Derivative Instruments and Fair Value Measurements (Tables)

9 Months Ended

Oct. 01, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Carrying Value and Estimated and 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:

	October 1, 2022				January 1, 2022
	Carrying		Estimated		Carrying		Estimated
(In millions)	Value		Fair Value		Value		Fair Value
Manufacturing group
Debt, excluding leases	$	(3,177)	$	(2,826)	$	(3,181)	$	(3,346)
Finance group
Finance receivables, excluding leases	391		363		413		444
Debt	(380)		(294)		(582)		(546)