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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Jul. 04, 2021
Jun. 28, 2020
Jul. 04, 2021
Jun. 28, 2020
Jan. 03, 2021
CASH FLOWS FROM OPERATING ACTIVITIES          
Net earnings $ 6,278 $ 3,626 $ 12,475 $ 9,422  
Adjustments to reconcile net earnings to cash flows from operating activities:          
Depreciation and amortization of property and intangibles     3,733 3,473  
Stock based compensation     661 589  
Asset write-downs     26 33  
Contingent consideration reversal     0 (983)  
Net gain on sale of assets/businesses     (601) (60)  
Deferred tax provision     (685) (428)  
Credit losses and accounts receivable allowances     (52) 117  
Changes in assets and liabilities, net of effects from acquisitions and divestitures:          
Increase in accounts receivable     (1,566) (520)  
Increase in inventories     (818) (637)  
Decrease in accounts payable and accrued liabilities     (4,050) (2,319)  
Decrease/(Increase) in other current and non-current assets     1,415 (1,048)  
Decrease in other current and non-current liabilities     (1,150) (829)  
NET CASH FLOWS FROM OPERATING ACTIVITIES     9,388 6,810  
CASH FLOWS FROM INVESTING ACTIVITIES          
Additions to property, plant and equipment     (1,490) (1,287)  
Proceeds from the disposal of assets/businesses, net (Note 10)     654 87  
Acquisitions, net of cash acquired (Note 10)     0 (949)  
Purchases of investments     (12,264) (8,551)  
Sales of investments     12,453 2,417  
Credit support agreements activity, net     441 672  
Other (primarily licenses and milestones)     (398) (492)  
NET CASH USED BY INVESTING ACTIVITIES     (604) (8,103)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Dividends to shareholders     (5,450) (5,164)  
Repurchase of common stock     (2,069) (2,417)  
Proceeds from short-term debt     498 2,717  
Repayment of short-term debt     (689) (17)  
Proceeds from long-term debt, net of issuance costs     1 1  
Repayment of long-term debt     (1,451) (11)  
Proceeds from the exercise of stock options/employee withholding tax on stock awards, net     543 708  
Credit support agreements activity, net     130 0  
Other     83 (489)  
NET CASH USED BY FINANCING ACTIVITIES     (8,404) (4,672)  
Effect of exchange rate changes on cash and cash equivalents     (33) (166)  
Increase/(Decrease) in cash and cash equivalents     347 (6,131)  
Cash and Cash equivalents, beginning of period     13,985 17,305 $ 17,305
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 14,332 $ 11,174 14,332 11,174 $ 13,985
Acquisitions          
Fair value of assets acquired     0 1,173  
Fair value of liabilities assumed and noncontrolling interests     0 (224)  
Net cash paid for acquisitions     $ 0 $ 949