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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 28, 2015
Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured and recorded at fair value on a recurring basis consisted of the following (in millions):

 

  June 28, 2015 December 31, 2014
   Total Level 1 Level 2 Total Level 1     Level 2    

Assets

           

Equity securities

  $ 97     $ 97     $     $ 92     $ 92     $  

Mutual funds

      658           658             696           696        

U.S. Government securities

    115                 115         136                 136     

Other securities

    151             151       153             153  

Derivatives

    27             27       27             27  

Liabilities

           

Derivatives

    28             28       18             18