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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Jul. 02, 2011
Jan. 01, 2011
Current assets      
Cash and cash equivalents $ 336,531 $ 639,765 $ 209,755
Accounts and notes receivable, less allowances of $71,180, 42,436 and $67,237 2,882,730 2,898,283 2,623,300
Inventories 2,213,153 2,073,766 1,963,397
Deferred income taxes 142,068 0 0
Prepaid expenses and other current assets 73,568 72,496 70,430
Prepaid income taxes 0 48,572 0
Total current assets 5,648,050 5,732,882 4,866,882
Plant and equipment at cost, less depreciation 3,736,137 3,512,389 3,370,553
Other assets      
Goodwill 1,630,879 1,633,289 1,577,108
Intangibles, less amortization 102,594 109,938 104,511
Restricted cash 132,031 110,516 134,579
Other assets 204,336 286,541 274,650
Total other assets 2,069,840 2,140,284 2,090,848
Total assets 11,454,027 11,385,555 10,328,283
Current liabilities      
Notes payable 2,500 181,975 0
Accounts payable 2,074,396 2,183,417 1,804,690
Accrued expenses 857,538 856,569 761,954
Accrued income taxes 123,420 0 47,738
Deferred income taxes 0 146,083 99,285
Current maturities of long-term debt 205,916 207,031 7,867
Total current liabilities 3,263,770 3,575,075 2,721,534
Other liabilities      
Long-term debt 2,649,346 2,279,517 2,653,529
Deferred income taxes 218,314 204,223 185,239
Other long-term liabilities 634,982 621,498 773,490
Total other liabilities 3,502,642 3,105,238 3,612,258
Commitments and contingencies         
Shareholders' equity      
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none 0 0 0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares 765,175 765,175 765,175
Paid-in capital 907,991 887,754 848,612
Retained earnings 7,923,413 7,681,669 7,392,996
Accumulated other comprehensive loss (323,565) (259,958) (387,421)
Treasury stock at cost, 181,352,211, 173,597,346 and 183,761,810 shares (4,585,399) (4,369,398) (4,624,871)
Total shareholders' equity 4,687,615 4,705,242 3,994,491
Total liabilities and shareholders' equity $ 11,454,027 $ 11,385,555 $ 10,328,283