FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 27, 2022

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):

	March 27, 2022						December 31, 2021
	Total		Level 1		Level 2		Total		Level 1		Level 2
Assets
Mutual funds	$	1,327	$	1,327	$	—	$	1,434	$	1,434	$	—
U.S. Government securities	102		—		102		121		—		121
Other securities	769		588		181		684		492		192
Derivatives	9		—		9		15		—		15
Liabilities
Derivatives	74		—		74		60		—		60
Assets measured at NAV (a)
Other commingled funds	20						20

(a)Net Asset Value (NAV) is the total value of the fund divided by the number of the fund’s shares outstanding.