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Comprehensive Income/(Loss) and Shareholders' Equity
6 Months Ended
Jun. 29, 2024
Stockholders' Equity Note [Abstract]  
Comprehensive Income/(Loss) and Shareholders' Equity Comprehensive Income/(Loss) and Shareholders' Equity
Comprehensive Income/(Loss)
Changes in each component of accumulated other comprehensive income/(loss), net of tax, are as follows:
(In millions)Currency
translation
adjustment
Unrealized gains/(losses) on available-for-sale debt securitiesUnrealized
gains/(losses) on
hedging
instruments
Pension and
other
postretirement
benefit
liability
adjustment
Total
Three months ended June 29, 2024
Balance at March 30, 2024$(2,482)$(1)$(27)$(254)$(2,764)
Other comprehensive income/(loss) before reclassifications
346 — — — 347 
Amounts reclassified from accumulated other comprehensive income/(loss)
— 
Net other comprehensive income/(loss)
349 — 351 
Balance at June 29, 2024$(2,133)$(1)$(26)$(253)$(2,413)
Six months ended June 29, 2024
Balance at December 31, 2023$(2,941)$— $(28)$(255)$(3,224)
Other comprehensive income/(loss) before reclassifications
802 (1)— 802 
Amounts reclassified from accumulated other comprehensive income/(loss)
— 
Net other comprehensive income/(loss)
808 (1)811 
Balance at June 29, 2024$(2,133)$(1)$(26)$(253)$(2,413)