Equity (Tables)

3 Months Ended

Mar. 28, 2020

Equity [Abstract]

Reclassifications Out of AOCI

Reclassifications out of AOCI for the quarters ended March 28, 2020 and March 30, 2019, consisted of the following:

(millions)
Details about AOCI components	Amount reclassified from AOCI						Line item impacted within Income Statement
	Quarter ended March 28, 2020			Quarter ended March 30, 2019
(Gains) losses on cash flow hedges:
Interest rate contracts	$	2		$	1		Interest expense
	$	2		$	1		Total before tax
	—			—			Tax expense (benefit)
	$	2		$	1		Net of tax
Amortization of postretirement and postemployment benefits:
Net experience (gain) loss	$	(1	)	$	(1	)	OIE
	$	(1	)	$	(1	)	Total before tax
	—			—			Tax expense (benefit)
	$	(1	)	$	(1	)	Net of tax
Total reclassifications	$	1		$	—		Net of tax

Summary of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss), net of tax, as of March 28, 2020 and December 28, 2019 consisted of the following:

(millions)	March 28, 2020			December 28, 2019
Foreign currency translation adjustments	$	(1,628	)	$	(1,399	)
Cash flow hedges — unrealized net gain (loss)	(106		)	(60		)
Postretirement and postemployment benefits:
Net experience gain (loss)	6			7
Prior service credit (cost)	4			4
Available-for-sale securities unrealized net gain (loss)	(3		)	—
Total accumulated other comprehensive income (loss)	$	(1,727	)	$	(1,448	)