Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.21.1
Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 27, 2021
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The changes in accumulated other comprehensive income (loss) by component and related tax effects in the first three months of 2021 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 26, 2020 $ 731  $ (1,565) $ 83  $ (751)
Other comprehensive income (loss) before reclassifications (334) 5  (19) (348)
Amounts reclassified out of accumulated other comprehensive income (loss) (95) 16  —  (79)
Tax effects 79  (8) 4  75 
Other comprehensive income (loss) (350) 13  (15) (352)
Balance as of March 27, 2021 $ 381  $ (1,552) $ 68  $ (1,103)