CURRENT LIABILITIES

3 Months Ended

Mar. 30, 2014

CURRENT LIABILITIES [Abstract]

CURRENT LIABILITIES

8. CURRENT LIABILITIES

Current liabilities, other than income taxes and current maturities of long-term debt, consisted of the following components:

	March 30, 2014		December 29, 2013
	(In thousands)
Accounts payable:
Trade accounts	$	333,833	$	313,266
Book overdrafts		46,100		55,378
Other payables		1,812		1,716
Total accounts payable		381,745		370,360
Accounts payable to JBS USA, LLC		6,144		3,934
Accrued expenses and other current liabilities:
Compensation and benefits		88,104		100,965
Interest and debt-related fees		17,285		7,558
Insurance and self-insured claims		94,366		99,244
Derivative liabilities:
Futures		6,638		1,729
Options		-		-
Other accrued expenses		69,337		73,859
Total accrued expenses and other current liabilities		275,730		283,355
	$	663,619	$	657,649