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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2019
Dec. 28, 2018
Current assets:    
Cash and cash equivalents $ 77.0 $ 81.0
Accounts receivable, net 1,593.7 1,600.0
Inventories 1,443.8 1,440.4
Other current assets 43.6 50.6
Total current assets 3,158.1 3,172.0
Property and equipment, at cost 404.2 398.4
Accumulated depreciation (242.5) (235.1)
Property and equipment, net 161.7 163.3
Operating leases 234.2 0.0
Goodwill 834.9 832.0
Intangible assets, net 385.3 392.9
Other assets 95.5 92.9
Total assets 4,869.7 4,653.1
Current liabilities:    
Accounts payable 1,164.0 1,320.0
Accrued expenses 278.9 309.0
Current operating lease obligations 58.7 0.0
Total current liabilities 1,501.6 1,629.0
Long-term debt 1,368.3 1,252.7
Operating lease obligations 181.4 0.0
Other liabilities 197.7 201.0
Total liabilities 3,249.0 3,082.7
Stockholders’ equity:    
Common stock - $1.00 par value, 100,000,000 shares authorized, 34,071,813 and 33,826,704 shares issued and outstanding at March 29, 2019 and December 28, 2018, respectively 34.1 33.9
Capital surplus 296.6 292.7
Retained earnings 1,560.0 1,513.2
Accumulated other comprehensive loss:    
Foreign currency translation (161.7) (168.6)
Unrecognized pension liability, net (108.3) (100.8)
Total accumulated other comprehensive loss (270.0) (269.4)
Total stockholders’ equity 1,620.7 1,570.4
Total liabilities and stockholders’ equity $ 4,869.7 $ 4,653.1