XML 31 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 29, 2013
Dec. 29, 2012
Assets    
Cash and cash equivalents $ 1,220 $ 1,194
Accounts receivable, less allowance for doubtful accounts of $44 million and $47 million at June 29, 2013 and December 29, 2012, respectively 1,377 1,349
Inventories 643 610
Deferred income taxes, net 216 220
Other current assets 245 178
Total current assets 3,701 3,551
Property, plant and equipment, at cost 2,732 2,629
Less accumulated depreciation (1,300) (1,204)
Net property, plant and equipment 1,432 1,425
Goodwill 3,139 2,961
Intangible assets, net 877 804
Other assets 511 530
TOTAL ASSETS 9,660 9,271
Liabilities and Shareholders' Equity    
Current debt obligations 518 530
Accounts payable 226 254
Dividends payable 71 68
Income taxes payable 0 142
Employee compensation and related benefits 296 299
Other current liabilities 457 482
Total current liabilities 1,568 1,775
Long-term debt 3,095 2,550
Deferred income taxes, net 349 323
Other liabilities 571 529
Total liabilities 5,583 5,177
Commitments and Contingencies (Note 6) 0 0
Shareholders' Equity    
Preferred stock ($1.00 par value; 25,000,000 shares authorized; none outstanding) 0 0
Common stock ($0.10 par value; 500,000,000 shares authorized; 284,535,826 and 295,648,327 shares issued and outstanding at June 29, 2013 and December 29, 2012, respectively) 28 30
Additional paid-in capital 108 0
Retained earnings 3,695 4,018
Accumulated other comprehensive income 6 46
Total shareholders' equity before noncontrolling interest 3,837 4,094
Noncontrolling interest 240 0
Total shareholders' equity 4,077 4,094
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 9,660 $ 9,271