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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jun. 30, 2018
Jul. 01, 2017
Statement of Comprehensive Income [Abstract]        
NET SALES $ 6,158,491 $ 6,158,654 $ 11,981,012 $ 11,947,079
COST OF GOODS SOLD 5,044,638 5,104,605 9,875,232 9,901,722
Gross profit 1,113,853 1,054,049 2,105,780 2,045,357
OPERATING EXPENSES:        
Distribution, selling and administrative costs 908,881 926,451 1,796,762 1,840,042
Restructuring (benefit) charges (387) 704 1,165 2,577
Total operating expenses 908,494 927,155 1,797,927 1,842,619
OPERATING INCOME 205,359 126,894 307,853 202,738
OTHER (INCOME) EXPENSE—Net (3,145) 1,320 (6,275) 640
INTEREST EXPENSE—Net 48,001 41,003 90,845 82,889
Income before income taxes 160,503 84,571 223,283 119,209
INCOME TAX PROVISION 34,970 19,113 30,433 26,935
NET INCOME 125,533 65,458 192,850 92,274
OTHER COMPREHENSIVE INCOME—Net of tax:        
Changes in retirement benefit obligations 25,231 1,880 25,834 2,537
Unrecognized gain on interest rate swaps 3,644 0 12,684 0
COMPREHENSIVE INCOME $ 154,408 $ 67,338 $ 231,368 $ 94,811
NET INCOME PER SHARE        
Basic (in dollars per share) $ 0.58 $ 0.29 $ 0.90 $ 0.42
Diluted (in dollars per share) $ 0.58 $ 0.29 $ 0.89 $ 0.41
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING        
Basic (in shares) 215,827,074 222,754,030 215,453,656 222,059,022
Diluted (in shares) 217,770,313 226,791,449 217,491,267 226,557,430