Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

v3.21.2
Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 26, 2021
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The table below summarizes the changes in accumulated other comprehensive income (loss):
Three Months Ended Six Months Ended
June 26,
2021
June 27,
2020
June 26,
2021
June 27,
2020
Gains (losses) on cash flow hedges: (In millions)
Beginning balance $ $ (14) $ 17  $ — 
Net unrealized gains (losses) arising during the period 11  11  (12)
Net (gains) losses reclassified into income during the period (9) (19)
Tax effect (1) —  (2) — 
Total other comprehensive income (loss) 10  (10) (4)
Ending balance $ $ (4) $ $ (4)