Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2021
Mar. 28, 2020
Current assets    
Cash and equivalents $ 815,750 $ 1,369,028
Accounts receivable, less allowance for doubtful accounts of: March 2021 - $33,654; March 2020 - $37,099 1,298,020 1,308,051
Inventories 1,061,839 1,293,912
Short-term investments 598,806 0
Other current assets 423,877 444,886
Current assets of discontinued operations 587,578 611,139
Total current assets 4,785,870 5,027,016
Property, plant and equipment, net 975,876 954,406
Intangible assets, net 3,029,545 1,854,545
Goodwill 2,425,427 1,156,019
Operating lease right-of-use assets 1,474,434 1,273,514
Other assets 1,062,877 867,751
TOTAL ASSETS 13,754,029 11,133,251
Current liabilities    
Short-term borrowings 11,061 1,228,812
Current portion of long-term debt 1,023 1,018
Accounts payable 463,208 407,021
Accrued liabilities 1,609,928 1,260,252
Current liabilities of discontinued operations 125,257 126,781
Total current liabilities 2,210,477 3,023,884
Long-term debt 5,709,149 2,608,269
Operating lease liabilities 1,236,461 1,020,651
Other liabilities 1,541,778 1,123,113
Total liabilities 10,697,865 7,775,917
Commitments and contingencies
Stockholders' equity    
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at March 2021 or March 2020 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at March 2021 - 391,941,477; March 2020 - 388,812,158 97,985 97,203
Additional paid-in capital 3,777,645 4,183,780
Accumulated other comprehensive income (loss) (1,009,000) (930,958)
Retained earnings 189,534 7,309
Total stockholders’ equity 3,056,164 3,357,334
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 13,754,029 $ 11,133,251