The following items are from the 2009 balance sheet of Kellogg Company. (All dollars are in millions.)
|
Common stock
|
$ 577
|
|
Other assets
|
5,632
|
|
Notes payable-current
|
44
|
|
Other current assets
|
221
|
|
Cash and cash equivalents
|
334
|
|
Other long-term liabilities
|
1,802
|
|
Retained earnings
|
1,698
|
|
Accounts payable
|
1,077
|
|
Other current liabilities
|
1,167
|
|
Accounts receivable, net
|
1,093
|
|
Property, net
|
3,010
|
|
Inventories
|
910
|
|
Long-term debt
|
4,835
|
Instructions
Prepare a classified balance sheet for Kellogg Company as of December 31, 2009.