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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 146,676 $ 180,362
Accounts receivable, net of reserve for doubtful accounts of $17,436 and $18,770 629,855 577,142
Inventories, net 924,763 837,418
Prepaid expenses and other 108,721 92,269
Prepaid Taxes 13,805 19,894
Total current assets 1,823,820 1,707,085
Property, plant and equipment, net of accumulated depreciation of $272,725 and $266,203 382,574 380,980
Goodwill 2,236,441 2,243,469
Other intangibles 1,835,157 1,875,377
Long-term deferred tax assets 30,621 33,194
Other assets 165,552 143,493
Total assets 6,474,165 6,383,598
Current liabilities:    
Current maturities of long-term debt 27,693 27,293
Accounts payable 305,344 304,740
Accrued expenses 585,364 582,855
Total current liabilities 918,401 914,888
Long-term debt 2,570,132 2,387,001
Deferred Income Tax Liabilities, Net 200,500 186,935
Liability, Defined Benefit Pension Plan, Noncurrent 202,945 219,680
Other non-current liabilities 154,220 180,818
Stockholders' equity:    
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value; 63,509,015 and 63,666,020 shares issued in 2022 and 2021, respectively 147 147
Cumulative Effect Period of Adoption ASU 2020-06, Paid-in capital 363,741 357,309
Treasury stock, at cost; 9,117,274 and 8,170,276 shares in 2022 and 2021 (736,412) (566,399)
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings 3,148,058 3,062,303
Accumulated other comprehensive loss (347,567) (359,084)
Total stockholders' equity 2,427,967 2,494,276
Total liabilities and stockholders' equity $ 6,474,165 $ 6,383,598