Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.20.1
Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 28, 2020
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 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 29, 2019
 
$
54

 
$
(1,382
)
 
$
48

 
$
(1,280
)
Other comprehensive income (loss) before reclassifications
 
(373
)
 
3

 
(6
)
 
(376
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 
68

 
14

 
—

 
82

Tax effects
 
37

 
(5
)
 
1

 
33

Other comprehensive income (loss)
 
(268
)
 
12

 
(5
)
 
(261
)
Balance as of March 28, 2020
 
$
(214
)
 
$
(1,370
)
 
$
43

 
$
(1,541
)