NON-OPERATING INCOME

12 Months Ended

Jan. 01, 2021

Nonoperating Income (Expense) [Abstract]

NON-OPERATING INCOME

NOTE 21: NON-OPERATING INCOME

The components of non-operating income were as follows:

	Fiscal Year Ended		Two Quarters Ended		Fiscal Years Ended
(In millions)	January 1, 2021		January 3, 2020		June 28, 2019		June 29, 2018
Pension adjustment(1)	$	389	$	172	$	186	$	184
Gain on pension plan curtailment	—		23		—		—
Gain (loss) on extinguishment of debt(2)	2		(2)		—		(24)
Other	10		(1)		2		(4)
	$	401	$	192	$	188	$	156

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(1)The non-service components of net periodic pension and postretirement benefit costs include interest cost, expected return on plan assets, amortization of net actuarial gain or loss and effect of curtailments or settlements.

(2)Gain associated with our optional redemption of the entire outstanding $650 million principal amount of our 4.95% 2021 Notes in fiscal 2020; loss associated with our optional redemption of the entire outstanding $400 million principal amount of our 2.7% 2020 Notes in the two quarters ended January 3, 2020; and losses associated with our optional redemption of the entire outstanding $800 million aggregate principal amount of our 2018 Redeemed Notes and the repayment in full of $253 million in remaining outstanding indebtedness under the 5-year tranche of our $1.3 billion senior unsecured term loan facility and the termination of our 2015 credit agreement in fiscal 2018. See. Note 14: Debt in these Notes for additional information.