XML 72 R54.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes (Income Taxes) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 26, 2015
Dec. 27, 2014
Dec. 28, 2013
Dec. 26, 2015
Dec. 27, 2014
Dec. 28, 2013
Income Tax Contingency [Line Items]            
Income before income taxes in U.S $ 2,879 $ 2,557 $ 3,078      
Income before income taxes in Foreign 4,563 6,200 5,813      
Income before income taxes 7,442 8,757 8,891      
Provision for income taxes            
Current: U.S. Federal 1,143 1,364 1,092      
Current: Foreign 773 851 807      
Current: State 65 210 124      
Provision for income taxes, Current total 1,981 2,425 2,023      
Deferred: U.S. Federal (14) (33) 87      
Deferred: Foreign (32) (60) 11      
Deferred: State 6 (133) (17)      
Provision for income taxes, Deferred total (40) (226) 81      
Provision for income taxes $ 1,941 $ 2,199 $ 2,104      
U.S. Federal statutory tax rate            
U.S. Federal statutory tax rate 35.00% 35.00% 35.00%      
State income tax, net of U.S. Federal tax benefit 0.60% 0.60% 1.20%      
Lower taxes on foreign results (10.50%) (8.60%) (8.80%)      
Impact of Venezuela impairment charges 6.40% 0.00% 0.00%      
Tax benefits (3.10%) 0.00% (2.40%)      
Other, net (2.30%) (1.90%) (1.30%)      
Annual tax rate 26.10% 25.10% 23.70%      
Deferred tax liabilities            
Debt guarantee of wholly-owned subsidiary       $ 842 $ 842  
Property, plant and equipment       2,023 2,174  
Intangible assets other than nondeductible goodwill       3,920 4,068  
Other       299 264  
Gross deferred tax liabilities       7,084 7,348  
Deferred tax assets            
Net carryforwards       1,279 1,329  
Share-based compensation       240 265  
Retiree medical benefits       343 388  
Other employee-related benefits       547 646  
Pension benefits       424 263  
Deductible state tax and interest benefits       186 158  
Other       933 1,100  
Gross deferred tax assets       3,952 4,149  
Valuation allowances $ (1,230) $ (1,360) $ (1,233) (1,136) (1,230) $ (1,360)
Deferred tax assets, net       2,816 2,919  
Net deferred tax liabilities       4,268 4,429  
Prepaid expenses and other current assets       1,865 2,143  
Deferred income taxes       4,959 5,304  
Valuation Allowance [Abstract]            
Balance, beginning of year (1,230) (1,360) (1,233)      
(Benefit)/provision       (26) (25) $ 111
Other (deductions)/additions (68) (105) 16      
Balance, end of year (1,136) $ (1,230) (1,360)      
Deferred Taxes            
Deferred tax assets            
Prepaid expenses and other current assets       $ 691 $ 875  
Tax Settlement, Years 2003-2009            
Income Tax Contingency [Line Items]            
Income Taxes Paid     758      
non cash tax benefit     209      
Open Tax Years            
Income Tax Contingency [Line Items]            
Income Taxes Paid     $ 226      
Tax Settlement, Years 2010-2011 [Member]            
Income Tax Contingency [Line Items]            
non cash tax benefit $ 230