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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 26, 2021
Dec. 27, 2020
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 427,661 $ 547,624
Restricted cash and cash equivalents 22,460 782
Trade accounts and other receivables, less allowance for credit losses 1,013,437 741,992
Accounts receivable from related parties 1,345 1,084
Inventories 1,575,658 1,358,793
Income taxes receivable 27,828 69,397
Prepaid expenses and other current assets 237,565 183,039
Total current assets 3,305,954 2,902,711
Deferred tax assets 5,314 5,471
Other long-lived assets 32,410 24,780
Operating lease assets, net 351,226 288,886
Identified intangible assets, net 963,243 589,913
Goodwill 1,337,252 1,005,245
Property, plant and equipment, net 2,917,806 2,657,491
Total assets 8,913,205 7,474,497
Accounts payable 1,378,077 1,028,710
Accounts payable to related parties 22,317 9,650
Revenue contract liabilities 22,321 65,918
Accrued expenses and other current liabilities 859,885 807,847
Income taxes payable 81,977 0
Current maturities of long-term debt 26,246 25,455
Total current liabilities 2,390,823 1,937,580
Noncurrent operating lease liabilities, less current maturities 271,366 217,432
Long-term debt, less current maturities 3,191,161 2,255,546
Deferred tax liabilities 369,185 339,831
Other long-term liabilities 101,736 148,761
Total liabilities 6,324,271 4,899,150
Common stock, $.01 par value, 800,000,000 shares authorized; 261,348,030 and 261,184,998 shares issued at year-end 2021 and year-end 2020, respectively; 243,675,522 and 243,512,490 shares outstanding at year-end 2021 and year-end 2020, respectively 2,614 2,612
Treasury stock, at cost, 17,672,508 shares at both year-end 2021 and year-end 2020 (345,134) (345,134)
Additional paid-in capital 1,964,028 1,954,334
Retained earnings 1,003,569 972,569
Accumulated other comprehensive loss (47,997) (20,620)
Total Pilgrim’s Pride Corporation stockholders’ equity 2,577,080 2,563,761
Noncontrolling interest 11,854 11,586
Total stockholders’ equity 2,588,934 2,575,347
Total liabilities and stockholders’ equity $ 8,913,205 $ 7,474,497