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HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 29, 2024 | Mar. 31, 2023
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Gains (Losses) arising during the period | $ 27 | $ (76)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (44) | 1
Cash Flow Hedging |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Gains (Losses) arising during the period | 46 | (47)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (44) | 1
Net operating revenues |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (17) |
Net operating revenues | Foreign currency contracts | Cash Flow Hedging |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Gains (Losses) arising during the period | 48 | (36)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (17) | 1
Cost of goods sold |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 2 |
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 | 11 | 4
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 3 | 4
Cost of goods sold | Commodity Contract | Cash Flow Hedging |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Gains (Losses) arising during the period | 1 | (2)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (1) | (3)
Interest expense |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (1) |
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
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (1) | (1)
Interest expense | Interest Rate Contract | Cash Flow Hedging |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |
Gains (Losses) arising during the period | 1 |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 0 |
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 | (15) | (13)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | $ (28) | $ 0

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