Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 25, 2016	Dec. 27, 2015
Current assets
Cash and cash equivalents	$ 1,282,285	$ 976,750
Accounts receivable, less allowance for doubtful accounts of $16,800 in 2016 and $14,900 in 2015	1,319,963	1,217,850
Inventories	387,675	384,492
Prepaid expenses and other current assets	237,684	286,506
Total current assets	3,227,607	2,865,598
Property, plant and equipment, net	267,398	237,527
Other assets
Goodwill	570,555	592,695
Other intangibles, net	245,949	280,807
Other	779,857	744,090
Total other assets	1,596,361	1,617,592
Total assets	5,091,366	4,720,717
Current liabilities
Short-term borrowings	172,582	164,563
Current portion of long-term debt	349,713	0
Accounts payable	319,525	241,210
Accrued liabilities	776,039	658,874
Total current liabilities	1,617,859	1,064,647
Long-term debt	1,198,679	1,547,115
Other liabilities	389,388	404,883
Total liabilities	3,205,926	3,016,645
Redeemable Noncontrolling Interests	22,704	40,170
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 209,694,630 shares in 2016 and 2015	104,847	104,847
Additional paid-in capital	985,418	893,630
Retained earnings	4,148,722	3,852,321
Accumulated other comprehensive loss	(194,570)	(146,001)
Treasury stock, at cost, 85,207,677 shares in 2016 and 84,899,200 shares in 2015	(3,181,681)	(3,040,895)
Total shareholders' equity	1,862,736	1,663,902
Total liabilities, redeemable noncontrolling interests and shareholders' equity	$ 5,091,366	$ 4,720,717

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.