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STOCKHOLDERS' EQUITY
 6 Months Ended
Jun. 27, 2021
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
Repurchases of Common Stock
During the six months ended June 27, 2021, we repurchased 4.2 million shares of our common stock for $1.5 billion under accelerated share repurchase plans (ASR) pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934. The total remaining authorization for future common share repurchases under our share repurchase program was $1.5 billion as of June 27, 2021. As we repurchase our common shares, we reduce common stock for the $1 of par value of the shares repurchased, with the excess purchase price over par value recorded as a reduction of additional paid-in capital. If additional paid-in capital is reduced to zero, we record the remainder of the excess purchase price over par value as a reduction of retained earnings.
Dividends
We declared cash dividends totaling $1.5 billion ($5.20 per share) and $2.2 billion ($7.80 per share) during the quarter and six months ended June 27, 2021, compared to $1.4 billion ($4.80 per share) and $2.0 billion ($7.20 per share) during the quarter and six months ended June 28, 2020. In June 2021, we declared our 2021 third quarter dividend totaling approximately $720 million ($2.60 per share), which will be paid in September 2021; and in June 2020, we declared our 2020 third quarter dividend totaling $671 million ($2.40 per share), which was paid in September 2020. Amounts declared and paid during the quarters and six months ended June 27, 2021 and June 28, 2020 may differ due to timing of dividend-equivalents paid on RSUs and PSUs. These dividend-equivalents are accrued during the vesting period and are paid upon the vesting of the RSUs and PSUs which primarily occurs in the first quarter each year.
Accumulated Other Comprehensive Loss (AOCL)
Changes in the balance of AOCL, net of tax, consisted of the following (in millions):
Postretirement
Benefit Plans		Other, netAOCL
Balance at December 31, 2020$(16,155)$34 $(16,121)
Other comprehensive income before reclassifications— 2 2 
Amounts reclassified from AOCL
Recognition of net actuarial losses (a)
408 — 408 
Amortization of net prior service credits (a)
(128)— (128)
Other— 2 2 
Total reclassified from AOCL280 2 282 
Total other comprehensive income280 4 284 
Balance at June 27, 2021$(15,875)$38 $(15,837)
Balance at December 31, 2019$(15,528)$(26)$(15,554)
Other comprehensive income before reclassifications— 3 3 
Amounts reclassified from AOCL
Recognition of net actuarial losses (a)
344 — 344 
Amortization of net prior service credits (a)
(124)— (124)
Other— (72)(72)
Total reclassified from AOCL220 (72)148 
Total other comprehensive income (loss)220 (69)151 
Balance at June 28, 2020$(15,308)$(95)$(15,403)
(a)Reclassifications from AOCL related to our postretirement benefit plans were recorded as a component of net periodic benefit income for each period presented (see “Note 7 - Postretirement Benefit Plans”). These amounts include $140 million and $110 million, net of tax, for the quarters ended June 27, 2021 and June 28, 2020, which are comprised of the recognition of net actuarial losses of $204 million and $172 million for the quarters ended June 27, 2021 and June 28, 2020, and the amortization of net prior service credits of $64 million and $62 million for the quarters ended June 27, 2021 and June 28, 2020