Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 02, 2016
Jan. 03, 2015
ASSETS    
Cash and cash equivalents $ 667 $ 1,442
Accounts receivable, less allowance for doubtful accounts of $46 million and $53 million, respectively 1,237 1,215
Inventories 909 784
Other current assets 269 272
Total current assets 3,082 3,713
Property, Plant and Equipment    
Land, building and improvements 729 709
Machinery and equipment 1,597 1,616
Diagnostic equipment 441 450
Property, plant and equipment, at cost 2,767 2,775
Less: Accumulated depreciation (1,447) (1,432)
Net property, plant and equipment 1,320 1,343
Goodwill 5,651 3,532
Intangible assets, net 2,226 851
Deferred income taxes 151 128
Other assets 470 454
TOTAL ASSETS 12,900 10,021
Current Liabilities    
Current debt obligations 1,163 1,593
Accounts payable 201 151
Dividends payable 82 77
Income taxes payable 201 60
Employee compensation and related benefits 309 292
Other current liabilities 510 493
Total current liabilities 2,466 2,666
Long-term debt 5,229 2,259
Deferred income taxes 581 68
Other liabilities 582 784
Total liabilities 8,858 5,777
Commitments and Contingencies (Note 5) 0 0
Shareholders’ Equity    
Preferred stock ($1.00 par value; 25,000,000 shares authorized; none outstanding) 0 0
Common stock ($0.10 par value; 500,000,000 shares authorized; 283,450,374 and 286,659,901 shares issued and outstanding, respectively) 28 29
Additional paid-in capital 148 118
Retained earnings 4,211 4,225
Accumulated other comprehensive income (loss) (345) (173)
Total shareholders' equity before noncontrolling interest 4,042 4,199
Noncontrolling interest 0 45
Total shareholders' equity 4,042 4,244
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 12,900 $ 10,021