Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 26, 2020

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss (AOCI)

The components of AOCI for the nine months ended September 26, 2020 and September 28, 2019 are as follows (in millions):

	Unrealized (loss) gain on sales hedging		Unrealized gain (loss) on forward interest rate swaps		Foreign currency translation adjustments		Total
Balance at December 31, 2018	$	12	$	—	$	(47)	$	(35)
Other comprehensive income (loss) before reclassifications	41		—		(3)		38
Amounts reclassified from AOCI(1)	(32)		2		—		(30)
Tax effect	(2)		(2)		—		(4)
Other comprehensive income (loss), net of tax	7		—		(3)		4
Balance at September 28, 2019	$	19	$	—	$	(50)	$	(31)
Balance at December 31, 2019	$	2	$	—	$	(46)	$	(44)
Other comprehensive loss before reclassifications	(11)		—		(4)		(15)
Amounts reclassified from AOCI(1)	(6)		—		—		(6)
Tax effect	3		—		—		3
Other comprehensive loss, net of tax	(14)		—		(4)		(18)
Balance at September 26, 2020	$	(12)	$	—	$	(50)	$	(62)

(1) See Note 9, Derivative Instruments regarding timing of reclassifications to operating results.