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Debt and Credit Agreements (Tables)
9 Months Ended
Sep. 25, 2015
Debt Disclosure [Abstract]  
Activity Related to Long-Term Debt
Total activity related to long-term debt as of the end of third quarter 2015 is shown in the table below. For fair value information related to the Company's long-term debt, see Note 9, Fair Value Measurements.
(Dollars in millions)
Current Portion
Long-term Portion
Total
Long-term debt as of December 2014
$
228

$
9,514

$
9,742

2015 activity:
 
 
 
Long-term debt issued

600

600

Long-term debt repaid
(228
)

(228
)
Reclassifications
18

(18
)

Discount, premium and other activity

(8
)
(8
)
Long-term debt as of third quarter 2015
$
18

$
10,088

$
10,106