Tax Matters (Tables)

6 Months Ended

Jul. 02, 2023

Income Tax Disclosure [Abstract]

Schedule of Tax Provision/(Benefit) on Other Comprehensive Income (Loss)

Components of Tax provision/(benefit) on other comprehensive income/(loss) include:
	Three Months Ended				Six Months Ended
(MILLIONS)	July 2, 2023		July 3, 2022		July 2, 2023		July 3, 2022
Foreign currency translation adjustments, net(a)	$	20	$	(114)	$	(5)	$	(185)
Unrealized holding gains/(losses) on derivative financial instruments, net	25		98		28		130
Reclassification adjustments for (gains)/losses included in net income	(33)		(3)		(12)		(26)
	(8)		95		16		105
Unrealized holding gains/(losses) on available-for-sale securities, net	3		(61)		14		(78)
Reclassification adjustments for (gains)/losses included in net income	2		32		(62)		61
	5		(29)		(47)		(17)
Reclassification adjustments related to amortization of prior service costs and other, net	(7)		(7)		(14)		(16)
Reclassification adjustments related to curtailments of prior service costs and other, net	(1)		—		(3)		(2)
	(8)		(8)		(17)		(18)
Tax provision/(benefit) on other comprehensive income/(loss)	$	9	$	(55)	$	(53)	$	(115)

(a)Taxes are not provided for foreign currency translation adjustments relating to investments in international subsidiaries that we intend to hold indefinitely.