Derivative Instruments and Fair Value Measurements (Tables)

12 Months Ended

Jan. 02, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Carrying Value and Estimated Fair Value of Financial Instruments

The carrying value and estimated fair value of our financial instruments that are not reflected in the financial statements at fair value are as follows:

	January 2, 2021				January 4, 2020
(In millions)	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Manufacturing group
Debt, excluding leases	$	(3,690)	$	(3,986)	$	(3,097)	$	(3,249)
Finance group
Finance receivables, excluding leases	549		599		493		527
Debt	(662)		(587)		(686)		(634)