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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Mar. 29, 2025
Dec. 28, 2024
Current assets    
Cash and cash equivalents $ 330 $ 694
Accounts receivable, net 1,572 1,522
Inventories 1,223 1,165
Other current assets 349 373
Total current assets 3,474 3,754
Property, net 3,345 3,234
Operating lease right-of-use assets 606 601
Goodwill 5,020 5,003
Other intangibles, net 1,774 1,760
Investments in unconsolidated entities 103 99
Other assets 1,152 1,177
Total assets 15,474 15,628
Current liabilities    
Current maturities of long-term debt 4 632
Notes payable 586 113
Accounts payable 2,129 2,236
Current operating lease liabilities 141 134
Accrued advertising and promotion 572 611
Accrued salaries and wages 185 259
Other current liabilities 724 675
Total current liabilities 4,341 4,660
Long-term debt 5,027 4,998
Operating lease liabilities 462 465
Deferred income taxes 579 541
Pension liability 580 599
Other liabilities 460 483
Commitments and contingencies
Equity    
Common stock, $.25 par value 105 105
Capital in excess of par value 1,005 1,121
Retained earnings 9,497 9,358
Treasury stock, at cost (4,425) (4,533)
Accumulated other comprehensive income (loss) (2,267) (2,276)
Total Kellanova equity 3,915 3,775
Noncontrolling interests 110 107
Total equity 4,025 3,882
Total liabilities and equity $ 15,474 $ 15,628