Consolidated Balance Sheet - USD ($) $ in Millions	Jul. 01, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 308	$ 299
Accounts receivable, net	1,930	1,736
Inventories	1,706	1,768
Other current assets	344	383
Total current assets	4,288	4,186
Property, net	3,781	3,789
Operating lease right-of-use assets	607	617
Goodwill	5,517	5,686
Other intangibles, net	2,091	2,296
Investments in unconsolidated entities	323	432
Other assets	1,494	1,490
Total assets	18,101	18,496
Current liabilities
Current maturities of long-term debt	1,199	780
Notes payable	461	467
Accounts payable	2,810	2,973
Current operating lease liabilities	114	121
Accrued advertising and promotion	850	766
Accrued salaries and wages	243	370
Other current liabilities	799	872
Total current liabilities	6,476	6,349
Long-term debt	5,078	5,317
Operating lease liabilities	478	486
Deferred income taxes	659	760
Pension liability	712	709
Other liabilities	477	500
Commitments and contingencies
Equity
Common stock, $.25 par value	105	105
Capital in excess of par value	1,056	1,068
Retained earnings	9,447	9,197
Treasury stock, at cost	(4,700)	(4,721)
Accumulated other comprehensive income (loss)	(1,943)	(1,708)
Total Kellogg Company equity	3,965	3,941
Noncontrolling interests	256	434
Total equity	4,221	4,375
Total liabilities and equity	$ 18,101	$ 18,496