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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 29, 2023
Dec. 30, 2022
Current assets    
Cash and cash equivalents $ 560 $ 880
Receivables, net 1,230 1,251
Contract assets 3,196 2,987
Inventories 1,472 1,291
Other current assets 491 298
Assets of business held for sale 1,106 47
Total current assets 8,055 6,754
Non-current assets    
Property, plant and equipment, net 2,862 2,104
Goodwill 19,979 17,283
Other intangible assets, net 8,540 6,001
Deferred income taxes 91 73
Other non-current assets 2,160 1,309
Total assets 41,687 33,524
Current liabilities    
Short-term debt 1,602 2
Current portion of long-term debt, net 363 818
Accounts payable 2,106 1,945
Contract liabilities 1,900 1,400
Compensation and benefits 544 398
Other accrued items 1,129 818
Income taxes payable 88 376
Liabilities of business held for sale 272 19
Total current liabilities 8,004 5,776
Non-current liabilities    
Long-term debt, net 11,160 6,225
Deferred income taxes 815 719
Other long-term liabilities 2,879 2,180
Total liabilities 22,858 14,900
Shareholders’ Equity:    
Preferred stock, without par value; 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,808,581 and 190,611,458 shares at December 29, 2023 and December 30, 2022, respectively 190 191
Paid-in capital 15,553 15,677
Retained earnings 3,220 2,943
Accumulated other comprehensive loss (198) (288)
Total shareholders’ equity 18,765 18,523
Noncontrolling interests 64 101
Total equity 18,829 18,624
Total liabilities and equity $ 41,687 $ 33,524