Business Divestitures (Tables)

3 Months Ended

Apr. 02, 2021

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Assets and Liabilities Classified as Held for Sale

The carrying amounts of the major classes of assets and liabilities of the CPS business classified as held for sale at April 2, 2021 were as follows:

(In millions)	April 2, 2021
Receivables	$	12
Contract assets	49
Inventories	4
Other current assets	1
Property, plant and equipment	16
Goodwill	112
Other intangible assets	189
Other non-current assets	3
Assets of disposal group held for sale	$	386
Accounts payable	$	19
Contract liabilities	5
Other accrued items	3
Other non-current liabilities	3
Deferred taxes	5
Liabilities of disposal group held for sale	$	35

The carrying amounts of the major classes of assets and liabilities of the military training business classified as held for sale at April 2, 2021 were as follows:

(In millions)	April 2, 2021
Receivables	$	21
Contract assets	80
Inventories	4
Other current assets	29
Property, plant and equipment	73
Goodwill	426
Other intangible assets	297
Deferred income taxes	9
Other non-current assets	59
Assets of disposal group held for sale	$	998
Accounts payable	$	29
Contract liabilities	13
Other accrued items	38
Other non-current liabilities	47
Liabilities of disposal group held for sale	$	127