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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Jan. 01, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Values of Derivative Instruments in Condensed Consolidated Balance Sheets
The table below presents the fair values of our derivatives designated as foreign currency hedging instruments in our Consolidated Balance Sheet at January 1, 2021 and January 3, 2020.
(In millions)January 1, 2021January 3, 2020
Derivatives designated as hedging instruments:
Foreign currency forward contracts
Other current assets$21 $
Other non-current assets
Other accrued items
Other long-term liabilities—