Nonoperating Income (Expense)

6 Months Ended

Jun. 30, 2017

Component of Operating Income [Abstract]

Nonoperating Income (Expense)

NONOPERATING INCOME (EXPENSE)

The Company received $265 million of cash proceeds from the sale of marketable equity securities during the first quarter of 2016. The Company recorded a pretax gain related to this sale of $223 million ($140 million after-tax or $0.20 per diluted share) during the six-month period ended July 1, 2016.