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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 225.7 $ 232.0
Trade accounts receivable, less allowances of $22.1 and $21.1 at March 30, 2019 and December 29, 2018, respectively 1,198.7 1,189.7
Inventories, net 688.3 651.4
Other current assets 211.0 224.9
Total current assets 2,323.7 2,298.0
Property, plant and equipment, net 1,144.9 1,137.4
Goodwill 937.2 941.8
Other intangibles resulting from business acquisitions, net 140.6 144.0
Non-current deferred income taxes 191.5 205.3
Other assets 615.8 451.0
Total assets 5,353.7 5,177.5
Current liabilities:    
Short-term borrowings and current portion of long-term debt and finance leases 350.3 194.6
Accounts payable 1,033.7 1,030.5
Accrued payroll and employee benefits 159.1 217.9
Other current liabilities 497.4 551.0
Total current liabilities 2,040.5 1,994.0
Long-term debt and finance leases 1,759.9 1,771.6
Long-term retirement benefits and other liabilities 441.0 334.7
Non-current deferred and payable income taxes 120.4 122.1
Commitments and contingencies (see Note 13)
Shareholders' equity:    
Common stock, $1 par value per share, authorized - 400,000,000 shares at March 30, 2019 and December 29, 2018; issued - 124,126,624 shares at March 30, 2019 and December 29, 2018; outstanding - 84,399,377 shares and 84,723,655 shares at March 30, 2019 and December 29, 2018, respectively 124.1 124.1
Capital in excess of par value 851.5 872.0
Retained earnings 2,663.5 2,864.9
Treasury stock at cost, 39,727,247 shares and 39,402,969 shares at March 30, 2019 and December 29, 2018, respectively (2,287.8) (2,223.9)
Accumulated other comprehensive loss (359.4) (682.0)
Total shareholders' equity 991.9 955.1
Total liabilities and shareholders' equity $ 5,353.7 $ 5,177.5