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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jul. 01, 2012
Dec. 25, 2011
Jun. 26, 2011
Current assets      
Cash and cash equivalents $ 779,931 $ 641,688 $ 584,778
Accounts receivable, less allowance for doubtful accounts of $24,300, $23,700 and $34,700 651,410 1,034,580 837,972
Inventories 416,905 333,993 426,930
Prepaid expenses and other current assets 297,580 243,431 196,425
Total current assets 2,145,826 2,253,692 2,046,105
Property, plant and equipment, less accumulated depreciation of $472,000, $453,700 and $449,790 223,383 218,021 239,201
Other assets      
Goodwill 474,608 474,792 475,447
Other intangibles, less accumulated amortization of $638,300, $622,500 and $597,300 445,073 467,293 489,411
Other 725,831 716,976 690,581
Total other assets 1,645,512 1,659,061 1,655,439
Total assets 4,014,721 4,130,774 3,940,745
Current liabilities      
Short-term borrowings 220,605 180,430 12,430
Accounts payable 161,785 134,864 172,094
Accrued liabilities 456,303 627,050 522,001
Total current liabilities 838,693 942,344 706,525
Long-term debt 1,399,557 1,400,872 1,403,031
Other liabilities 376,981 370,043 362,570
Total liabilities 2,615,231 2,713,259 2,472,126
Shareholders' equity      
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued 0 0 0
Common stock of $.50 par value. Authorized 600,000,000 shares; issued 209,694,630 104,847 104,847 104,847
Additional paid-in capital 641,012 630,044 632,902
Retained earnings 3,152,647 3,205,420 2,972,323
Accumulated other comprehensive earnings (loss) (39,643) (35,943) 4,169
Treasury stock, at cost; 79,440,495 shares at July 1, 2012, 81,061,373 at December 25, 2011 and 74,738,456 at June 26, 2011 (2,459,373) (2,486,853) (2,245,622)
Total shareholders' equity 1,399,490 1,417,515 1,468,619
Total liabilities and shareholders' equity $ 4,014,721 $ 4,130,774 $ 3,940,745