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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Statement of Comprehensive Income [Abstract]        
NET SALES $ 6,152,784 $ 6,204,194 $ 18,133,796 $ 18,151,273
COST OF GOODS SOLD 5,044,449 5,105,632 14,919,681 15,007,354
Gross profit 1,108,335 1,098,562 3,214,115 3,143,919
OPERATING EXPENSES:        
Distribution, selling and administrative costs 929,487 908,640 2,726,249 2,748,683
Restructuring (benefit) charges (360) 702 805 3,279
Total operating expenses 929,127 909,342 2,727,054 2,751,962
OPERATING INCOME 179,208 189,220 487,061 391,957
OTHER INCOME—Net (3,172) (810) (9,447) (170)
INTEREST EXPENSE—Net 41,843 43,211 132,688 126,099
Income before income taxes 140,537 146,819 363,820 266,028
INCOME TAX PROVISION 26,251 51,268 56,684 78,203
NET INCOME 114,286 95,551 307,136 187,825
OTHER COMPREHENSIVE INCOME—Net of tax:        
Changes in retirement benefit obligations 435 1,059 26,269 3,596
Unrecognized gain on interest rate swaps 1,554 2,445 14,238 2,445
COMPREHENSIVE INCOME $ 116,275 $ 99,055 $ 347,643 $ 193,866
NET INCOME PER SHARE        
Basic (in dollars per share) $ 0.53 $ 0.43 $ 1.42 $ 0.84
Diluted (in dollars per share) $ 0.52 $ 0.42 $ 1.41 $ 0.83
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING        
Basic (in shares) 216,623,903 223,807,520 215,843,738 222,641,854
Diluted (in shares) 218,107,064 225,862,274 217,696,533 226,325,711