XML 19 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 27, 2016
Dec. 27, 2015
Mar. 29, 2015
Current assets      
Cash and cash equivalents $ 1,095,880 $ 976,750 $ 1,081,397
Accounts receivable, less allowance for doubtful accounts of $31,100, $14,900 and $16,400 670,663 1,217,850 563,301
Inventories 461,734 384,492 340,654
Prepaid expenses and other current assets 295,806 286,506 346,726
Total current assets 2,524,083 2,865,598 2,332,078
Property, plant and equipment, less accumulated depreciation of $365,600, $363,600 and $510,700 241,253 237,527 243,589
Other assets      
Goodwill 592,793 592,695 592,724
Other intangibles, net, accumulated amortization of $850,000, $841,300, and $810,500 272,116 280,807 311,576
Other 734,450 744,090 767,149
Total other assets 1,599,359 1,617,592 1,671,449
Total assets 4,364,695 4,720,717 4,247,116
Current liabilities      
Short-term borrowings 89,000 164,563 231,914
Accounts payable 176,665 241,210 142,946
Accrued liabilities 502,708 658,874 442,209
Total current liabilities 768,373 1,064,647 817,069
Long-term debt 1,547,434 1,547,115 1,546,169
Other liabilities 402,346 404,883 396,137
Total liabilities 2,718,153 3,016,645 2,759,375
Redeemable noncontrolling interests 39,152 40,170 42,234
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 at March 27, 2016, December 27, 2015 and March 29, 2015 104,847 104,847 104,847
Additional paid-in capital 906,211 893,630 825,489
Retained earnings 3,837,372 3,852,321 3,599,571
Accumulated other comprehensive loss (164,353) (146,001) (86,996)
Treasury stock, at cost; 84,829,514 shares at March 27, 2016; 84,899,200 shares at December 27, 2015; and 85,120,544 shares at March 29, 2015 (3,076,687) (3,040,895) (2,997,404)
Total shareholders' equity 1,607,390 1,663,902 1,445,507
Total liabilities, redeemable noncontrolling interests and shareholders' equity $ 4,364,695 $ 4,720,717 $ 4,247,116