XML 23 R12.htm IDEA: XBRL DOCUMENT v3.4.0.3
STOCKHOLDERS' EQUITY
 3 Months Ended
Mar. 26, 2016
STOCKHOLDERS' EQUITY

NOTE 6. STOCKHOLDERS’ EQUITY

The following table reflects the changes in stockholders’ equity.

 

(In millions)

       

Stockholders’ equity at December 26, 2015

    $ 1,603   

Net income

      46   

Other comprehensive income

      6   

Amortization of long-term incentive stock grants

      6   
  

 

 

  

Stockholders’ equity at March 26, 2016

    $ 1,661   
  

 

 

  

Accumulated other comprehensive income (loss) activity, net of tax, where applicable, is provided in the following table:

 

(In millions)    Foreign
Currency
Translation
Adjustments		      Change in
Deferred
Pension and
Other		      Total  

Balance at December 26, 2015

    $ 108       $ (78 )     $ 30   

Other comprehensive income (loss) activity before reclassifications

      8         (2 )       6   

Amounts reclassified from Accumulated other comprehensive income (loss) to net income

      —           —           —     

Tax impact

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Net other comprehensive income (loss)

      8         (2 )       6   
  

 

 

     

 

 

     

 

 

  

Balance at March 26, 2016

    $ 116       $ (80 )     $ 36   
  

 

 

     

 

 

     

 

 

  

As a result of valuation allowances in the U.S. and several international taxing jurisdictions, items other than deferred pension amounts generally have little or no tax impact. The component balances are net of immaterial tax impacts, where applicable.