Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.20.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 27, 2020
Mar. 28, 2020
Jun. 29, 2019
Current assets      
Cash and equivalents $ 2,145,111 $ 1,369,028 $ 560,882
Accounts receivable, less allowance for doubtful accounts of: June 2020 - $38,179; March 2020 - $37,099; June 2019 - $19,763 934,984 1,308,051 1,211,347
Inventories 1,402,858 1,293,912 1,381,513
Short-term investments 700,000 0 0
Other current assets 513,049 444,886 405,205
Current assets of discontinued operations 565,135 611,139 431,908
Total current assets 6,261,137 5,027,016 3,990,855
Property, plant and equipment, net 957,309 954,406 826,570
Intangible assets, net 1,855,764 1,854,545 1,917,517
Goodwill 1,162,606 1,156,019 1,494,502
Operating lease right-of-use assets 1,354,308 1,273,514 1,246,985
Other assets 887,921 867,751 735,275
Other assets of discontinued operations 0 0 190,260
TOTAL ASSETS 12,479,045 11,133,251 10,401,964
Current liabilities      
Short-term borrowings 19,256 1,228,812 67,658
Current portion of long-term debt 1,025 1,018 5,068
Accounts payable 348,932 407,021 507,575
Accrued liabilities 1,254,967 1,260,252 1,254,417
Current liabilities of discontinued operations 91,283 126,781 112,427
Total current liabilities 1,715,463 3,023,884 1,947,145
Long-term debt 5,609,792 2,608,269 2,126,835
Operating lease liabilities 1,104,500 1,020,651 1,011,582
Other liabilities 1,136,692 1,123,113 1,139,512
Other liabilities of discontinued operations 0 0 25,276
Commitments and contingencies
Total liabilities 9,566,447 7,775,917 6,250,350
Stockholders’ equity      
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at June 2020, March 2020 or June 2019 0 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at June 2020 - 389,641,245; March 2020 - 388,812,158; June 2019 - 397,922,120 97,410 97,203 99,481
Additional paid-in capital 4,010,817 4,183,780 3,988,385
Accumulated other comprehensive income (loss) (897,541) (930,958) (867,386)
Retained earnings (accumulated deficit) (298,088) 7,309 931,134
Total stockholders’ equity 2,912,598 3,357,334 4,151,614
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,479,045 $ 11,133,251 $ 10,401,964
Preferred stock, authorized (in shares) 25,000,000 25,000,000 25,000,000
Common stock, authorized (in shares) 1,200,000,000 1,200,000,000 1,200,000,000