Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 02, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 146,730	$ 68,906
Restricted cash	110	166
Accounts receivable, less allowance for bad debts of $9,096 at July 2, 2022 and $8,196 at January 1, 2022	574,727	469,092
Inventories	578,402	457,465
Prepaid expenses	77,065	53,711
Income taxes refundable	27,330	1,075
Other current assets	57,462	38,599
Total current assets	1,461,826	1,089,014
Property, plant and equipment, less accumulated depreciation of $1,918,544 at July 2, 2022 and $1,855,420 at January 1, 2022	2,237,199	1,840,080
Intangible assets, less accumulated amortization of $576,793 at July 2, 2022 and $560,470 at January 1, 2022	760,079	397,801
Goodwill	1,555,814	1,219,116
Investment in unconsolidated subsidiaries	1,736,242	1,349,247
Operating lease right-of-use assets	177,328	155,464
Other assets	81,886	66,795
Deferred income taxes	16,312	16,211
Total assets	8,026,686	6,133,728
Current liabilities:
Current portion of long-term debt	32,695	24,407
Accounts payable, principally trade	414,584	307,118
Income taxes payable	28,452	32,310
Current operating lease liabilities	45,498	38,168
Accrued expenses	398,598	350,681
Total current liabilities	919,827	752,684
Long-term debt, net of current portion	2,881,134	1,438,974
Long-term operating lease liabilities	133,663	120,314
Other non-current liabilities	128,399	111,029
Deferred income taxes	397,140	362,942
Total liabilities	4,460,163	2,785,943
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.01 par value; 250,000,000 shares authorized; 173,493,055 and 171,734,603 shares issued at July 2, 2022 and January 1, 2022, respectively	1,735	1,717
Additional paid-in capital	1,646,468	1,627,816
Treasury stock, at cost; 12,632,144 and 10,942,599 shares at        July 2, 2022 and January 1, 2022, respectively	(491,717)	(374,721)
Accumulated other comprehensive loss	(400,907)	(321,690)
Retained earnings	2,737,887	2,347,838
Total Darling's stockholders’ equity	3,493,466	3,280,960
Noncontrolling interests	73,057	66,825
Total stockholders' equity	3,566,523	3,347,785
Total liabilities and stockholders' equity	$ 8,026,686	$ 6,133,728