained earnings 4,333,840 4,098,639
Accumulated other comprehensive income (loss):    
Cumulative translation adjustment 177,575 68,897
Unrealized gain on available-for-sale securities 15,824 15,107
Total shareholders' equity 4,835,682 4,371,671
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 9,095,397 $ 8,566,448