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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 26, 2015
Dec. 27, 2014
Current assets:    
Cash and cash equivalents $ 958 $ 1,071
Receivables, net 1,231 1,264
Inventories 1,586 1,638
Prepaid expenses and other current assets 250 245
Total current assets 4,025 4,218
Property and equipment, net 816 963
Goodwill 396 391
Other intangible assets, net 58 72
Timber notes receivable 910 926
Deferred income taxes 21 32
Other assets 233 242
Total assets 6,459 6,844
Current liabilities:    
Trade accounts payable 1,241 1,340
Accrued expenses and other current liabilities 1,337 1,517
Income taxes payable 18 4
Short-term borrowings and current maturities of long-term debt 56 32
Total current liabilities 2,652 2,893
Deferred income taxes and other long-term liabilities 580 621
Pension and postretirement obligations, net 180 196
Long-term debt, net of current maturities 643 674
Non-recourse debt 824 839
Total liabilities $ 4,879 $ 5,223
Commitments and contingencies
Stockholders' equity:    
Common stock-authorized 800,000,000 shares of $.01 par value; issued shares - 554,642,753 in September 2015 and 551,097,537 in December 2014 $ 6 $ 6
Additional paid-in capital 2,595 2,556
Accumulated other comprehensive income 34 107
Accumulated deficit (997) (990)
Treasury stock, at cost - 5,915,268 shares in 2015 and 2014 (58) (58)
Total equity 1,580 1,621
Total liabilities and stockholders' equity $ 6,459 $ 6,844