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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Oct. 02, 2020
Jan. 03, 2020
Current Assets    
Cash and cash equivalents $ 1,341 $ 824
Receivables 1,128 1,216
Contract assets 2,416 2,459
Inventories 894 1,219
Income taxes receivable 197 202
Other current assets 383 392
Assets of disposal group held for sale 34 0
Total current assets 6,393 6,312
Non-current Assets    
Property, plant and equipment 2,047 2,117
Operating lease right-of-use assets 878 837
Goodwill 18,992 20,001
Other intangible assets 8,172 8,458
Deferred income taxes 116 102
Other non-current assets 547 509
Total non-current assets 30,752 32,024
Total assets 37,145 38,336
Current Liabilities    
Short-term debt 2 3
Accounts payable 1,207 1,261
Contract liabilities 1,089 1,214
Compensation and benefits 411 460
Other accrued items 1,239 790
Income taxes payable 37 24
Current portion of long-term debt, net 666 257
Liabilities of disposal group held for sale 15 0
Total current liabilities 4,666 4,009
Non-current Liabilities    
Defined benefit plans 1,583 1,819
Operating lease liabilities 737 781
Long-term debt, net 6,261 6,694
Deferred income taxes 1,402 1,481
Other long-term liabilities 1,057 808
Total non-current liabilities 11,040 11,583
Shareholders’ Equity:    
Preferred stock, without par value; 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 210,004,233 shares at October 2, 2020 and 218,226,614 shares at January 3, 2020 210 218
Other capital 19,310 20,694
Retained earnings 2,383 2,183
Accumulated other comprehensive loss (590) (508)
Total shareholders’ equity 21,313 22,587
Noncontrolling interests 126 157
Total equity 21,439 22,744
Total liabilities and equity $ 37,145 $ 38,336