XML 67 R49.htm IDEA: XBRL DOCUMENT
v3.22.2.2

HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Oct. 01, 2021 | Sep. 30, 2022 | Oct. 01, 2021
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | $ 150 | $ (26) | $ 330 | $ 108
Reclassification adjustments recognized in net income, before tax | (26) | 63 | 13 | 139
Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | 153 | (22) | 334 | 119
Reclassification adjustments recognized in net income, before tax | 26 | (63) | (13) | (133)
Net operating revenues |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Reclassification adjustments recognized in net income, before tax | (88) |  | (148) |
Net operating revenues | Foreign currency contracts | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | 197 | 15 | 475 | (1)
Reclassification adjustments recognized in net income, before tax | 88 | (21) | 148 | (71)
Cost of goods sold |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Reclassification adjustments recognized in net income, before tax | (10) |  | (13) |
Cost of goods sold | Foreign currency contracts | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | 12 | 6 | 34 | (5)
Reclassification adjustments recognized in net income, before tax | 10 | (6) | 13 | (9)
Interest expense |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Reclassification adjustments recognized in net income, before tax | 1 |  | 3 |
Interest expense | Foreign currency contracts | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | 0 | 0 | 0 | 0
Reclassification adjustments recognized in net income, before tax | (1) | (1) | (3) | (12)
Interest expense | Interest Rate Contract | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period |  |  |  | 110
Reclassification adjustments recognized in net income, before tax |  |  |  | (90)
Other Income (loss) - net | Foreign currency contracts | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | (56) | (43) | (175) | 15
Reclassification adjustments recognized in net income, before tax | $ (71) | $ (35) | $ (171) | $ 49

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before tax and reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 20 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=121577181&loc=SL110061190-113977 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e637-108580 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669646-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_SalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_InterestExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OtherIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |