Other Comprehensive Income (Loss)

9 Months Ended

Jul. 03, 2021

OTHER COMPREHENSIVE INCOME (LOSS)

The before and after-tax changes in the components of other comprehensive income (loss) are as follows (in millions):


	Three Months Ended												Nine Months Ended
	July 3, 2021						June 27, 2020						July 3, 2021						June 27, 2020
	Before Tax		Tax		After Tax		Before Tax		Tax		After Tax		Before Tax		Tax		After Tax		Before Tax		Tax		After Tax

Derivatives accounted for as cash flow hedges:
(Gain) loss reclassified to interest expense	$	—	$	—	$	—	$	1	$	—	$	1	$	1	$	—	$	1	$	3	$	(1)	$	2
(Gain) loss reclassified to cost of sales	—		—		—		7		(2)		5		1		—		1		14		(3)		11
Unrealized gain (loss)	—		—		—		(8)		3		(5)		—		—		—		(20)		6		(14)

Investments:

Unrealized gain (loss)	—		—		—		1		—		1		(1)		—		(1)		1		—		1

Currency translation:

Translation adjustment	25		—		25		10		—		10		51		—		51		(60)		1		(59)


Postretirement benefits:
Unrealized gain (loss)	1		(1)		—		1		—		1		3		(1)		2		2		—		2
Pension settlement reclassified to other (income) expense	—		—		—		—		—		—		—		—		—		(58)		15		(43)
Total other comprehensive income (loss)	$	26	$	(1)	$	25	$	12	$	1	$	13	$	55	$	(1)	$	54	$	(118)	$	18	$	(100)