Equity (Tables)

6 Months Ended

Jun. 29, 2019

Reclassifications out of AOCI for the quarter and year-to-date periods ended June 29, 2019 and June 30, 2018, consisted of the following:



(millions)
Details about AOCI components	Amount reclassified from AOCI						Line item impacted within Income Statement
	Quarter ended June 29, 2019			Year-to-date period ended June 29, 2019
(Gains) losses on cash flow hedges:
Interest rate contracts	$	2		$	3		Interest expense
	$	2		$	3		Total before tax
	(1		)	(1		)	Tax expense (benefit)
	$	1		$	2		Net of tax
Amortization of postretirement and postemployment benefits:
Net experience (gain) loss	$	(1	)	$	(2	)	OIE
	$	(1	)	$	(2	)	Total before tax
	1			1			Tax expense (benefit)
	$	—		$	(1	)	Net of tax
Total reclassifications	$	1		$	1		Net of tax




(millions)
Details about AOCI components	Amount reclassified from AOCI						Line item impacted within Income Statement
	Quarter ended June 30, 2018			Year-to-date period ended June 30, 2018
(Gains) losses on cash flow hedges:
Interest rate contracts	$	2		$	4		Interest expense
	$	2		$	4		Total before tax
	(1		)	(1		)	Tax expense (benefit)
	$	1		$	3		Net of tax
Amortization of postretirement and postemployment benefits:
Net experience loss	$	(1	)	$	(2	)	See Note 8 for further details
	$	(1	)	$	(2	)	Total before tax
	—			—			Tax expense (benefit)
	$	(1	)	$	(2	)	Net of tax
Total reclassifications	$	—		$	1		Net of tax

Accumulated other comprehensive income (loss), net of tax, as of June 29, 2019 and December 29, 2018 consisted of the following:



(millions)	June 29, 2019			December 29, 2018
Foreign currency translation adjustments	$	(1,431	)	$	(1,467	)
Cash flow hedges — unrealized net gain (loss)	(65		)	(53		)
Postretirement and postemployment benefits:
Net experience gain (loss)	21			23
Prior service credit (cost)	3			(3		)
Available-for-sale securities unrealized net gain (loss)	3			—
Total accumulated other comprehensive income (loss)	$	(1,469	)	$	(1,500	)