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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 29, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 658,000,000 $ 622,000,000
Receivables, net 885,000,000 931,000,000
Inventories 1,065,000,000 1,093,000,000
Prepaid expenses and other current assets 75,000,000 86,000,000
Current assets of discontinued operations 0 139,000,000
Total current assets 2,683,000,000 2,871,000,000
Property and equipment, net 763,000,000 725,000,000
Goodwill 914,000,000 851,000,000
Other intangible assets, net 422,000,000 448,000,000
Timber notes receivable 842,000,000 863,000,000
Deferred income taxes 284,000,000 305,000,000
Other assets 258,000,000 260,000,000
Total assets 6,166,000,000 6,323,000,000
Current liabilities:    
Trade accounts payable 1,110,000,000 892,000,000
Accrued expenses and other current liabilities 978,000,000 986,000,000
Income taxes payable 2,000,000 5,000,000
Short-term borrowings and current maturities of long-term debt 95,000,000 96,000,000
Current liabilities of discontinued operations 0 67,000,000
Total current liabilities 2,185,000,000 2,046,000,000
Deferred income taxes and other long-term liabilities 300,000,000 336,000,000
Pension and postretirement obligations, net 111,000,000 91,000,000
Long-term debt, net of current maturities 690,000,000 936,000,000
Non-recourse debt 754,000,000 776,000,000
Total liabilities 4,040,000,000 4,185,000,000
Commitments and contingencies
Redeemable noncontrolling interest   18,000,000
Stockholders’ equity:    
Common stock — authorized 800,000,000 shares of $0.01 par value; issued shares — 614,170,704 at December 29, 2018 and 610,353,994 at December 30, 2017; outstanding shares — 543,833,428 at December 29, 2018 and 553,984,357 at December 30, 2017 6,000,000 6,000,000
Additional paid-in capital 2,677,000,000 2,711,000,000
Accumulated other comprehensive loss (99,000,000) (78,000,000)
Accumulated deficit (173,000,000) (273,000,000)
Treasury stock, at cost — 70,337,276 shares at December 29, 2018 and 56,369,637 shares at December 30, 2017 (285,000,000) (246,000,000)
Total stockholders’ equity 2,126,000,000 2,120,000,000
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ 6,166,000,000 $ 6,323,000,000