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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Investment Assets
(Dollars in Millions)
June 30,
2017
 
December 30,
2016
Certificates of Deposit and Commercial Paper
$
465

 
$
415

Corporate Bonds
60

 
63

Government Securities
29

 
22

Total investments at fair value
$
554

 
$
500



Schedule of Investment Maturities
These investments have the following maturities:
(Dollars in millions)
June 30,
2017
 
December 30,
2016
Less than 1 year
$
477

 
$
417

1 - 2 years
6

 
12

2 - 5 years
7

 
4

Greater than 5 years
64

 
67

Total investments at fair value
$
554

 
$
500

Schedule of Fair Value and Carrying Value of Long-Term Debt
The fair value and carrying value of the Company's long-term debt is as follows:
(Dollars in millions)
June 30,
2017
 
December 30, 2016
Long-term Debt (Including Current Maturities):
 
 
 
Fair Value
$
13,168

 
$
12,096

Carrying Value
11,825

 
11,293