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LEASE COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
Supplemental operating and finance lease balance sheet information at December 31, 2021 and January 1, 2021 is as follows:
(In millions)December 31, 2021January 1, 2021
Operating Leases
Operating lease ROU assets$769 $766 
Other accrued items109 116 
Operating lease liabilities768 734 
Total operating lease liabilities$877 $850 
Finance Leases
Property, plant and equipment$163 $44 
Accumulated amortization(9)(3)
Property, plant and equipment, net$154 $41 
Current portion of long-term debt$4 $2 
Long-term debt157 35 
Total finance lease liabilities$161 $37 
Schedule of Lease Expense and Supplemental Lease Information
Other supplemental lease information for fiscal 2021 and 2020 is as follows:
Fiscal Year Ended
(In millions, except lease term and discount rate)December 31, 2021January 1, 2021
Cash paid for amounts included in the measurement of lease liabilities
Net cash provided by operating activities - operating lease payments$154 $171 
Net cash provided by operating activities - finance lease interest payments5 2 
Net cash used in financing activities - finance lease obligation payments3 — 
Assets obtained in exchange for new lease obligations
ROU assets obtained with operating leases$260 $103 
Property, plant and equipment obtained with finance leases120 — 
Weighted average remaining lease term (in years)
Operating leases9.88.7
Finance leases23.823.8
Weighted average discount rate
Operating leases3.7 %3.0 %
Finance leases3.1 %4.1 %
Schedule of Future Lease Payments Under Non-cancelable Operating Leases
Future lease payments under non-cancelable operating and finance leases at December 31, 2021 were as follows:
(In millions)Operating LeasesFinance Leases
2022$134 $8 
2023126 8 
2024113 8 
2025102 9 
202681 9 
Thereafter464 190 
Total future lease payments required(1)
1,020 232 
Less: imputed interest143 71 
Total$877 $161 
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(1)Total future lease payments exclude approximately $36 million of future lease payments with lease terms of 1 to 10 years that had not yet commenced as of December 31, 2021.
Schedule of Future Lease Payments Under Non-cancelable Finance Leases
Future lease payments under non-cancelable operating and finance leases at December 31, 2021 were as follows:
(In millions)Operating LeasesFinance Leases
2022$134 $8 
2023126 8 
2024113 8 
2025102 9 
202681 9 
Thereafter464 190 
Total future lease payments required(1)
1,020 232 
Less: imputed interest143 71 
Total$877 $161 
_______________
(1)Total future lease payments exclude approximately $36 million of future lease payments with lease terms of 1 to 10 years that had not yet commenced as of December 31, 2021.