Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Apr. 04, 2015

Acquisitions, Goodwill and Other Intangible Assets [Abstract]

Business Acquisition, Pro Forma Information [Table Text Block]

	January 18,
(millions)	2015
Current assets	$ 11
Property	79
Goodwill	58
Intangible assets and other	30
Current liabilities	(14)
Other non current liabilities, primarily deferred taxes	(27)
Non-controlling interests	(20)
	$ 117

Carrying Amount of Goodwill [Table Text Block]

Carrying amount of goodwill
	U.S.							North
		Morning		U.S.		U.S.	America					Latin		Asia		Consoli-
(millions)		Foods	Snacks			Specialty		Other		Europe	America			Pacific		dated
January 3, 2015*	$	131	$	3,589	$	82	$	465	$	389	$	83	$	232	$	4,971
Additions		-		-		-		-		58		-		-		58
Currency translation adjustment		-		-		-		(5)		(26)		(1)		(4)		(36)
April 4, 2015	$	131	$	3,589	$	82	$	460	$	421	$	82	$	228	$	4,993
* In conjunction with the establishment of the Kashi operating segment, included within the North America Other reportable segment, goodwill was reallocated on a relative fair value basis. All prior period balances were updated to conform with current presentation. See Note 12 for further discussion.

Intangible Assets Subject to Amortization [Table Text Block]

Intangible assets subject to amortization
(millions)
		U.S.						North
		Morning		U.S.		U.S.		America				Latin		Asia		Consoli-
Gross carrying amount		Foods		Snacks		Specialty		Other		Europe		America		Pacific		dated
January 3, 2015	$	8	$	65	$	-	$	5	$	38	$	6	$	10	$	132
Additions		-		-		-		-		4		-		-		4
Currency translation adjustment		-		-		-		-		(2)		-		-		(2)
April 04, 2015	$	8	$	65	$	-	$	5	$	40	$	6	$	10	$	134
Accumulated Amortization
January 3, 2015	$	8	$	16	$	-	$	4	$	7	$	6	$	2	$	43
Amortization		-		1		-		-		1		-		-		2
April 4,2015	$	8	$	17	$	-	$	4	$	8	$	6	$	2	$	45
Intangible assets subject to amortization, net
January 3, 2015	$	-	$	49	$	-	$	1	$	31	$	-	$	8	$	89
Additions		-		-		-		-		4		-		-		4
Currency translation adjustment		-		-		-		-		(2)		-		-		(2)
Amortization		-		(1)		-		-		(1)		-		-		(2)
April 04, 2015	$	-	$	48	$	-	$	1	$	32	$	-	$	8	$	89

Intangible Assets not Subject to Amortization [Table Text Block]

Intangible assets not subject to amortization
	U.S.							North
	Morning			U.S.		U.S.	America					Latin		Asia		Consoli-
(millions)	Foods		Snacks			Specialty		Other		Europe	America			Pacific		dated
January 3, 2015*	$	-	$	1,625	$	-	$	158	$	423	$	-	$	-	$	2,206
Additions		-		-		-		-		25		-		-		25
Currency translation adjustment		-		-		-		-		(38)		-		-		(38)
April 4, 2015	$	-	$	1,625	$	-	$	158	$	410	$	-	$	-	$	2,193
* In conjunction with the establishment of the Kashi operating segment, included within the North America Other reportable segment, certain intangible assets were reallocated. All prior period balances were updated to conform with current presentation. See Note 12 for further discussion.