XML 62 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 04, 2015
Jan. 03, 2015
ASSETS    
Cash and cash equivalents $ 910 $ 1,442
Accounts receivable, less allowance for doubtful accounts of $56 million and $53 million at July 4, 2015 and January 3, 2015, respectively 1,240 1,215
Finished goods 559 543
Work in process 80 77
Raw materials 178 164
Inventories 817 784
Other current assets 459 473
Total current assets 3,426 3,914
Property, plant and equipment, at cost 2,748 2,775
Less: Accumulated depreciation (1,450) (1,432)
Net property, plant and equipment 1,298 1,343
Goodwill 3,520 3,532
Intangible assets, net 801 851
Other assets 589 567
TOTAL ASSETS 9,634 10,207
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Current debt obligations 1,979 1,593
Accounts payable 179 151
Income taxes payable 0 60
Other current liabilities 856 862
Total current liabilities 3,014 2,666
Long-term debt 1,762 2,273
Other liabilities 1,017 1,024
Total liabilities 5,793 5,963
Commitments and Contingencies (Note 3) 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; 281,495,754 and 286,659,901 shares issued and outstanding at July 4, 2015 and January 3, 2015, respectively) 28 29
Additional paid-in capital 27 118
Retained earnings 4,047 4,225
Accumulated other comprehensive income (loss) (261) (173)
Total shareholders' equity before noncontrolling interest 3,841 4,199
Noncontrolling interest 0 45
Total shareholders’ equity 3,841 4,244
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 9,634 $ 10,207