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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2024
Dec. 30, 2023
Current Assets    
Cash and cash equivalents $ 476.6 $ 449.4
Accounts and notes receivable, net 1,708.9 1,302.0
Inventories, net 4,693.3 4,738.6
Current assets held for sale 136.3 140.8
Prepaid expenses 385.2 360.5
Other current assets 20.5 26.0
Total Current Assets 7,420.8 7,017.3
Property, plant and equipment, net 2,115.9 2,169.9
Goodwill 7,954.7 7,995.9
Intangibles, net 3,903.1 3,949.6
Long-term assets held for sale 691.2 716.8
Other assets 1,768.2 1,814.3
Total Assets 23,853.9 23,663.8
Current Liabilities    
Short-term borrowings 1,740.4 1,074.8
Current maturities of long-term debt 500.0 1.1
Accounts payable 2,337.5 2,298.9
Accrued expenses 2,206.5 2,464.3
Current liabilities held for sale 45.0 44.1
Total Current Liabilities 6,829.4 5,883.2
Long-term debt 5,602.1 6,101.0
Deferred taxes 293.5 333.2
Post-retirement benefits 368.1 378.4
Long-term liabilities held for sale 83.4 84.8
Other liabilities 1,801.0 1,827.1
Commitments and Contingencies (Notes O and P)
Shareowners’ Equity    
Common stock, par value $2.50 per share: Authorized 300,000,000 shares in 2024 and 2023 Issued 176,902,738 shares in 2024 and 2023 442.3 442.3
Retained earnings 8,437.9 8,540.2
Additional paid in capital 5,065.3 5,059.0
Accumulated other comprehensive loss (2,185.3) (2,069.1)
Stockholders' equity subtotal 11,760.2 11,972.4
Less: cost of common stock in treasury (23,050,447 shares in 2024 and 23,282,650 shares in 2023) (2,883.8) (2,916.3)
Total Shareowners’ Equity 8,876.4 9,056.1
Total Liabilities and Shareowners’ Equity $ 23,853.9 $ 23,663.8