Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES (Tables)

v3.19.3
MARKETABLE SECURITIES (Tables)
 9 Months Ended
Sep. 29, 2019
Investments, Debt and Equity Securities [Abstract]  
Summary of marketable securities
A summary of marketable securities, all of which were classified as current, was as follows:
 
 
 
September 29,
2019
 
December 31,
2018
In millions
 
Cost
 
Gross unrealized gains/(losses)(1)
 
Estimated
fair value
 
Cost
 
Gross unrealized gains/(losses)(1)
 
Estimated
fair value
Equity securities
 
 

 
 

 
 

 
 

 
 

 
 

Certificates of deposit
 
$
147

 
$
—

 
$
147

 
$
101

 
$
—

 
$
101

Debt mutual funds
 
132

 
3

 
135

 
103

 
1

 
104

Equity mutual funds
 
16

 
3

 
19

 
16

 
—

 
16

Bank debentures
 
1

 
—

 
1

 
—

 
—

 
—

Debt securities
 
1

 
—

 
1

 
1

 
—

 
1

Total marketable securities
 
$
297

 
$
6

 
$
303

 
$
221

 
$
1

 
$
222

____________________________________
(1) Unrealized gains and losses for debt securities are recorded in other comprehensive income while unrealized gains and losses for equity securities are recorded in "Other income, net" in our Condensed Consolidated Statements of Net Income.
Schedule of proceeds from sales and maturities
The proceeds from sales and maturities of marketable securities were as follows:
 
 
Nine months ended
In millions
 
September 29,
2019
 
September 30,
2018
Proceeds from sales of marketable securities
 
$
179

 
$
234

Proceeds from maturities of marketable securities
 
117

 
64

Investments in marketable securities - liquidations
 
$
296

 
$
298