v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Jul. 04, 2026
Jan. 03, 2026
Assets    
Inventories $ 4,720 $ 4,278
Finance receivables, net 524 574
Total assets 18,134 18,129
Liabilities    
Total liabilities 10,080 10,254
Shareholders’ equity    
Common stock 22 22
Capital surplus 2,126 1,995
Treasury stock (434) (55)
Retained earnings 6,245 5,784
Accumulated other comprehensive income 95 129
Total shareholders’ equity 8,054 7,875
Total liabilities and shareholders’ equity $ 18,134 $ 18,129
Common shares outstanding (in shares) 171,937 174,310
Manufacturing group    
Assets    
Cash and equivalents $ 1,436 $ 1,940
Accounts receivable, net 916 823
Inventories 4,720 4,278
Other current assets 909 872
Total current assets 7,981 7,913
Property, plant and equipment, less accumulated depreciation and amortization of $5,890 and $5,784, respectively 2,570 2,590
Goodwill 2,312 2,321
Other assets 4,572 4,628
Cash and equivalents 1,436 1,940
Total assets 17,435 17,452
Liabilities    
Current portion of long-term debt 355 5
Accounts payable 1,215 1,185
Other current liabilities 3,092 3,163
Total current liabilities 4,662 4,353
Other liabilities 1,918 1,980
Long-term debt 3,111 3,534
Total liabilities 9,691 9,867
Finance group    
Assets    
Cash and equivalents 170 85
Cash and equivalents 170 85
Finance receivables, net 524 574
Other assets 5 18
Total assets 699 677
Liabilities    
Other liabilities 50 48
Debt 339 339
Total liabilities $ 389 $ 387