Supplemental Financial Statement Data

6 Months Ended

Jul. 01, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Disclosures

Supplemental financial statement data

Consolidated Balance Sheet
(millions)	July 1, 2023 (unaudited)		December 31, 2022
Trade receivables	$	1,654	$	1,449
Allowance for credit losses	(16)		(13)
Refundable income taxes	35		82
Other receivables	257		218
Accounts receivable, net	$	1,930	$	1,736
Raw materials and supplies	$	427	$	426
Finished goods and materials in process	1,279		1,342
Inventories	$	1,706	$	1,768
Intangible assets not subject to amortization	$	1,871	$	1,969
Intangible assets subject to amortization, net	220		327
Other intangibles, net	$	2,091	$	2,296