XML 54 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 29, 2014
Dec. 28, 2013
ASSETS    
Cash and cash equivalents $ 1,446 $ 1,373
Accounts receivable, less allowance for doubtful accounts of $47 million and $45 million at March 29, 2014 and December 28, 2013, respectively 1,359 1,422
Inventories 781 708
Deferred income taxes, net 232 229
Other current assets 161 178
Total current assets 3,979 3,910
Property, plant and equipment, at cost 2,829 2,799
Less accumulated depreciation (1,430) (1,389)
Net property, plant and equipment 1,399 1,410
Goodwill 3,534 3,524
Intangible assets, net 890 911
Deferred income taxes, net 102 116
Other assets 387 377
TOTAL ASSETS 10,291 10,248
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Current debt obligations 63 62
Accounts payable 192 247
Dividends payable 77 72
Income taxes payable 43 32
Employee compensation and related benefits 250 312
Other current liabilities 632 655
Total current liabilities 1,257 1,380
Long-term debt 3,847 3,518
Deferred income taxes, net 244 240
Other liabilities 715 706
Total liabilities 6,063 5,844
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; 284,075,614 and 289,117,352 shares issued and outstanding at March 29, 2014 and December 28, 2013, respectively) 29 29
Additional paid-in capital 58 220
Retained earnings 3,922 3,936
Accumulated other comprehensive income 56 46
Total shareholders' equity before noncontrolling interest 4,065 4,231
Noncontrolling interest 163 173
Total shareholders’ equity 4,228 4,404
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 10,291 $ 10,248