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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Cash and cash equivalents $ 1,317,087 $ 697,748
Restricted cash and restricted cash equivalents 17,039 33,475
Inventories 1,806,244 1,985,399
Income taxes receivable 93,259 161,062
Prepaid expenses and other current assets 230,610 195,831
Total current assets 4,512,154 4,204,471
Deferred tax assets 31,980 4,890
Other long-lived assets 53,236 35,646
Operating lease assets, net 270,872 266,707
Intangible assets, net 828,902 853,983
Goodwill 1,258,285 1,286,261
Property, plant and equipment, net 3,123,028 3,158,403
Total assets 10,078,457 9,810,361
Revenue contract liabilities 67,176 84,958
Accrued expenses and other current liabilities 999,075 926,727
Income taxes payable 56,487 31,678
Current maturities of long-term debt 585 674
Total current liabilities 2,484,345 2,495,867
Noncurrent operating lease liabilities, less current maturities 212,219 203,348
Long-term debt, less current maturities 3,183,095 3,340,841
Deferred tax liabilities 419,366 385,548
Other long-term liabilities 33,951 40,180
Total liabilities 6,332,976 6,465,784
Common stock 2,621 2,620
Treasury stock (544,687) (544,687)
Additional paid-in capital 1,986,198 1,978,849
Retained earnings 2,571,797 2,071,073
Accumulated other comprehensive loss (284,390) (176,483)
Total Pilgrim’s Pride Corporation stockholders’ equity 3,731,539 3,331,372
Noncontrolling interest 13,942 13,205
Total stockholders’ equity 3,745,481 3,344,577
Total liabilities and stockholders’ equity 10,078,457 9,810,361
Nonrelated Party    
Trade accounts and other receivables, less allowance for credit losses and Accounts receivable from related parties 1,045,860 1,129,178
Accounts payable and Accounts payable to related parties 1,337,691 1,410,576
Related Party    
Trade accounts and other receivables, less allowance for credit losses and Accounts receivable from related parties 2,055 1,778
Accounts payable and Accounts payable to related parties $ 23,331 $ 41,254