XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 820,610 $ 599,264
Short-term investments 443,636 560,992
Trade receivables 680,737 682,981
Inventories 1,780,464 1,848,735
Prepaid expenses 81,196 122,224
Total current assets 3,806,643 3,814,196
Long-term investments 7,214,453 6,016,438
Other noncurrent assets 459,494 515,265
Operating lease right-of-use assets 2,852,599 0
Property, plant and equipment 14,862,041 14,174,564
Accumulated depreciation (5,811,601) (5,537,947)
Net property, plant and equipment 9,050,440 8,636,617
Total assets 23,383,629 18,982,516
Current liabilities:    
Accounts payable 1,873,569 1,864,604
Accrued expenses:    
Contributions to retirement plans 372,762 540,760
Self-insurance reserves 151,162 145,241
Salaries and wages 247,055 132,916
Other 383,915 321,080
Current portion of long-term debt 5,071 4,954
Current portion of operating lease liabilities 327,735 0
Federal and state income taxes 15,217 0
Total current liabilities 3,376,486 3,009,555
Deferred income taxes 568,217 420,757
Self-insurance reserves 223,607 222,419
Accrued postretirement benefit cost 105,492 105,308
Long-term debt 166,926 162,711
Operating lease liabilities 2,520,256 0
Other noncurrent liabilities 136,791 67,102
Total liabilities 7,097,775 3,987,852
Common stock related to Employee Stock Ownership Plan (ESOP) 3,350,623 3,134,999
Stockholders’ equity:    
Common stock of $1 par value. Authorized 1,000,000 shares; issued 721,671 shares in 2019 and 715,445 shares in 2018 721,671 715,445
Additional paid-in capital 3,719,046 3,458,004
Retained earnings 12,081,295 10,840,654
Treasury stock at cost, 7,686 shares in 2019 (336,547) 0
Accumulated other comprehensive earnings (losses) 62,219 (55,762)
Common stock related to ESOP (3,350,623) (3,134,999)
Total stockholders’ equity 12,897,061 11,823,342
Noncontrolling interests 38,170 36,323
Total equity 16,285,854 14,994,664
Total liabilities and stockholders' equity $ 23,383,629 $ 18,982,516