CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Millions	Sep. 27, 2025	Dec. 28, 2024
Current assets
Cash and cash equivalents	$ 240	$ 694
Accounts receivable, net	1,707	1,522
Inventories	1,199	1,165
Other current assets	319	373
Total current assets	3,465	3,754
Property, net	3,526	3,234
Operating lease right-of-use assets	578	601
Goodwill	5,056	5,003
Other intangibles, net	1,808	1,760
Investments in unconsolidated entities	112	99
Other assets	1,100	1,177
Total assets	15,645	15,628
Current liabilities
Current maturities of long-term debt	759	632
Notes payable	526	113
Accounts payable	2,114	2,236
Current operating lease liabilities	150	134
Accrued advertising and promotion	626	611
Accrued salaries and wages	182	259
Other current liabilities	753	675
Total current liabilities	5,110	4,660
Long-term debt	4,341	4,998
Operating lease liabilities	424	465
Deferred income taxes	558	541
Pension liability	432	599
Other liabilities	485	483
Commitments and contingencies
Equity
Common stock, $.25 par value	105	105
Capital in excess of par value	1,007	1,121
Retained earnings	9,696	9,358
Treasury stock, at cost	(4,369)	(4,533)
Accumulated other comprehensive income (loss)	(2,236)	(2,276)
Total Kellanova equity	4,203	3,775
Noncontrolling interests	92	107
Total equity	4,295	3,882
Total liabilities and equity	$ 15,645	$ 15,628