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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Apr. 01, 2017
Dec. 31, 2016
[1]
Current assets    
Cash and cash equivalents $ 298 $ 280
Accounts receivable, net 1,464 1,231
Inventories:    
Raw materials and supplies 318 315
Finished goods and materials in process 877 923
Other prepaid assets 189 191
Total current assets 3,146 2,940
Property, net of accumulated depreciation of $5,397 and $5,280 3,576 3,569
Investments in unconsolidated entities 440 438
Goodwill 5,084 5,166
Other intangibles, net of accumulated amortization of $56 and $54 2,442 2,369
Other assets 739 629
Total assets 15,427 15,111
Current liabilities    
Current maturities of long-term debt 632 631
Notes payable 629 438
Accounts payable 1,995 2,014
Accrued advertising and promotion 464 436
Accrued income taxes 141 47
Accrued salaries and wages 251 318
Other current liabilities 620 590
Total current liabilities 4,732 4,474
Long-term debt 6,715 6,698
Deferred income taxes 456 525
Pension liability 1,008 1,024
Other liabilities 494 464
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 817 806
Retained earnings 6,650 6,571
Treasury stock, at cost (4,078) (3,997)
Accumulated other comprehensive income (loss) (1,488) (1,575)
Total Kellogg Company equity 2,006 1,910
Noncontrolling interests 16 16
Total equity 2,022 1,926
Total liabilities and equity $ 15,427 $ 15,111
[1] Condensed from audited financial statements.