Accrued Warranties

6 Months Ended

Jul. 03, 2020

Product Warranties Disclosures [Abstract]

Accrued Warranties

Note L — Accrued Warranties

Our liability for standard product warranties is included as a component of the “Other accrued items” and “Other long-term liabilities” line items in our Condensed Consolidated Balance Sheet (Unaudited). Changes in our liability for standard product warranties during the two quarters ended July 3, 2020 were as follows:

	(In millions)
Balance at January 3, 2020	$	112
Adjustments to previously estimated fair value of warranty liabilities assumed	19
Decrease from reclassification to liabilities of disposal group held for sale	(8)
Accruals for product warranties issued during the period	27
Settlements made during the period	(31)
Other, including foreign currency translation adjustments	1
Balance at July 3, 2020	$	120