XML 73 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Financial Instruments (Tables)
9 Months Ended
Sep. 27, 2013
Investments All Other Investments [Abstract]  
Carrying Amounts and Estimated Fair Values of Company's Long-Term Debt and Foreign Currency Forward Contracts

The carrying amounts and estimated fair values of the Company’s financial instruments are presented in the table below.

 

     September 27, 2013      December 31, 2012  
     Carrying
Amount
     Estimated
Fair Value
     Carrying
Amount
     Estimated
Fair Value
 
     (in millions)  

Senior Notes(1)

   $ 2,941      $ 3,131      $ 2,940      $ 3,301  

CODES(1)

     689        752        689        697  

Foreign currency forward contracts(2)

     6        6        5        5  

 

(1) 

The Company measures the fair value of its Senior Notes and CODES using Level 2 inputs based primarily on current market yields for its existing debt traded in the secondary market.

 

(2) 

See Note 16 for additional disclosures regarding the notional amounts and fair values of foreign currency forward contracts.