Fair Value Of Financial Instruments (Tables)

6 Months Ended

Jul. 01, 2012

Carrying And Fair Values Of Other Financial Assets And Liabilities

The following tables present the fair values of our other financial assets and liabilities on December 31, 2011, and July 1, 2012, and the basis for determining their fair values:

	Carrying Value			Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2) (b)
Financial assets (liabilities) (a)	December 31, 2011
Marketable securities:
Available-for-sale	$	70		$	70		$	8	$	62
Held-to-maturity		178			175			—		175
Other investments		145			145			89		56
Derivatives		34			34			—		34
Long-term debt, including current portion		(3,930	)		(4,199	)		—		(4,199	)
	July 1, 2012
Marketable securities:
Available-for-sale	$	68		$	68		$	28	$	40
Held-to-maturity		316			316			—		316
Other investments		146			146			84		62
Derivatives		1			1			—		1
Long-term debt, including current portion		(3,933	)		(4,174	)		—		(4,174	)

(a) We had no Level 3 financial instruments on December 31, 2011, or July 1, 2012.

(b) Determined under a market approach using valuation models that incorporate observable inputs such as interest rates, bond yields and quoted prices for similar assets and liabilities.