CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jan. 01, 2021	Jan. 03, 2020
Current Assets
Cash and cash equivalents	$ 1,276	$ 824
Receivables	1,344	1,216
Contract assets	2,437	2,459
Inventories	973	1,219
Income taxes receivable	295	202
Other current assets	307	392
Assets of disposal group held for sale	35	0
Total current assets	6,667	6,312
Non-current Assets
Property, plant and equipment	2,102	2,117
Operating lease right-of-use assets	766	837
Goodwill	18,876	20,001
Other intangible assets	7,908	8,458
Deferred income taxes	119	102
Other non-current assets	522	509
Total non-current assets	30,293	32,024
Total assets	36,960	38,336
Current Liabilities
Short-term debt	2	3
Accounts payable	1,406	1,261
Contract liabilities	1,198	1,214
Compensation and benefits	496	460
Other accrued items	1,068	790
Income taxes payable	49	24
Current portion of long-term debt, net	8	257
Liabilities of disposal group held for sale	13	0
Total current liabilities	4,240	4,009
Non-current Liabilities
Defined benefit plans	1,906	1,819
Operating lease liabilities	734	781
Long-term debt, net	6,908	6,694
Deferred income taxes	1,237	1,481
Other long-term liabilities	1,094	808
Total non-current liabilities	11,879	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 208,230,353 and 218,226,614 shares at January 1, 2021 and January 3, 2020, respectively	208	218
Other capital	19,008	20,694
Retained earnings	2,347	2,183
Accumulated other comprehensive loss	(839)	(508)
Total shareholders’ equity	20,724	22,587
Noncontrolling interests	117	157
Total equity	20,841	22,744
Total liabilities and equity	$ 36,960	$ 38,336