Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 03, 2022	Jan. 02, 2022
Current assets:
Cash and cash equivalents	$ 10,983	$ 14,487
Marketable securities	21,585	17,121
Accounts receivable, trade, less allowances $223 (2021, $230)	16,139	15,283
Inventories (Note 2)	11,437	10,387
Prepaid expenses and other	3,703	3,701
Total current assets	63,847	60,979
Property, plant and equipment at cost	47,144	47,679
Less: accumulated depreciation	(28,790)	(28,717)
Property, plant and equipment, net	18,354	18,962
Intangible assets, net (Note 3)	42,408	46,392
Goodwill (Note 3)	34,166	35,246
Deferred taxes on income (Note 5)	9,514	10,223
Other assets	9,435	10,216
Total assets	177,724	182,018
Current liabilities:
Loans and notes payable	4,305	3,766
Accounts payable	9,765	11,055
Accrued liabilities	12,607	13,612
Accrued rebates, returns and promotions	13,447	12,095
Accrued compensation and employee related obligations	2,717	3,586
Accrued taxes on income (Note 5)	1,980	1,112
Total current liabilities	44,821	45,226
Long-term debt (Note 4)	28,292	29,985
Deferred taxes on income (Note 5)	5,015	7,487
Employee related obligations (Note 6)	8,553	8,898
Long-term taxes payable (Note 5)	4,162	5,713
Other liabilities	10,524	10,686
Total liabilities	101,367	107,995
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)	(13,843)	(13,058)
Retained earnings	126,216	123,060
Less: common stock held in treasury, at cost (490,811,000 and 490,878,000 shares)	39,136	39,099
Total shareholders’ equity	76,357	74,023
Total liabilities and shareholders' equity	$ 177,724	$ 182,018