Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jul. 02, 2016	Jan. 02, 2016	[1]
Current assets
Cash and cash equivalents	$ 531	$ 251
Accounts receivable, net	1,473	1,344
Inventories:
Raw materials and supplies	322	315
Finished goods and materials in process	894	935
Deferred income taxes	0	227
Other prepaid assets	201	164
Total current assets	3,421	3,236
Property, net of accumulated depreciation of $5,310 and $5,236	3,543	3,621
Investments in unconsolidated entities	435	456
Goodwill	4,963	4,968
Other intangibles, net of accumulated amortization of $51 and $47	2,282	2,268
Pension	246	231
Other assets	497	471
Total assets	15,387	15,251
Current liabilities
Current maturities of long-term debt	1,144	1,266
Notes payable	780	1,204
Accounts payable	1,988	1,907
Accrued advertising and promotion	464	447
Accrued income taxes	83	42
Accrued salaries and wages	238	325
Other current liabilities	574	548
Total current liabilities	5,271	5,739
Long-term debt	6,277	5,275
Deferred income taxes	477	685
Pension liability	922	946
Nonpension postretirement benefits	58	77
Other liabilities	382	391
Commitments and contingencies
Equity
Common stock, $.25 par value	105	105
Capital in excess of par value	770	745
Retained earnings	6,701	6,597
Treasury stock, at cost	(4,092)	(3,943)
Accumulated other comprehensive income (loss)	(1,494)	(1,376)
Total Kellogg Company equity	1,990	2,128
Noncontrolling interests	10	10
Total equity	2,000	2,138
Total liabilities and equity	$ 15,387	$ 15,251

[1] Condensed from audited financial statements.