CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions |
Sep. 29, 2017 |
Dec. 30, 2016 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 76.9
|
$ 115.1
|
| Accounts receivable, net |
1,482.5
|
1,353.2
|
| Inventories |
1,231.9
|
1,178.3
|
| Other current assets |
46.2
|
41.9
|
| Total current assets |
2,837.5
|
2,688.5
|
| Property and equipment, at cost |
370.2
|
343.4
|
| Accumulated depreciation |
(219.3)
|
(203.1)
|
| Property and equipment, net |
150.9
|
140.3
|
| Goodwill |
779.3
|
764.6
|
| Intangible assets, net |
394.4
|
415.4
|
| Other assets |
90.4
|
84.8
|
| Total assets |
4,252.5
|
4,093.6
|
| Current liabilities: |
|
|
| Accounts payable |
1,107.3
|
1,006.0
|
| Accrued expenses |
264.4
|
257.9
|
| Total current liabilities |
1,371.7
|
1,263.9
|
| Long-term debt |
1,270.1
|
1,378.8
|
| Other liabilities |
154.4
|
158.7
|
| Total liabilities |
2,796.2
|
2,801.4
|
| Stockholders’ equity: |
|
|
| Common stock - $1.00 par value, 100,000,000 shares authorized, 33,620,740 and 33,437,882 shares issued and outstanding at September 29, 2017 and December 30, 2016, respectively |
33.6
|
33.4
|
| Capital surplus |
273.5
|
261.8
|
| Retained earnings |
1,356.6
|
1,247.9
|
| Accumulated other comprehensive loss: |
|
|
| Foreign currency translation |
(113.4)
|
(153.9)
|
| Unrecognized pension liability, net |
(94.0)
|
(97.0)
|
| Total accumulated other comprehensive loss |
(207.4)
|
(250.9)
|
| Total stockholders’ equity |
1,456.3
|
1,292.2
|
| Total liabilities and stockholders’ equity |
$ 4,252.5
|
$ 4,093.6
|