XML 21 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 164,315 $ 203,041
Receivables, less allowance of $30,408 and $32,897, respectively 654,360 657,960
Inventories 590,263 658,428
Contract assets 187,257 175,721
Prepaid expenses and other current assets 87,197 92,479
Total current assets 1,683,392 1,787,629
Property, plant, and equipment, at cost 1,502,017 1,513,239
Less accumulated depreciation (913,045) (895,845)
Property, plant, and equipment, net 588,972 617,394
Goodwill 623,847 632,964
Other intangible assets, net 134,082 150,687
Defined benefit pension asset 46,520 15,404
Other non-current assets 253,159 273,370
Total assets 3,329,972 3,477,448
Current liabilities:    
Current installments of long-term debt 692 719
Notes payable to banks 1,669 3,205
Accounts payable 372,197 358,311
Accrued employee compensation and benefits 143,028 130,861
Contract liabilities 126,932 70,978
Other accrued expenses 132,379 146,903
Income taxes payable 22,509  
Dividends payable 12,019 12,125
Total current liabilities 811,425 723,102
Deferred income taxes 6,344 21,205
Long-term debt, excluding current installments 729,941 1,107,885
Operating lease liabilities 134,534 162,743
Deferred compensation 33,302 32,623
Other non-current liabilities 20,813 12,818
Total liabilities 1,736,359 2,060,376
Redeemable noncontrolling interests 51,519 62,792
Shareholders' equity:    
Common stock of $1 par value, authorized 75,000,000 shares; issued 27,900,000 shares 27,900 27,900
Retained earnings 2,940,838 2,643,606
Accumulated other comprehensive loss (332,775) (273,236)
Treasury stock, at cost, common shares of 7,868,382 and 7,691,192, respectively (1,093,869) (1,043,990)
Total shareholders' equity 1,542,094 1,354,280
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 3,329,972 $ 3,477,448