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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 252,950 $ 402,565
Restricted cash 2,490,281 0
Trade accounts and notes receivable, net of allowance for credit losses of $3,161 and $2,349 381,251 347,413
Inventories, net 583,766 475,213
Deferred tax charges and refundable income taxes 38,907 35,312
Other current assets 129,003 52,867
Total current assets 3,876,158 1,313,370
Property, plant and equipment, net of accumulated depreciation of $696,495 and $653,104 779,631 654,098
Other assets:    
Right-of-use assets 68,389 66,563
Goodwill 789,540 793,702
Intangible assets, net of accumulated amortization of $519,911 and $494,601 308,871 335,113
Deferred tax assets and other noncurrent tax assets 26,549 17,671
Other 12,033 11,379
Total assets 5,861,171 3,191,896
Current liabilities:    
Accounts payable 146,441 130,734
Accrued payroll and related benefits 69,623 108,818
Accrued interest payable 33,743 6,073
Other accrued liabilities 94,805 84,240
Income taxes payable 48,523 49,136
Total current liabilities 393,135 379,001
Long-term debt, excluding current maturities, net of unamortized discount and debt issuance costs of $39,199 and $7,973 3,408,801 937,027
Pension benefit obligations and other liabilities 35,631 37,816
Deferred tax liabilities and other noncurrent tax liabilities 49,997 64,170
Long-term lease liability 60,893 60,101
Commitments and contingent liabilities 0 0
Equity:    
Preferred stock, par value $.01; 5,000,000 shares authorized; none issued and outstanding as of July 2, 2022 and December 31, 2021 0 0
Common stock, par value $.01; 400,000,000 shares authorized; issued and outstanding shares as of July 2, 2022: 136,172,896 and 135,970,496, respectively; issued and outstanding shares as of December 31, 2021: 135,719,366 and 135,516,966, respectively 1,362 1,357
Treasury stock, at cost: 202,400 shares held as of July 2, 2022 and December 31, 2021 (7,112) (7,112)
Additional paid-in capital 891,967 879,845
Retained earnings 1,077,651 879,776
Accumulated other comprehensive loss (51,154) (40,085)
Total equity 1,912,714 1,713,781
Total liabilities and equity $ 5,861,171 $ 3,191,896