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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 30, 2023
Dec. 31, 2022
Assets    
Inventories $ 3,914 $ 3,550
Property, plant and equipment, net 2,477 2,523
Finance receivables, net 585 563
Assets 16,856 16,293
Liabilities    
Total liabilities 9,869 9,180
Shareholders' equity    
Common stock (195.0 million and 207.4 million shares issued, respectively, and 192.9 million and 206.2 million shares outstanding, respectively) 24 26
Capital surplus 1,910 1,880
Treasury stock (165) (84)
Retained earnings 5,862 5,903
Accumulated other comprehensive loss (644) (612)
Total shareholders’ equity 6,987 7,113
Total liabilities and shareholders’ equity 16,856 16,293
Manufacturing group    
Assets    
Cash and equivalents 2,121 1,963
Accounts receivable, net 868 855
Inventories 3,914 3,550
Other current assets 857 1,033
Total current assets 7,760 7,401
Property, plant and equipment, net 2,477 2,523
Goodwill 2,295 2,283
Other assets 3,663 3,422
Assets 16,195 15,629
Liabilities    
Current portion of long-term debt 357 7
Accounts payable 1,023 1,018
Other current liabilities 2,998 2,645
Total current liabilities 4,378 3,670
Other liabilities 1,904 1,879
Long-term debt 3,169 3,175
Debt 3,526 3,182
Total liabilities 9,451 8,724
Finance group    
Assets    
Cash and equivalents 60 72
Finance receivables, net 585 563
Other assets 16 29
Assets 661 664
Liabilities    
Other liabilities 70 81
Debt 348 375
Total liabilities $ 418 $ 456