XML 41 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 28, 2021
Dec. 27, 2020
Mar. 29, 2020
Current assets      
Cash and cash equivalents including restricted cash of $72.1 million, $86.2 million and $73.2 million $ 1,430.4 $ 1,449.7 $ 1,237.9
Accounts receivable, less allowance for doubtful accounts of $32.5 million, $16.9 million and $28.1 million 810.4 1,391.7 963.8
Inventories 429.2 395.6 444.4
Prepaid expenses and other current assets 566.0 609.6 672.4
Total current assets 3,236.0 3,846.6 3,318.5
Property, plant and equipment, less accumulated depreciation of $563.5 million, $513.2 million and $553.0 million 482.7 489.0 455.9
Other assets      
Goodwill 3,691.4 3,691.7 3,572.7
Other intangible assets, net of accumulated amortization of $999.7 million, $932.0 million and $964.6 million 1,513.0 1,530.8 1,615.8
Other 1,266.0 1,260.2 1,461.5
Total other assets 6,470.4 6,482.7 6,650.0
Total assets 10,189.1 10,818.3 10,424.4
Current liabilities      
Short-term borrowings 8.8 6.6 9.4
Current portion of long-term debt 148.9 432.6 64.5
Accounts payable 312.1 425.5 308.5
Accrued liabilities 1,283.6 1,538.6 1,356.2
Total current liabilities 1,753.4 2,403.3 1,738.6
Long-term debt 4,674.1 4,660.0 5,156.3
Other Liabilities, Noncurrent 777.7 793.9 739.0
Total liabilities 7,205.2 7,857.2 7,633.9
Redeemable noncontrolling interests 24.0 24.4 26.0
Shareholders' equity      
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued 0.0 0.0 0.0
Common stock of $0.50 par value. Authorized 600,000,000 shares; issued 220,286,736 shares at March 28, 2021, March 29, 2020, and December 27, 2020 110.1 110.1 110.1
Additional paid-in capital 2,339.6 2,329.1 2,282.4
Retained earnings 4,226.8 4,204.2 4,191.8
Accumulated other comprehensive loss (206.4) (195.0) (294.8)
Treasury stock, at cost; 82,724,111 shares at March 28, 2021; 83,279,734 shares at March 29, 2020; and 82,979,403 shares at December 27, 2020 (3,550.6) (3,551.7) (3,560.3)
Noncontrolling interests 40.4 40.0 35.3
Total shareholders' equity 2,959.9 2,936.7 2,764.5
Total liabilities, noncontrolling interests and shareholders' equity $ 10,189.1 $ 10,818.3 $ 10,424.4