Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 25, 2016
Current assets
Cash and cash equivalents	$ 1,581,234	$ 1,282,285
Accounts receivable, less allowance for doubtful accounts of $31,400 in 2017 and $16,800 in 2016	1,405,399	1,319,963
Inventories	433,293	387,675
Prepaid expenses and other current assets	214,000	237,684
Total current assets	3,633,926	3,227,607
Property, plant and equipment, net	259,710	267,398
Other assets
Goodwill	573,063	570,555
Other intangibles, net	217,382	245,949
Other	605,902	779,857
Total other assets	1,396,347	1,596,361
Total assets	5,289,983	5,091,366
Current liabilities
Short-term borrowings	154,957	172,582
Current portion of long-term debt	0	349,713
Accounts payable	348,476	319,525
Accrued liabilities	748,264	776,039
Total current liabilities	1,251,697	1,617,859
Long-term debt	1,693,609	1,198,679
Other liabilities	514,720	389,388
Total liabilities	3,460,026	3,205,926
Redeemable Noncontrolling Interests	0	22,704
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 2017 and 2016	104,847	104,847
Additional paid-in capital	1,050,605	985,418
Retained earnings	4,260,222	4,148,722
Accumulated other comprehensive loss	(239,425)	(194,570)
Treasury stock, at cost, 85,244,923 shares in 2017 and 85,207,677 shares in 2016	(3,346,292)	(3,181,681)
Total shareholders' equity	1,829,957	1,862,736
Total liabilities, redeemable noncontrolling interests and shareholders' equity	$ 5,289,983	$ 5,091,366

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).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
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.