STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jul. 01, 2017

Schedule of Stockholders' Equity

The following table reflects the changes in Stockholders’ equity.

(In millions)
Stockholders’ equity at December 31, 2016	$	1,852
Net income		140
Repurchase of common stock for treasury		(17	)
Dividends paid on common stock		(26	)
Share purchase for taxes, net of proceeds on employee-related plans		(14	)
Other comprehensive income		23
Amortization of long-term incentive stock grants		17
Stockholders’ equity at July 1, 2017	$	1,975

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 31, 2016	$	(67	)	$	(62	)	$	(129	)
Other comprehensive income activity before reclassifications		18			—			18
Reclassification of foreign currency translation adjustments realized upon disposal of business		5			—			5
Balance at July 1, 2017	$	(44	)	$	(62	)	$	(106	)