ACCUMULATED OTHER COMPREHENSIVE LOSS ("AOCI") (Tables)

12 Months Ended

Dec. 31, 2021

The components of AOCI are summarized below:


(In millions)	Foreign currency translation		Net unrealized losses on hedging derivatives		Unrecognized postretirement obligations		Total AOCI

Balance at January 3, 2020	$	(81)	$	(55)	$	(372)	$	(508)
Other comprehensive (loss) income, before income taxes	16		(41)		(418)		(443)
Income taxes	—		10		105		115
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes	16		(31)		(313)		(328)
(Gains) losses reclassified to earnings(1)	7		8		(21)		(6)
Income taxes	—		(2)		5		3
(Gains) losses reclassified to earnings, net of income taxes	7		6		(16)		(3)
Other comprehensive (loss) income, net of income taxes	23		(25)		(329)		(331)
Balance at January 1, 2021	(58)		(80)		(701)		(839)
Other comprehensive income (loss), before income taxes	(63)		(4)		1,013		946
Income taxes	—		1		(255)		(254)
Other comprehensive income (loss) before reclassifications to earnings, net of income taxes	(63)		(3)		758		692
Losses (gains) reclassified to earnings(1)	3		(8)		6		1
Income taxes	—		2		(2)		—
Losses (gains) reclassified to earnings, net of income taxes	3		(6)		4		1
Other comprehensive income (loss), net of income taxes	(60)		(9)		762		693
Balance at December 31, 2021	$	(118)	$	(89)	$	61	$	(146)

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(1)(Gains) losses reclassified to earnings are included in the “Revenue from product sales and services,” “Business divestiture-related gains (losses),” “Interest expense” and “Non-operating income” line items in our Consolidated Statement of Income.