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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 166,589 $ 180,362
Accounts receivable, net of reserve for doubtful accounts of $18,010 and $18,770 627,276 577,142
Inventories, net 1,008,920 837,418
Prepaid expenses and other 109,932 92,269
Prepaid Taxes 22,543 19,894
Total current assets 1,935,260 1,707,085
Property, plant and equipment, net of accumulated depreciation of $278,702 and $266,203 417,688 380,980
Goodwill 2,221,120 2,243,469
Other intangibles 1,805,036 1,875,377
Long-term deferred tax assets 26,306 33,194
Other assets 173,963 143,493
Total assets 6,579,373 6,383,598
Current liabilities:    
Current maturities of long-term debt 49,076 27,293
Accounts payable 323,155 304,740
Accrued expenses 604,183 582,855
Total current liabilities 976,414 914,888
Long-term debt 2,647,313 2,387,001
Deferred Income Tax Liabilities, Net 199,367 186,935
Liability, Defined Benefit Pension Plan, Noncurrent 176,960 219,680
Other non-current liabilities 161,349 180,818
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 376,898 357,309
Treasury stock, at cost; 9,624,778 and 8,170,276 shares in 2022 and 2021 (806,008) (566,399)
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings 3,261,306 3,062,303
Accumulated other comprehensive loss (414,373) (359,084)
Total stockholders' equity 2,417,970 2,494,276
Total liabilities and stockholders' equity $ 6,579,373 $ 6,383,598