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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 26, 2016
Dec. 27, 2015
Jun. 28, 2015
Current assets      
Cash and cash equivalents $ 924,098 $ 976,750 $ 858,458
Accounts receivable, less allowance for doubtful accounts of $32,800, $14,900 and $16,300 703,821 1,217,850 709,437
Inventories 572,391 384,492 403,789
Prepaid expenses and other current assets 323,046 286,506 360,101
Total current assets 2,523,356 2,865,598 2,331,785
Property, plant and equipment, less accumulated depreciation of $375,300, $363,600 and $359,300 242,607 237,527 225,911
Other assets      
Goodwill 592,806 592,695 592,802
Other intangibles, net, accumulated amortization of $858,700, $841,300 and $823,800 263,425 280,807 298,231
Other 722,191 744,090 768,960
Total other assets 1,578,422 1,617,592 1,659,993
Total assets 4,344,385 4,720,717 4,217,689
Current liabilities      
Short-term borrowings 5,400 164,563 167,877
Accounts payable 214,243 241,210 185,631
Accrued liabilities 525,377 658,874 447,380
Total current liabilities 745,020 1,064,647 800,888
Long-term debt 1,547,753 1,547,115 1,546,477
Other liabilities 402,614 404,883 400,432
Total liabilities 2,695,387 3,016,645 2,747,797
Redeemable noncontrolling interests 36,465 40,170 41,387
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 June 26, 2016, December 27, 2015 and June 28, 2015 104,847 104,847 104,847
Additional paid-in capital 945,802 893,630 850,582
Retained earnings 3,825,289 3,852,321 3,583,803
Accumulated other comprehensive loss (174,301) (146,001) (103,476)
Treasury stock, at cost; 84,241,018 shares at June 26, 2016; 84,899,200 shares at December 27, 2015; and 84,781,723 shares at June 28, 2015 (3,089,104) (3,040,895) (3,007,251)
Total shareholders' equity 1,612,533 1,663,902 1,428,505
Total liabilities, redeemable noncontrolling interests and shareholders' equity $ 4,344,385 $ 4,720,717 $ 4,217,689