The following information, based on the 12/31/2024 Annual Report to Shareholders of Krafty Foods ($ in...

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The following information, based on the 12/31/2024 Annual Report to Shareholders of Krafty Foods ($ in millions): Accounts payable Accounts receivable (net) Accrued liabilities Cash and cash equivalents Cost of goods sold Other current payables $ 2,397 3,631 4,605 212 18,031 2,152 Current portion of long-term debt 590 Other long-term liabilities 10,811 Retained earnings as of 12/31/2024 2,891 Goodwill and other intangible assets (net) 37,457 Salaries expense 2,065 Interest and other debt expense, net 1,937 Inventories 3,526 Long-term debt 8,634 Long-term notes payable 5,500 Marketing, general and administration expenses 11,960 Operating revenues 36,375 Other current assets 737 Other noncurrent assets 4,226 Other shareholders' equity (3,068) Common stock 24,155 Property, plant and equipment (net) 9,609 Short-term borrowings 731 Required: Based on the information presented above, prepare the 12/31/2024 Balance Sheet for Krafty Foods. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by minus sign. Required: Based on the information presented above, prepare the 12/31/2024 Balance Sheet for Krafty Foods. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign. KRAFTY FOODS Balance Sheet At December 31, 2024 ($ in millions) Assets Cash and cash equivalents Accounts receivable (net) Inventories Other current assets Other current assets Total current assets Goodwill and other intangible assets (net) Property, plant and equipment (net) Other noncurrent assets Total assets 0 $ 0 Total assets Total liabilities Liabilities and Shareholders' Equity 0 0 Total shareholders' equity 0 Total liabilities and shareholders' equity $ 0 The following information, based on the 12/31/2024 Annual Report to Shareholders of Krafty Foods ($ in millions): Accounts payable Accounts receivable (net) Accrued liabilities Cash and cash equivalents Cost of goods sold Other current payables $ 2,397 3,631 4,605 212 18,031 2,152 Current portion of long-term debt 590 Other long-term liabilities 10,811 Retained earnings as of 12/31/2024 2,891 Goodwill and other intangible assets (net) 37,457 Salaries expense 2,065 Interest and other debt expense, net 1,937 Inventories 3,526 Long-term debt 8,634 Long-term notes payable 5,500 Marketing, general and administration expenses 11,960 Operating revenues 36,375 Other current assets 737 Other noncurrent assets 4,226 Other shareholders' equity (3,068) Common stock 24,155 Property, plant and equipment (net) 9,609 Short-term borrowings 731 Required: Based on the information presented above, prepare the 12/31/2024 Balance Sheet for Krafty Foods. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by minus sign. Required: Based on the information presented above, prepare the 12/31/2024 Balance Sheet for Krafty Foods. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign. KRAFTY FOODS Balance Sheet At December 31, 2024 ($ in millions) Assets Cash and cash equivalents Accounts receivable (net) Inventories Other current assets Other current assets Total current assets Goodwill and other intangible assets (net) Property, plant and equipment (net) Other noncurrent assets Total assets 0 $ 0 Total assets Total liabilities Liabilities and Shareholders' Equity 0 0 Total shareholders' equity 0 Total liabilities and shareholders' equity $ 0