STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 28, 2015

Schedule of Stockholders' Equity

The following table reflects the changes in stockholders’ equity.

(In millions)
Stockholders’ equity at December 27, 2014	$	1,621
Net income		45
Other comprehensive income		(54	)
Share transactions under employee-related plans		1
Amortization of long-term incentive stock grants		9
Stockholders’ equity at March 28, 2015	$	1,622

Accumulated Other Comprehensive Income (Loss) Activity, Net of Tax

Accumulated other comprehensive income (loss) activity, net of tax, where applicable, is provided in the following table:

(In millions)	Foreign Currency Translation Adjustments			Change in Deferred Pension			Total
Balance at December 27, 2014	$	186		$	(79	)	$	107
Other comprehensive loss activity before reclassifications		(53	)		—			(53	)
Reclassifications from Accumulated other comprehensive income (loss) to net income		(1	)		—			(1	)
Net other comprehensive loss		(54	)		—			(54	)
Balance at March 28, 2015	$	132		$	(79	)	$	53