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Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Oct. 02, 2021
Jan. 02, 2021
Assets    
Inventories $ 3,670 $ 3,513
Finance receivables, net 596 744
Total assets 15,269 15,443
Liabilities    
Total liabilities 9,232 9,598
Shareholders’ equity    
Common stock 29 29
Capital surplus 1,969 1,785
Treasury stock (789) (203)
Retained earnings 6,498 5,973
Accumulated other comprehensive loss (1,670) (1,739)
Total shareholders’ equity 6,037 5,845
Total liabilities and shareholders’ equity $ 15,269 $ 15,443
Common shares outstanding (in shares) 221,031 226,444
Manufacturing group    
Assets    
Cash and equivalents $ 1,969 $ 2,146
Accounts receivable, net 773 787
Inventories 3,670 3,513
Other current assets 890 950
Total current assets 7,302 7,396
Property, plant and equipment, less accumulated depreciation and amortization of $4,855 and $4,696, respectively 2,469 2,516
Goodwill 2,152 2,157
Other assets 2,468 2,436
Total assets 14,391 14,505
Liabilities    
Current portion of long-term debt 7 509
Accounts payable 775 776
Other current liabilities 2,270 1,985
Total current liabilities 3,052 3,270
Other liabilities 2,292 2,357
Long-term debt 3,180 3,198
Total liabilities 8,524 8,825
Finance group    
Assets    
Cash and equivalents 213 108
Finance receivables, net 596 744
Other assets 69 86
Total assets 878 938
Liabilities    
Other liabilities 123 111
Debt 585 662
Total liabilities $ 708 $ 773