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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Oct. 01, 2022
Jan. 01, 2022
Current assets    
Cash and cash equivalents $ 373 $ 286
Accounts receivable, net 1,985 1,489
Inventories 1,682 1,398
Other current assets 404 221
Total current assets 4,444 3,394
Property, net 3,564 3,827
Operating lease right-of-use assets 608 640
Goodwill 5,691 5,771
Other intangibles, net 2,302 2,409
Investments in unconsolidated entities 427 424
Other assets 1,980 1,713
Total assets 19,016 18,178
Current liabilities    
Current maturities of long-term debt 816 712
Notes payable 174 137
Accounts payable 2,871 2,573
Current operating lease liabilities 111 116
Accrued advertising and promotion 813 714
Accrued salaries and wages 317 300
Other current liabilities 931 763
Total current liabilities 6,033 5,315
Long-term debt 5,697 6,262
Operating lease liabilities 478 502
Deferred income taxes 923 722
Pension liability 603 706
Other liabilities 544 456
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 1,027 1,023
Retained earnings 9,499 9,028
Treasury stock, at cost (4,750) (4,715)
Accumulated other comprehensive income (loss) (1,598) (1,721)
Total Kellogg Company equity 4,283 3,720
Noncontrolling interests 455 495
Total equity 4,738 4,215
Total liabilities and equity $ 19,016 $ 18,178