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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Jul. 01, 2017
Dec. 31, 2016
[1]
Current assets    
Cash and cash equivalents $ 334 $ 280
Accounts receivable, net 1,427 1,231
Inventories:    
Raw materials and supplies 324 315
Finished goods and materials in process 877 923
Other prepaid assets 205 191
Total current assets 3,167 2,940
Property, net of accumulated depreciation of $5,530 and $5,280 3,613 3,569
Investments in unconsolidated entities 435 438
Goodwill 5,127 5,166
Other intangibles, net of accumulated amortization of $58 and $54 2,423 2,369
Other assets 770 629
Total assets 15,535 15,111
Current liabilities    
Current maturities of long-term debt 411 631
Notes payable 724 438
Accounts payable 2,057 2,014
Accrued advertising and promotion 512 436
Accrued income taxes 48 47
Accrued salaries and wages 269 318
Other current liabilities 667 590
Total current liabilities 4,688 4,474
Long-term debt 7,123 6,698
Deferred income taxes 401 525
Pension liability 997 1,024
Other liabilities 476 464
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 836 806
Retained earnings 6,752 6,571
Treasury stock, at cost (4,364) (3,997)
Accumulated other comprehensive income (loss) (1,495) (1,575)
Total Kellogg Company equity 1,834 1,910
Noncontrolling interests 16 16
Total equity 1,850 1,926
Total liabilities and equity $ 15,535 $ 15,111
[1] Condensed from audited financial statements.