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I am looking to get help on making a forecast for the years 2023 and 2024, please show calculations, thank you. Consolidated Balance Sheet Statement
I am looking to get help on making a forecast for the years 2023 and 2024, please show calculations, thank you.
Consolidated Balance Sheet Statement - USD ($) $ in Millions | Jan. 03, 2015 | Jan. 02, 2016 | Dec. 30, 2017 | Dec. 29, 2018 | Dec. 28, 2019 | Jan. 02, 2021 | Jan. 01, 2022 | Assumptions | 2023 | 2024 | |
Assets, Current [Abstract] | |||||||||||
Cash and cash equivalents | $443 | $251 | $281 | $321 | $397 | $435 | $286 | ||||
Accounts receivable, net | 1,276 | 1,344 | 1,389 | 1,375 | 1,576 | 1,537 | 1,489 | ||||
Inventories | 1,279 | 1,250 | 1,217 | 1,330 | 1,226 | 1,284 | 1,398 | ||||
Other current assets | 342 | 391 | 149 | 131 | 232 | 226 | 221 | ||||
Total current assets | 3,340 | 3,236 | 3,036 | 3,157 | 3,431 | 3,482 | 3,394 | ||||
Property, net | 3,769 | 3,621 | 3,716 | 3,731 | 3,612 | 3,713 | 3,827 | ||||
Operating lease, right-of-use assets | 0 | 0 | 0 | 0 | 541 | 658 | 640 | ||||
Goodwill | 4,971 | 4,968 | 5,504 | 6,050 | 5,861 | 5,799 | 5,771 | ||||
Other intangibles, net | 2,295 | 2,268 | 2,639 | 3,361 | 2,576 | 2,491 | 2,409 | ||||
Investment in unconsolidated entities | 1 | 456 | 429 | 413 | 404 | 391 | 424 | ||||
Other assets | 777 | 716 | 1,026 | 1,068 | 1,139 | 1,462 | 1,713 | ||||
Total assets | 15,153 | 15,265 | 16,351 | 17,780 | 17,564 | 17,996 | 18,178 | ||||
Liabilities, Current [Abstract] | |||||||||||
Current maturities of long-term debt | 607 | 1,266 | 409 | 510 | 620 | 627 | 712 | ||||
Notes payable | 828 | 1,204 | 370 | 176 | 107 | 102 | 137 | ||||
Accounts payable | 1,528 | 1,907 | 2,269 | 2,427 | 2,387 | 2,471 | 2,573 | ||||
Current operating lease liabilities | 0 | 0 | 0 | 0 | 114 | 117 | 116 | ||||
Accrued advertising and promotion | 0 | 0 | 0 | 0 | 641 | 776 | 714 | ||||
Accrued salaries and wages | 0 | 0 | 0 | 0 | 0 | 378 | 300 | ||||
Other current liabilities | 1,401 | 1,362 | 1,474 | 1,416 | 909 | 767 | 763 | ||||
Total current liabilities | 4,364 | 5,739 | 4,522 | 4,529 | 4,778 | 5,238 | 5,315 | ||||
Long-term debt | 5,935 | 5,289 | 7,836 | 8,207 | 7,195 | 6,746 | 6,262 | ||||
Operating lease liabilities | 0 | 0 | 0 | 0 | 433 | 520 | 502 | ||||
Deferred income taxes | 726 | 685 | 730 | 730 | 596 | 562 | 722 | ||||
Pension liability | 777 | 946 | 651 | 651 | 705 | 769 | 706 | ||||
Other liabilities | 500 | 468 | 504 | 504 | 543 | 525 | 456 | ||||
Commitments and contingencies | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Equity [Abstract] | |||||||||||
Common stock, $0.25 par value, 1,000,000,000 shares authorized Issued: 421,098,799 shares in 2021 and 420,962,092 shares in 2020 | 105 | 105 | 105 | 105 | 105 | 105 | 105 | 105 | 105 | ||
Capital in excess of par value | 678 | 745 | 878 | 895 | 921 | 972 | 1,023 | ||||
Retained earnings | 6,689 | 6,597 | 7,103 | 7,652 | 7,859 | 8,326 | 9,028 | ||||
Treasury stock, at cost 79,721,563 shares in 2021 and 77,071,554 shares in 2020 | -3,470 | -3,943 | -4,417 | -4,551 | -4,690 | -4,559 | -4,715 | ||||
Accumulated other comprehensive income (loss) | -1,213 | -1,376 | -1,457 | -1,500 | -1,448 | -1,732 | -1,721 | ||||
Total Kellogg Company equity | 2,789 | 2,128 | 2,212 | 2,601 | 2,747 | 3,112 | 3,720 | ||||
Noncontrolling interests | 62 | 10 | 16 | 558 | 567 | 524 | 495 | ||||
Total equity | 2,851 | 2,138 | 2,228 | 3,159 | 3,314 | $3,636 | 4,215 | ||||
Total liabilities and equity | $15,153 | $15,251 | $16,351 | $17,780 | $17,564 | 17,996 | $18,178 |
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