Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 29, 2023

Stockholders' Equity Note [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in AOCL, net of tax, by component

Dollars in millions	Accumulated foreign currency translation adjustments		Accumulated pension liability adjustments		Changes in fair value of derivatives		Total
Balance at December 31, 2022	$	(352)	$	(568)	$	38	$	(882)
Other comprehensive income adjustments before reclassifications	5		—		29		34
Amounts reclassified from AOCL	—		1		(14)		(13)
Net other comprehensive income	5		1		15		21
Balance at September 29, 2023	$	(347)	$	(567)	$	53	$	(861)

Dollars in millions	Accumulated foreign currency translation adjustments		Accumulated pension liability adjustments		Changes in fair value of derivatives		Total
Balance at December 31, 2021	$	(296)	$	(581)	$	(4)	$	(881)
Other comprehensive income (loss) adjustments before reclassifications	(120)		—		39		(81)
Amounts reclassified from AOCL	7		15		6		28
Net other comprehensive income (loss)	(113)		15		45		(53)
Balance at September 30, 2022	$	(409)	$	(566)	$	41	$	(934)

Schedule of Reclassification Out of Accumulated Other Comprehensive Income

Reclassifications out of AOCL, net of tax, by component

	Nine Months Ended
	September 29,		September 30,
Dollars in millions	2023		2022		Affected line item on the Condensed Consolidated Statements of Operations
Accumulated foreign currency adjustments
Reclassification of foreign currency adjustments	$	—	$	(7)	Net income attributable to noncontrolling interests and Gain on disposition of assets and investments
Tax benefit	—		—		Provision for income taxes
Net accumulated foreign currency	$	—	$	(7)	Net of tax
Accumulated pension liability adjustments
Amortization of prior service cost	$	(1)	$	(1)	See (a) below
Recognized actuarial loss	—		(17)		See (a) below
Tax benefit	—		3		Provision for income taxes
Net pension and post-retirement benefits	$	(1)	$	(15)	Net of tax
Changes in fair value for derivatives
Foreign currency hedge and interest rate swap settlements	$	17	$	(7)	Other non-operating expense
Tax benefit (expense)	(3)		1		Provision for income taxes
Net changes in fair value of derivatives	$	14	$	(6)	Net of tax

(a)This item is included in the computation of net periodic pension cost. See Note 8 "Retirement Benefits" to our condensed consolidated financial statements for further discussion.