XML 34 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2019
Dec. 29, 2018
ASSETS    
Cash and cash equivalents $ 2,279 $ 1,130
Trade receivables (net of allowances of $33 at December 28, 2019 and $24 at December 29, 2018) 1,973 2,129
Income taxes receivable 173 152
Inventories 2,721 2,667
Prepaid expenses 384 400
Other current assets 445 1,221
Assets held for sale 122 1,376
Total current assets 8,097 9,075
Property, plant and equipment, net 7,055 7,078
Goodwill 35,546 36,503
Intangible assets, net 48,652 49,468
Other non-current assets 2,100 1,337
TOTAL ASSETS 101,450 103,461
LIABILITIES AND EQUITY    
Commercial paper and other short-term debt 6 21
Current portion of long-term debt 1,022 377
Trade payables 4,003 4,153
Accrued marketing 647 722
Interest payable 384 408
Other current liabilities 1,804 1,767
Liabilities held for sale 9 55
Total current liabilities 7,875 7,503
Long-term debt 28,216 30,770
Deferred income taxes 11,878 12,202
Accrued postemployment costs 273 306
Other non-current liabilities 1,459 902
TOTAL LIABILITIES 49,701 51,683
Commitments and Contingencies (Note 17)
Redeemable noncontrolling interest 0 3
Equity:    
Common stock, $0.01 par value (5,000 shares authorized; 1,224 shares issued and 1,221 shares outstanding at December 28, 2019; 1,224 shares issued and 1,220 shares outstanding at December 29, 2018) 12 12
Additional paid-in capital 56,828 58,723
Retained earnings/(deficit) (3,060) (4,853)
Accumulated other comprehensive income/(losses) (1,886) (1,943)
Treasury stock, at cost (3 shares at December 28, 2019 and 4 shares at December 29, 2018) (271) (282)
Total shareholders' equity 51,623 51,657
Noncontrolling interest 126 118
TOTAL EQUITY 51,749 51,775
TOTAL LIABILITIES AND EQUITY $ 101,450 $ 103,461