Comprehensive Income (Loss)

12 Months Ended

Oct. 03, 2020

COMPREHENSIVE INCOME (LOSS)The components of accumulated other comprehensive loss are as follows (in millions):



	2020		2019
Accumulated other comprehensive income (loss), net of taxes:
Unrealized net hedging loss	$	(15)	$	(24)
Unrealized net gain (loss) on investments	2		1
Currency translation adjustment	(136)		(107)
Postretirement benefits reserve adjustments	(30)		13
Total accumulated other comprehensive income (loss)	$	(179)	$	(117)

The before and after tax changes in the components of other comprehensive income (loss) are as follows (in millions):



	2020						2019						2018
	Before Tax		Tax		After Tax		Before Tax		Tax		After Tax		Before Tax		Tax		After Tax

Derivatives accounted for as cash flow hedges:
(Gain) loss reclassified to interest expense	$	6	$	(2)	$	4	$	1	$	—	$	1	$	—	$	—	$	—
(Gain) loss reclassified to cost of sales	24		(7)		17		18		(5)		13		12		(4)		8
Unrealized gain (loss)	(17)		5		(12)		(39)		10		(29)		(20)		5		(15)

Investments:

Unrealized gain (loss)	1		—		1		3		(1)		2		(2)		1		(1)

Currency translation:
Translation adjustment	(29)		—		(29)		(23)		—		(23)		(38)		2		(36)
Translation loss reclassified to cost of sales	—		—		—		—		—		—		7		—		7

Postretirement benefits:
Unrealized gain (loss)	1		—		1		(114)		31		(83)		(8)		1		(7)
Pension settlement reclassified to other (income) expense	(58)		14		(44)		23		(6)		17		—		—		—

Total other comprehensive income (loss)	$	(72)	$	10	$	(62)	$	(131)	$	29	$	(102)	$	(49)	$	5	$	(44)