XML 33 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 29, 2014
Dec. 29, 2013
Current assets:    
Cash and cash equivalents $ 14,236 $ 20,927
Marketable securities 17,388 8,279
Accounts receivable, trade, less allowances for doubtful accounts $295 (2013, $333) 12,257 11,713
Inventories (Note 2) 8,155 7,878
Deferred taxes on income 4,101 3,607
Prepaid expenses and other 3,982 4,003
Total current assets 60,119 56,407
Property, plant and equipment at cost 36,947 37,133
Less: accumulated depreciation (20,792) (20,423)
Property, plant and equipment, net 16,155 16,710
Intangible assets, net (Note 3) 27,122 27,947
Goodwill (Note 3) 21,989 22,798
Deferred taxes on income 3,380 3,872
Other assets 6,435 4,949
Total assets 135,200 132,683
Current liabilities:    
Loans and notes payable 3,819 4,852
Accounts payable 6,193 6,266
Accrued liabilities 7,178 7,685
Accrued rebates, returns and promotions 3,972 3,308
Accrued compensation and employee related obligations 2,142 2,794
Accrued taxes on income 1,055 770
Total current liabilities 24,359 25,675
Long-term debt (Note 4) 13,303 13,328
Deferred taxes on income 4,491 3,989
Employee related obligations 7,626 7,784
Other liabilities 7,373 7,854
Total liabilities 57,152 58,630
Shareholders’ equity:    
Common stock — par value $1.00 per share (authorized 4,320,000,000 shares; issued 3,119,843,000 shares) 3,120 3,120
Accumulated other comprehensive income (loss) (Note 7) (3,007) (2,860)
Retained earnings 93,745 89,493
Less: common stock held in treasury, at cost (297,264,000 and 299,215,000 shares) 15,810 15,700
Total shareholders’ equity 78,048 74,053
Total liabilities and shareholders' equity $ 135,200 $ 132,683