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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 03, 2020
Dec. 28, 2018
Current assets:    
Cash and cash equivalents $ 79.6 $ 81.0
Accounts receivable, net 1,540.3 1,600.0
Inventories 1,354.7 1,440.4
Other current assets 63.3 50.6
Total current assets 3,037.9 3,172.0
Property and equipment, at cost 432.3 398.4
Accumulated depreciation (257.4) (235.1)
Property and equipment, net 174.9 163.3
Operating leases 273.3 0.0
Goodwill 828.7 832.0
Intangible assets, net 361.2 392.9
Other assets 132.9 92.9
Total assets 4,808.9 4,653.1
Current liabilities:    
Accounts payable 1,100.3 1,320.0
Accrued expenses 330.3 309.0
Current operating lease obligations 62.9 0.0
Total current liabilities 1,493.5 1,629.0
Long-term debt 1,059.7 1,252.7
Operating lease obligations 219.1 0.0
Other liabilities 175.7 201.0
Total liabilities 2,948.0 3,082.7
Stockholders’ equity:    
Common Stock 34.2 33.9
Capital surplus 310.2 292.7
Retained earnings 1,783.8 1,513.2
Accumulated other comprehensive loss:    
Foreign currency translation (145.5) (168.6)
Unrecognized pension liability, net (121.8) (100.8)
Total accumulated other comprehensive loss (267.3) (269.4)
Total stockholders’ equity 1,860.9 1,570.4
Total liabilities and stockholders’ equity $ 4,808.9 $ 4,653.1