CURRENT LIABILITIES

3 Months Ended

Mar. 29, 2020

Payables and Accruals [Abstract]

CURRENT LIABILITIES

CURRENT LIABILITIES        Current liabilities, other than current notes payable to banks, income taxes and current maturities of long-term debt, consisted of the following components:

	March 29, 2020		December 29, 2019
	(In thousands)
Accounts payable:
Trade accounts	$	836,052	$	875,374
Book overdrafts	59,836		98,267
Other payables	19,775		20,139
Total accounts payable	915,663		993,780
Accounts payable to related parties(a)	7,998		3,819
Revenue contract liability(b)	32,084		41,770
Accrued expenses and other current liabilities:
Compensation and benefits	132,935		164,946
Taxes	44,256		41,901
Interest and debt-related fees	29,040		31,183
Insurance and self-insured claims	67,502		67,332
Current maturities of operating lease liabilities	64,262		66,239
Derivative liability	18,086		10,830
Other accrued expenses	176,428		192,888
Total accrued expenses and other current liabilities	532,509		575,319
Total accounts payable, accrued expenses and other current liabilities	$	1,488,254	$	1,614,688

(a) Additional information regarding accounts payable to related parties is included in “Note 18. Related Party Transactions.”

(b) Additional information regarding revenue contract liabilities is included in “Note 3. Revenue Recognition.”