Schedule of Supplemental Balance Sheet Information |
Supplemental balance sheet information related to leases were as follows: | | | | | | | | | | | | | | | | | | | | | Leases | | Classification | | June 29, 2025 | | December 31, 2024 | Assets | | | | | | | Operating lease ROU assets | | Other non-current assets | | $ | 347,694 | | | $ | 337,739 | | | | | | | | | Finance lease ROU assets, at cost | | Property, plant and equipment, gross | | 85,229 | | | 87,999 | | Accumulated amortization | | Accumulated depreciation | | (27,720) | | | (25,515) | | Finance lease ROU assets, net | | Property, plant and equipment, net | | 57,509 | | | 62,484 | | | | | | | | | Total leased assets | | | | $ | 405,203 | | | $ | 400,223 | | | | | | | | | Liabilities | | | | | | | Current | | | | | | | Operating | | Accrued liabilities | | $ | 46,540 | | | $ | 40,636 | | Finance | | Current portion of long-term debt | | 4,268 | | | 5,666 | | Non-current | | | | | | | Operating | | Other long-term liabilities | | 309,888 | | | 304,767 | | Finance | | Long-term debt | | 66,749 | | | 68,136 | | Total lease liabilities | | | | $ | 427,445 | | | $ | 419,205 | |
The components of certain asset accounts included within our Consolidated Balance Sheets are as follows: | | | | | | | | | | | | | | | | | | June 29, 2025 | | December 31, 2024 | | Inventories: | | | | | | Raw materials | | $ | 905,447 | | | $ | 477,592 | | | Goods in process | | 331,479 | | | 204,674 | | | Finished goods | | 1,289,677 | | | 990,785 | | | Inventories at First In First Out | | 2,526,603 | | | 1,673,051 | | | Adjustment to Last In First Out | | (684,308) | | | (418,957) | | | Total inventories | | $ | 1,842,295 | | | $ | 1,254,094 | | | | | | | | | Prepaid expenses and other: | | | | | | Prepaid expenses | | $ | 136,709 | | | $ | 269,792 | | | | | | | | | Other current assets | | 713,984 | | | 704,423 | | | Total prepaid expenses and other | | $ | 850,693 | | | $ | 974,215 | | | | | | | | | Property, plant and equipment: | | | | | | Land | | $ | 196,055 | | | $ | 194,502 | | | Buildings | | 2,051,578 | | | 1,991,937 | | | Machinery and equipment | | 4,334,216 | | | 4,147,530 | | | Construction in progress | | 350,840 | | | 478,842 | | | Property, plant and equipment, gross | | 6,932,689 | | | 6,812,811 | | | Accumulated depreciation | | (3,490,495) | | | (3,353,958) | | | Property, plant and equipment, net | | $ | 3,442,194 | | | $ | 3,458,853 | | | | | | | | | Other non-current assets: | | | | | | Pension | | $ | 39,679 | | | $ | 41,298 | | | Capitalized software, net | | 355,164 | | 367,087 | | | | | | | | | Operating lease ROU assets | | 347,694 | | | 337,739 | | | Investments in unconsolidated affiliates | | 204,143 | | | 212,928 | | | Other non-current assets | | 164,653 | | | 152,815 | | | Total other non-current assets | | $ | 1,111,333 | | | $ | 1,111,867 | | | | | | | | |
| | | | | | | | | | | | | | | | The components of certain liability and stockholders’ equity accounts included within our Consolidated Balance Sheets are as follows: | | | | June 29, 2025 | | December 31, 2024 | | Accounts payable: | | | | | | Accounts payable—trade | | $ | 736,759 | | | $ | 807,918 | | | Supplier finance program obligations | | 461,743 | | | 215,122 | | | Other | | 252,047 | | | 136,137 | | | Total accounts payable | | $ | 1,450,549 | | | $ | 1,159,177 | | | | | | | | | Accrued liabilities: | | | | | | Payroll, compensation and benefits | | $ | 208,076 | | | $ | 226,774 | | | Advertising, promotion and product allowances | | 392,451 | | | 359,986 | | | Operating lease liabilities | | 46,540 | | | 40,636 | | | | | | | | | Other | | 228,907 | | | 179,945 | | | Total accrued liabilities | | $ | 875,974 | | | $ | 807,341 | | | | | | | | | Other long-term liabilities: | | | | | | Post-retirement benefits liabilities | | $ | 84,227 | | | $ | 87,006 | | | Pension benefits liabilities | | 30,460 | | | 33,837 | | | Operating lease liabilities | | 309,888 | | | 304,767 | | | Other | | 227,580 | | | 262,649 | | | Total other long-term liabilities | | $ | 652,155 | | | $ | 688,259 | | | | | | | | | Accumulated other comprehensive loss: | | | | | | Foreign currency translation adjustments | | $ | (146,197) | | | $ | (177,741) | | | Pension and post-retirement benefit plans, net of tax | | (117,914) | | | (122,098) | | | Cash flow hedges, net of tax | | (6,313) | | | (4,051) | | | Total accumulated other comprehensive loss | | $ | (270,424) | | | $ | (303,890) | | |
|