ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
|3 Months Ended|
Apr. 01, 2018
|Changes in accumulated other comprehensive income (loss) by component||
Following are the changes in accumulated other comprehensive income (loss) by component for the three months ended:
(1) We adopted the new accounting pronouncement "Accounting for Certain Financial Instruments" on January 1, 2018, which moved the treatment of unrealized gains and losses for non-debt securities directly to the
Condensed Consolidated Statements of Income on a prospective basis. The impact of adopting this standard includes a one-time cumulative effect adjustment to opening retained earnings of $2 million. See NOTE 14, "RECENTLY ADOPTED AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS," to our Condensed Consolidated Financial Statements for more information.
(2) Amounts are net of tax. Reclassifications out of accumulated other comprehensive income (loss) and the related tax effects are immaterial for separate disclosure.
Tabular disclosure of the components of accumulated other comprehensive income (loss).
Reference 1: http://www.xbrl.org/2003/role/presentationRef