XML 201 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 26, 2022
Dec. 26, 2021
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 682,126 $ 427,661
Restricted cash and restricted cash equivalents 40,498 22,460
Trade accounts and other receivables, less allowance for credit losses 1,184,225 1,013,437
Accounts receivable from related parties 1,696 1,345
Inventories 1,840,462 1,575,658
Income taxes receivable 32,675 27,828
Prepaid expenses and other current assets 217,537 237,565
Total current assets 3,999,219 3,305,954
Deferred tax assets 5,020 5,314
Other long-lived assets 32,009 32,410
Operating lease assets, net 315,014 351,226
Intangible assets, net 874,248 963,243
Goodwill 1,243,536 1,337,252
Property, plant and equipment, net 2,853,886 2,917,806
Total assets 9,322,932 8,913,205
Accounts payable 1,481,640 1,378,077
Accounts payable to related parties 11,250 22,317
Revenue contract liabilities 28,188 22,321
Accrued expenses and other current liabilities 811,999 859,885
Income taxes payable 111,624 81,977
Current maturities of long-term debt 26,260 26,246
Total current liabilities 2,470,961 2,390,823
Noncurrent operating lease liabilities, less current maturities 238,955 271,366
Long-term debt, less current maturities 3,371,373 3,191,161
Deferred tax liabilities 315,983 369,185
Other long-term liabilities 53,576 101,736
Total liabilities 6,450,848 6,324,271
Common stock 2,616 2,614
Treasury stock (465,123) (345,134)
Additional paid-in capital 1,968,562 1,964,028
Retained earnings 1,646,123 1,003,569
Accumulated other comprehensive loss (291,975) (47,997)
Total Pilgrim’s Pride Corporation stockholders’ equity 2,860,203 2,577,080
Noncontrolling interest 11,881 11,854
Total stockholders’ equity 2,872,084 2,588,934
Total liabilities and stockholders’ equity $ 9,322,932 $ 8,913,205