Accumulated other comprehensive income (loss) (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Components of Accumulated Other Comprehensive Income

Components of other comprehensive income (loss) consist of the following:

(Dollars in Millions)	Foreign Currency Translation		Gain/ (Loss) On Securities	Employee Benefit Plans		Gain/ (Loss) On Derivatives & Hedges	Total Accumulated Other Comprehensive Income (Loss)
January 3, 2021		$(8,938)	1	(6,957)		652	(15,242)
Net 2021 changes		(1,079)	(4)	4,255		(988)	2,184
January 2, 2022		(10,017)	(3)	(2,702)		(336)	(13,058)
Net 2022 changes		(1,796)	(24)	1,805		106	91
January 1, 2023		(11,813)	(27)	(897)		(230)	(12,967)
Net 2023 changes		(3,221)	26	(1,399)		(147)	(4,741)
Kenvue Separation/IPO		4,885		296	*		5,181
December 31, 2023		$(10,149)	(1)	(2,000)		(377)	(12,527)