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Divestiture
6 Months Ended
Jun. 26, 2015
Liquid Finishing Divestiture [Abstract]  
Liquid Finishing Divestiture

12.       In April 2015, the Company sold the Liquid Finishing assets acquired in 2012 that were held as a cost-method investment. Selling price was $590 million cash, subject to customary post-closing adjustments. The $147 million pre-tax gain on the sale, net of transaction and other related expenses, was included in investment income in the Company's consolidated statements of earnings. Prior to the sale, income was recognized on dividends received from after-tax earnings of Liquid Finishing and also included in investment income. Dividend income for the quarter totaled $12 million in 2015 and $11 million in 2014. Year-to-date dividend income was $42 million in 2015 and $15 million in 2014.