Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss)

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Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 26, 2020
Equity [Abstract]  
Other Comprehensive Income (Loss) [Text Block]
NOTE 11 : OTHER COMPREHENSIVE INCOME (LOSS)
The changes in accumulated other comprehensive income (loss) by component and related tax effects in the first nine months of 2020 were as follows:
(In Millions) Unrealized Holding Gains (Losses) on Derivatives Actuarial Valuation and Other Pension Expenses Translation Adjustments and Other Total
Balance as of December 28, 2019 $ 54  $ (1,382) $ 48  $ (1,280)
Other comprehensive income (loss) before reclassifications
 286  (8) 62  340 
Amounts reclassified out of accumulated other comprehensive
income (loss)		 48  43  —  91 
Tax effects (77) (1) (13) (91)
Other comprehensive income (loss)
 257  34  49  340 
Balance as of September 26, 2020 $ 311  $ (1,348) $ 97  $ (940)
We estimate that we will reclassify approximately $118 million (before taxes) of net derivative gains included in accumulated other comprehensive income (loss) into earnings within the next 12 months.