Derivative Financial Instruments and Hedging Activities (Tables)

12 Months Ended

Jan. 02, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Derivative Instruments (Gain) Loss

The following table provides the (gains) losses related to derivative instruments designated as cash flow hedges, including the location in the Consolidated Statements of Comprehensive Income and Consolidated Statements of Earnings (in millions):

				Pre-tax (Gain) Loss Recognized				Ineffective Portion of
	Pre-tax (Gain) Loss			in Earnings on Effective Portion				(Gain) Loss on Derivative
	Recognized in Other			of Derivative as a Result of				and Amount Excluded from
	Comprehensive			Reclassification from				Effectiveness Testing
For the	Income on Effective			Accumulated Other				Recognized
year ended	Portion of Derivative			Comprehensive Income				in Earnings
January 2, 2016	Amount			Amount			Location	Amount		Location
Derivatives in Cash Flow Hedging Relationships
Foreign currency forward contracts	$	(23	)	$	(10	)	Cost of sales	$	—	Cost of sales

Derivative Instruments, Gain (Loss), Not Designated as Hedging Instrument

The following table provides the (gains) losses related to derivative instruments not designated as hedging instruments, including the location in the Consolidated Statements of Earnings (in millions):

Derivatives Not Designated as	(Gain) Loss Recognized in Earnings
Hedging Instruments	2015			2014			2013			Location
Foreign currency forward contracts	$	(10	)	$	(9	)	$	(15	)	Other (income) expense

Schedule of Fair Value of Derivative Instruments in Statement of Financial Position

The following table summarizes the fair value of the Company’s derivative instruments and their locations in the Consolidated Balance Sheets as of January 2, 2016 (in millions):

Fair Value of Derivative Instruments	Amount			Location
Derivatives Designated as Hedging Instruments
Foreign currency forward contracts	$	14		Other current assets
	2			Other assets
	(6		)	Other current liabilities
	(3		)	Other liabilities
Derivatives Not Designated as Hedging Instruments
Foreign currency forward contracts	—			Other current assets
	—			Other current liabilities
Total	$	7

Schedule of Offsetting Derivative Assets

The following table provides information as though the Company had elected to offset the asset and liability balances of derivative instruments, netted in accordance with various criteria in the event of default or termination as stipulated by the terms of the netting arrangements with each of the counterparties as of January 2, 2016 (in millions):

			Gross Amounts not Offset in the Consolidated Balance Sheets that are Subject to Master Netting Agreements
			Gross Amount of
			Eligible Offsetting
	Gross Amount of		Recognized
	Derivative Assets		Derivative Liabilities				Net
	Presented in the		Presented in the		Cash		Amount of
	Consolidated		Consolidated		Collateral		Derivative
Derivatives as of January 2, 2016	Balance Sheets		Balance Sheets		Received		Assets
Derivatives subject to master netting agreements	$	3	$	1	$	—	$	2
Derivatives not subject to master netting agreements	13						13
Total	$	16	$	1	$	—	$	15
			Gross Amounts not Offset in the Consolidated Balance Sheets that are Subject to Master Netting Agreements
			Gross Amount of
			Eligible Offsetting
	Gross Amount of		Recognized
	Derivative Liabilities		Derivative Assets				Net
	Presented in the		Presented in the		Cash		Amount of
	Consolidated		Consolidated		Collateral		Derivative
Derivatives as of January 2, 2016	Balance Sheets		Balance Sheets		Pledged		Liabilities
Derivatives subject to master netting agreements	$	1	$	1	$	—	$	—
Derivatives not subject to master netting agreements	8						8
Total	$	9	1		$	—	$	8