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Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Mar. 30, 2024
Dec. 30, 2023
Assets    
Inventories $ 4,267 $ 3,914
Finance receivables, net 582 585
Total assets 16,414 16,856
Liabilities    
Total liabilities 9,483 9,869
Shareholders’ equity    
Common stock 25 24
Capital surplus 2,012 1,910
Treasury stock (484) (165)
Retained earnings 6,059 5,862
Accumulated other comprehensive loss (681) (644)
Total shareholders’ equity 6,931 6,987
Total liabilities and shareholders’ equity $ 16,414 $ 16,856
Common shares outstanding (in shares) 191,101 192,898
Manufacturing group    
Assets    
Cash and equivalents $ 1,388 $ 2,121
Accounts receivable, net 894 868
Inventories 4,267 3,914
Other current assets 755 857
Total current assets 7,304 7,760
Property, plant and equipment, less accumulated depreciation and amortization of $5,286 and $5,247, respectively 2,451 2,477
Goodwill 2,288 2,295
Other assets 3,692 3,663
Total assets 15,735 16,195
Liabilities    
Current portion of long-term debt 357 357
Accounts payable 1,136 1,023
Other current liabilities 2,902 2,998
Total current liabilities 4,395 4,378
Other liabilities 1,850 1,904
Long-term debt 2,818 3,169
Total liabilities 9,063 9,451
Finance group    
Assets    
Cash and equivalents 78 60
Finance receivables, net 582 585
Other assets 19 16
Total assets 679 661
Liabilities    
Other liabilities 78 70
Debt 342 348
Total liabilities $ 420 $ 418