| Equity |
Equity The following tables summarize the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts: | | | | | | | | | | | | | | | | | | | | | | | | | | Market Value Adjustments for Hedges | | Unrecognized
Pension and
Postretirement
Medical
Expense | | Foreign
Currency
Translation
and Other | | AOCI | | | | AOCI, before tax | | | Second quarter of fiscal 2023 | | | | | | | | | Balance at December 31, 2022 | $ | 111 | | | $ | (3,769) | | | $ | (1,826) | | | $ | (5,484) | | | Quarter Ended April 1, 2023: | | | | | | | | | Unrealized gains (losses) arising during the period | 7 | | | 71 | | | 125 | | | 203 | | | Reclassifications of realized net (gains) losses to net income | (116) | | | 1 | | | — | | | (115) | | | Balance at April 1, 2023 | $ | 2 | | | $ | (3,697) | | | $ | (1,701) | | | $ | (5,396) | | | | | | | | | | | Second quarter of fiscal 2022 | | | | | | | | | Balance at January 1, 2022 | $ | (83) | | | $ | (6,823) | | | $ | (1,084) | | | $ | (7,990) | | | Quarter Ended April 2, 2022: | | | | | | | | | Unrealized gains (losses) arising during the period | 53 | | | — | | | (196) | | | (143) | | | Reclassifications of realized net (gains) losses to net income | (21) | | | 155 | | | — | | | 134 | | | | | | | | | | | Balance at April 2, 2022 | $ | (51) | | | $ | (6,668) | | | $ | (1,280) | | | $ | (7,999) | | | | | | | | | | | Six months ended fiscal 2023 | | | | | | | | | Balance at October 1, 2022 | $ | 804 | | | $ | (3,770) | | | $ | (2,014) | | | $ | (4,980) | | | Six Months Ended April 1, 2023: | | | | | | | | | Unrealized gains (losses) arising during the period | (468) | | | 71 | | | 271 | | | (126) | | | Reclassifications of realized net (gains) losses to net income | (334) | | | 2 | | | 42 | | | (290) | | | | | | | | | | | Balance at April 1, 2023 | $ | 2 | | | $ | (3,697) | | | $ | (1,701) | | | $ | (5,396) | | | | | | | | | | | Six months ended fiscal 2022 | | | | | | | | | Balance at October 2, 2021 | $ | (152) | | | $ | (7,025) | | | $ | (1,047) | | | $ | (8,224) | | | Six Months Ended April 2, 2022: | | | | | | | | | Unrealized gains (losses) arising during the period | 140 | | | 47 | | | (233) | | | (46) | | | Reclassifications of realized net (gains) losses to net income | (39) | | | 310 | | | — | | | 271 | | | | | | | | | | | Balance at April 2, 2022 | $ | (51) | | | $ | (6,668) | | | $ | (1,280) | | | $ | (7,999) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | Market Value Adjustments for Hedges | | Unrecognized
Pension and
Postretirement
Medical
Expense | | Foreign
Currency
Translation
and Other | | AOCI | | | | Tax on AOCI | | | Second quarter of fiscal 2023 | | | | | | | | | Balance at December 31, 2022 | $ | (28) | | | $ | 901 | | | $ | 133 | | | $ | 1,006 | | | Quarter Ended April 1, 2023: | | | | | | | | | Unrealized gains (losses) arising during the period | — | | | (16) | | | (10) | | | (26) | | | Reclassifications of realized net (gains) losses to net income | 27 | | | — | | | — | | | 27 | | | Balance at April 1, 2023 | $ | (1) | | | $ | 885 | | | $ | 123 | | | $ | 1,007 | | | | | | | | | | | Second quarter of fiscal 2022 | | | | | | | | | Balance at January 1, 2022 | $ | 23 | | | $ | 1,606 | | | $ | 85 | | | $ | 1,714 | | | Quarter Ended April 2, 2022: | | | | | | | | | Unrealized gains (losses) arising during the period | (9) | | | — | | | 13 | | | 4 | | | Reclassifications of realized net (gains) losses to net income | 5 | | | (36) | | | — | | | (31) | | | | | | | | | | | Balance at April 2, 2022 | $ | 19 | | | $ | 1,570 | | | $ | 98 | | | $ | 1,687 | | | | | | | | | | | Six months ended fiscal 2023 | | | | | | | | | Balance at October 1, 2022 | $ | (179) | | | $ | 901 | | | $ | 139 | | | $ | 861 | | | Six Months Ended April 1, 2023: | | | | | | | | | Unrealized gains (losses) arising during the period | 100 | | | (16) | | | (2) | | | 82 | | | Reclassifications of realized net (gains) losses to net income | 78 | | | — | | | (14) | | | 64 | | | | | | | | | | | Balance at April 1, 2023 | $ | (1) | | | $ | 885 | | | $ | 123 | | | $ | 1,007 | | | | | | | | | | | Six months ended fiscal 2022 | | | | | | | | | Balance at October 2, 2021 | $ | 42 | | | $ | 1,653 | | | $ | 89 | | | $ | 1,784 | | | Six Months Ended April 2, 2022: | | | | | | | | | Unrealized gains (losses) arising during the period | (32) | | | (11) | | | 9 | | | (34) | | | Reclassifications of realized net (gains) losses to net income | 9 | | | (72) | | | — | | | (63) | | | | | | | | | | | Balance at April 2, 2022 | $ | 19 | | | $ | 1,570 | | | $ | 98 | | | $ | 1,687 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | Market Value Adjustments for Hedges | | Unrecognized
