Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Other Comprehensive Income (Loss) [Text Block]


Note 15 :			Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component and related tax effects for each period were as follows:


(In Millions)												Unrealized Holding Gains (Losses) on Derivatives						Actuarial Valuation and Other Pension Expenses						Translation Adjustments and Other						Total


December 28, 2019												$	54					$	(1,382)					$	48					$	(1,280)
Other comprehensive income (loss) before reclassifications												806						(323)						55						538
Amounts reclassified out of accumulated other comprehensive income (loss)												(8)						89						(11)						70
Tax effects												(121)						51						(9)						(79)
Other comprehensive income (loss)												677						(183)						35						529
December 26, 2020												731						(1,565)						83						(751)


Other comprehensive income (loss) before reclassifications												(434)						476						(58)						(16)
Amounts reclassified out of accumulated other comprehensive income (loss)												(226)						101						(19)						(144)
Tax effects												140						(126)						17						31
Other comprehensive income (loss)												(520)						451						(60)						(129)
December 25, 2021												211						(1,114)						23						(880)
Other comprehensive income (loss) before reclassifications												(910)						923						(28)						(15)
Amounts reclassified out of accumulated other comprehensive income (loss)												410						82						(6)						486
Tax effects												(10)						(150)						7						(153)
Other comprehensive income (loss)												(510)						855						(27)						318
December 31, 2022												$	(299)					$	(259)					$	(4)					$	(562)

We estimate that we will reclassify approximately $254 million (before taxes) of net derivative losses from accumulated other comprehensive income (loss) into earnings within the next 12 months.