Annual report pursuant to Section 13 and 15(d)

Recent Accounting Standards (Tables)

v3.8.0.1
Recent Accounting Standards (Tables)
12 Months Ended
Dec. 30, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Recent Accounting Standards [Table Text Block]
The following table summarizes the effects of adopting Revenue Recognition - Contracts with Customers and Financial Instruments - Recognition and Measurement on our financial statements for the fiscal year beginning December 31, 2017 as an adjustment to the opening balance:
 
 
 
 
Adjustments from
 
 
Fiscal Year Beginning
(In Millions)
 
Dec 30, 2017
 
Revenue Standard
 
Financial Instruments Update
 
Dec 31, 2017
As Adjusted
Assets:
 
 
 
 
 
 
 
 
Accounts receivable, net
 
$
5,607

 
$
(530
)
 
$

 
$
5,077

Inventories
 
$
6,983

 
$
47

 
$

 
$
7,030

Other current assets
 
$
2,908

 
$
64

 
$

 
$
2,972

Equity investments
 
$

 
$

 
$
8,579

 
$
8,579

Marketable equity securities
 
$
4,192

 
$

 
$
(4,192
)
 
$

Other long-term assets
 
$
7,602

 
$

 
$
(4,387
)
 
$
3,215

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Accounts payable
 
$
2,928

 
$
55

 
$

 
$
2,983

Deferred income
 
$
1,656

 
$
(1,356
)
 
$

 
$
300

Other accrued liabilities
 
$
7,535

 
$
26

 
$

 
$
7,561

Long-term deferred tax liabilities
 
$
3,046

 
$
191

 
$

 
$
3,237

 
 
 
 
 
 
 
 
 
Stockholders' equity:
 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss)
 
$
862

 
$

 
$
(1,745
)
 
$
(883
)
Retained earnings
 
$
42,083

 
$
665

 
$
1,745

 
$
44,493