Accumulated Other Comprehensive Loss and Other Comprehensive Income (Tables)

6 Months Ended

Jun. 29, 2013

Accumulated Other Comprehensive Loss and Other Comprehensive Income

Schedule of components of accumulated other comprehensive loss

(In millions)	Foreign Currency Translation Adjustment			Pension Adjustments			Deferred Gains/Losses on Hedge Contracts			Accumulated Other Comprehensive Loss
For the six months ended June 29, 2013
Beginning balance	$	81		$	(1,857	)	$	6		$	(1,770	)
Other comprehensive income before reclassifications	(9		)	—			(11		)	(20		)
Amounts reclassified from Accumulated Other Comprehensive Loss	—			63			(2		)	61
Other comprehensive income	(9		)	63			(13		)	41
Ending balance	$	72		$	(1,794	)	$	(7	)	$	(1,729	)
For the six months ended June 30, 2012
Beginning balance	$	79		$	(1,711	)	$	7		$	(1,625	)
Other comprehensive income before reclassifications	(13		)	—			6			(7		)
Amounts reclassified from Accumulated Other Comprehensive Loss	—			42			(9		)	33
Other comprehensive income	(13		)	42			(3		)	26
Ending balance	$	66		$	(1,669	)	$	4		$	(1,599	)

Schedule of before and after-tax components of Other Comprehensive Income

(In millions)	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
For the three months ended June 29, 2013
Pension adjustments:
Amortization of net actuarial loss*	$	47		$	(16	)	$	31
Amortization of prior service cost*	1			(1		)	—
Pension adjustments, net	48			(17		)	31
Deferred gains/losses on hedge contracts:
Current deferrals	(8		)	2			(6		)
Reclassification adjustments	(1		)	1			—
Deferred gains/losses on hedge contracts, net	(9		)	3			(6		)
Foreign currency translation adjustment	—			1			1
Total	$	39		$	(13	)	$	26
For the three months ended June 30, 2012
Pension adjustments:
Amortization of net actuarial loss*	$	31		$	(11	)	$	20
Amortization of prior service cost*	1			—			1
Pension adjustments, net	32			(11		)	21
Deferred gains/losses on hedge contracts:
Current deferrals	(1		)	1			—
Reclassification adjustments	(4		)	1			(3		)
Deferred gains/losses on hedge contracts, net	(5		)	2			(3		)
Foreign currency translation adjustment	(7		)	(9		)	(16		)
Total	$	20		$	(18	)	$	2
For the six months ended June 29, 2013
Pension adjustments:
Amortization of net actuarial loss*	$	95		$	(33	)	$	62
Amortization of prior service cost*	2			(1		)	1
Pension adjustments, net	97			(34		)	63
Deferred gains/losses on hedge contracts:
Current deferrals	(14		)	3			(11		)
Reclassification adjustments	(3		)	1			(2		)
Deferred gains/losses on hedge contracts, net	(17		)	4			(13		)
Foreign currency translation adjustment	(2		)	(7		)	(9		)
Total	$	78		$	(37	)	$	41
For the six months ended June 30, 2012
Pension adjustments:
Amortization of net actuarial loss*	$	62		$	(22	)	$	40
Amortization of prior service cost*	2			—			2
Pension adjustments, net	64			(22		)	42
Deferred gains/losses on hedge contracts:
Current deferrals	7			(1		)	6
Reclassification adjustments	(12		)	3			(9		)
Deferred gains/losses on hedge contracts, net	(5		)	2			(3		)
Foreign currency translation adjustment	(10		)	(3		)	(13		)
Total	$	49		$	(23	)	$	26

*These components of other comprehensive income are included in the computation of net periodic pension cost.  See Note 13 of our 2012 Annual Report on Form 10-K for additional information.