Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES (Tables)

v3.20.2
MARKETABLE SECURITIES (Tables)
6 Months Ended
Jun. 28, 2020
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:
  June 28,
2020
December 31,
2019
In millions Cost
Gross unrealized gains/(losses)(1)
Estimated
fair value
Cost
Gross unrealized gains/(losses)(1)
Estimated
fair value
Equity securities            
Debt mutual funds $ 221    $   $ 226    $ 180    $   $ 183   
Certificates of deposit 104    —    104    133    —    133   
Equity mutual funds 18      21    19      23   
Bank debentures   —        —     
Debt securities   —        —     
Total marketable securities $ 345    $   $ 353    $ 334    $   $ 341   
(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:
Six months ended
In millions June 28,
2020
June 30,
2019
Proceeds from sales of marketable securities $ 164    $ 97   
Proceeds from maturities of marketable securities 90    56   
Investments in marketable securities - liquidations $ 254    $ 153