Accounting Policies Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

Impacts to Previously Reported Results

Adoption of the standards related to revenue recognition, pension and cash flow impacted our previously reported results as follows:

	As of December 30, 2017
Consolidated Balance Sheet	Previously Reported		Revenue Recognition ASU			Restated
Other assets	$	1,026	$	1		$	1,027
Other current liabilities	$	1,431	$	43		$	1,474
Deferred income taxes	$	363	$	(8	)	$	355
Retained earnings	$	7,103	$	(34	)	$	7,069

	Quarter ended July 1, 2017
Consolidated Statement of Income	Previously Reported			Revenue Recognition ASU			Pension ASU		Restated
Net sales	$	3,187		$	(12	)	$	—	$	3,175
Cost of goods sold	$	1,922		$	(17	)	$	45	$	1,950
Selling, general and administrative expense	$	812		$	4		$	24	$	840
Other income (expense), net	$	(6	)	$	—		$	69	$	63
Income taxes	$	102		$	—		$	—	$	102
Net income	$	282		$	1		$	—	$	283
Per share amounts:
Basic earnings	$	0.81		$	—		$	—	$	0.81
Diluted earnings	$	0.80		$	—		$	—	$	0.80

	Year-to-date period ended July 1, 2017
Consolidated Statement of Income	Previously Reported			Revenue Recognition ASU			Pension ASU		Restated
Net sales	$	6,441		$	(18	)	$	—	$	6,423
Cost of goods sold	$	3,972		$	(33	)	$	99	$	4,038
Selling, general and administrative expense	$	1,656		$	9		$	55	$	1,720
Other income (expense), net	$	(3	)	$	—		$	154	$	151
Income taxes	$	144		$	1		$	—	$	145
Net income	$	544		$	5		$	—	$	549
Per share amounts:
Basic earnings	$	1.56		$	0.01		$	—	$	1.57
Diluted earnings	$	1.54		$	0.02		$	—	$	1.56

	Year-to-date period ended July 1, 2017
Consolidated Statement of Cash Flows	Previously Reported			Revenue Recognition ASU			Cash Flow ASU			Restated
Net income	$	544		$	5		$	—		$	549
Deferred income taxes	$	(67	)	$	1		$	—		$	(66	)
Other	$	30		$	—		$	6		$	36
Trade receivables	$	(148	)	$	—		$	(568	)	$	(716	)
All other current assets and liabilities, net	$	10		$	(6	)	$	—		$	4
Net cash provided by (used in) operating activities	$	654		$	—		$	(562	)	$	92
Collections of deferred purchase price on securitized trade receivables	$	—		$	—		$	568		$	568
Investment in unconsolidated entities, net proceeds	$	6		$	—		$	(6	)	$	—
Net cash provided by (used in) investing activities	$	(262	)	$	—		$	562		$	300