Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS AND DIVESTITURES (Tables)

v3.23.3
ACQUISITIONS AND DIVESTITURES (Tables)
 9 Months Ended
Sep. 29, 2023
Business Combination and Asset Acquisition [Abstract]  
Assets and Liabilities Classified as Held for Sale
The following table presents information related to the major classes of assets and liabilities that were classified as held for sale and were included in the line items prepaid expenses and other current assets and accounts payable and accrued expenses, respectively, in our consolidated balance sheets (in millions):
September 29,
2023		 December 31, 2022
Cash, cash equivalents and short-term investments $ 26  $ 229 
Marketable securities 8  — 
Trade accounts receivable, less allowances 74  12 
Inventories 261  50 
Prepaid expenses and other current assets 46  43 
Equity method investments 5  — 
Other noncurrent assets 29  29 
Deferred income tax assets 27  8 
Property, plant and equipment — net 1,057  197 
Goodwill 226  34 
Other intangible assets 15  — 
  Assets held for sale $ 1,774  $ 602 
Accounts payable and accrued expenses $ 446  $ 154 
Loans and notes payable 48  — 
Accrued income taxes 26  3 
Other noncurrent liabilities 104  3 
Deferred income tax liabilities 57  — 
  Liabilities held for sale $ 681  $ 160