Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jul. 02, 2022	Jan. 01, 2022
Current assets
Cash and cash equivalents	$ 323	$ 286
Accounts receivable, net	1,884	1,489
Inventories	1,678	1,398
Other current assets	376	221
Total current assets	4,261	3,394
Property, net	3,656	3,827
Operating lease right-of-use assets	643	640
Goodwill	5,744	5,771
Other intangibles, net	2,360	2,409
Investments in unconsolidated entities	426	424
Other assets	1,847	1,713
Total assets	18,937	18,178
Current liabilities
Current maturities of long-term debt	854	712
Notes payable	320	137
Accounts payable	2,866	2,573
Current operating lease liabilities	122	116
Accrued advertising and promotion	776	714
Accrued salaries and wages	236	300
Other current liabilities	877	763
Total current liabilities	6,051	5,315
Long-term debt	5,838	6,262
Operating lease liabilities	502	502
Deferred income taxes	866	722
Pension liability	624	706
Other liabilities	498	456
Commitments and contingencies
Equity
Common stock, $.25 par value	105	105
Capital in excess of par value	1,008	1,023
Retained earnings	9,387	9,028
Treasury stock, at cost	(4,817)	(4,715)
Accumulated other comprehensive income (loss)	(1,601)	(1,721)
Total Kellogg Company equity	4,082	3,720
Noncontrolling interests	476	495
Total equity	4,558	4,215
Total liabilities and equity	$ 18,937	$ 18,178