1. What was total net sales for the year ended December 30, 2017?
2. What are the main types of expenses for Kellogg?
3. What was net income for the year ended December 30, 2017?
4. What are the two largest assets?
5. What are the two largest liabilities?
6. What is the value of stockholders equity?
7. Where in this annual report can you learn more about Kelloggs specific Accounting Policies?
8. When does Kellogg recognize sales revenue?

TEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA Kellogg Company and Subsidiaries CONSOLIDATED STATEMENT OF INCOME 2017 2016 2015 (millions, except per share data) Net sales Cost of goods sold Selling, general and administrative expense Operating profit Interest expense Other income (expense), net Income before income taxes Income taxes Earnings (loss) from unconsolidated entities Net income Net income (loss) attributable to noncontrolling interests Net income attributable to Kellogg Company Per share amounts: 12,923 $ 13,014 $ 13,525 8,844 3,590 1,091 227 (91) 773 159 7,901 3,076 8,259 3,360 1,395 S 406 (62) 927 233 1,946 $ 256 (16) 1,674 412 7 1,269 $ 695 $ 614 1,269 $ 694 S 614 Basic Diluted 3.65 $ 3.62 $ 1.98 $ 1.96 $ 2.04 S 1.74 1.72 1.98 Dividends per share 2.12 Refer to Notes to Consolidated Financial Statements