Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES (Details)

v3.7.0.1
MARKETABLE SECURITIES (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Jul. 02, 2017
Jul. 03, 2016
Dec. 31, 2016
Schedule of Available-for-sale Securities          
Cost $ 173   $ 173   $ 260
Gross unrealized gains/(losses) 1   1   0
Estimated fair value 174   174   260
Proceeds from sales and maturities of marketable securities [1] 15 $ 202 162 $ 237  
Fair value of available-for-sale investments by contractual maturity          
1 year or less 160   160    
1 - 5 years 1   1    
Total 161   161    
Significant other observable inputs (Level 2) | Debt mutual funds          
Schedule of Available-for-sale Securities          
Cost 157   157   132
Gross unrealized gains/(losses) 0   0   0
Estimated fair value [2] 157   157   132
Significant other observable inputs (Level 2) | Bank debentures          
Schedule of Available-for-sale Securities          
Cost 3   3   114
Gross unrealized gains/(losses) 0   0   0
Estimated fair value [2] 3   3   114
Significant other observable inputs (Level 2) | Equity mutual funds          
Schedule of Available-for-sale Securities          
Cost 12   12   12
Gross unrealized gains/(losses) 1   1   0
Estimated fair value [2] 13   13   12
Significant other observable inputs (Level 2) | Government debt securities          
Schedule of Available-for-sale Securities          
Cost 1   1   2
Gross unrealized gains/(losses) 0   0   0
Estimated fair value [2] $ 1   $ 1   $ 2
Minimum | Bank debentures          
Schedule of Available-for-sale Securities          
Maturities of Bank Debentures Description     three months    
Maximum | Bank debentures          
Schedule of Available-for-sale Securities          
Maturities of Bank Debentures Description     five years    
[1] Gross realized gains and losses from the sale of available-for-sale securities were immaterial.
[2] All marketable securities are classified as Level 2 securities. The fair value of Level 2 securities is estimated using actively quoted prices for similar instruments from brokers and observable inputs where available, including market transactions and third-party pricing services, or net asset values provided to investors. We do not currently have any Level 3 securities and there were no transfers between Level 2 or 3 during the first half of 2017 and for the year ended 2016.