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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2019
Dec. 30, 2018
Current assets    
Cash and cash equivalents $ 4,580,369 $ 1,182,371
Accounts receivable, less allowance for doubtful accounts of $17,200 in 2019 and $9,100 in 2018 1,410,597 1,188,052
Inventories 446,105 443,383
Prepaid expenses and other current assets 310,450 268,698
Total current assets 6,747,521 3,082,504
Property, plant and equipment, net 382,248  
Property, plant and equipment, net 255,568 256,473
Other assets    
Goodwill 494,584 485,881
Other intangibles, net 646,305 693,842
Other 584,970 744,288
Total other assets 1,725,859 1,924,011
Total assets 8,855,628 5,262,988
Current liabilities    
Short-term borrowings 503 9,740
Accounts payable 343,927 333,521
Accrued liabilities 912,652 931,063
Total current liabilities 1,257,082 1,274,324
Long-term debt 4,046,457 1,695,092
Other liabilities 556,559 539,086
Total liabilities 5,860,098 3,508,502
Shareholders’ equity    
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued 0 0
Common stock of $0.50 par value. Authorized 600,000,000 shares; issued 220,286,736 shares as of 2019 and 209,694,630 shares as of 2018 110,143 104,847
Additional paid-in capital 2,275,726 1,275,059
Retained earnings 4,354,619 4,184,374
Accumulated other comprehensive loss (184,220) (294,514)
Treasury stock, at cost, 83,424,129 shares in 2019 and 83,565,598 shares in 2018 (3,560,738) (3,515,280)
Total shareholders’ equity 2,995,530 1,754,486
Total liabilities and shareholders’ equity $ 8,855,628 $ 5,262,988