Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.23.2
Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jul. 01, 2023
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 six months of 2023 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 31, 2022 $ (299) $ (259) $ (4) $ (562)
Other comprehensive income (loss) before reclassifications (191) —  5  (186)
Amounts reclassified out of accumulated other comprehensive income (loss) 218  3  —  221 
Tax effects (16) —  (1) (17)
Other comprehensive income (loss) 11  3  4  18 
Balance as of July 1, 2023 $ (288) $ (256) $ —  $ (544)