FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 26, 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):

	June 26, 2022						December 31, 2021
	Total		Level 1		Level 2		Total		Level 1		Level 2
Assets
Mutual funds	$	1,108	$	1,108	$	—	$	1,434	$	1,434	$	—
U.S. Government securities	101		—		101		121		—		121
Other securities	627		415		212		684		492		192
Derivatives	58		—		58		15		—		15
Liabilities
Derivatives	183		—		183		60		—		60
Assets measured at NAV (a)
Other commingled funds	—						20

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