XML 27 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2021
Jan. 01, 2021
Current Assets    
Cash and cash equivalents $ 941 $ 1,276
Receivables, net 1,045 1,344
Contract assets 3,021 2,437
Inventories 982 973
Inventory prepayments 48 61
Income taxes receivable 98 295
Other current assets 224 246
Assets of disposal group held for sale 0 35
Total current assets 6,359 6,667
Non-current Assets    
Property, plant and equipment, net 2,101 2,102
Operating lease right-of-use assets 769 766
Goodwill 18,189 18,876
Other intangible assets, net 6,640 7,908
Deferred income taxes 85 119
Other non-current assets 566 522
Total non-current assets 28,350 30,293
Total assets 34,709 36,960
Current Liabilities    
Short-term debt 2 2
Accounts payable 1,767 1,406
Contract liabilities 1,297 1,198
Compensation and benefits 444 496
Other accrued items 1,002 1,068
Income taxes payable 28 49
Current portion of long-term debt, net 11 8
Liabilities of disposal group held for sale 0 13
Total current liabilities 4,551 4,240
Non-current Liabilities    
Defined benefit plans 614 1,906
Operating lease liabilities 768 734
Long-term debt, net 7,048 6,943
Deferred income taxes 1,344 1,237
Other long-term liabilities 1,065 1,059
Total non-current liabilities 10,839 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 193,511,401 and 208,230,353 shares at December 31, 2021 and January 1, 2021, respectively 194 208
Other capital 16,248 19,008
Retained earnings 2,917 2,347
Accumulated other comprehensive loss (146) (839)
Total shareholders’ equity 19,213 20,724
Noncontrolling interests 106 117
Total equity 19,319 20,841
Total liabilities and equity $ 34,709 $ 36,960