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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2020
Dec. 29, 2019
Current assets:    
Cash and cash equivalents $ 1,991 $ 2,042
Short-term investments 1,341 1,372
Accounts receivable, net 472 573
Inventory 384 359
Prepaid expenses and other current assets 136 105
Total current assets 4,324 4,451
Property and equipment, net 890 889
Operating lease right-of-use assets 559 555
Goodwill 824 824
Intangible assets, net 138 145
Deferred tax assets, net 91 64
Other assets 435 388
Total assets 7,261 7,316
Current liabilities:    
Accounts payable 130 149
Accrued liabilities 425 516
Long-term debt, current portion 499 0
Total current liabilities 1,054 665
Operating lease liabilities 696 695
Long-term debt 652 1,141
Other long-term liabilities 224 202
Stockholders’ equity:    
Common stock 2 2
Additional paid-in capital 3,631 3,560
Accumulated other comprehensive income 6 5
Retained earnings 4,240 4,067
Treasury stock, at cost (3,244) (3,021)
Total stockholders’ equity 4,635 4,613
Total liabilities and stockholders’ equity $ 7,261 $ 7,316