FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 25, 2017

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 25, 2017						December 31, 2016
	Total		Level 1		Level 2		Total		Level 1		Level 2
Assets
Equity securities	$	48	$	48	$	—	$	79	$	79	$	—
Mutual funds		862		862		—		856		856		—
U.S. Government securities		108		—		108		113		—		113
Other securities		182		—		182		151		—		151
Derivatives		29		—		29		27		—		27
Liabilities
Derivatives		87		—		87		85		—		85
Assets measured at NAV
Other commingled funds		18						—