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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 25, 2023
Dec. 25, 2022
Cash and cash equivalents $ 730,980 $ 400,988
Restricted cash and restricted cash equivalents 46,030 33,771
Inventories 2,047,817 1,990,184
Income taxes receivable 133,747 155,859
Prepaid expenses and other current assets 241,138 211,092
Total current assets 4,364,834 3,891,618
Deferred tax assets 17,949 1,969
Other long-lived assets 21,989 41,574
Operating lease assets, net 281,159 305,798
Intangible assets, net 868,095 846,020
Goodwill 1,282,946 1,227,944
Property, plant and equipment, net 3,085,539 2,940,846
Total assets 9,922,511 9,255,769
Revenue contract liabilities 61,233 34,486
Accrued expenses and other current liabilities 934,396 850,899
Income taxes payable 15,487 58,411
Current maturities of long-term debt 985 26,279
Total current liabilities 2,542,359 2,570,169
Noncurrent operating lease liabilities, less current maturities 213,350 230,701
Long-term debt, less current maturities 3,699,607 3,166,432
Deferred tax liabilities 336,579 364,184
Other long-term liabilities 58,028 71,007
Total liabilities 6,849,923 6,402,493
Common stock 2,619 2,617
Treasury stock (544,687) (544,687)
Additional paid-in capital 1,973,498 1,969,833
Retained earnings 1,815,142 1,749,499
Accumulated other comprehensive loss (187,342) (336,448)
Total Pilgrim’s Pride Corporation stockholders’ equity 3,059,230 2,840,814
Noncontrolling interest 13,358 12,462
Total stockholders’ equity 3,072,588 2,853,276
Total liabilities and stockholders’ equity 9,922,511 9,255,769
Nonrelated Party    
Trade accounts, receivable from related party and other receivables, net 1,163,425 1,097,212
Accounts payable 1,515,540 1,587,939
Related Party    
Trade accounts, receivable from related party and other receivables, net 1,697 2,512
Accounts payable $ 14,718 $ 12,155