Other Income (Expense), Net (Tables)

6 Months Ended

Jul. 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				Six-Month Period Ended
	July 1, 2022		July 2, 2021		July 1, 2022		July 2, 2021
Other components of net periodic benefit costs	$	11	$	11	$	15	$	22
Investment gains (losses):
Realized investment gains (losses)	27		11		64		38
Unrealized investment gains (losses)	(125)		75		(186)		164
Total investment gains (losses)	(98)		86		(122)		202
Gain on sale of product lines	—		—		—		13
Total other income (expense), net	$	(87)	$	97	$	(107)	$	237