Net Sales 13,770 Given the following financial statement information for the Kellogg Company. Calculate the market capitalization for FY2020. $ in Millions Income Statement FY 2020 $ in Millions Balance Sheet Cash FY2020 FY2019 435 397 COGS 9,043 AR 1537 1576 SGA 2,487 Inventories 1284 1226 Depreciation 479 Other CA 226 232 EBIT 1,761 Total Current Assets 3482 3431 Interest expense 249 Net PPE 14514 14133 EBT 1,512 Total Assets 17996 17564 Taxes 323 Net Income 1,189 Notes Payable (Interest-bearing) 729 727 Dividends 782 Accounts Payable 2471 2387 Add to RE 407 Other CL 2038 1664 Total Current Liab. 5238 4778 Long-term debt 9494 9934 Price 63.86 Total liabilities 14732 14712 Shares Outstanding 343,950,311 Common Stock 110 105 Accum RE 3,154 2747 Total Equity 3264 2852 Total Liabilities and Equity 17996 17564