XML 23 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 30, 2018
Apr. 01, 2018
Current assets      
Cash and cash equivalents $ 1,196,634 $ 1,182,371 $ 1,598,944
Accounts receivable, less allowance for doubtful accounts of $12,100, $9,100 and $94,300 as of March 31, 2019, December 30, 2018 and April 1, 2018, respectively 638,417 1,188,052 612,698
Inventories 491,751 443,383 517,439
Prepaid expenses and other current assets 305,056 268,698 292,756
Total current assets 2,631,858 3,082,504 3,021,837
Property, plant and equipment, less accumulated depreciation of $484,200, $462, 700 and $436,600 as of March 31, 2019, December 30, 2018 and April 1, 2018, respectively 395,624 256,473 262,418
Other assets      
Goodwill 485,528 485,881 573,574
Other intangible assets, net of accumulated amortization of $747,800, $721,700 and $911,300 as of March 31, 2019, December 30, 2018 and April 1, 2018, respectively 682,063 693,842 210,904
Other 739,700 744,288 660,339
Total other assets 1,907,291 1,924,011 1,444,817
Total assets 4,934,773 5,262,988 4,729,072
Current liabilities      
Short-term borrowings 13,409 9,740 21,611
Accounts payable 234,262 333,521 256,433
Accrued liabilities 701,054 931,063 574,482
Total current liabilities 948,725 1,274,324 852,526
Long-term debt 1,695,462 1,695,092 1,693,977
Other liabilities 636,055 539,086 611,210
Total liabilities 3,280,242 3,508,502 3,157,713
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 March 31, 2019, April 1, 2018, and December 31, 2018 104,847 104,847 104,847
Additional paid-in capital 1,269,230 1,275,059 1,053,368
Retained earnings 4,125,686 4,184,374 4,090,637
Accumulated other comprehensive loss (282,339) (294,514) (292,395)
Treasury stock, at cost; 83,830,809 shares at March 31, 2019; 83,565,598 shares at December 30, 2018; and 84,706,373 shares at April 1, 2018 (3,562,893) (3,515,280) (3,385,098)
Total shareholders' equity 1,654,531 1,754,486 1,571,359
Total liabilities and shareholders' equity $ 4,934,773 $ 5,262,988 $ 4,729,072