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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 29, 2019
Dec. 30, 2018
Sep. 30, 2018
Current assets      
Cash and cash equivalents $ 1,060,432 $ 1,182,371 $ 907,107
Accounts receivable, less allowance for doubtful accounts of $18,200 $96,000 and $9,100 1,416,879 1,188,052 1,391,242
Inventories 589,132 443,383 610,918
Prepaid expenses and other current assets 346,687 268,698 283,183
Total current assets 3,413,130 3,082,504 3,192,450
Property, plant and equipment, less accumulated depreciation of $496,700 $452,000 and $462,700 371,881 256,473 255,150
Other assets      
Goodwill 485,042 485,881 572,387
Other intangible assets, net of accumulated amortization of $771,700 $924,700 and $721,700 658,350 693,842 732,235
Other 626,221 744,288 743,107
Total other assets 1,769,613 1,924,011 2,047,729
Total assets 5,554,624 5,262,988 5,495,329
Current liabilities      
Short-term borrowings 7,903 9,740 20,307
Accounts payable 501,136 333,521 458,808
Accrued liabilities 957,696 931,063 842,808
Total current liabilities 1,466,735 1,274,324 1,321,923
Long-term debt 1,696,204 1,695,092 1,694,721
Other liabilities 550,778 539,086 591,404
Total liabilities 3,713,717 3,508,502 3,608,048
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 September 29, 2019, September 30, 2018, and December 30, 2018 104,847 104,847 104,847
Additional paid-in capital 1,301,366 1,275,059 1,282,405
Retained earnings 4,180,331 4,184,374 4,254,919
Accumulated other comprehensive loss (185,376) (294,514) (296,738)
Treasury stock, at cost; 83,442,005 shares at September 29, 2019; 82,979,119 shares at September 30, 2018; and 83,565,598 shares at December 30, 2018 (3,560,261) (3,515,280) (3,458,152)
Total shareholders' equity 1,840,907 1,754,486 1,887,281
Total liabilities and shareholders' equity $ 5,554,624 $ 5,262,988 $ 5,495,329