Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 27, 2020	Dec. 29, 2019
Current assets:
Cash and cash equivalents	$ 18,965	$ 17,305
Marketable securities	11,816	1,982
Accounts receivable, trade, less allowances for doubtful accounts and credit losses $292 (2019, $226)	14,579	14,481
Inventories (Note 2)	9,599	9,020
Prepaid expenses and other	2,528	2,392
Assets held for sale (Note 10)	91	94
Total current assets	57,578	45,274
Property, plant and equipment at cost	45,162	43,332
Less: accumulated depreciation	(27,307)	(25,674)
Property, plant and equipment, net	17,855	17,658
Intangible assets, net (Note 3)	47,006	47,643
Goodwill (Note 3)	34,307	33,639
Deferred taxes on income (Note 5)	7,816	7,819
Other assets	6,131	5,695
Total assets	170,693	157,728
Current liabilities:
Loans and notes payable	5,078	1,202
Accounts payable	7,044	8,544
Accrued liabilities	9,629	9,715
Accrued rebates, returns and promotions	12,418	10,883
Accrued compensation and employee related obligations	3,012	3,354
Accrued taxes on income (Note 5)	1,666	2,266
Total current liabilities	38,847	35,964
Long-term debt (Note 4)	32,680	26,494
Deferred taxes on income (Note 5)	5,615	5,958
Employee related obligations (Note 6)	10,184	10,663
Long-term taxes payable (Note 5)	6,745	7,444
Other liabilities	12,149	11,734
Total liabilities	106,220	98,257
Commitments and Contingencies (Note 11)
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)	(14,938)	(15,891)
Retained earnings	114,831	110,659
Less: common stock held in treasury, at cost (487,676,000 and 487,336,000 shares)	38,540	38,417
Total shareholders’ equity	64,473	59,471
Total liabilities and shareholders' equity	$ 170,693	$ 157,728
Common Stock, Par or Stated Value Per Share	$ 1.00	$ 1.00
Common Stock, Shares Authorized	4,320,000,000	4,320,000,000
Common Stock, Shares, Issued	3,119,843,000	3,119,843,000