v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Jun. 28, 2025
Dec. 28, 2024
Assets    
Inventories $ 4,338 $ 4,071
Finance receivables, net 585 603
Total assets 17,076 16,838
Liabilities    
Total liabilities 9,643 9,634
Shareholders’ equity    
Common stock 23 23
Capital surplus 2,041 1,960
Treasury stock (514) (82)
Retained earnings 6,052 5,607
Accumulated other comprehensive loss (169) (304)
Total shareholders’ equity 7,433 7,204
Total liabilities and shareholders’ equity $ 17,076 $ 16,838
Common shares outstanding (in shares) 178,156 182,964
Manufacturing group    
Assets    
Cash and equivalents $ 1,352 $ 1,386
Accounts receivable, net 877 949
Inventories 4,338 4,071
Other current assets 777 687
Total current assets 7,344 7,093
Property, plant and equipment, less accumulated depreciation and amortization of $5,666 and $5,471, respectively 2,490 2,529
Goodwill 2,319 2,288
Other assets 4,239 4,248
Cash and equivalents 1,352 1,386
Total assets 16,392 16,158
Liabilities    
Current portion of long-term debt 356 357
Accounts payable 1,101 943
Other current liabilities 2,903 3,094
Total current liabilities 4,360 4,394
Other liabilities 1,848 1,945
Long-term debt 3,038 2,890
Total liabilities 9,246 9,229
Finance group    
Assets    
Cash and equivalents 82 55
Cash and equivalents 82 55
Finance receivables, net 585 603
Other assets 17 22
Total assets 684 680
Liabilities    
Other liabilities 57 64
Debt 340 341
Total liabilities $ 397 $ 405