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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 184,399 $ 164,315
Receivables, net 667,265 654,360
Inventories 579,270 590,263
Contract assets 197,512 187,257
Prepaid expenses and other current assets 94,371 87,197
Total current assets 1,722,817 1,683,392
Property, plant, and equipment, at cost 1,534,938 1,502,017
Less accumulated depreciation (930,820) (913,045)
Property, plant, and equipment, net 604,118 588,972
Goodwill 628,008 623,847
Other intangible assets, net 132,799 134,082
Defined benefit pension asset 49,555 46,520
Other non-current assets 238,126 253,159
Total assets 3,375,423 3,329,972
Current liabilities:    
Current installments of long-term debt 669 692
Notes payable to banks 51 1,669
Accounts payable 348,934 372,197
Accrued employee compensation and benefits 82,477 143,028
Contract liabilities 140,905 126,932
Other accrued expenses 140,755 132,379
Income taxes payable 33,409 22,509
Dividends payable 13,648 12,019
Total current liabilities 760,848 811,425
Deferred income taxes 6,906 6,344
Long-term debt, excluding current installments 729,983 729,941
Operating lease liabilities 132,083 134,534
Deferred compensation 32,303 33,302
Other non-current liabilities 21,399 20,813
Total liabilities 1,683,522 1,736,359
Redeemable noncontrolling interests 56,899 51,519
Shareholders' equity:    
Common stock of $1 par value, authorized 75,000,000 shares; issued 27,900,000 shares 27,900 27,900
Retained earnings 2,999,046 2,940,838
Accumulated other comprehensive loss (310,099) (332,775)
Treasury stock (1,081,845) (1,093,869)
Total shareholders' equity 1,635,002 1,542,094
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 3,375,423 $ 3,329,972