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Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)
 9 Months Ended
Oct. 01, 2021
Equity [Abstract]  
Schedule of Components of AOCI
The components of AOCI are summarized below:
(In millions)Foreign currency translationNet unrealized losses on hedging derivativesUnrecognized postretirement obligationsTotal AOCI
Balance at January 1, 2021$(58)$(80)$(701)$(839)
Other comprehensive (loss) income, before income taxes(37)— 769 732 
Income taxes— — (195)(195)
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes(1)
(37)— 574 537 
Losses (gains) reclassified to earnings(2)
1 (10)8 (1)
Income taxes— 2 (2)— 
Losses (gains) reclassified to earnings, net of income taxes1 (8)6 (1)
Other comprehensive (loss) income, net of income taxes(36)(8)580 536 
Balance at October 1, 2021$(94)$(88)$(121)$(303)
Balance at January 3, 2020$(81)$(55)$(372)$(508)
Other comprehensive loss, before income taxes(28)(75)— (103)
Income taxes— 20 — 20 
Other comprehensive loss before reclassifications to earnings, net of income taxes(28)(55)— (83)
Losses (gains) reclassified to earnings(2)
7 8 (16)(1)
Income taxes— (2)4 2 
Losses (gains) reclassified to earnings, net of income taxes7 6 (12)1 
Other comprehensive loss, net of income taxes(21)(49)(12)(82)
Balance at October 2, 2020$(102)$(104)$(384)$(590)
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(1)Other comprehensive income before reclassifications to earnings, net of income taxes, for the quarter and three quarters ended October 1, 2021 includes remeasurement of funded status of pension plans after the purchases of group annuity policies. See Note K — Postretirement Benefit Plans in these Notes for further information.
(2)Losses (gains) reclassified to earnings are included in the “Revenue from product sales and services,” “Business divestiture-related gains (losses),” “Interest expense, net” and “Non-operating income” line items in our Condensed Consolidated Statement of Income (Unaudited).