XML 61 R37.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements - Summary of Derivative Activity (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2021
Jun. 28, 2020
Jul. 04, 2021
Jun. 28, 2020
Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) reclassified from AOCI into income $ 0 $ 0 $ 0 $ 0
Cross currency interest rate swaps | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) reclassified from AOCI into income 0 0 0 0
Fair Value Hedging | Cross currency interest rate swaps | Sales to customers        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing     0 0
Amount of gain or (loss) recognized in AOCI     0 0
Fair Value Hedging | Cross currency interest rate swaps | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing     0 0
Amount of gain or (loss) recognized in AOCI     0 0
Fair Value Hedging | Cross currency interest rate swaps | Research and Development Expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing     0 0
Amount of gain or (loss) recognized in AOCI     0 0
Fair Value Hedging | Cross currency interest rate swaps | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing     0 0
Amount of gain or (loss) recognized in AOCI     0 0
Fair Value Hedging | Cross currency interest rate swaps | Interest (income)/Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing     80 79
Amount of gain or (loss) recognized in AOCI     80 79
Fair Value Hedging | Interest Rate Swap | Sales to customers        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0 0 0
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Fair Value Hedging | Interest Rate Swap | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0 0 0
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Fair Value Hedging | Interest Rate Swap | Research and Development Expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0 0 0
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Fair Value Hedging | Interest Rate Swap | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0 0 0
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Fair Value Hedging | Interest Rate Swap | Interest (income)/Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing (6) (6)
Amount of gain or (loss) recognized in AOCI 6 6
Net Investment Hedging [Member] | Net Investment Hedging [Member] | Sales to customers        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0    
Amount of gain or (loss) recognized in AOCI 0 0    
Net Investment Hedging [Member] | Net Investment Hedging [Member] | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0    
Amount of gain or (loss) recognized in AOCI 0 0    
Net Investment Hedging [Member] | Net Investment Hedging [Member] | Research and Development Expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0    
Amount of gain or (loss) recognized in AOCI 0 0    
Net Investment Hedging [Member] | Net Investment Hedging [Member] | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0    
Amount of gain or (loss) recognized in AOCI 0 0    
Net Investment Hedging [Member] | Net Investment Hedging [Member] | Interest (income)/Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 40 39    
Amount of gain or (loss) recognized in AOCI 40 39    
Cash Flow Hedging | Forward foreign exchange contracts | Sales to customers        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI (3) (2) (6) 9
Amount of gain or (loss) reclassified from AOCI into income 11 (2) 28 7
Cash Flow Hedging | Forward foreign exchange contracts | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI (50) (128) (243) 174
Amount of gain or (loss) reclassified from AOCI into income 14 (62) 48 (235)
Cash Flow Hedging | Forward foreign exchange contracts | Research and Development Expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 119 (10) 43 (120)
Amount of gain or (loss) reclassified from AOCI into income 104 2 (9) (108)
Cash Flow Hedging | Forward foreign exchange contracts | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 8 22 25 (14)
Amount of gain or (loss) reclassified from AOCI into income 2 0 5 (2)
Cash Flow Hedging | Forward foreign exchange contracts | Interest (income)/Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Amount of gain or (loss) reclassified from AOCI into income 0 0 0 0
Cash Flow Hedging | Cross currency interest rate swaps | Sales to customers        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Amount of gain or (loss) reclassified from AOCI into income 0 0 0 0
Cash Flow Hedging | Cross currency interest rate swaps | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Amount of gain or (loss) reclassified from AOCI into income 0 0 0
Cash Flow Hedging | Cross currency interest rate swaps | Research and Development Expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Amount of gain or (loss) reclassified from AOCI into income 0 0 0 0
Cash Flow Hedging | Cross currency interest rate swaps | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 0 0 0 0
Amount of gain or (loss) reclassified from AOCI into income 0 0 0 0
Cash Flow Hedging | Cross currency interest rate swaps | Interest (income)/Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 286 100 (21) 725
Amount of gain or (loss) reclassified from AOCI into income $ 99 $ 83 $ 191 $ 181