DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

(millions)	2023		2022		2021
Net sales	$	2,085	$	2,662	$	2,434
Cost of goods sold	$	1,387	$	1,858	$	1,692
Selling, general and administrative expense	$	479	$	381	$	373
Operating profit	$	219	$	423	$	369
Interest expense	$	26	$	17	$	18
Other income (expense), net	$	54	$	(111)	$	162
Income from discontinued operations before income taxes	$	247	$	295	$	513
Income taxes	$	71	$	64	$	121
Net income from discontinued operations, net of tax	$	176	$	231	$	392

The following table presents assets and liabilities that are classified as discontinued operations on the consolidated balance sheet as of December 31, 2022:

(millions)
Cash and cash equivalents	$	—
Accounts receivable, net	$	204
Inventories	$	429
Other current assets	$	5
Total current assets of discontinued operations	$	638
Property, net	$	699
Operating lease right-of-use assets	$	7
Goodwill	$	305
Other intangibles	$	57
Other assets	$	210
Total assets of discontinued operations	$	1,916
Accounts payable	$	405
Current operating lease liabilities	$	3
Accrued advertising and promotion	$	57
Accrued salaries and wages	$	52
Other current liabilities	$	31
Total current liabilities of discontinued operations	$	548
Operating lease liabilities	$	4
Deferred income taxes	$	53
Pension liability	$	116
Other non-current liabilities	$	10
Total liabilities of discontinued operations	$	731

Schedule of Disposal Groups Including Discontinued Operations Cash Flow Information

(millions)	2023		2022		2021
Depreciation and amortization	$	52	$	74	$	72
Additions to properties	$	107	$	87	$	90
Postretirement benefit plan expense (benefit)	$	(53)	$	123	$	(143)