Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Balance Sheets

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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 27, 2015
Dec. 27, 2014
Current assets:    
Cash and cash equivalents $ 4,454 $ 2,561
Short-term investments 2,606 2,430
Trading assets 6,810 9,063
Accounts receivable, net 3,860 4,427
Inventories 4,818 4,273
Deferred tax assets 1,895 1,958
Other current assets 2,267 3,018
Total current assets 26,710 27,730
Property, plant and equipment, net of accumulated depreciation of $49,645 ($46,471 as of December 27, 2014) 32,683 33,238
Marketable equity securities 7,208 7,097
Other long-term investments 1,727 2,023
Goodwill 11,037 10,861
Identified intangible assets, net 4,226 4,446
Other long-term assets 6,901 6,561
Total assets 90,492 91,956
Current liabilities:    
Short-term debt 1,118 1,604
Accounts payable 2,359 2,748
Accrued compensation and benefits 2,572 3,475
Accrued advertising 1,021 1,092
Deferred income 2,082 2,205
Other accrued liabilities 4,377 4,895
Total current liabilities 13,529 16,019
Long-term debt 12,116 12,107
Long-term deferred tax liabilities 3,251 3,775
Other long-term liabilities $ 2,996 $ 3,278
Contingencies (Note 21)    
Temporary equity $ 905 $ 912
Stockholders’ equity:    
Preferred stock 0 0
Common stock and capital in excess of par value, 4,755 issued and 4,753 outstanding (4,752 issued and 4,748 outstanding as of December 27, 2014) 22,625 21,781
Accumulated other comprehensive income (loss) 645 666
Retained earnings 34,425 33,418
Total stockholders’ equity 57,695 55,865
Total liabilities, temporary equity, and stockholders’ equity $ 90,492 $ 91,956