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CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 25, 2016
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 581,510 $ 292,544
Restricted cash and cash equivalents 8,021 4,979
Trade accounts and other receivables, less allowance for doubtful accounts 565,478 445,553
Accounts receivable from related parties 2,951 4,010
Inventories 1,255,070 975,608
Prepaid expenses and other current assets 102,550 81,932
Assets held for sale 708 5,259
Total current assets 2,516,288 1,809,885
Other long-lived assets 18,165 19,260
Identified intangible assets, net 617,163 471,591
Goodwill 1,001,889 887,221
Property, plant and equipment, net 2,095,147 1,833,985
Total assets 6,248,652 5,021,942
Accounts payable 762,444 790,378
Accounts payable to related parties 2,889 4,468
Accrued expenses and other current liabilities 417,342 347,021
Income taxes payable 222,073 27,578
Current maturities of long-term debt 47,775 15,712
Total current liabilities 1,452,523 1,185,157
Long-term debt, less current maturities 2,635,617 1,396,124
Deferred tax liabilities 208,492 251,807
Other long-term liabilities 96,359 102,722
Total liabilities 4,392,991 2,935,810
Commitments and contingencies
Preferred stock, $.01 par value, 50,000,000 shares authorized; no shares issued 0 0
Common stock, $.01 par value, 800,000,000 shares authorized; 260,167,881 and 259,682,000 shares issued at year-end 2017 and year-end 2016, respectively; 248,752,508 and 249,046,139 shares outstanding at year-end 2017 and year-end 2016, respectively 2,602 307,288
Treasury stock, at cost, 11,415,373 shares and 10,635,861 shares at year-end 2017 and year-end 2016, respectively (231,758) (217,117)
Additional paid-in capital 1,932,509 3,100,332
Retained earnings (accumulated deficit) 173,943 (782,785)
Accumulated other comprehensive loss (31,140) (329,858)
Total Pilgrim’s Pride Corporation stockholders’ equity 1,846,156 2,077,860
Noncontrolling interest 9,505 8,272
Total stockholders’ equity 1,855,661 2,086,132
Total liabilities and stockholders’ equity $ 6,248,652 $ 5,021,942