Notes Payable

3 Months Ended

Mar. 28, 2020

Debt Disclosure [Abstract]

Notes payable

Notes payable

The following table presents the components of notes payable at March 28, 2020 and December 28, 2019:

	March 28, 2020				December 28, 2019
(millions)	Principal amount		Effective interest rate		Principal amount		Effective interest rate
U.S. commercial paper	$	565	3.70	%	$	3	1.78	%
Bank borrowings	92				104
Total	$	657			$	107