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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
[1]
Current assets    
Cash and cash equivalents $ 267 $ 280
Accounts receivable, net 1,512 1,231
Inventories:    
Raw materials and supplies 327 315
Finished goods and materials in process 868 923
Other prepaid assets 198 191
Total current assets 3,172 2,940
Property, net of accumulated depreciation of $5,636 and $5,280 3,629 3,569
Investments in unconsolidated entities 432 438
Goodwill 5,135 5,166
Other intangibles, net of accumulated amortization of $62 and $54 2,442 2,369
Other assets 831 629
Total assets 15,641 15,111
Current liabilities    
Current maturities of long-term debt 410 631
Notes payable 572 438
Accounts payable 2,140 2,014
Accrued advertising and promotion 552 436
Accrued income taxes 38 47
Accrued salaries and wages 277 318
Other current liabilities 658 590
Total current liabilities 4,647 4,474
Long-term debt 7,216 6,698
Deferred income taxes 411 525
Pension liability 933 1,024
Other liabilities 491 464
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 851 806
Retained earnings 6,862 6,571
Treasury stock, at cost (4,425) (3,997)
Accumulated other comprehensive income (loss) (1,466) (1,575)
Total Kellogg Company equity 1,927 1,910
Noncontrolling interests 16 16
Total equity 1,943 1,926
Total liabilities and equity $ 15,641 $ 15,111
[1] Condensed from audited financial statements.