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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 07, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 14,561 $ 165,134
Accounts and notes receivable, net of allowances of $25,321 and $18,754, respectively 364,539 349,477
Inventories, net:    
Raw materials 70,831 71,058
Packaging materials 29,536 28,202
Finished goods 82,510 69,437
Inventories, net 182,877 168,697
Spare parts and supplies 83,273 73,614
Other 69,329 48,018
Total current assets 714,579 804,940
Property, plant and equipment:    
Property, plant and equipment 2,489,518 2,296,721
Less: accumulated depreciation (1,527,859) (1,447,396)
Property, plant and equipment, net 961,659 849,325
Financing lease right-of-use assets 494 1,778
Operating lease right-of-use assets 262,652 273,436
Notes receivable from independent distributor partners 114,492 136,882
Assets held for sale 14,550 12,493
Other assets 23,349 24,515
Goodwill 677,796 545,244
Other intangible assets, net 665,068 664,381
Total assets 3,434,639 3,312,994
Current liabilities:    
Current maturities of financing leases 381 1,779
Current maturities of operating leases 49,346 43,990
Accounts payable 328,614 343,380
Other accrued liabilities 291,518 175,276
Total current liabilities 669,859 564,425
Noncurrent long-term debt 1,037,843 891,842
Noncurrent financing lease obligations 34 116
Noncurrent operating lease obligations 221,853 236,977
Total long-term debt and right-of-use lease liabilities 1,259,730 1,128,935
Other liabilities:    
Postretirement/post-employment obligations 5,504 5,814
Deferred taxes 90,528 134,832
Other long-term liabilities 34,367 35,698
Total other long-term liabilities 130,399 176,344
Commitments and Contingencies
Stockholders’ equity:    
Common stock — $.01 stated par value and $.001 current par value, 500,000,000 authorized shares and 228,729,585 shares issued 199 199
Treasury stock-17,609,359 shares and 17,595,619 shares, respectively (266,408) (252,613)
Capital in excess of par value 694,245 689,959
Retained earnings 945,285 1,004,271
Accumulated other comprehensive income 1,330 1,474
Total stockholders’ equity 1,374,651 1,443,290
Total liabilities and stockholders’ equity 3,434,639 3,312,994
Series A Preferred Stock    
Stockholders’ equity:    
Preferred Stock, value
Series B Preferred Stock    
Stockholders’ equity:    
Preferred Stock, value