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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 30, 2025
Dec. 29, 2024
Current assets:    
Cash and cash equivalents (Note 4) $ 38,474 $ 24,105
Marketable securities 307 417
Accounts receivable, trade, less allowances $170 (2024, $167) 16,020 14,842
Inventories (Note 2) 12,659 12,444
Prepaid expenses and other 4,091 4,085
Total current assets 71,551 55,893
Property, plant and equipment at cost 49,884 48,768
Less: accumulated depreciation (29,013) (28,250)
Property, plant and equipment, net 20,871 20,518
Intangible assets, net (Note 3) 36,755 37,618
Goodwill (Note 3) 44,468 44,200
Deferred taxes on income (Note 5) 8,492 10,461
Other assets 11,534 11,414
Total assets 193,671 180,104
Current liabilities:    
Loans and notes payable 13,897 5,983
Accounts payable 9,545 10,311
Accrued liabilities 7,913 8,549
Accrued rebates, returns and promotions 18,780 17,580
Accrued compensation and employee related obligations 2,551 4,126
Accrued taxes on income (Note 5) 4,217 3,772
Total current liabilities 56,903 50,321
Long-term debt (Note 4) 38,355 30,651
Deferred taxes on income (Note 5) 2,428 2,448
Employee related obligations (Note 6) 7,046 7,255
Long-term taxes payable (Note 5) 395 390
Other liabilities 10,435 17,549
Total liabilities 115,562 108,614
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) (11,740) (11,741)
Retained earnings and Additional paid-in capital 162,635 155,791
Less: common stock held in treasury, at cost (714,218,000 and 712,921,000 shares) 75,906 75,680
Total shareholders’ equity 78,109 71,490
Total shareholders’ equity 78,109 71,490
Total liabilities and shareholders’ equity $ 193,671 $ 180,104