STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 25, 2016

Schedule of Stockholders' Equity

The following table reflects the changes in stockholders’ equity.

(In millions)
Stockholders’ equity at December 26, 2015	$	1,603
Net income		256
Repurchase of common stock for treasury		(26	)
Other comprehensive income		11
Amortization of long-term incentive stock grants		16
Stockholders’ equity at June 25, 2016	$	1,860

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 and Other			Total
Balance at December 26, 2015	$	108	$	(78	)	$	30
Other comprehensive income (loss) activity before reclassifications		12		(1	)		11
Net other comprehensive income (loss)		12		(1	)		11
Balance at June 25, 2016	$	120	$	(79	)	$	41