SEGMENT REPORTING (Tables)

3 Months Ended

Apr. 01, 2018

Schedule of Segment Reporting Information, by Segment

Information on segments and a reconciliation to income before income taxes are as follows:



	Thirteen Weeks Ended
	April 1, 2018		March 26, 2017
	(In thousands)
U.S.	$	1,841,105	$	1,736,405
U.K. and Europe	544,300		458,848
Mexico	361,273		284,087
Total net sales	$	2,746,678	$	2,479,340



	Thirteen Weeks Ended
	April 1, 2018			March 26, 2017
	(In thousands)
U.S.	$	127,286		$	133,556
U.K. and Europe	21,413			14,372
Mexico	52,870			18,772
Elimination	24			24
Total operating income	201,593			166,724
Interest expense, net of capitalized interest	50,300			19,112
Interest income	(1,590		)	(368		)
Foreign currency transaction losses (gains)	(1,721		)	691
Miscellaneous, net	(1,617		)	(2,843		)
Income before income taxes	$	156,221		$	150,132

Information on segments for goodwill and total assets are as follows:



	April 1, 2018		December 31, 2017
	(In thousands)
U.S.	$	41,936	$	41,936
U.K. and Europe	865,583		834,346
Mexico	125,607		125,607
Total goodwill	$	1,033,126	$	1,001,889



	April 1, 2018			December 31, 2017
	(In thousands)
U.S.	$	4,784,793		$	4,444,918
U.K. and Europe	2,202,251			2,226,895
Mexico	969,107			934,511
Eliminations^(a)	(1,558,516		)	(1,357,672		)
Total assets	$	6,397,635		$	6,248,652

(a)

Eliminations for the period ended April 1, 2018 include the elimination of the U.S. segment's $191.7 million investment in the Mexico segment, the elimination of $111.1 million in intersegment receivables and payables between the U.S. and Mexico segments and the elimination of the U.S. segment's $1.3 billion investment in the U.K. and Europe segment. Eliminations for the period ended December 31, 2017 include the elimination of the U.S. segment's $191.7 million investment in the Mexico segment and the elimination of $111.1 million in intersegment receivables and payables between the U.S. and Mexico segments and the elimination of the U.S. segment's $1.1 billion investment in the U.K. and Europe segment.