Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 30, 2018
Current assets:
Cash and cash equivalents	$ 14,376	$ 18,107
Marketable securities	902	1,580
Accounts receivable, trade, less allowances for doubtful accounts $251 (2018, $248)	14,653	14,098
Inventories (Note 2)	9,263	8,599
Prepaid expenses and other	2,411	2,699
Assets held for sale (Note 10)	194	950
Total current assets	41,799	46,033
Property, plant and equipment at cost	42,905	41,851
Less: accumulated depreciation	(25,657)	(24,816)
Property, plant and equipment, net	17,248	17,035
Intangible assets, net (Note 3)	49,332	47,611
Goodwill (Note 3)	33,661	30,453
Deferred taxes on income	7,647	7,640
Other assets	5,430	4,182
Total assets	155,117	152,954
Current liabilities:
Loans and notes payable	1,719	2,796
Accounts payable	6,912	7,537
Accrued liabilities	8,297	7,601
Accrued rebates, returns and promotions	10,433	9,380
Accrued compensation and employee related obligations	2,291	3,098
Accrued taxes on income	1,701	818
Total current liabilities	31,353	31,230
Long-term debt (Note 4)	27,699	27,684
Deferred taxes on income	7,725	7,506
Employee related obligations	9,910	9,951
Long-term taxes payable	7,543	8,242
Other liabilities	10,102	8,589
Total liabilities	94,332	93,202
Commitments and Contingencies
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)	(14,969)	(15,222)
Retained earnings	109,809	106,216
Less: common stock held in treasury, at cost (477,778,000 and 457,519,000 shares)	37,175	34,362
Total shareholders’ equity	60,785	59,752
Total liabilities and shareholders' equity	$ 155,117	$ 152,954