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Changes in Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 29, 2018
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS
The following table presents changes in accumulated other comprehensive loss, by component, for the last three fiscal years:
 
2018
 
2017
 
2016
Accumulated other comprehensive loss components
 
 
 
 
 
Retirement benefit obligations:
 
 
 
 
 
Balance at beginning of year (1)
$
(103
)
 
$
(119
)
 
$
(74
)
Other comprehensive income (loss) before reclassifications
6

 
1

 
(64
)
Reclassification adjustments:
 
 
 
 
 
Amortization of net loss (2) (3)
3

 
4

 
8

Settlements (2) (3)

 
18

 
4

Prior year correction (4)

 

 
(22
)
Total before income tax
9

 
22

 
(74
)
Income tax provision (benefit)
3

 
6

 
(29
)
Current year comprehensive income (loss), net of tax
6

 
16

 
(45
)
Balance at end of year (1)
$
(97
)
 
$
(103
)
 
$
(119
)
 
 
 
 
 
 
Interest rate swaps:
 
 
 
 
 
Balance at beginning of year (1)
$
8

 
$

 
$

Change in fair value of interest rate swaps
10

 
11

 

Amounts reclassified to interest expense
(3
)
 
2

 

Total before income tax
7

 
13

 

Income tax provision
2

 
5

 

Current year comprehensive income, net of tax
5

 
8

 

Balance at end of year (1)
$
13

 
$
8

 
$

Accumulated other comprehensive loss at end of year(1)
$
(84
)
 
$
(95
)
 
$
(119
)

(1)
Amounts are presented net of tax.
(2)
Included in the computation of net periodic benefit costs. See Note 18, Retirement Plans, for additional information.
(3)
Included in other (income) expense—net in the Company's Consolidated Statements of Comprehensive Income.
(4)
In the second quarter of fiscal year 2016, the Company recorded a $22 million increase to its pension obligation, with a corresponding increase to accumulated other comprehensive loss, to correct a computational error related to a 2015 pension plan freeze.