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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2020
Dec. 29, 2019
Mar. 31, 2019
Current assets      
Cash and cash equivalents including restricted cash of $86,177, $0 and $0 $ 1,237,884 $ 4,580,369 $ 1,196,634
Accounts receivable, less allowance for doubtful accounts of $16,900 $12,100 and $17,200 963,823 1,410,597 638,417
Inventories 444,406 446,105 491,751
Prepaid expenses and other current assets 672,390 310,450 305,056
Total current assets 3,318,503 6,747,521 2,631,858
Property, plant and equipment, less accumulated depreciation of $513,200 $484,200 and $505,900 455,945 382,248 395,624
Other assets      
Goodwill 3,572,650 494,584 485,528
Other intangible assets, net of accumulated amortization of $608,500 $747,800 and $895,200 1,615,778 646,305 682,063
Other 1,461,483 584,970 739,700
Total other assets 6,649,911 1,725,859 1,907,291
Total assets 10,424,359 8,855,628 4,934,773
Current liabilities      
Short-term borrowings 9,405 503 13,409
Current portion of long-term debt 64,441 0 0
Accounts payable 308,496 343,927 234,262
Accrued liabilities 1,356,214 912,652 701,054
Total current liabilities 1,738,556 1,257,082 948,725
Long-term debt 5,156,290 4,046,457 1,695,462
Other liabilities 738,965 556,559 636,055
Total liabilities 7,633,811 5,860,098 3,280,242
Redeemable noncontrolling interests 26,041 0 0
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 220,286,736 at March 29, 2020, 209,694,630 at March 31, 2019, and 220,286,736 at December 29, 2019 110,143 110,143 104,847
Additional paid-in capital 2,282,379 2,275,726 1,269,230
Retained earnings 4,191,810 4,354,619 4,125,686
Accumulated other comprehensive loss (294,772) (184,220) (282,339)
Treasury stock, at cost; 83,279,734 shares at March 29, 2020; 83,830,809 shares at March 31, 2019; and 83,424,129 shares at December 29, 2019 (3,560,336) (3,560,738) (3,562,893)
Noncontrolling interests 35,283 0 0
Total shareholders' equity 2,764,507 2,995,530 1,654,531
Total liabilities, noncontrolling interests and shareholders' equity $ 10,424,359 $ 8,855,628 $ 4,934,773