XML 22 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 29, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash at end of period $ 943 $ 687
Accounts receivable, net 558 577
Inventories, net 2,412 2,536
Current assets of discontinued operations 0 958
Prepaid expenses and other current assets 290 163
Total current assets 4,202 4,921
Property, plant and equipment, net 3,176 3,347
Goodwill 1,613 1,627
Intangible assets, net 1,266 1,274
Operating lease assets 335 381
Equity method investments 202 191
Long-term assets of discontinued operations 0 1,347
Other assets 260 230
Total assets 11,054 13,317
Current liabilities:    
Accounts payable 777 789
Current portion of long-term debt and finance lease obligations 3 27
Current portion of operating lease obligations 56 63
Current liabilities of discontinued operations 0 406
Accrued expenses and other current liabilities 871 1,166
Total current liabilities 1,706 2,450
Long-term debt and finance lease obligations 1,999 2,006
Long-term operating lease obligations 286 325
Deferred income taxes, net 518 474
Net long-term pension obligation 279 255
Long-term liabilities of discontinued operations 0 86
Other liabilities 208 235
Redeemable noncontrolling interests 225 246
Commitments and contingencies
Shareholder’s equity:    
Preferred stock, no par value, 100,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, no par value, 5,000,000,000 shares authorized, 380,069,232 issued and outstanding  0 0
Additional paid-in capital 3,102 4,152
Retained earnings 3,184 3,588
Accumulated other comprehensive loss (452) (500)
Total shareholder’s equity 5,834 7,241
Noncontrolling interests 0 0
Total equity 5,834 7,241
Total liabilities and equity $ 11,054 $ 13,317