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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 02, 2021
Jan. 04, 2020
Assets    
Inventories $ 3,513 $ 4,069
Property, plant and equipment, net 2,516 2,527
Total finance receivables, net 744 682
Assets 15,443 15,018
Liabilities    
Total liabilities 9,598 9,500
Shareholders' equity    
Common stock (231.0 million and 228.4 million shares issued, respectively, and 226.4 million and 228.0 million shares outstanding, respectively) 29 29
Capital surplus 1,785 1,674
Treasury stock (203) (20)
Retained earnings 5,973 5,682
Accumulated other comprehensive loss (1,739) (1,847)
Total shareholders’ equity 5,845 5,518
Total liabilities and shareholders’ equity 15,443 15,018
Manufacturing group    
Assets    
Cash and equivalents 2,146 1,181
Accounts receivable, net 787 921
Inventories 3,513 4,069
Other current assets 950 894
Total current assets 7,396 7,065
Property, plant and equipment, net 2,516 2,527
Goodwill 2,157 2,150
Other assets 2,436 2,312
Assets 14,505 14,054
Liabilities    
Current portion of long-term debt 509 561
Accounts payable 776 1,378
Other current liabilities 1,985 1,907
Total current liabilities 3,270 3,846
Other liabilities 2,357 2,288
Long-term debt 3,707 3,124
Long-term debt 3,198 2,563
Total liabilities 8,825 8,697
Finance group    
Assets    
Cash and equivalents 108 176
Total finance receivables, net 744 682
Other assets 86 106
Assets 938 964
Liabilities    
Other liabilities 111 117
Long-term debt 662 686
Total liabilities $ 773 $ 803