Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jul. 02, 2021

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents [Table Text Block]

The following tables provide a summary of cash, cash equivalents, restricted cash and restricted cash equivalents that constitute the total amounts shown in our condensed consolidated statements of cash flows (in millions):

	July 2, 2021		December 31, 2020
Cash and cash equivalents	$	9,188	$	6,795
Restricted cash and restricted cash equivalents included in other assets1	320		315
Cash, cash equivalents, restricted cash and restricted cash equivalents	$	9,508	$	7,110

1 Amounts represent restricted cash and restricted cash equivalents in our solvency capital portfolio set aside primarily to cover pension obligations in certain of our European and Canadian pension plans. Refer to Note 4.

	June 26, 2020		December 31, 2019
Cash and cash equivalents	$	10,037	$	6,480
Restricted cash and restricted cash equivalents included in other assets1	392		257
Cash, cash equivalents, restricted cash and restricted cash equivalents	$	10,429	$	6,737

1 Amounts represent restricted cash and restricted cash equivalents in our solvency capital portfolio set aside primarily to cover pension obligations in certain of our European and Canadian pension plans. Refer to Note 4