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SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)
6 Months Ended
Jul. 01, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Supplemental Balance Sheet Information
The components of certain Consolidated Balance Sheet accounts are as follows:
 
 
July 1, 2018
 
December 31, 2017
Inventories:
 
 
 
 
Raw materials
 
$
266,798

 
$
224,940

Goods in process
 
137,704

 
93,627

Finished goods
 
681,725

 
614,945

Inventories at FIFO
 
1,086,227

 
933,512

Adjustment to LIFO
 
(169,787
)
 
(180,676
)
Total inventories
 
$
916,440

 
$
752,836

 
 
 
 
 
Prepaid expenses and other:
 
 
 
 
Prepaid expenses
 
$
70,315

 
$
128,735

Assets held for sale
 
247,126

 
21,124

Other current assets
 
162,009

 
130,774

Total prepaid expenses and other
 
$
479,450

 
$
280,633

 
 
 
 
 
Property, plant and equipment:
 
 
 
 
Land
 
$
109,363

 
$
108,300

Buildings
 
1,235,965

 
1,214,158

Machinery and equipment
 
2,959,326

 
2,925,353

Construction in progress
 
230,456

 
212,912

Property, plant and equipment, gross
 
4,535,110

 
4,460,723

Accumulated depreciation
 
(2,451,270
)
 
(2,354,026
)
Property, plant and equipment, net
 
$
2,083,840

 
$
2,106,697

 
 
 
 
 
Other assets:
 
 
 
 
Capitalized software, net
 
$
114,936

 
$
104,881

Other non-current assets
 
147,768

 
146,998

Total other assets
 
$
262,704

 
$
251,879

 
 
 
 
 
Accrued liabilities:
 
 
 
 
Payroll, compensation and benefits
 
$
154,832

 
$
190,863

Advertising and promotion
 
257,228

 
305,107

Liabilities held for sale
 
38,021

 

Other
 
185,647

 
180,164

Total accrued liabilities
 
$
635,728

 
$
676,134

 
 
 
 
 
Other long-term liabilities:
 
 
 
 
Post-retirement benefits liabilities
 
$
210,274

 
$
215,320

Pension benefits liabilities
 
37,632

 
39,410

Other
 
188,785

 
184,209

Total other long-term liabilities
 
$
436,691

 
$
438,939

 
 
 
 
 
Accumulated other comprehensive loss:
 
 
 
 
Foreign currency translation adjustments
 
$
(116,182
)
 
$
(91,837
)
Pension and post-retirement benefit plans, net of tax
 
(198,002
)
 
(169,526
)
Cash flow hedges, net of tax
 
(53,634
)
 
(52,383
)
Total accumulated other comprehensive loss
 
$
(367,818
)
 
$
(313,746
)