Other Income (Expense), Net (Tables)

3 Months Ended

Apr. 01, 2022

Other Income and Expenses [Abstract]

Schedule of Other Nonoperating Income (Expense)

The following sets forth the components of the Company’s other income (expense), net ($ in millions):

	Three-Month Period Ended
	April 1, 2022		April 2, 2021
Other components of net periodic benefit costs	$	4	$	11
Investment gains (losses):
Realized investment gains (losses)	37		27
Unrealized investment gains (losses)	(61)		89
Total investment gains (losses)	(24)		116
Gain on sale of product lines	—		13
Total other income (expense), net	$	(20)	$	140