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Fair Value Measurements (Tables)
 9 Months Ended
Oct. 01, 2021
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Carried At Fair Value
A summary of financial assets and liabilities that are measured at fair value on a recurring basis were as follows ($ in millions):
Balance, October 1, 2021Quoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Assets:
Available-for-sale debt securities$21 $— $21 $— 
Investment in equity securities318 74 — — 
Liabilities:
Cross-currency swap derivative contracts133 — 133 — 
Deferred compensation plans123 — 123 — 
Balance, December 31, 2020Quoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Assets:
Available-for-sale debt securities$27 $— $27 $— 
Investment in equity securities176 6 — — 
Liabilities:
Cross-currency swap derivative contracts622 — 622 — 
Deferred compensation plans111 — 111 — 
Carrying Amounts And Fair Values Of Financial Instruments
The carrying amounts and fair values of the Company’s financial instruments were as follows ($ in millions):
 October 1, 2021December 31, 2020
 Carrying AmountFair ValueCarrying AmountFair Value
Assets:
Available-for-sale debt securities$21 $21 $27 $27 
Investment in equity securities318 318 176 176 
Liabilities:
Cross-currency swap derivative contracts133 133 622 622 
Notes payable and current portion of long-term debt7 7 11 11 
Long-term debt23,591 24,478 21,193 23,004