Tax Matters (Tables)

3 Months Ended

Apr. 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
(MILLIONS)	April 2, 2023		April 3, 2022
Foreign currency translation adjustments, net(a)	$	(25)	$	(72)
Unrealized holding gains/(losses) on derivative financial instruments, net	3		32
Reclassification adjustments for (gains)/losses included in net income	21		(22)
	24		10
Unrealized holding gains/(losses) on available-for-sale securities, net	11		(17)
Reclassification adjustments for (gains)/losses included in net income	(64)		29
	(53)		12
Reclassification adjustments related to amortization of prior service costs and other, net	(7)		(9)
Reclassification adjustments related to curtailments of prior service costs and other, net	(1)		(2)
	(9)		(11)
Tax provision/(benefit) on other comprehensive income/(loss)	$	(63)	$	(60)

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