CURRENT LIABILITIES

6 Months Ended

Jun. 28, 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:

	June 28, 2020		December 29, 2019
	(In thousands)
Accounts payable:
Trade accounts	$	811,456	$	875,374
Book overdrafts	53,609		98,267
Other payables	19,358		20,139
Total accounts payable	884,423		993,780
Accounts payable to related parties(a)	7,404		3,819
Revenue contract liability(b)	39,425		41,770
Accrued expenses and other current liabilities:
Compensation and benefits	136,319		164,946
Taxes	41,338		41,901
Interest and debt-related fees	29,913		31,183
Insurance and self-insured claims	66,481		67,332
Current maturities of operating lease liabilities	66,694		66,239
Derivative liability	26,759		10,830
Other accrued expenses	160,752		192,888
Total accrued expenses and other current liabilities	528,256		575,319
Total accounts payable, accrued expenses and other current liabilities	$	1,459,508	$	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.”