Investments (Tables)

6 Months Ended

Jun. 27, 2020

Investments

Summary of the estimated fair value of short-term investments classified as trading securities

	June 27,		December 31,
(Millions of dollars)	2020		2019
Domestic equity securities	$	546	$	706
Domestic debt securities		389		409
Foreign equity securities		100		189
Foreign debt securities		54		43
High yield securities		46		56
Money market funds held in trading accounts		24		12
Collateralized loan obligations		14		15
Other trading securities		5		4
Total trading short-term investments	$	1,178	$	1,434