The following items are from the 2009 balance sheet of Kellogg Company. (All dollars are in millions.)

Instructions Prepare a classified balance sheet for Kellogg Company as of December 31, 2009.

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Common stock Other assets Notes payable-current Other current assets Cash and cash equivalents $ 577 5,632 44 221 334 Other long-term liabilities 1,802 Retained earnings 1,698 Accounts payable 1,077 Other current liabilities 1,167 Accounts receivable, net 1,093 Property, net 3,010 Inventories 910 Long-term debt 4,835