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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Jun. 27, 2020
Dec. 28, 2019
Current assets    
Cash and cash equivalents $ 1,047 $ 397
Marketable securities 200 0
Accounts receivable, net 1,692 1,576
Inventories 1,230 1,226
Other current assets 323 232
Total current assets 4,492 3,431
Property, net 3,436 3,612
Operating lease right-of-use assets 662 541
Goodwill 5,768 5,861
Other intangibles, net 2,486 2,576
Investments in unconsolidated entities 399 404
Other assets 1,308 1,139
Total assets 18,551 17,564
Current liabilities    
Current maturities of long-term debt 1,396 620
Notes payable 121 107
Accounts payable 2,393 2,387
Current operating lease liabilities 115 114
Accrued advertising and promotion 694 641
Other current liabilities 1,137 909
Total current liabilities 5,856 4,778
Long-term debt 6,929 7,195
Operating lease liabilities 532 433
Deferred Income Taxes 597 596
Pension liability 697 705
Other liabilities 534 543
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 929 921
Retained earnings 8,166 7,859
Treasury stock, at cost (4,613) (4,690)
Accumulated other comprehensive income (loss) (1,717) (1,448)
Total Kellogg Company equity 2,870 2,747
Noncontrolling interests 536 567
Total equity 3,406 3,314
Total liabilities and equity $ 18,551 $ 17,564