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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 28, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured and Recorded at Fair Value
Assets and liabilities measured and recorded at fair value on a recurring basis consisted of the following (in millions):
June 28, 2020December 31, 2019
TotalLevel 1Level 2TotalLevel 1Level 2
Assets
Mutual funds$1,099  $1,099  $—  $1,363  $1,363  $—  
U.S. Government securities79  —  79  99  —  99  
Other securities346  153  193  319  171  148  
Derivatives50  —  50  18  —  18  
Liabilities
Derivatives28  —  28  23  —  23  
Assets measured at NAV (a)
Other commingled funds18    19    
(a)Net Asset Value (NAV) is the total value of the fund divided by the number of the fund’s shares outstanding.