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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 27, 2020
Dec. 29, 2019
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 547,624 $ 260,568
Restricted cash and cash equivalents 782 20,009
Trade accounts and other receivables, less allowance for doubtful accounts 741,992 741,281
Accounts receivable from related parties 1,084 944
Inventories 1,358,793 1,383,535
Income taxes receivable 69,397 60,204
Prepaid expenses and other current assets 183,039 131,695
Total current assets 2,902,711 2,598,236
Deferred tax assets 5,471 4,426
Other long-lived assets 24,780 36,325
Operating lease assets, net 288,886 301,513
Identified intangible assets, net 589,913 596,053
Goodwill 1,005,245 973,750
Property, plant and equipment, net 2,657,491 2,592,061
Total assets 7,474,497 7,102,364
Accounts payable 1,028,710 993,780
Accounts payable to related parties 9,650 3,819
Revenue contract liability 65,918 41,770
Accrued expenses and other current liabilities 807,847 575,319
Income taxes payable 0 7,075
Current maturities of long-term debt 25,455 26,392
Total current liabilities 1,937,580 1,648,155
Noncurrent operating lease liability, less current maturities 217,432 235,382
Long-term debt, less current maturities 2,255,546 2,276,029
Noncurrent income taxes payable 0 7,731
Deferred tax liabilities 339,831 301,907
Other long-term liabilities 148,761 97,100
Total liabilities 4,899,150 4,566,304
Common stock, $.01 par value, 800,000,000 shares authorized; 261,184,998 and 261,119,064 shares issued at year-end 2020 and year-end 2019, respectively; 243,512,490 and 249,572,119 shares outstanding at year-end 2020 and year-end 2019, respectively 2,612 2,611
Treasury stock, at cost, 17,672,508 shares and 11,546,945 shares at year-end 2020 and year-end 2019, respectively (345,134) (234,892)
Additional paid-in capital 1,954,334 1,955,261
Retained earnings 972,569 877,812
Accumulated other comprehensive loss (20,620) (75,129)
Total Pilgrim’s Pride Corporation stockholders’ equity 2,563,761 2,525,663
Noncontrolling interest 11,586 10,397
Total stockholders’ equity 2,575,347 2,536,060
Total liabilities and stockholders’ equity $ 7,474,497 $ 7,102,364