Pension and
Postretirement
Medical
Expense | | Foreign
Currency
Translation
and Other | | AOCI | | | | AOCI, after tax | | | Second quarter of fiscal 2023 | | | | | | | | | Balance at December 31, 2022 | $ | 83 | | | $ | (2,868) | | | $ | (1,693) | | | $ | (4,478) | | | Quarter Ended April 1, 2023: | | | | | | | | | Unrealized gains (losses) arising during the period | 7 | | | 55 | | | 115 | | | 177 | | | Reclassifications of realized net (gains) losses to net income | (89) | | | 1 | | | — | | | (88) | | | Balance at April 1, 2023 | $ | 1 | | | $ | (2,812) | | | $ | (1,578) | | | $ | (4,389) | | | | | | | | | | | Second quarter of fiscal 2022 | | | | | | | | | Balance at January 1, 2022 | $ | (60) | | | $ | (5,217) | | | $ | (999) | | | $ | (6,276) | | | Quarter Ended April 2, 2022: | | | | | | | | | Unrealized gains (losses) arising during the period | 44 | | | — | | | (183) | | | (139) | | | Reclassifications of realized net (gains) losses to net income | (16) | | | 119 | | | — | | | 103 | | | | | | | | | | | Balance at April 2, 2022 | $ | (32) | | | $ | (5,098) | | | $ | (1,182) | | | $ | (6,312) | | | | | | | | | | | Six months ended fiscal 2023 | | | | | | | | | Balance at October 1, 2022 | $ | 625 | | | $ | (2,869) | | | $ | (1,875) | | | $ | (4,119) | | | Six Months Ended April 1, 2023: | | | | | | | | | Unrealized gains (losses) arising during the period | (368) | | | 55 | | | 269 | | | (44) | | | Reclassifications of realized net (gains) losses to net income | (256) | | | 2 | | | 28 | | | (226) | | | | | | | | | | | Balance at April 1, 2023 | $ | 1 | | | $ | (2,812) | | | $ | (1,578) | | | $ | (4,389) | | | | | | | | | | | Six months ended fiscal 2022 | | | | | | | | | Balance at October 2, 2021 | $ | (110) | | | $ | (5,372) | | | $ | (958) | | | $ | (6,440) | | | Six Months Ended April 2, 2022: | | | | | | | | | Unrealized gains (losses) arising during the period | 108 | | | 36 | | | (224) | | | (80) | | | Reclassifications of realized net (gains) losses to net income | (30) | | | 238 | | | — | | | 208 | | | | | | | | | | | Balance at April 2, 2022 | $ | (32) | | | $ | (5,098) | | | $ | (1,182) | | | $ | (6,312) | |
Details about AOCI components reclassified to net income are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gain (loss) in net income: | | Affected line item in the Condensed Consolidated Statements of Operations: | | Quarter Ended | | Six Months Ended | | | April 1,
2023 | | April 2,
2022 | | April 1,
2023 | | April 2,
2022 | | Market value adjustments, primarily cash flow hedges | | Primarily revenue | | $ | 116 | | | $ | 21 | | | $ | 334 | | | $ | 39 | | | Estimated tax | | Income taxes | | (27) | | | (5) | | | (78) | | | (9) | | | | | | 89 | | | 16 | | | 256 | | | 30 | | | | | | | | | | | | | | | | | | | | | | | | | Pension and postretirement medical expense | | Interest expense, net | | (1) | | | (155) | | | (2) | | | (310) | | | Estimated tax | | Income taxes | | — | | | 36 | | | — | | | 72 | | | | | | (1) | | | (119) | | | (2) | | | (238) | | | | | | | | | | | | | | Foreign currency translation and other | | Restructuring and impairment charges | | — | | | — | | | (42) | | | — | | | Estimated tax | | Income taxes | | — | | | — | | | 14 | | | — | | | | | | — | | | — | | | (28) | | | — | | | | | | | | | | | | | | Total reclassifications for the period | | | | $ | 88 | | | $ | (103) | | | $ | 226 | | | $ | (208) | |
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