Components of other comprehensive income (loss) consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (Dollars in Millions) | | Foreign
Currency Translation | | Gain/(Loss) On Securities | | Employee Benefit Plans | | Gain/
(Loss) On
Derivatives & Hedges | | Total
Accumulated
Other
Comprehensive Income (Loss) | | December 31, 2017 | | $ | (7,351) | | | 232 | | | (6,150) | | | 70 | | | (13,199) | | | Cumulative adjustment to retained earnings | | | | (232) | | (1) | | | | | (232) | | | Net 2018 changes | | (1,518) | | | — | | | (8) | | | (265) | | | (1,791) | | | December 30, 2018 | | (8,869) | | | — | | | (6,158) | | | (195) | | | (15,222) | | | | | | | | | | | | | | Net 2019 changes | | 164 | | | — | | | (733) | | | (100) | | | (669) | | | December 29, 2019 | | (8,705) | | | — | | | (6,891) | | | (295) | | | (15,891) | | | | | | | | | | | | | | Net 2020 changes | | (233) | | | 1 | | | (66) | | | 947 | | | 649 | | | January 3, 2021 | | $ | (8,938) | | | 1 | | | (6,957) | | | 652 | | | (15,242) | |
(1) Per the adoption of ASU 2016-01- Financial Instruments
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