Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 02, 2017	Dec. 25, 2016	Jun. 26, 2016
Current assets
Cash and cash equivalents	$ 1,433,500	$ 1,282,285	$ 924,098
Accounts receivable, less allowance for doubtful accounts of $15,200, $16,800 and $32,800 as of July 2, 2017, December 25, 2016 and June 26, 2016, respectively	846,547	1,319,963	703,821
Inventories	557,507	387,675	572,391
Prepaid expenses and other current assets	257,251	237,684	323,046
Total current assets	3,094,805	3,227,607	2,523,356
Property, plant and equipment, less accumulated depreciation of $408,200, $383,700 and $375,300 as of July 2, 2017, December 25, 2016 and June 26, 2016, respectively	268,973	267,398	242,607
Other assets
Goodwill	572,143	570,555	592,806
Other intangibles, net, accumulated amortization of $891,800, $876,000 and $858,700 as of July 2, 2017, December 25, 2016 and June 26, 2016, respectively	230,188	245,949	263,425
Other	746,634	779,857	722,191
Total other assets	1,548,965	1,596,361	1,578,422
Total assets	4,912,743	5,091,366	4,344,385
Current liabilities
Short-term borrowings	186,863	172,582	5,400
Current portion of long-term debt	349,916	349,713	0
Accounts payable	368,312	319,525	214,243
Accrued liabilities	567,156	776,039	525,377
Total current liabilities	1,472,247	1,617,859	745,020
Long-term debt	1,199,114	1,198,679	1,547,753
Other liabilities	408,888	389,388	402,614
Total liabilities	3,080,249	3,205,926	2,695,387
Redeemable noncontrolling interests	0	22,704	36,465
Shareholders' equity
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued	0	0	0
Common stock of $.50 par value. Authorized 600,000,000 shares; issued 209,694,630 at July 2, 2017, December 25, 2016, and June 26, 2016	104,847	104,847	104,847
Additional paid-in capital	1,021,690	985,418	945,802
Retained earnings	4,141,903	4,148,722	3,825,289
Accumulated other comprehensive loss	(226,613)	(194,570)	(174,301)
Treasury stock, at cost; 84,615,971 shares at July 2, 2017; 85,207,677 shares at December 25, 2016; and 84,241,018 shares at June 26, 2016	(3,209,333)	(3,181,681)	(3,089,104)
Total shareholders' equity	1,832,494	1,862,736	1,612,533
Total liabilities, redeemable noncontrolling interests and shareholders' equity	$ 4,912,743	$ 5,091,366	$ 4,344,385

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.