Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS AND DIVESTITURES (Tables)

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ACQUISITIONS AND DIVESTITURES (Tables)
6 Months Ended
Jul. 01, 2022
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):
July 1,
2022
December 31, 2021
Cash, cash equivalents and short-term investments $ 208  $ 228 
Trade accounts receivable, less allowances 14  21 
Inventories 51  55 
Prepaid expenses and other current assets 43  36 
Other noncurrent assets 36 
Deferred income tax assets 6 
Property, plant and equipment — net 287  282 
Goodwill 36  37 
  Assets held for sale $ 681  $ 674 
Accounts payable and accrued expenses $ 145  $ 139 
Accrued income taxes 3 
Other noncurrent liabilities 10 
Deferred income tax liabilities 5 
  Liabilities held for sale $ 163  $ 157