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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
Cash flows from operating activities:      
Cash received from customers $ 38,269,943 $ 36,296,870 $ 34,729,287
Cash paid to employees and suppliers (34,017,408) (32,177,582) (30,821,593)
Income taxes paid (373,172) (563,983) (478,457)
Self-insured claims paid (394,495) (395,457) (344,905)
Dividends and interest received 217,574 192,528 241,773
Other operating cash receipts 341,929 297,098 273,435
Other operating cash payments (19,940) (17,548) (19,259)
Net cash provided by operating activities 4,024,431 3,631,926 3,580,281
Cash flows from investing activities:      
Payment for capital expenditures (1,141,118) (1,350,089) (1,429,059)
Proceeds from sale of property, plant and equipment 8,609 43,834 6,300
Payment for investments (3,237,807) (2,778,691) (3,069,417)
Proceeds from sale and maturity of investments 2,113,287 2,342,162 3,256,077
Net cash used in investing activities (2,257,029) (1,742,784) (1,236,099)
Cash flows from financing activities:      
Payment for acquisition of common stock (1,088,570) (1,405,872) (1,751,864)
Proceeds from sale of common stock 311,950 307,933 283,222
Dividends paid (828,733) (734,510) (689,660)
Repayment of long-term debt (11,061) (43,593) (75,325)
Other, net 13,130 6,239 31,051
Net cash used in financing activities (1,603,284) (1,869,803) (2,202,576)
Net increase in cash and cash equivalents 164,118 19,339 141,606
Cash and cash equivalents at beginning of year 599,264 579,925 438,319
Cash and cash equivalents at end of year 763,382 599,264 579,925
Reconciliation of net earnings to net cash provided by operating activities:      
Net earnings 3,005,395 2,381,167 2,291,894
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 716,669 677,154 664,009
Increase in last-in, first out (LIFO) reserve 39,939 24,170 23,028
Retirement contributions paid or payable in common stock 409,614 373,350 353,659
Deferred income taxes 215,004 63,245 (99,856)
Loss (gain) on disposal and impairment of property, plant and equipment 11,036 (13,185) 15,231
(Gain) loss on investments (627,624) 73,254 (108,924)
Net amortization of investments 42,753 63,654 109,240
Change in operating assets and liabilities providing (requiring) cash:      
Trade receivables (54,890) (10,790) 43,870
Inventories (104,514) 3,614 (177,155)
Other assets 136,796 199,930 82,089
Accounts payable and accrued expenses 181,154 112,383 151,186
Federal and state income taxes 40,548 (313,989) 241,686
Other liabilities 12,551 (2,031) (9,676)
Total adjustments 1,019,036 1,250,759 1,288,387
Net cash provided by operating activities $ 4,024,431 $ 3,631,926 $ 3,580,281