XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 26, 2023
Dec. 25, 2022
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 150,687 $ 400,988
Restricted cash and restricted cash equivalents 33,879 33,771
Trade accounts and other receivables, less allowance for credit losses 1,237,366 1,097,212
Accounts receivable from related parties 2,125 2,512
Inventories 2,022,110 1,990,184
Income taxes receivable 143,974 155,859
Prepaid expenses and other current assets 232,453 211,092
Total current assets 3,822,594 3,891,618
Deferred tax assets 7,955 1,969
Other long-lived assets 16,978 41,574
Operating lease assets, net 290,175 305,798
Intangible assets, net 848,895 846,020
Goodwill 1,243,613 1,227,944
Property, plant and equipment, net 2,997,295 2,940,846
Total assets 9,227,505 9,255,769
Accounts payable 1,517,470 1,587,939
Accounts payable to related parties 20,481 12,155
Revenue contract liabilities 47,766 34,486
Accrued expenses and other current liabilities 862,753 850,899
Income taxes payable 18,951 58,411
Current maturities of long-term debt 26,326 26,279
Total current liabilities 2,493,747 2,570,169
Noncurrent operating lease liabilities, less current maturities 219,350 230,701
Long-term debt, less current maturities 3,196,615 3,166,432
Deferred tax liabilities 347,166 364,184
Other long-term liabilities 64,107 71,007
Total liabilities 6,320,985 6,402,493
Common stock 2,619 2,617
Treasury stock (544,687) (544,687)
Additional paid-in capital 1,971,038 1,969,833
Retained earnings 1,754,686 1,749,499
Accumulated other comprehensive loss (290,042) (336,448)
Total Pilgrim’s Pride Corporation stockholders’ equity 2,893,614 2,840,814
Noncontrolling interest 12,906 12,462
Total stockholders’ equity 2,906,520 2,853,276
Total liabilities and stockholders’ equity $ 9,227,505 $ 9,255,769