Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Mar. 29, 2025
Jun. 29, 2024
Current assets      
Cash and cash equivalents $ 642,386 $ 429,382 $ 625,436
Accounts receivable, less allowance for doubtful accounts of: June 2025 - $35,803; March 2025 - $31,853; June 2024 - $28,542 1,172,223 1,321,663 1,049,368
Inventories 2,135,478 1,627,025 2,059,728
Other current assets 425,429 408,028 519,675
Current assets of discontinued operations 0 0 94,924
Total current assets 4,375,516 3,786,098 4,349,131
Property, plant and equipment, net 720,785 720,879 759,811
Intangible assets, net 1,723,749 1,710,707 1,770,765
Goodwill 620,829 603,386 643,220
Operating lease right-of-use assets 1,319,142 1,262,319 1,260,903
Other assets 1,390,476 1,294,147 1,194,425
Other assets of discontinued operations 0 0 1,563,108
TOTAL ASSETS 10,150,497 9,377,536 11,541,363
Current liabilities      
Short-term borrowings 392,915 11,916 263,709
Current portion of long-term debt 586,005 540,579 1,749,601
Accounts payable 1,166,757 789,570 1,136,236
Accrued liabilities 1,293,962 1,355,788 1,196,504
Current liabilities of discontinued operations 0 0 62,924
Total current liabilities 3,439,639 2,697,853 4,408,974
Long-term debt 3,560,990 3,425,650 3,940,668
Operating lease liabilities 1,135,094 1,079,182 1,100,183
Other liabilities 722,491 687,492 633,984
Other liabilities of discontinued operations 0 0 69,649
Total liabilities 8,858,214 7,890,177 10,153,458
Commitments and contingencies
Stockholders’ equity      
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at June 2025, March 2025 or June 2024 0 0 0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at June 2025 - 390,555,382; March 2025 - 389,695,199; June 2024 - 389,181,642 97,639 97,424 97,295
Additional paid-in capital 3,527,375 3,540,686 3,580,175
Accumulated other comprehensive loss (1,037,424) (977,740) (1,053,627)
Accumulated deficit (1,295,307) (1,173,011) (1,235,938)
Total stockholders’ equity 1,292,283 1,487,359 1,387,905
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,150,497 $ 9,377,536 $ 11,541,363