XML 67 R44.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value Measurements - Financial Assets and Liabilities at Fair Value (Details) - USD ($)
$ in Millions
 6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jan. 01, 2023
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets $ 2,203    
Derivatives designated as hedging instruments : Liabilities 4,137    
Available-for-sale Securities, Equity Securities 493   $ 576
Available-for-sale Securities 9,831   10,487
Contingent consideration 1,142   1,120
Total Gross Assets 2,258   2,201
Credit Support Agreement (CSA) (2,119)   (2,176)
Total Net Asset 139   25
Total Gross Liabilities 4,159   3,357
Credit Support Agreement (CSA) (3,890)   (3,023)
Total Net Liabilities 269   334
Beginning Balance 1,120 $ 533  
Changes in estimated fair value (6) 25 (88)  
Additions 0 91  
Payments (3) 0  
Ending Balance 1,142 $ 536  
Quoted prices in active markets for identical assets and liabilities Level 1      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 0    
Derivatives designated as hedging instruments : Liabilities 0    
Available-for-sale Securities, Equity Securities 493   576
Available-for-sale Securities 0    
Contingent consideration 0    
Significant other observable inputs Level 2      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 2,203   2,163
Derivatives designated as hedging instruments : Liabilities 4,137   3,289
Available-for-sale Securities, Equity Securities 0    
Available-for-sale Securities 9,831    
Contingent consideration 0    
Significant unobservable inputs Level 3      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 0    
Derivatives designated as hedging instruments : Liabilities 0    
Available-for-sale Securities, Equity Securities 0    
Available-for-sale Securities 0    
Contingent consideration 1,142   1,120
Interest Rate Contract      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 1,310    
Derivatives designated as hedging instruments : Liabilities 3,691    
Interest Rate Contract | Quoted prices in active markets for identical assets and liabilities Level 1      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 0    
Derivatives designated as hedging instruments : Liabilities 0    
Interest Rate Contract | Significant other observable inputs Level 2      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 1,310   1,534
Derivatives designated as hedging instruments : Liabilities 3,691   2,778
Interest Rate Contract | Significant unobservable inputs Level 3      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 0    
Derivatives designated as hedging instruments : Liabilities 0    
Forward foreign exchange contracts      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 893    
Derivatives designated as hedging instruments : Liabilities 446    
Derivatives not designated as hedging instruments : Assets 55    
Derivatives not designated as hedging instruments : Liabilities 22    
Forward foreign exchange contracts | Quoted prices in active markets for identical assets and liabilities Level 1      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 0    
Derivatives designated as hedging instruments : Liabilities 0    
Derivatives not designated as hedging instruments : Assets 0    
Derivatives not designated as hedging instruments : Liabilities 0    
Forward foreign exchange contracts | Significant other observable inputs Level 2      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 893   629
Derivatives designated as hedging instruments : Liabilities 446   511
Derivatives not designated as hedging instruments : Assets 55   38
Derivatives not designated as hedging instruments : Liabilities 22   68
Forward foreign exchange contracts | Significant unobservable inputs Level 3      
Financial assets and liabilities at fair value      
Derivatives designated as hedging instruments : Assets 0    
Derivatives designated as hedging instruments : Liabilities 0    
Derivatives not designated as hedging instruments : Assets 0    
Derivatives not designated as hedging instruments : Liabilities 0    
Other Noncurrent Liabilities | Auris Health      
Financial assets and liabilities at fair value      
Contingent consideration $ 1,137   $ 1,116