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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 29, 2024
Dec. 31, 2023
Cash and cash equivalents $ 2,040,834 $ 697,748
Restricted cash and cash equivalents 2,324 33,475
Inventories 1,783,488 1,985,399
Income taxes receivable 72,414 161,062
Prepaid expenses and other current assets 200,879 195,831
Assets held for sale 3,062 0
Total current assets 5,120,163 4,204,471
Deferred tax assets 29,483 4,890
Other long-lived assets 62,019 35,646
Operating lease assets, net 255,713 266,707
Intangible assets, net 806,234 853,983
Goodwill 1,239,073 1,286,261
Property, plant and equipment, net 3,137,891 3,158,403
Total assets 10,650,576 9,810,361
Revenue contract liabilities 48,898 84,958
Accrued expenses and other current liabilities 1,015,504 926,727
Income taxes payable 60,097 31,678
Current maturities of long-term debt 858 674
Total current liabilities 2,552,133 2,495,867
Noncurrent operating lease liabilities, less current maturities 195,944 203,348
Long-term debt, less current maturities 3,206,113 3,340,841
Deferred tax liabilities 422,952 385,548
Other long-term liabilities 20,038 40,180
Total liabilities 6,397,180 6,465,784
Common stock, $.01 par value, 800,000,000 shares authorized; 262,263,358 and 261,931,080 shares issued at year-end 2024 and year-end 2023, respectively; 237,122,205 and 236,789,927 shares outstanding at year-end 2024 and year-end 2023, respectively 2,623 2,620
Treasury stock, at cost, 25,141,153 shares at year-end 2024 and year-end 2023 (544,687) (544,687)
Additional paid-in capital 1,994,259 1,978,849
Retained earnings 3,157,511 2,071,073
Accumulated other comprehensive loss (370,300) (176,483)
Total Pilgrim’s Pride Corporation stockholders’ equity 4,239,406 3,331,372
Noncontrolling interest 13,990 13,205
Total stockholders’ equity 4,253,396 3,344,577
Total liabilities and stockholders’ equity 10,650,576 9,810,361
Debt Securities, Available-for-Sale, Current 10,220 0
Nonrelated Party    
Trade accounts, receivable from related party and other receivables, net 1,004,334 1,129,178
Accounts payable 1,411,519 1,410,576
Related Party    
Trade accounts, receivable from related party and other receivables, net 2,608 1,778
Accounts payable $ 15,257 $ 41,254