Stock Compensation (Tables)

12 Months Ended

Jan. 02, 2021

Share-based Payment Arrangement [Abstract]

Schedule Of Compensation Expense For Equity Programs And Related Tax Benefits Text Block [Table Text Block]

(millions)	2020		2019		2018
Pre-tax compensation expense	$	81	$	61	$	64
Related income tax benefit	$	21	$	16	$	16

Schedule of Cash and Tax Benefits Received Upon Exercise of Stock Options and Similar Instruments [Table Text Block]

(millions)	2020		2019		2018
Total cash received from option exercises and similar instruments	$	112	$	64	$	167
Tax windfall (shortfall) classified as cash flow from operating activities	$	2	$	(2)	$	11

Schedule of Stock Option Valuation Model Assumptions for Grants [Table Text Block]

Stock option valuation model assumptions for grants within the year ended:	2020			2019			2018
Weighted-average expected volatility	18.00		%	18.00		%	18.00		%
Weighted-average expected term (years)	6.70			6.60			6.60
Weighted-average risk-free interest rate	1.35		%	2.59		%	2.82		%
Dividend yield	3.40		%	3.90		%	3.00		%
Weighted-average fair value of options granted	$	7.34		$	6.78		$	10.00

Share-based Payment Arrangement, Activity [Table Text Block]

Employee and director stock options	Shares (millions)	Weighted- average exercise price		Weighted- average remaining contractual term (yrs.)	Aggregate intrinsic value (millions)
Outstanding, beginning of year	14	$	65
Granted	3	65
Exercised	(2)	59
Forfeitures and expirations	(1)	68
Outstanding, end of year	14	$	65	4.7	$	15
Exercisable, end of year	10	$	66	5.9	$	22

Additionally, option activity for the comparable prior year periods is presented in the following table:

(millions, except per share data)	2019		2018
Outstanding, beginning of year	14		14
Granted	3		3
Exercised	(1)		(2)
Forfeitures and expirations	(2)		(1)
Outstanding, end of year	14		14
Exercisable, end of year	10		10
Weighted-average exercise price:
Outstanding, beginning of year	$	66	$	64
Granted	57		70
Exercised	56		58
Forfeitures and expirations	67		71
Outstanding, end of year	$	65	$	66
Exercisable, end of year	$	65	$	63

Summary of Restricted Stock Summary [Table Text Block]

Employee restricted stock units	Shares (thousands)	Weighted-average grant-date fair value
Non-vested, beginning of year	1,901	$	61
Granted	596	65
Vested	(504)	65
Forfeited	(257)	58
Non-vested, end of year	1,736	$	61

Additionally, restricted stock unit activity for 2019 and 2018 is presented in the following table:

Employee restricted stock units	2019		2018
Shares (in thousands):
Non-vested, beginning of year	1,708		1,673
Granted	888		772
Vested	(469)		(507)
Forfeited	(226)		(230)
Non-vested, end of year	1,901		1,708
Weighted-average exercise price:
Non-vested, beginning of year	$	65	$	65
Granted	55		63
Vested	68		59
Forfeited	62		64
Non-vested, end of year	$	61	$	65