Supplemental Financial Statement Data

12 Months Ended

Jan. 02, 2021

Disclosure Text Block Supplement [Abstract]

Supplemental Financial Statement Data [Text Block]

SUPPLEMENTAL FINANCIAL STATEMENT DATA

Consolidated Statement of Income (millions)	2020		2019		2018
Research and development expense	$	135	$	144	$	154
Advertising expense	$	781	$	676	$	752

Consolidated Balance Sheet (millions)	2020		2019
Trade receivables	$	1,272	$	1,315
Allowance for doubtful accounts	(19)		(10)
Refundable income taxes	66		56
Other receivables	218		215
Accounts receivable, net	$	1,537	$	1,576
Raw materials, spare parts, and supplies	$	338	$	303
Finished goods and materials in process	946		923
Inventories	$	1,284	$	1,226
Land	$	120	$	116
Buildings	2,135		2,021
Machinery and equipment	6,080		5,852
Capitalized software	543		496
Construction in progress	641		566
Accumulated depreciation	(5,806)		(5,439)
Property, net	$	3,713	$	3,612
Other intangibles	$	2,612	$	2,677
Accumulated amortization	(121)		(101)
Other intangibles, net	$	2,491	$	2,576
Pension	$	324	$	241
Deferred income taxes	254		231
Nonpension post retirement benefits	369		283
Other	515		384
Other assets	$	1,462	$	1,139
Accrued income taxes	$	58	$	42
Accrued salaries and wages	378		290
Other	709		577
Other current liabilities	$	1,145	$	909
Income taxes payable	$	56	$	81
Nonpension postretirement benefits	34		33
Other	435		429
Other liabilities	$	525	$	543

Allowance for doubtful accounts (millions)	2020		2019		2018
Balance at beginning of year	$	10	$	10	$	10
Additions charged to expense	13		9		4
Doubtful accounts charged to reserve	(4)		(9)		(4)
Balance at end of year	$	19	$	10	$	10