CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 03, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 339,722	$ 329,266
Accounts receivable—trade, net	654,399	671,464
Inventories	1,208,239	988,511
Prepaid expenses and other	226,105	256,965
Total current assets	2,428,465	2,246,206
Property, plant and equipment, net	2,590,826	2,586,187
Goodwill	2,616,497	2,633,174
Other intangibles	2,007,748	2,037,588
Other non-current assets	904,822	868,203
Deferred income taxes	40,516	40,873
Total assets	10,588,874	10,412,231
Current liabilities:
Accounts payable	876,193	692,338
Accrued liabilities	736,685	855,638
Accrued income taxes	20,543	3,070
Short-term debt	914,916	939,423
Current portion of long-term debt	752,573	2,844
Total current liabilities	3,300,910	2,493,313
Long-term debt	3,340,472	4,086,627
Other long-term liabilities	764,041	787,058
Deferred income taxes	291,711	288,004
Total liabilities	7,697,134	7,655,002
Stockholders’ equity:
Preferred stock, shares issued: none in 2022 and 2021	0	0
Additional paid-in capital	1,258,091	1,260,331
Retained earnings	3,208,598	2,719,936
Treasury—common stock shares, at cost: 16,581,634 at July 3, 2022 and 15,444,011 at December 31, 2021	(1,528,121)	(1,195,376)
Accumulated other comprehensive loss	(268,381)	(249,215)
Total stockholders’ equity	2,891,740	2,757,229
Total liabilities and stockholders’ equity	10,588,874	10,412,231
Common stock
Stockholders’ equity:
Common stock	163,439	160,939
Class B common stock
Stockholders’ equity:
Common stock	$ 58,114	$ 60,614