Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 01, 2018	Dec. 31, 2017	Jul. 02, 2017
Current assets
Cash and cash equivalents	$ 1,159,072	$ 1,581,234	$ 1,433,500
Accounts receivable, less allowance for doubtful accounts of $95,900, $31,400 and $15,200 as of July 1, 2018, December 31, 2017 and July 2, 2017, respectively	739,268	1,405,399	846,547
Inventories	610,248	433,293	557,507
Prepaid expenses and other current assets	319,045	214,000	257,251
Total current assets	2,827,633	3,633,926	3,094,805
Property, plant and equipment, less accumulated depreciation of $444,500, $422,100 and $408,200 as of July 1, 2018, December 31, 2017 and July 2, 2017, respectively	265,904	259,710	268,973
Other assets
Goodwill	572,488	573,063	572,143
Other intangible assets, net of accumulated amortization of $915,900, $904,900 and $891,800 as of July 1, 2018, December 31, 2017 and July 2, 2017, respectively	741,076	217,382	230,188
Other	706,755	605,902	746,634
Total other assets	2,020,319	1,396,347	1,548,965
Total assets	5,113,856	5,289,983	4,912,743
Current liabilities
Short-term borrowings	20,121	154,957	186,863
Current portion of long-term debt	0	0	349,916
Accounts payable	339,861	348,476	368,312
Accrued liabilities	692,462	748,264	567,156
Total current liabilities	1,052,444	1,251,697	1,472,247
Long-term debt	1,694,350	1,693,609	1,199,114
Other liabilities	600,312	514,720	408,888
Total liabilities	3,347,106	3,460,026	3,080,249
Shareholders' equity
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued	0	0	0
Common stock of $0.50 par value. Authorized 600,000,000 shares; issued 209,694,630 at July 1, 2018, December 31, 2017, and July 2, 2017	104,847	104,847	104,847
Additional paid-in capital	1,263,657	1,050,605	1,021,690
Retained earnings	4,070,661	4,260,222	4,141,903
Accumulated other comprehensive loss	(295,076)	(239,425)	(226,613)
Treasury stock, at cost; 82,370,078 shares at July 1, 2018; 85,244,923 shares at December 31, 2017; and 84,615,971 shares at July 2, 2017	(3,377,339)	(3,346,292)	(3,209,333)
Total shareholders' equity	1,766,750	1,829,957	1,832,494
Total liabilities and shareholders' equity	$ 5,113,856	$ 5,289,983	$ 4,912,743

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.