Income Taxes

3 Months Ended

Mar. 30, 2012

Income Taxes [Abstract]

Income Taxes

10.  Income Taxes

The Company and its subsidiaries file income tax returns in the U.S. Federal jurisdiction and various state and foreign jurisdictions. As of March 30, 2012, the statutes of limitations for the Company’s U.S. Federal income tax returns for the years ended December 31, 2008 through 2010 were open. As of March 30, 2012, the Company anticipates that unrecognized tax benefits will decrease by approximately $29 million over the next 12 months due to the potential resolution of unrecognized tax benefits involving several jurisdictions and tax periods. The actual amount could vary significantly depending on the ultimate timing and nature of any settlement.

Non-current income taxes payable include accrued potential interest of $15 million ($9 million after income taxes) at March 30, 2012 and $14 million ($8 million after income taxes) at December 31, 2011, respectively, and potential penalties of $12 million and $13 million at March 30, 2012 and December 31, 2011, respectively.