Income Taxes (Tables)

12 Months Ended

Dec. 28, 2019

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax and Provision for Income Taxes [Table Text Block]

(millions)	2019			2018			2017
Income before income taxes
United States	$	938		$	851		$	1,097
Foreign	367			478			560
	1,305			1,329			1,657
Income taxes
Currently payable
Federal	345			7			358
State	52			28			31
Foreign	77			99			79
	474			134			468
Deferred
Federal	(124		)	109			(41		)
State	(29		)	(59		)	8
Foreign	—			(3		)	(25		)
	(153		)	47			(58		)
Total income taxes	$	321		$	181		$	410

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2019		2018		2017
U.S. statutory income tax rate	21.0	%	21.0	%	35.0	%
Foreign rates varying from U.S. statutory rate	(2.5	)	(3.0	)	(6.7	)
Excess tax benefits on share-based compensation	—		(0.3	)	(0.3	)
State income taxes, net of federal benefit	1.3		1.5		1.4
Cost (benefit) of remitted and unremitted foreign earnings	0.8		0.7		0.1
Legal entity restructuring, deferred tax impact	—		(3.3	)	—
Discretionary pension contributions	—		(2.3	)	—
Revaluation of investment in foreign subsidiary	2.5		—		—
Net change in valuation allowance	(1.6	)	2.0		(0.4	)
U.S. deduction for qualified production activities	—		—		(1.4	)
Statutory rate changes, deferred tax impact	0.3		—		(9.0	)
U.S. deemed repatriation tax	—		(1.2	)	10.4
Intangible property transfer	—		—		(2.4	)
Divestiture	2.9		—		—
Out-of-period adjustment	3.0		—		—
Other	(3.1	)	(1.5	)	(1.9	)
Effective income tax rate	24.6	%	13.6	%	24.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	Deferred tax assets						Deferred tax liabilities
(millions)	2019			2018			2019		2018
U.S. state income taxes	$	—		$	—		$	6	$	19
Advertising and promotion-related	11			11			—		—
Wages and payroll taxes	15			20			—		—
Inventory valuation	17			14			—		—
Employee benefits	143			132			—		—
Operating loss, credit and other carryforwards	279			270			—		—
Hedging transactions	9			10			—		—
Depreciation and asset disposals	—			—			217		220
Trademarks and other intangibles	—			—			526		613
Deferred compensation	19			20			—		—
Stock options	29			31			—		—
Other	9			26			—		—
	531			534			749		852
Less valuation allowance	(146		)	(166		)	—		—
Total deferred taxes	$	385		$	368		$	749	$	852
Net deferred tax asset (liability)	$	(364	)	$	(484	)
Classified in balance sheet as:
Other assets	$	231		$	246
Other liabilities	(595		)	(730		)
Net deferred tax asset (liability)	$	(364	)	$	(484	)

Summary of Valuation Allowance [Table Text Block]

(millions)	2019			2018			2017
Balance at beginning of year	$	166		$	153		$	131
Additions charged to income tax expense	25			29			35
Reductions credited to income tax expense (a)	(47		)	(1		)	(28		)
Currency translation adjustments	2			(15		)	15
Balance at end of year	$	146		$	166		$	153

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block]

(millions)	2019			2018			2017
Balance at beginning of year	$	97		$	60		$	63
Tax positions related to current year:
Additions (a)	5			51			6
Tax positions related to prior years:
Additions	4			4			5
Reductions	(14		)	(13		)	(8		)
Settlements	(1		)	(4		)	(4		)
Lapses in statutes of limitation	(1		)	(1		)	(2		)
Balance at end of year	$	90		$	97		$	60