Equity (Tables)

12 Months Ended

Jan. 02, 2021

Equity [Abstract]

Reclassification out of AOCI

Details about AOCI Components	Amount reclassified from AOCI						Line item impacted within Income Statement
(millions)	2020		2019		2018
(Gains) and losses on cash flow hedges:
Interest rate contracts	$	14	$	4	$	8	Interest expense
	$	14	$	4	$	8	Total before tax
	(4)		(1)		(2)		Tax expense (benefit)
	$	10	$	3	$	6	Net of tax
Amortization of postretirement and postemployment benefits:
Net experience (gains)	$	(3)	$	(5)	$	(5)	OIE
Prior service (credit) cost	(1)		(1)		—		OIE
	$	(4)	$	(6)	$	(5)	Total before tax
	1		1		1		Tax expense (benefit)
	$	(3)	$	(5)	$	(4)	Net of tax
(Gains) losses on available-for-sale securities
Corporate bonds	$	—	$	(4)	$	—	OIE
	$	—	$	(4)	$	—	Total before tax
	—		—		—		Tax expense (benefit)
	$	—	$	(4)	$	—	Net of tax
Total reclassifications	$	7	$	(6)	$	2	Net of tax

Summary of Accumulated Other Comprehensive Income (Loss)

(millions)	January 2, 2021		December 28, 2019
Foreign currency translation adjustments	$	(1,668)	$	(1,399)
Cash flow hedges — unrealized net gain (loss)	(57)		(60)
Postretirement and postemployment benefits:
Net experience gain (loss)	2		7
Prior service credit (cost)	(12)		4
Available-for-sale securities unrealized net gain (loss)	3		—
Total accumulated other comprehensive income (loss)	$	(1,732)	$	(1,448)