CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Current Assets
Cash and cash equivalents	$ 976	$ 1,276
Receivables	1,096	1,344
Contract assets	2,577	2,437
Inventories	904	973
Income taxes receivable	199	295
Prepaid expenses and other current assets	372	307
Assets of disposal groups held for sale	1,414	35
Total current assets	7,538	6,667
Non-current Assets
Property, plant and equipment	2,136	2,102
Operating lease right-of-use assets	782	766
Goodwill	18,252	18,876
Other intangible assets	7,265	7,908
Deferred income taxes	118	119
Other non-current assets	499	522
Total non-current assets	29,052	30,293
Total assets	36,590	36,960
Current Liabilities
Short-term debt	2	2
Accounts payable	1,373	1,406
Contract liabilities	1,189	1,198
Compensation and benefits	328	496
Other accrued items	1,103	1,066
Income taxes payable	51	49
Current portion of long-term debt, net	12	10
Liabilities of disposal groups held for sale	173	13
Total current liabilities	4,231	4,240
Non-current Liabilities
Defined benefit plans	1,811	1,906
Operating lease liabilities	737	734
Long-term debt, net	7,066	6,943
Deferred income taxes	1,218	1,237
Other long-term liabilities	1,045	1,059
Total non-current liabilities	11,877	11,879
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 204,864,804 and 208,230,353 shares at April 2, 2021 and January 1, 2021, respectively	205	208
Other capital	18,487	19,008
Retained earnings	2,529	2,347
Accumulated other comprehensive loss	(854)	(839)
Total shareholders’ equity	20,367	20,724
Noncontrolling interests	115	117
Total equity	20,482	20,841
Total liabilities and equity	$ 36,590	$ 36,960