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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 30, 2018
Current assets:    
Cash and cash equivalents $ 14,734 $ 18,107
Marketable securities 602 1,580
Accounts receivable, trade, less allowances for doubtful accounts $244 (2018, $248) 14,115 14,098
Inventories (Note 2) 9,086 8,599
Prepaid expenses and other 2,599 2,699
Assets held for sale (Note 10) 851 950
Total current assets 41,987 46,033
Property, plant and equipment at cost 42,262 41,851
Less: accumulated depreciation (25,262) (24,816)
Property, plant and equipment, net 17,000 17,035
Intangible assets, net (Note 3) 46,898 47,611
Goodwill (Note 3) 31,450 30,453
Deferred taxes on income 7,533 7,640
Other assets 5,159 4,182
Total assets 150,027 152,954
Current liabilities:    
Loans and notes payable 1,708 2,796
Accounts payable 6,923 7,537
Accrued liabilities 7,946 7,601
Accrued rebates, returns and promotions 9,523 9,380
Accrued compensation and employee related obligations 1,986 3,098
Accrued taxes on income 1,025 818
Total current liabilities 29,111 31,230
Long-term debt (Note 4) 27,660 27,684
Deferred taxes on income 7,394 7,506
Employee related obligations 9,905 9,951
Long-term taxes payable 8,074 8,242
Other liabilities 8,928 8,589
Total liabilities 91,072 93,202
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) (15,517) (15,222)
Retained earnings 106,650 106,216
Less: common stock held in treasury, at cost (464,207,000 and 457,519,000 shares) 35,298 34,362
Total shareholders’ equity 58,955 59,752
Total liabilities and shareholders' equity $ 150,027 $ 152,954