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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 03, 2015
Jan. 03, 2015
ASSETS    
Cash and cash equivalents $ 2,535 $ 1,442
Accounts receivable, less allowance for doubtful accounts of $47 million and $53 million at October 3, 2015 and January 3, 2015, respectively 1,180 1,215
Finished goods 563 543
Work in process 85 77
Raw materials 193 164
Inventories 841 784
Other current assets 435 473
Total current assets 4,991 3,914
Property, plant and equipment, at cost 2,750 2,775
Less: Accumulated depreciation (1,482) (1,432)
Net property, plant and equipment 1,268 1,343
Goodwill 3,515 3,532
Intangible assets, net 782 851
Other assets 569 567
TOTAL ASSETS 11,125 10,207
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Current debt obligations 1,796 1,593
Accounts payable 188 151
Income taxes payable 12 60
Other current liabilities 862 862
Total current liabilities 2,858 2,666
Long-term debt 3,264 2,273
Other liabilities 1,006 1,024
Total liabilities 7,128 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; 282,449,053 and 286,659,901 shares issued and outstanding at October 3, 2015 and January 3, 2015, respectively) 28 29
Additional paid-in capital 94 118
Retained earnings 4,180 4,225
Accumulated other comprehensive income (loss) (305) (173)
Total shareholders' equity before noncontrolling interest 3,997 4,199
Noncontrolling interest 0 45
Total shareholders’ equity 3,997 4,244
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 11,125 $ 10,207