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SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)
6 Months Ended
Jul. 02, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Supplemental Balance Sheet Information
The components of certain Consolidated Balance Sheet accounts are as follows:
 
 
July 2, 2017
 
December 31, 2016
Inventories:
 
 
 
 
Raw materials
 
$
303,553

 
$
315,239

Goods in process
 
123,386

 
88,490

Finished goods
 
691,334

 
528,587

Inventories at FIFO
 
1,118,273

 
932,316

Adjustment to LIFO
 
(181,836
)
 
(186,638
)
Total inventories
 
$
936,437

 
$
745,678

 
 
 
 
 
Property, plant and equipment:
 
 
 
 
Land
 
$
106,662

 
$
103,865

Buildings
 
1,191,483

 
1,238,634

Machinery and equipment
 
2,871,889

 
3,001,552

Construction in progress
 
200,411

 
230,987

Property, plant and equipment, gross
 
4,370,445

 
4,575,038

Accumulated depreciation
 
(2,336,655
)
 
(2,397,790
)
Property, plant and equipment, net
 
$
2,033,790

 
$
2,177,248

 
 
 
 
 
Other assets:
 
 
 
 
Capitalized software, net
 
$
100,867

 
$
95,301

Income tax receivable
 

 
1,449

Other non-current assets
 
82,113

 
71,615

Total other assets
 
$
182,980

 
$
168,365

 
 
 
 
 
Accrued liabilities:
 
 
 
 
Payroll, compensation and benefits
 
$
194,368

 
$
240,080

Advertising and promotion
 
280,645

 
358,573

Other
 
166,730

 
152,333

Total accrued liabilities
 
$
641,743

 
$
750,986

 
 
 
 
 
Other long-term liabilities:
 
 
 
 
Post-retirement benefits liabilities
 
$
215,802

 
$
220,270

Pension benefits liabilities
 
61,748

 
65,687

Other
 
119,654

 
114,204

Total other long-term liabilities
 
$
397,204

 
$
400,161

 
 
 
 
 
Accumulated other comprehensive loss:
 
 
 
 
Foreign currency translation adjustments
 
$
(92,756
)
 
$
(110,613
)
Pension and post-retirement benefit plans, net of tax
 
(206,742
)
 
(207,169
)
Cash flow hedges, net of tax
 
(56,466
)
 
(58,106
)
Total accumulated other comprehensive loss
 
$
(355,964
)
 
$
(375,888
)