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Income Taxes
3 Months Ended
Apr. 02, 2016
Income Tax Disclosure [Abstract]  
Income Taxes (Restated)
Income Taxes (Restated)
The Company recognized a tax benefit of $13 million and $33 million for the three months ended April 2, 2016 and April 4, 2015, respectively. The Company’s effective tax rates were 33.3% and 56.5% as of April 2, 2016 and April 4, 2015, respectively. The Company’s effective tax rates differed from the federal statutory rate of 35% primarily due to foreign sourced income mix and non-taxable interest income. The change in the effective tax rates is due to restructuring of legal entities that led to a change in the foreign income mix year over year, new U.S. income inclusions, and unbenefited losses in foreign jurisdictions.