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Shareholders' Equity (Tables)
 12 Months Ended
Dec. 29, 2018
Shareholders' Equity  
Capital Stock

                                                                                                                                                                                                                                                        

(In thousands)

 

 

 
2018

 
2017

 
2016

Balance at beginning of year

 

 

 
261,471

 
270,287

 
274,228

Share repurchases

 

 

 
(29,094)

 
(11,917)

 
(6,898)

Share-based compensation activity

 

 

 
3,244

 
3,101

 
2,957

 

 

 

 

 

 

 

 

 

Balance at end of year

 

 

 
235,621

 
261,471

 
270,287

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding for basic and diluted EPS

                                                                                                                                                                                                                                                           

(In thousands)

 

 

 
2018

 
2017

 
2016

Basic weighted-average shares outstanding

 

 

 
250,196

 
266,380

 
270,774

Dilutive effect of stock options

 

 

 
3,041

 
2,370

 
1,591

 

 

 

 

 

 

 

 

 

Diluted weighted-average shares outstanding

 

 

 
253,237

 
268,750

 
272,365

 

 

 

 

 

 

 

 

 

 

Schedule of components of Accumulated Other Comprehensive Loss

                                                                                                                                                                                                                                                                                 

(In millions)

 

Pension and
Postretirement
Benefits
Adjustments

 

Foreign
Currency
Translation
Adjustments

 

Deferred
Gains (Losses)
on Hedge
Contracts

 

Accumulated
Other
Comprehensive
Loss

Balance at December 31, 2016

$
(1,505)

$
(96)

$
(4)

$
(1,605)

Other comprehensive income before reclassifications

 
16

 
107

 
8

 
131

Reclassified from Accumulated other comprehensive loss

 
93

 

—

 
6

 
99

 

 

 

 

 

 

 

 

 

Balance at December 30, 2017

$
(1,396)

$
11

$
10

$
(1,375)

Other comprehensive income before reclassifications

 
(198)

 
(49)

 
(8)

 
(255)

Reclassified from Accumulated other comprehensive loss

 
124

 
6

 
(5)

 
125

Reclassification of stranded tax effects

 
(257)

 

—

 

—

 
(257)

 

 

 

 

 

 

 

 

 

Balance at December 29, 2018

$
(1,727)

$
(32)

$
(3)

$
(1,762)

 

 

 

 

 

 

 

 

 

 

Schedule of before and after-tax components of other comprehensive income (loss)

                                                                                                                                                                                                                                                                                                                                                                         

 

 

2018

 

2017

 

2016

(In millions)

 

Pre-Tax
Amount

 

Tax
(Expense)
Benefit

 

After-
Tax
Amount

 

Pre-Tax
Amount

 

Tax
(Expense)
Benefit

 

After-
Tax
Amount

 

Pre-Tax
Amount

 

Tax
(Expense)
Benefit

 

After-
Tax
Amount

Pension and postretirement benefits adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains (losses)

$
(248)

$
58

$
(190)

$
18

$
(1)

$
17

$
(382)

$
135

$
(247)

Amortization of net actuarial loss*

 
152

 
(35)

 
117

 
136

 
(48)

 
88

 
104

 
(39)

 
65

Amortization of prior service cost (credit)*

 
9

 
(2)

 
7

 
7

 
(2)

 
5

 
(7)

 
4

 
(3)

Recognition of prior service credit (cost)

 
(20)

 
5

 
(15)

 
(1)

 

—

 
(1)

 
12

 
(5)

 
7

Business disposition

 
7

 

—

 
7

 

—

 

—

 

—

 

—

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefits adjustments, net

 
(100)

 
26

 
(74)

 
160

 
(51)

 
109

 
(273)

 
95

 
(178)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments

 
(46)

 
(3)

 
(49)

 
100

 
7

 
107

 
(36)

 
(13)

 
(49)

Business disposition

 
6

 

—

 
6

 

—

 

—

 

—

 

—

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments, net

 
(40)

 
(3)

 
(43)

 
100

 
7

 
107

 
(36)

 
(13)

 
(49)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred gains (losses) on hedge contracts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current deferrals

 
(8)

 

—

 
(8)

 
10

 
(2)

 
8

 
11

 
(4)

 
7

Reclassification adjustments

 
(7)

 
2

 
(5)

 
7

 
(1)

 
6

 
17

 
(4)

 
13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred gains (losses) on hedge contracts, net

 
(15)

 
2

 
(13)

 
17

 
(3)

 
14

 
28

 
(8)

 
20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$
(155)

$
25

$
(130)

$
277

$
(47)

$
230

$
(281)

$
74

$
(207)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*These components of other comprehensive income (loss) are included in the computation of net periodic pension cost. See Note 14 for additional information.