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Consolidated Balance Sheet - USD ($)
$ in Millions
Apr. 01, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 347 $ 299
Accounts receivable, net 1,820 1,736
Inventories 1,801 1,768
Other current assets 356 383
Total current assets 4,324 4,186
Property, net 3,786 3,789
Operating lease right-of-use assets 611 617
Goodwill 5,690 5,686
Other intangibles, net 2,297 2,296
Investments in unconsolidated entities 434 432
Other assets 1,488 1,490
Total assets 18,630 18,496
Current liabilities    
Current maturities of long-term debt 567 780
Notes payable 471 467
Accounts payable 2,900 2,973
Current operating lease liabilities 113 121
Accrued advertising and promotion 813 766
Accrued salaries and wages 214 370
Other current liabilities 923 872
Total current liabilities 6,001 6,349
Long-term debt 5,759 5,317
Operating lease liabilities 477 486
Deferred income taxes 728 760
Pension liability 711 709
Other liabilities 475 500
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 1,033 1,068
Retained earnings 9,293 9,197
Treasury stock, at cost (4,666) (4,721)
Accumulated other comprehensive income (loss) (1,713) (1,708)
Total Kellogg Company equity 4,052 3,941
Noncontrolling interests 427 434
Total equity 4,479 4,375
Total liabilities and equity $ 18,630 $ 18,496