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Tax Matters (Tables)
 9 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of Tax Provision (Benefit) on Other Comprehensive Income/(Loss)
The following table provides the components of Tax provision/(benefit) on other comprehensive income/(loss):
 
 
Three Months Ended
 
Nine Months Ended
(MILLIONS OF DOLLARS)
 
September 30,
2018

 
October 1,
2017

 
September 30,
2018

 
October 1,
2017

Foreign currency translation adjustments, net(a)
 
$
14

 
$
(62
)
 
$
82

 
$
(192
)
Unrealized holding gains/(losses) on derivative financial instruments, net
 
35

 
28

 
39

 
30

Reclassification adjustments for (gains)/losses included in net income
 
(28
)
 
(29
)
 
36

 
(169
)
Reclassification adjustments of certain tax effects from AOCI to Retained earnings(b)
 
—

 
—

 
1

 
—

 
 
7

 
(1
)
 
77

 
(139
)
Unrealized holding gains/(losses) on available-for-sale securities, net
 
20

 
37

 
(8
)
 
93

Reclassification adjustments for gains included in net income
 
(6
)
 
(49
)
 
(8
)
 
(45
)
Reclassification adjustments for tax on unrealized gains from AOCI to Retained earnings(c)
 
—

 
—

 
(45
)
 
—

 
 
14

 
(12
)
 
(62
)
 
47

Benefit plans: actuarial gains/(losses), net
 
2

 
(37
)
 
27

 
(15
)
Reclassification adjustments related to amortization
 
15

 
60

 
43

 
152

Reclassification adjustments related to settlements, net
 
10

 
22

 
25

 
30

Reclassification adjustments of certain tax effects from AOCI to Retained earnings(b)
 
—

 
—

 
637

 
—

Other
 
11

 
(33
)
 
18

 
(46
)
 
 
38

 
11

 
750

 
121

Benefit plans: prior service costs and other, net
 
—

 
—

 
—

 
—

Reclassification adjustments related to amortization
 
(11
)
 
(17
)
 
(33
)
 
(50
)
Reclassification adjustments related to curtailments, net
 
(1
)
 
(1
)
 
(4
)
 
(5
)
Reclassification adjustments of certain tax effects from AOCI to Retained earnings(b)
 
—

 
—

 
(144
)
 
—

Other
 
1

 
1

 
1

 
1

 
 
(11
)
 
(17
)
 
(179
)
 
(55
)
Tax provision/(benefit) on other comprehensive income/(loss)
 
$
62

 
$
(80
)
 
$
667

 
$
(218
)

(a) 
Taxes are not provided for foreign currency translation adjustments relating to investments in international subsidiaries that will be held indefinitely.
(b) 
For additional information on the adoption of a new accounting standard related to reclassification of certain tax effects from AOCI, see Note 1B.
(c) 
For additional information on the adoption of a new accounting standard related to financial assets and liabilities, see Note 1B.