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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 | 9 Months Ended
--- | --- | ---
Sep. 27, 2024 | Sep. 29, 2023 | Sep. 27, 2024 | Sep. 29, 2023
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | $ (216) | $ 49 | $ (33) | $ (58)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 72 | (36) | 32 | (39)
Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | (209) | 81 | (5) | 38
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 72 | (36) | 32 | (39)
Net operating revenues |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 48 |  | 30 |
Net operating revenues | Foreign currency contracts | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | (150) | 90 | 58 | 32
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 48 | (2) | 30 | (8)
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 | 4 |  | 10 |
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 | (15) | 8 | 5 | 25
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 4 | 0 | 13 | 8
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 | (5) | (1) | (16)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | 0 | (4) | (3) | (10)
Interest expense |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (2) |  | (4) |
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
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (1) | (1) | (3) | (3)
Interest expense | Interest Rate Contract | Cash Flow Hedging |  |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |  |
Gains (Losses) arising during the period | (55) |  | (53) |
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | (1) |  | (1) |
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 | 10 | (12) | (14) | (3)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | $ 22 | $ (29) | $ (4) | $ (26)

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