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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Apr. 03, 2021
Jan. 02, 2021
Current assets    
Cash and cash equivalents $ 391 $ 435
Accounts receivable, net 1,660 1,537
Inventories 1,319 1,284
Other current assets 269 226
Total current assets 3,639 3,482
Property, net 3,636 3,713
Operating lease right-of-use assets 641 658
Goodwill 5,768 5,799
Other intangibles, net 2,449 2,491
Investments in unconsolidated entities 397 391
Other assets 1,534 1,462
Total assets 18,064 17,996
Current liabilities    
Current maturities of long-term debt 605 627
Notes payable 428 102
Accounts payable 2,476 2,471
Current operating lease liabilities 120 117
Accrued advertising and promotion 775 776
Other current liabilities 981 1,145
Total current liabilities 5,385 5,238
Long-term debt 6,655 6,746
Operating lease liabilities 502 520
Deferred income taxes 634 562
Pension liability 726 769
Other liabilities 507 525
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 954 972
Retained earnings 8,506 8,326
Treasury stock, at cost (4,762) (4,559)
Accumulated other comprehensive income (loss) (1,665) (1,732)
Total Kellogg Company equity 3,138 3,112
Noncontrolling interests 517 524
Total equity 3,655 3,636
Total liabilities and equity $ 18,064 $ 17,996