SUPPLEMENTAL BALANCE SHEET DATA (Tables)

6 Months Ended

Jul. 04, 2021

Balance Sheet Related Disclosures [Abstract]

Schedule of Other Assets

Other assets included the following:

In millions	July 4, 2021		December 31, 2020
Corporate owned life insurance	$	482	$	508
Operating lease assets	458		438
Deferred income taxes	436		479
Other	304		308
Other assets	$	1,680	$	1,733

Accrued Expenses

Other accrued expenses included the following:

In millions	July 4, 2021		December 31, 2020
Marketing accruals	$	267	$	242
Other taxes payable	238		256
Current portion of operating lease liabilities	128		128
Income taxes payable	92		82
Other	361		404
Other accrued expenses	$	1,086	$	1,112

Other Noncurrent Liabilities

Other liabilities included the following:

In millions	July 4, 2021		December 31, 2020
Operating lease liabilities	$	332	$	325
Deferred income taxes	321		325
One-time transition tax	255		289
Accrued compensation	198		203
Mark-to-market valuation on interest rate locks	5		41
Other long-term liabilities	361		365
Other liabilities	$	1,472	$	1,548