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Shareholders' Equity
 9 Months Ended
Oct. 03, 2021
Equity [Abstract]  
Shareholders' Equity SHAREHOLDERS’ EQUITY
Share Repurchases. Our board of directors from time to time authorizes management to repurchase outstanding shares of our common stock on the open market. On June 2, 2021, the board of directors authorized management to repurchase up to 10 million additional shares of the company’s outstanding stock. In the nine-month period ended October 3, 2021, we repurchased 8.5 million of our outstanding shares for $1.5 billion. On October 3, 2021, 13.8 million shares remained authorized by our board of directors for repurchase, representing 5% of our total shares outstanding. We repurchased 3.4 million shares for $501 in the nine-month period ended September 27, 2020.
Dividends per Share. Our board of directors declared dividends of $1.19 and $3.57 per share for the three- and nine-month periods ended October 3, 2021, and $1.10 and $3.30 per share for the three- and
nine-month periods ended September 27, 2020, respectively. We paid cash dividends of $332 and $983 for the three- and nine-month periods ended October 3, 2021, and $315 and $925 for the three- and nine-month periods ended September 27, 2020, respectively.
Accumulated Other Comprehensive Loss. The changes, pretax and net of tax, in each component of accumulated other comprehensive loss (AOCL) consisted of the following:
(Losses) Gains on Cash Flow HedgesForeign Currency Translation AdjustmentsChanges in Retirement Plans’ Funded StatusAOCL
December 31, 2020$272 $641 $(4,463)$(3,550)
Other comprehensive income, pretax(134)(77)260 49 
Provision for income tax, net36 — (56)(20)
Other comprehensive income, net of tax(98)(77)204 29 
October 3, 2021$174 $564 $(4,259)$(3,521)
December 31, 2019$2 $288 $(4,108)$(3,818)
Other comprehensive income, pretax181 60 247 488 
Provision for income tax, net(49)— (52)(101)
Other comprehensive income, net of tax132 60 195 387 
September 27, 2020$134 $348 $(3,913)$(3,431)
Amounts reclassified out of AOCL related primarily to changes in our retirement plans’ funded status and included pretax recognized net actuarial losses and amortization of prior service credit. See Note N for these amounts, which are included in our net periodic pension and other post-retirement benefit cost.