XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.20.2

Equity (Tables) | 9 Months Ended
--- | ---
Sep. 26, 2020
Equity [Abstract] |
Reclassifications Out of AOCI | Reclassifications out of Accumulated other comprehensive income (AOCI) for the quarter and year-to-date periods ended September 26, 2020 and September 28, 2019, consisted of the following:
(millions) |  |  |
Details about AOCI components | Amount reclassified from AOCI | Line item impacted within Income Statement
| Quarter ended September 26, 2020 | Year-to-date period ended September 26, 2020 |
(Gains) losses on cash flow hedges: |  |  |
Interest rate contracts | $ | 4 |  | $ | 11 |  | Interest expense
| $ | 4 |  | $ | 11 |  | Total before tax
| (1) |  | (3) |  | Tax expense (benefit)
| $ | 3 |  | $ | 8 |  | Net of tax
Amortization of postretirement and postemployment benefits: |  |  |
Net experience (gain) loss | $ | — |  | $ | (2) |  | OIE
Prior service cost | — |  | (1) |  | See Note 9 for further details
| $ | — |  | $ | (3) |  | Total before tax
| — |  | 1 |  | Tax expense (benefit)
| $ | — |  | $ | (2) |  | Net of tax
Total reclassifications | $ | 3 |  | $ | 6 |  | Net of tax
(millions) |  |  |
Details about AOCI components | Amount reclassified from AOCI | Line item impacted within Income Statement
| Quarter ended September 28, 2019 | Year-to-date period ended September 28, 2019 |
(Gains) losses on cash flow hedges: |  |  |
Interest rate contracts | $ | (1) |  | $ | 2 |  | Interest expense
| $ | (1) |  | $ | 2 |  | Total before tax
| — |  | (1) |  | Tax expense (benefit)
| $ | (1) |  | $ | 1 |  | Net of tax
Amortization of postretirement and postemployment benefits: |  |  |
Net experience loss | $ | (1) |  | $ | (3) |  | See Note 9 for further details
| $ | (1) |  | $ | (3) |  | Total before tax
| — |  | 1 |  | Tax expense (benefit)
| $ | (1) |  | $ | (2) |  | Net of tax
(Gain) loss on available-for-sale securities: |  |  |
Corporate bonds | $ | (4) |  | $ | (4) |  | OIE
| $ | (4) |  | $ | (4) |  | Total before tax
| — |  | — |  | Tax expense (benefit)
| $ | (4) |  | $ | (4) |  | Net of tax
Total reclassifications | $ | (6) |  | $ | (5) |  | Net of tax
Summary of Accumulated Other Comprehensive Income (Loss) | Accumulated other comprehensive income (loss), net of tax, as of September 26, 2020 and December 28, 2019 consisted of the following:
(millions) | September 26, 2020 | December 28, 2019
Foreign currency translation adjustments | $ | (1,688) |  | $ | (1,399) |
Cash flow hedges — unrealized net gain (loss) | (80) |  | (60) |
Postretirement and postemployment benefits: |  |
Net experience gain (loss) | 6 |  | 7 |
Prior service credit (cost) | 3 |  | 4 |
Available-for-sale securities unrealized net gain (loss) | 2 |  | — |
Total accumulated other comprehensive income (loss) | $ | (1,757) |  | $ | (1,448) |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration