Nature of Operations and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 27, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]

The changes in the allowance for doubtful accounts are as follows:

	Six Months Ended
	June 27,		June 29,
(In millions)	2020		2019
Balance at Beginning of Year	$	102	$	117
Cumulative effect of accounting change	1		—
Provision charged to expense	30		8
Accounts written off	(18)		(10)
Acquisitions, currency translation and other	(2)		(2)
Balance at End of Period	$	113	$	113

Contract with Customer, Asset and Liability [Table Text Block]

Contract asset and liability balances are as follows:

	June 27,		December 31,
(In millions)	2020		2019
Current Contract Assets, Net	$	686	$	603
Noncurrent Contract Assets, Net	14		17
Current Contract Liabilities	975		916
Noncurrent Contract Liabilities	624		594

Warranty Obligations [Table Text Block]

Warranty Obligations

The liability for warranties is included in other accrued expenses in the accompanying balance sheet. The changes in the carrying amount of standard product warranty obligations are as follows:

	Six Months Ended
	June 27,		June 29,
(In millions)	2020		2019
Balance at Beginning of Year	$	93	$	92
Provision charged to expense	41		53
Usage	(46)		(55)
Adjustments to previously provided warranties, net	(1)		(1)
Currency translation	(1)		—
Balance at End of Period	$	86	$	89

Inventories [Table Text Block]

Inventories

The components of inventories are as follows:

	June 27,		December 31,
(In millions)	2020		2019
Raw Materials	$	1,159	$	971
Work in Process	533		517
Finished Goods	1,956		1,882
Inventories	$	3,648	$	3,370