Supplemental Financial Statement Data

12 Months Ended

Jan. 01, 2022

Disclosure Text Block Supplement [Abstract]

Supplemental Financial Statement Data [Text Block]

SUPPLEMENTAL FINANCIAL STATEMENT DATA

Consolidated Statement of Income (millions)	2021		2020		2019
Research and development expense	$	134	$	135	$	144
Advertising expense	$	790	$	781	$	676

Consolidated Balance Sheet (millions)	2021		2020
Trade receivables	$	1,240	$	1,272
Allowance for expected credit losses	(15)		(19)
Refundable income taxes	62		66
Other receivables	202		218
Accounts receivable, net	$	1,489	$	1,537
Raw materials, spare parts, and supplies	$	383	$	338
Finished goods and materials in process	1,015		946
Inventories	$	1,398	$	1,284
Land	$	123	$	120
Buildings	2,238		2,135
Machinery and equipment	6,277		6,080
Capitalized software	594		543
Construction in progress	623		641
Accumulated depreciation	(6,028)		(5,806)
Property, net	$	3,827	$	3,713
Other intangibles	$	2,552	$	2,612
Accumulated amortization	(143)		(121)
Other intangibles, net	$	2,409	$	2,491
Pension	$	448	$	324
Deferred income taxes	215		254
Nonpension post retirement benefits	577		369
Other	473		515
Other assets	$	1,713	$	1,462
Accrued income taxes	$	49	$	58
Other	714		709
Other current liabilities	$	763	$	767
Income taxes payable	$	40	$	56
Nonpension postretirement benefits	32		34
Other	384		435
Other liabilities	$	456	$	525

Allowance for expected credit losses (millions)	2021		2020		2019
Balance at beginning of year	$	19	$	10	$	10
Additions (reductions) charged to expense	(1)		13		9
Expected credit losses charged to reserve	(3)		(4)		(9)
Balance at end of year	$	15	$	19	$	10