|
NOTE 8. SUPPLEMENTAL BALANCE SHEET DATA
Other assets included the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
In millions |
|
July 4,
2021 |
|
December 31, 2020 |
|
Corporate owned life insurance |
|
$ |
482
|
|
|
$ |
508 |
|
|
Operating lease assets |
|
458
|
|
|
438 |
|
|
Deferred income taxes |
|
436
|
|
|
479 |
|
|
|
|
|
|
|
|
Other |
|
304
|
|
|
308 |
|
|
Other assets |
|
$ |
1,680
|
|
|
$ |
1,733 |
|
|
|
|
|
|
|
Other accrued expenses included the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| In millions |
|
July 4,
2021 |
|
December 31, 2020 |
| Marketing accruals |
|
$ |
267
|
|
|
$ |
242 |
|
| Other taxes payable |
|
238
|
|
|
256 |
|
| Current portion of operating lease liabilities |
|
128
|
|
|
128 |
|
| Income taxes payable |
|
92
|
|
|
82 |
|
| Other |
|
361
|
|
|
404 |
|
| Other accrued expenses |
|
$ |
1,086
|
|
|
$ |
1,112 |
|
Other liabilities included the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| In millions |
|
July 4,
2021 |
|
December 31, 2020 |
|
|
|
|
|
| Operating lease liabilities |
|
$ |
332
|
|
|
$ |
325 |
|
| Deferred income taxes |
|
321
|
|
|
325 |
|
| One-time transition tax |
|
255
|
|
|
289 |
|
| Accrued compensation |
|
198
|
|
|
203 |
|
| Mark-to-market valuation on interest rate locks |
|
5
|
|
|
41 |
|
| Other long-term liabilities |
|
361
|
|
|
365 |
|
| Other liabilities |
|
$ |
1,472
|
|
|
$ |
1,548 |
|
|