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Derivative Instruments (Tables)
6 Months Ended
Jul. 03, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets and Liabilities The following table presents the fair value of its derivative instruments (in millions):
Asset (Liability)
Fair Values as of
Balance Sheet ClassificationJuly 3,
2021
December 31,
2020
Derivative instruments designated as hedges:
    Foreign exchange contractsPrepaid expenses and other current assets$$— 
    Foreign exchange contractsAccrued liabilities— (34)
Total derivative instruments designated as hedges$$(34)
Derivative instruments not designated as hedges:
    Foreign exchange contractsPrepaid expenses and other current assets$$— 
    Foreign exchange contractsAccrued liabilities— (3)
    Forward interest rate swapsAccrued liabilities(17)(17)
    Forward interest rate swapsOther long-term liabilities(16)(29)
Total derivative instruments not designated as hedges$(31)$(49)
Total net derivative liability$(22)$(83)
Schedule of (Losses) Gains Recognized in Income The following table presents the net (losses) gains from changes in fair values of derivatives that are not designated as hedges (in millions):
(Losses) Gains Recognized in Income
 Three Months EndedSix Months Ended
Statements of Operations ClassificationJuly 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020
Derivative instruments not designated as hedges:
Foreign exchange contractsForeign exchange (loss) gain$(6)$(7)$— $(8)
Forward interest rate swapsInterest expense, net(3)(7)(42)
Total (losses) gains recognized in income$(9)$(14)$$(50)
Schedule of Notional Values and Net Fair Value of Forward Contracts The notional values and the net fair value of these outstanding contracts are as follows (in millions):
 July 3,
2021
December 31,
2020
Notional balance of outstanding contracts:
British Pound/U.S. Dollar£34 £10 
Euro/U.S. Dollar120 123 
Euro/Czech Koruna16 — 
Japanese Yen/U.S. Dollar¥— ¥354 
Singapore Dollar/U.S. DollarS$16 S$12 
Mexican Peso/U.S. DollarMex$55 Mex$36 
Polish Zloty/U.S. Dollar79 — 
Net fair value of assets (liabilities) of outstanding contracts$$(3)