Derivative Instruments and Fair Value Measurements (Tables)

6 Months Ended

Jul. 01, 2023

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:

	July 1, 2023				December 31, 2022
	Carrying		Estimated		Carrying		Estimated
(In millions)	Value		Fair Value		Value		Fair Value
Manufacturing group
Debt, excluding leases	$	(3,174)	$	(2,904)	$	(3,175)	$	(2,872)
Finance group
Finance receivables, excluding leases	405		396		390		369
Debt	(354)		(281)		(375)		(294)