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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2016
Jan. 03, 2015
Assets    
Cash and cash equivalents $ 319,169 $ 239,855
Trade accounts receivable, net 680,417 672,048
Inventories 1,814,602 1,537,200
Other current assets 103,679 101,064
Total current assets 2,917,867 2,550,167
Property, net 650,462 674,379
Trademarks and other identifiable intangibles, net 700,515 691,201
Goodwill 834,315 723,120
Deferred tax assets 445,179 495,824
Other noncurrent assets 70,702 73,502
Total assets 5,619,040 5,208,193
Liabilities and Stockholders’ Equity    
Accounts payable 672,972 621,220
Accrued liabilities and other:    
Payroll and employee benefits 142,154 143,335
Advertising and promotion 125,948 149,345
Other 192,231 198,759
Notes payable 117,785 144,438
Accounts Receivable Securitization Facility 195,163 210,963
Current portion of long-term debt 57,656 14,354
Total current liabilities 1,503,909 1,482,414
Long-term debt 2,254,162 1,613,997
Pension and postretirement benefits 362,266 472,003
Other noncurrent liabilities 222,812 253,007
Total liabilities 4,343,149 3,821,421
Stockholders’ equity:    
Preferred stock (50,000,000 authorized shares; $.01 par value) Issued and outstanding — None 0 0
Common stock (2,000,000,000 authorized shares; $.01 par value) Issued and outstanding — 391,652,810 and 400,789,120, respectively 3,917 4,008
Additional paid-in capital 277,569 290,926
Retained earnings 1,389,338 1,464,427
Accumulated other comprehensive loss (394,933) (372,589)
Total stockholders’ equity 1,275,891 1,386,772
Total liabilities and stockholders’ equity $ 5,619,040 $ 5,208,193