XML 43 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accumulated Other Comprehensive Income (loss) (Tables)
6 Months Ended
Jul. 01, 2017
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss) (AOCI)
The components of accumulated other comprehensive income (loss) (“AOCI”) for the three months ended July 1, 2017 and July 2, 2016 are as follows (in millions):
 
 
Unrealized (loss) gain on sales hedging
 
Unrealized (loss)/ gain on forward interest rate swaps(1)
 
Currency translation adjustments
 
Total
Balance at December 31, 2015
 
$
(1
)
 
$
(15
)
 
$
(32
)
 
$
(48
)
Other comprehensive (loss) income before reclassifications
 
(11
)
 
(16
)
 
(2
)
 
(29
)
Amounts reclassified from AOCI
 
6

 
1

 

 
7

Tax benefit
 
1

 
5

 

 
6

Other comprehensive (loss) income
 
(4
)
 
(10
)
 
(2
)
 
(16
)
Balance at July 2, 2016
 
$
(5
)
 
$
(25
)
 
$
(34
)
 
$
(64
)
 
 
 
 
 
 
 
 
 
Balance at December 31, 2016
 
$
6

 
$
(15
)
 
$
(36
)
 
$
(45
)
Other comprehensive (loss) income before reclassifications
 
(16
)
 
1

 

 
(15
)
Amounts reclassified from AOCI
 
(1
)
 
1

 

 

Tax benefit (expense)
 
3

 

 

 
3

Other comprehensive (loss) income
 
(14
)
 
2

 

 
(12
)
Balance at July 1, 2017
 
$
(8
)
 
$
(13
)
 
$
(36
)
 
$
(57
)

(1) See Note 7, Derivative Instruments regarding timing of reclassifications.