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Accumulated Other Comprehensive Income
 6 Months Ended
Jul. 03, 2011
Accumulated Other Comprehensive Income [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
NOTE 7 — ACCUMULATED OTHER COMPREHENSIVE INCOME
Total comprehensive income for the fiscal six months ended July 3, 2011 was $8.6 billion, compared with $5.3 billion for the same period a year ago. Total comprehensive income for the fiscal second quarter ended July 3, 2011 was $3.6 billion, compared with $1.6 billion for the same period a year ago. Total comprehensive income included net earnings, net unrealized currency gains and losses on translation, net unrealized gains and losses on securities available for sale, adjustments related to employee benefit plans, and net gains and losses on derivative instruments qualifying and designated as cash flow hedges. The following table sets forth the components of accumulated other comprehensive income.
                                         
                                    Total
                                    Accum
                                    Other
    Foreign   Securities   Employee   Deriv.   Comp.
Gains/(Losses)   Currency   Available   Benefit   &   Income/
(Dollars in Millions)   Translation   for sale   Plans   Hedges   (Loss)
January 2, 2011
  $ (969 )     24       (2,686 )     100       (3,531 )
2011 six months change
                                       
Unrealized gain (loss)
            435               12          
Net amount reclassed to net earnings
    —       (139 )     —       116 *        
Net six months change
    1,787       296       128       128       2,339  
July 3, 2011
  $ 818       320       (2,558 )     228       (1,192 )
 
*   Substantially offset in net earnings by changes in value of the underlying transactions.
Amounts in accumulated other comprehensive income are presented net of the related tax impact. Foreign currency translation adjustments are not currently adjusted for income taxes as they relate to permanent investments in international subsidiaries.