XML 183 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 29, 2019
Dec. 30, 2018
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 260,568 $ 338,386
Restricted cash and cash equivalents 20,009 23,192
Trade accounts and other receivables, less allowance for doubtful accounts 741,281 561,549
Accounts receivable from related parties 944 1,331
Inventories 1,383,535 1,159,519
Income taxes receivable 60,204 38,479
Prepaid expenses and other current assets 131,695 112,201
Total current assets 2,598,236 2,234,657
Deferred tax assets 4,426 4,248
Other long-lived assets 36,325 16,717
Operating lease assets, net 301,513  
Identified intangible assets, net 596,053 564,128
Goodwill 973,750 949,750
Property, plant and equipment, net 2,592,061  
Property, plant and equipment, net   2,161,702
Total assets 7,102,364 5,931,202
Accounts payable 993,780 827,825
Accounts payable to related parties 3,819 7,269
Revenue contract liability 41,770 33,328
Accrued expenses and other current liabilities 575,319 389,175
Income taxes payable 7,075 8,221
Current maturities of long-term debt 26,392 30,405
Total current liabilities 1,648,155 1,296,223
Noncurrent operating lease liability, less current maturities 235,382  
Long-term debt, less current maturities 2,276,029 2,295,190
Noncurrent income taxes payable 7,731 7,731
Deferred tax liabilities 301,907 237,422
Other long-term liabilities 97,100 75,051
Total liabilities 4,566,304 3,911,617
Common stock, $.01 par value, 800,000,000 shares authorized; 261,119,064 and 260,396,032 shares issued at year-end 2019 and year-end 2018, respectively; 249,572,119 and 248,965,081 shares outstanding at year-end 2019 and year-end 2018, respectively 2,611 2,604
Treasury stock, at cost, 11,546,945 shares and 11,430,951 shares at year-end 2019 and year-end 2018, respectively (234,892) (231,994)
Additional paid-in capital 1,955,261 1,945,136
Retained earnings 877,812 421,888
Accumulated other comprehensive loss (75,129) (127,834)
Total Pilgrim’s Pride Corporation stockholders’ equity 2,525,663 2,009,800
Noncontrolling interest 10,397 9,785
Total stockholders’ equity 2,536,060 2,019,585
Total liabilities and stockholders’ equity $ 7,102,364 $ 5,931,202