Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jul. 02, 2016

The components of accumulated other comprehensive loss ("AOCI") for the 6 months ended July 2, 2016 and July 4, 2015 are as follows (in millions):



	Unrealized (losses) gains on sales hedging			Unrealized (losses)/ gains on forward interest rate swaps (1)			Currency translation adjustments			Total
Balance at December 31, 2014	$	5		$	(8	)	$	(6	)	$	(9	)
Other comprehensive income (loss) before reclassifications	7			(7		)	(3		)	(3		)
Amounts reclassified from AOCI to income	(11		)	—			(7		)	(18		)
Tax benefit	1			3			—			4
Other comprehensive loss	(3		)	(4		)	(10		)	(17		)
Balance at July 4, 2015	$	2		$	(12	)	$	(16	)	$	(26	)

Balance at December 31, 2015 (Restated)	$	(1	)	$	(15	)	$	(32	)	$	(48	)
Other comprehensive loss before reclassifications	(11		)	(16		)	(2		)	(29		)
Amounts reclassified from AOCI to income	6			1			—			7
Tax benefit	1			5			—			6
Other comprehensive loss	(4		)	(10		)	(2		)	(16		)
Balance at July 2, 2016 (Restated)	$	(5	)	$	(25	)	$	(34	)	$	(64	)

(1) See Note 9 Derivatives Instruments regarding timing of reclassifications.

Reclassifications out of AOCI to earnings during the 6 months ended July 2, 2016 and July 4, 2015 were as follows (in millions):



		Three Months Ended						Six Months Ended
		July 2, 2016			July 4, 2015			July 2, 2016			July 4, 2015
Comprehensive Income Components	Financial Statement Line Item
Unrealized losses (gains) on sales hedging:
Total before tax	Net sales of tangible products	$	5		$	(5	)	$	6		$	(11	)
Tax (benefit) expense		(1		)	1			(1		)	2
Net of taxes		4			(4		)	5			(9		)
Unrealized losses (gains) on forward interest rate swaps:
Total before tax	Interest expense and other, net	—			—			1			—
Tax expense (benefit)		—			—			—			—
Net of taxes		—			—			1			—
Currency translation adjustments	Foreign exchange loss (gain)	—			(7		)	—			(7		)
Total amounts reclassified from AOCI		$	4		$	(11	)	$	6		$	(16	)