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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2019
Dec. 28, 2018
Current assets:    
Cash and cash equivalents $ 52.0 $ 81.0
Accounts receivable, net 1,691.4 1,600.0
Inventories 1,412.2 1,440.4
Other current assets 44.2 50.6
Total current assets 3,199.8 3,172.0
Property and equipment, at cost 413.1 398.4
Accumulated depreciation (251.5) (235.1)
Property and equipment, net 161.6 163.3
Operating leases 229.9 0.0
Goodwill 838.4 832.0
Intangible assets, net 377.5 392.9
Other assets 103.5 92.9
Total assets 4,910.7 4,653.1
Current liabilities:    
Accounts payable 1,197.9 1,320.0
Accrued expenses 280.9 309.0
Current operating lease obligations 56.9 0.0
Total current liabilities 1,535.7 1,629.0
Long-term debt 1,303.0 1,252.7
Operating lease obligations 178.3 0.0
Other liabilities 195.8 201.0
Total liabilities 3,212.8 3,082.7
Stockholders’ equity:    
Common stock - $1.00 par value, 100,000,000 shares authorized, 34,085,359 and 33,862,704 shares issued and outstanding at June 28, 2019 and December 28, 2018, respectively 34.1 33.9
Capital surplus 300.2 292.7
Retained earnings 1,623.5 1,513.2
Accumulated other comprehensive loss:    
Foreign currency translation (152.6) (168.6)
Unrecognized pension liability, net (107.3) (100.8)
Total accumulated other comprehensive loss (259.9) (269.4)
Total stockholders’ equity 1,697.9 1,570.4
Total liabilities and stockholders’ equity $ 4,910.7 $ 4,653.1