Investments (Tables)

9 Months Ended

Sep. 26, 2020

Investments

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

	September 26,		December 31,
(Millions of dollars)	2020		2019
Domestic equity securities	$	613	$	706
Domestic debt securities		391		409
Foreign equity securities		107		189
Foreign debt securities		57		43
High yield securities		55		56
Collateralized loan obligations		16		15
Money market funds held in trading accounts		2		12
Other trading securities		4		4
Total trading short-term investments	$	1,245	$	1,434