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

6 Months Ended

Jul. 01, 2022

Equity [Abstract]

Schedule of Components of AOCI

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 December 31, 2021	$	(118)	$	(89)	$	61	$	(146)
Other comprehensive loss before reclassifications to earnings, net of income taxes	(76)		(2)		—		(78)
Gains (losses) reclassified to earnings, net of income taxes(1)	—		2		(10)		(8)
Other comprehensive loss, net of income taxes	(76)		—		(10)		(86)
Balance at July 1, 2022	$	(194)	$	(89)	$	51	$	(232)
Balance at January 1, 2021	$	(58)	$	(80)	$	(701)	$	(839)
Other comprehensive (loss) income before reclassifications to earnings, net of income taxes	(3)		7		(2)		2
Losses (gains) reclassified to earnings, net of income taxes(1)	2		(6)		6		2
Other comprehensive (loss) income, net of income taxes	(1)		1		4		4
Balance at July 2, 2021	$	(59)	$	(79)	$	(697)	$	(835)

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