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SUPPLEMENTAL BALANCE SHEET INFORMATION
 9 Months Ended
Sep. 29, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL BALANCE SHEET INFORMATION SUPPLEMENTAL BALANCE SHEET INFORMATION
The components of certain asset accounts included within our Consolidated Balance Sheets are as follows:
September 29, 2024December 31, 2023
Inventories:
Raw materials$500,387 $481,111 
Goods in process221,807 192,232 
Finished goods1,014,737 948,974 
Inventories at First In First Out1,736,931 1,622,317 
Adjustment to Last In First Out(434,975)(281,321)
Total inventories$1,301,956 $1,340,996 
Prepaid expenses and other:
Prepaid expenses$114,971 $227,567 
Other current assets377,412 118,021 
Total prepaid expenses and other$492,383 $345,588 
Property, plant and equipment:
Land$182,678 $180,751 
Buildings1,950,979 1,763,070 
Machinery and equipment3,989,788 3,861,006 
Construction in progress567,111 644,244 
Property, plant and equipment, gross6,690,556 6,449,071 
Accumulated depreciation(3,301,522)(3,139,393)
Property, plant and equipment, net$3,389,034 $3,309,678 
Other non-current assets:
Pension$50,711 $48,506 
Capitalized software, net369,079360,205 
Operating lease ROU assets347,576 307,976 
Investments in unconsolidated affiliates207,855 207,177 
Other non-current assets153,808 137,563 
Total other non-current assets$1,129,029 $1,061,427 
The components of certain liability and stockholders’ equity accounts included within our Consolidated Balance Sheets are as follows:
September 29, 2024December 31, 2023
Accounts payable:
Accounts payable—trade$774,135 $630,536 
Supplier finance program obligations219,352 149,261 
Other221,077 306,386 
Total accounts payable$1,214,564 $1,086,183 
Accrued liabilities:
Payroll, compensation and benefits$213,317 $261,961 
Advertising, promotion and product allowances332,331 343,444 
Operating lease liabilities39,523 34,494 
Other222,221 227,916 
Total accrued liabilities$807,392 $867,815 
Other long-term liabilities:
Post-retirement benefits liabilities$89,307 $90,718 
Pension benefits liabilities27,066 28,949 
Operating lease liabilities314,400 277,089 
Other278,586 263,917 
Total other long-term liabilities$709,359 $660,673 
Accumulated other comprehensive loss:
Foreign currency translation adjustments$(123,779)$(87,706)
Pension and post-retirement benefit plans, net of tax(120,769)(126,800)
Cash flow hedges, net of tax(7,572)(15,572)
Total accumulated other comprehensive loss$(252,120)$(230,078)