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Accumulated Other Comprehensive Income (Loss) | 9 Months Ended
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Oct. 02, 2021
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) Stockholders’ equity includes certain items classified as AOCI, including: •Unrealized gain (loss) on anticipated sales hedging transactions relates to derivative instruments used to hedge the exposure related to currency exchange rates for forecasted Euro sales. These hedges are designated as cash flow hedges, and the Company defers income statement recognition of gains and losses until the hedged transaction occurs. See Note 9, Derivative Instruments for more details. •Foreign currency translation adjustments relate to the Company’s non-U.S. subsidiary companies that have designated a functional currency other than the U.S. Dollar. The Company is required to translate the subsidiary functional currency financial statements to U.S. Dollars using a combination of historical, period end, and average foreign exchange rates. This combination of rates creates the foreign currency translation adjustment component of AOCI. The components of AOCI for the nine months ended October 2, 2021 and September 26, 2020 are as follows (in millions):
|  | Unrealized gain (loss) on sales hedging |  |  |  | Foreign currency translation adjustments |  | Total
Balance at December 31, 2019 |  | $ | 2 |  |  |  |  | $ | (46) |  |  | $ | (44) |
Other comprehensive income (loss) before reclassifications |  | (11) |  |  |  |  | (4) |  |  | (15) |
Amounts reclassified from AOCI(1) |  | (6) |  |  |  |  | — |  |  | (6) |
Tax effect |  | 3 |  |  |  |  | — |  |  | 3 |
Other comprehensive loss, net of tax |  | (14) |  |  |  |  | (4) |  |  | (18) |
Balance at September 26, 2020 |  | $ | (12) |  |  |  |  | $ | (50) |  |  | $ | (62) |
Balance at December 31, 2020 |  | $ | (28) |  |  |  |  | $ | (41) |  |  | $ | (69) |
Other comprehensive income (loss) before reclassifications |  | 41 |  |  |  |  | (5) |  |  | 36 |
Amounts reclassified from AOCI(1) |  | 15 |  |  |  |  | — |  |  | 15 |
Tax effect |  | (10) |  |  |  |  | — |  |  | (10) |
Other comprehensive income (loss), net of tax |  | 46 |  |  |  |  | (5) |  |  | 41 |
Balance at October 2, 2021 |  | $ | 18 |  |  |  |  | $ | (46) |  |  | $ | (28) |
(1) See Note 9, Derivative Instruments regarding timing of reclassifications to operating results.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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