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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net income $ 1,083,344 $ 1,087,223 $ 322,317
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 456,157 433,622 419,900
Asset impairment 493 28,575 4,010
Stock-based compensation 29,354 14,873 7,226
Loss (gain) on early extinguishment of debt recognized as a component of interest expense 573 (11,211) 20,694
Loan cost amortization 4,939 5,033 7,366
Deferred income tax expense 10,039 4,830 6,675
Accretion of bond discount 2,380 2,506 2,278
Loss (gain) on property disposals 3,882 1,779 (6,052)
Loss (gain) on equity method investments 0 (7) 328
Changes in operating assets and liabilities      
Trade accounts and other receivables (113,133) 88,340 (19,007)
Inventories (193,520) 134,521 12,602
Prepaid expenses and other current assets (44,467) (33,303) 17,776
Accounts payable, accrued expenses and other current liabilities 155,828 126,672 (68,677)
Income taxes 35,399 109,369 (8,878)
Long-term pension and other postretirement obligations (1,881) 26,052 (9,993)
Other operating assets and liabilities (57,737) (28,747) (30,688)
Cash provided by operating activities 1,371,650 1,990,127 677,877
Cash flows from investing activities      
Acquisitions of property, plant and equipment (711,066) (476,153) (543,816)
Proceeds from property disposals 5,556 15,356 19,784
Proceeds from property insurance recoveries 0 0 20,681
Cash used in investing activities (705,510) (460,797) (503,351)
Cash flows from financing activities      
Payments on revolving line of credit, long-term borrowings and finance lease obligations (115,234) (152,120) (1,616,321)
Proceeds from revolving line of credit and long-term borrowings 0 0 1,768,236
Proceeds from contribution (payment of distribution) of capital under Tax Sharing Agreement between JBS USA Holdings and Pilgrim’s Pride Corporation 0 1,425 (1,592)
Payment on early extinguishment of debt (2,120) (200) (13,780)
Purchase of noncontrolling interest (1,294) 0 0
Payment of capitalized loan costs 0 (16) (19,816)
Payment of cash dividends (1,994,347) 0 0
Cash provided by (used in) financing activities (2,112,995) (150,911) 116,727
Effect of exchange rate changes on cash and cash equivalents 43,932 (66,484) 5,211
Increase (decrease) in cash and cash equivalents (1,402,923) 1,311,935 296,464
Cash and cash equivalents, restricted cash and restricted cash equivalents, beginning of year 2,043,158 731,223 434,759
Cash and cash equivalents, restricted cash and restricted cash equivalents, end of year 640,235 2,043,158 731,223
Supplemental Disclosure Information      
Interest paid (net of amount capitalized) 155,462 182,040 131,205
Income taxes paid $ 361,892 $ 197,557 $ 19,749