Depreciation and Finance Lease, Right-of-Use Asset, Amortization

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- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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-Publisher FASB
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- Definition

Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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- Definition

Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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- Definition

Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References

No definition available.

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Property, Plant and Equipment, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2022	Jan. 02, 2021	Jan. 04, 2020
Manufacturing group's property, plant and equipment, net
Total	$ 2,538	$ 2,516
Manufacturing group
Manufacturing group's property, plant and equipment, net
Property, plant and equipment, gross	7,426	7,212
Accumulated depreciation and amortization	(4,888)	(4,696)
Total	2,538	2,516
Property plant and equipment net
Depreciation expense	325	325	$ 346
Manufacturing group \| Land, buildings and improvements
Manufacturing group's property, plant and equipment, net
Property, plant and equipment, gross	$ 2,097	2,031
Manufacturing group \| Land, buildings and improvements \| Minimum
Manufacturing group's property, plant and equipment, net
Useful Lives (in years)	2 years
Manufacturing group \| Land, buildings and improvements \| Maximum
Manufacturing group's property, plant and equipment, net
Useful Lives (in years)	40 years
Manufacturing group \| Machinery and equipment
Manufacturing group's property, plant and equipment, net
Property, plant and equipment, gross	$ 5,329	$ 5,181
Manufacturing group \| Machinery and equipment \| Minimum
Manufacturing group's property, plant and equipment, net
Useful Lives (in years)	1 year
Manufacturing group \| Machinery and equipment \| Maximum
Manufacturing group's property, plant and equipment, net
Useful Lives (in years)	20 years