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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions
6 Months Ended 12 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Dec. 31, 2010
CURRENT ASSETS:      
Cash and cash equivalents $ 146.4 $ 133.2 $ 200.8
Accounts receivable 378.3 380.7 345.6
Inventories, primarily finished goods 523.2 414.9 465.9
Prepaid and refundable income taxes 11.5 9.0 18.7
Deferred taxes 26.2 25.9 28.0
Prepaid expenses and other current assets 44.3 33.3 32.1
TOTAL CURRENT ASSETS 1,129.9 997.0 1,091.1
PROPERTY, PLANT AND EQUIPMENT, at cost, less accumulated depreciation and amortization of $579.6, $549.2 and $553.1 270.2 241.4 226.4
GOODWILL 258.9 161.8 161.8
OTHER INTANGIBLES, at cost, less accumulated amortization 947.3 778.3 726.7
INVESTMENT IN AND LOANS TO UNCONSOLIDATED AFFILIATE 43.6 40.1 40.2
OTHER ASSETS 109.1 89.3 86.2
TOTAL ASSETS 2,759.0 2,307.9 2,332.4
CURRENT LIABILITIES:      
Current portion of long-term debt and capital lease obligations 1.9 2.2 1.8
Current portion of acquisition consideration payable 23.0 10.3 14.1
Accounts payable 230.2 200.6 213.4
Income taxes payable - Current 0.4 0.2 0
Accrued employee compensation and benefits 39.2 40.5 49.3
Accrued expenses and other current liabilities 103.3 75.7 93.1
TOTAL CURRENT LIABILITIES 398.0 329.5 371.7
NONCURRENT LIABILITIES:      
Long-term debt 825.4 503.8 509.9
Obligations under capital leases 24.3 26.0 25.2
Deferred taxes 74.9 2.7 0.3
Income taxes payable 8.7 9.2 6.3
Acquisition consideration payable 206.7 196.2 201.3
Other noncurrent liabilities 79.1 79.4 79.4
TOTAL NONCURRENT LIABILITIES 1,219.1 817.3 822.4
TOTAL LIABILITIES 1,617.1 1,146.8 1,194.1
COMMITMENTS AND CONTINGENCIES      
EQUITY:      
Preferred stock, $.01 par value - shares authorized 1.0; none issued 0 0 0
Common stock, $.01 par value - shares authorized 200.0; issued 85.9, 158.5 and 86.4 0.9 1.6 0.9
Additional paid-in capital 539.4 1,372.7 541.9
Retained earnings 611.3 1,620.5 603.8
Accumulated other comprehensive loss (9.9) (7.5) (8.4)
Treasury stock, 71.4 shares at July 3, 2010, at cost 0 (1,826.3) 0
TOTAL JONES STOCKHOLDERS' EQUITY 1,141.7 1,161.0 1,138.2
Noncontrolling interest 0.2 0.1 0.1
TOTAL EQUITY 1,141.9 1,161.1 1,138.3
TOTAL LIABILITIES AND EQUITY $ 2,759.0 $ 2,307.9 $ 2,332.4