XML 68 R43.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurements - Summary of Derivative Activity (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
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 | 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 | 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 (61) (322) (1,165) (1,094)
Amount of gain or (loss) recognized in AOCI 61 322 1,165 1,094
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 | 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 | 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     98 102
Amount of gain or (loss) recognized in AOCI     98 102
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
Net Investment Hedging | Net Investment Hedging | 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 | Net Investment Hedging | 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 | Net Investment Hedging | 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 | Net Investment Hedging | 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 31 13    
Amount of gain or (loss) recognized in AOCI 31 13    
Net Investment Hedging | Net Investment Hedging | 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    
Cash Flow Hedging | Forward foreign exchange contracts | Sales to customers        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI (11) (45) (1) (48)
Amount of gain or (loss) reclassified from AOCI into income 6 (20) 3 (54)
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 (166) (94) 230 (153)
Amount of gain or (loss) reclassified from AOCI into income 102 (83) 12 (141)
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 49 91 20 193
Amount of gain or (loss) reclassified from AOCI into income (5) 53 (30) 118
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 | Forward foreign exchange contracts | Other (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI 38 36 42 (75)
Amount of gain or (loss) reclassified from AOCI into income 4 22 9 (35)
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 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 | Interest (income)/Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of gain or (loss) recognized in AOCI (454) (205) (469) (273)
Amount of gain or (loss) reclassified from AOCI into income 41 120 223 342
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