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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2022
Jan. 02, 2022
Current assets:    
Cash and cash equivalents $ 669,755 $ 618,319
Accounts receivable, net 941,722 1,023,792
Inventories 645,924 624,714
Other current assets 197,110 173,955
Total current assets 2,454,511 2,440,780
Property, plant and equipment, net:    
Property, plant and equipment, net 547,035 545,605
Operating Lease, Right-of-Use Asset 201,966 207,775
Intangible assets, net 3,942,878 4,063,104
Goodwill 7,367,284 7,416,584
Other assets, net 334,793 326,706
Total assets 14,848,467 15,000,554
Current liabilities:    
Current portion of long-term debt 3,729 4,240
Accounts payable 376,694 355,458
Accrued expenses and other current liabilities 882,628 854,046
Total current liabilities 1,263,051 1,213,744
Long-term debt 4,863,978 4,979,737
Deferred taxes and long-term liabilities 1,354,991 1,480,469
Operating Lease, Liability, Noncurrent 180,105 185,359
Total liabilities 7,662,125 7,859,309
Commitments and contingencies (see Note 14)
Stockholders' equity:    
Preferred stock—$1 par value per share, authorized 1,000,000 shares; none issued or outstanding 0 0
Common stock—$1 par value per share, authorized 300,000,000 shares; issued and outstanding 126,140,000 shares and 126,241,000 shares at April 3, 2022 and January 2, 2022, respectively 126,140 126,241
Capital in excess of par value 2,721,690 2,760,522
Retained earnings 4,585,231 4,417,174
Accumulated other comprehensive loss (246,719) (162,692)
Total stockholders’ equity 7,186,342 7,141,245
Total liabilities and stockholders’ equity $ 14,848,467 $ 15,000,554