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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Apr. 02, 2022
Jan. 01, 2022
Current assets    
Cash and cash equivalents $ 313 $ 286
Accounts receivable, net 1,687 1,489
Inventories 1,559 1,398
Other current assets 257 221
Total current assets 3,816 3,394
Property, net 3,773 3,827
Operating lease right-of-use assets 681 640
Goodwill 5,783 5,771
Other intangibles, net 2,409 2,409
Investments in unconsolidated entities 425 424
Other assets 1,725 1,713
Total assets 18,612 18,178
Current liabilities    
Current maturities of long-term debt 891 712
Notes payable 450 137
Accounts payable 2,705 2,573
Current operating lease liabilities 124 116
Accrued advertising and promotion 716 714
Accrued salaries and wages 198 300
Other current liabilities 764 763
Total current liabilities 5,848 5,315
Long-term debt 5,953 6,262
Operating lease liabilities 536 502
Deferred income taxes 808 722
Pension liability 659 706
Other liabilities 513 456
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 993 1,023
Retained earnings 9,254 9,028
Treasury stock, at cost (4,946) (4,715)
Accumulated other comprehensive income (loss) (1,611) (1,721)
Total Kellogg Company equity 3,795 3,720
Noncontrolling interests 500 495
Total equity 4,295 4,215
Total liabilities and equity $ 18,612 $ 18,178