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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2025
Dec. 29, 2024
Cash and cash equivalents $ 2,066,782 $ 2,040,834
Restricted cash and restricted cash equivalents 10,685 2,324
Investment in available-for-sale securities 0 10,220
Inventories 1,856,305 1,783,488
Income taxes receivable 55,597 72,414
Assets held for sale 3,151 3,062
Prepaid expenses and other current assets 257,915 200,879
Total current assets 5,367,038 5,120,163
Deferred tax assets 28,519 29,483
Other long-lived assets 66,745 62,019
Operating lease assets, net 248,178 255,713
Intangible assets, net 820,275 806,234
Goodwill 1,271,690 1,239,073
Property, plant and equipment, net 3,161,314 3,137,891
Total assets 10,963,759 10,650,576
Revenue contract liabilities 42,412 48,898
Dividends payable 1,495,382 0
Accrued expenses and other current liabilities 919,606 1,015,504
Income taxes payable 93,328 60,097
Current maturities of long-term debt 862 858
Total current liabilities 3,989,749 2,552,133
Noncurrent operating lease liabilities, less current maturities 189,258 195,944
Long-term debt, less current maturities 3,199,746 3,206,113
Deferred tax liabilities 418,704 422,952
Other long-term liabilities 18,855 20,038
Total liabilities 7,816,312 6,397,180
Common stock 2,625 2,623
Treasury stock (544,687) (544,687)
Additional paid-in capital 2,001,280 1,994,259
Retained earnings 1,958,162 3,157,511
Accumulated other comprehensive loss (284,233) (370,300)
Total Pilgrim’s Pride Corporation stockholders’ equity 3,133,147 4,239,406
Noncontrolling interest 14,300 13,990
Total stockholders’ equity 3,147,447 4,253,396
Total liabilities and stockholders’ equity 10,963,759 10,650,576
Nonrelated Party    
Trade accounts and other receivables, less allowance for credit losses 1,105,991 1,004,334
Accounts payable and Accounts payable to related parties 1,410,879 1,411,519
Related Party    
Trade accounts and other receivables, less allowance for credit losses 10,612 2,608
Accounts payable and Accounts payable to related parties $ 27,280 $ 15,257