XML 56 R37.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Derivative Financial Instruments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Derivative [Line Items] |
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block] | Total gross notional amounts for outstanding derivatives (recorded at fair value) at the end of each period were as follows:
(In Millions) |  | Sep 30, 2017 |  | Dec 31, 2016 |  | Oct 1, 2016
Foreign currency contracts |  | $ | 18,573 |  |  | $ | 17,960 |  |  | $ | 17,833 |
Interest rate contracts |  | 18,171 |  |  | 14,228 |  |  | 10,046 |
Other |  | 1,461 |  |  | 1,340 |  |  | 1,355 |
Total |  | $ | 38,205 |  |  | $ | 33,528 |  |  | $ | 29,234 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] | Fair Value of Derivative Instruments in the Consolidated Condensed Balance Sheets
|  | September 30, 2017 |  | December 31, 2016
(In Millions) |  | Assets 1 |  | Liabilities 2 |  | Assets 1 |  | Liabilities 2
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |
Foreign currency contracts 3 |  | $ | 296 |  |  | $ | 33 |  |  | $ | 21 |  |  | $ | 252 |
Interest rate contracts |  | 8 |  |  | 125 |  |  | 3 |  |  | 187 |
Total derivatives designated as hedging instruments |  | 304 |  |  | 158 |  |  | 24 |  |  | 439 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |
Foreign currency contracts 3 |  | 48 |  |  | 437 |  |  | 374 |  |  | 114 |
Interest rate contracts |  | 11 |  |  | 27 |  |  | 15 |  |  | 30 |
Other |  | 11 |  |  | — |  |  | 9 |  |  | — |
Total derivatives not designated as hedging instruments |  | 70 |  |  | 464 |  |  | 398 |  |  | 144 |
Total derivatives |  | $ | 374 |  |  | $ | 622 |  |  | $ | 422 |  |  | $ | 583 |
Offsetting Assets [Table Text Block] | The gross amounts of our derivative instruments and reverse repurchase agreements subject to master netting arrangements with various counterparties, and cash and non-cash collateral posted under such agreements at the end of each period were as follows:
|  | September 30, 2017
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |  |
(In Millions) |  | Gross Amounts Recognized |  | Gross Amounts Offset in the Balance Sheet |  | Net Amounts Presented in the Balance Sheet |  | Financial Instruments |  | Cash and Non-Cash Collateral Received or Pledged |  | Net Amount
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets subject to master netting arrangements |  | $ | 360 |  |  | $ | — |  |  | $ | 360 |  |  | $ | (201 | ) |  | $ | (159 | ) |  | $ | — |
Reverse repurchase agreements |  | 1,849 |  |  | — |  |  | 1,849 |  |  | — |  |  | (1,849 | ) |  | — |
Total assets |  | 2,209 |  |  | — |  |  | 2,209 |  |  | (201 | ) |  | (2,008 | ) |  | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Derivative liabilities subject to master netting arrangements |  | 603 |  |  | — |  |  | 603 |  |  | (201 | ) |  | (377 | ) |  | 25 |
Total liabilities |  | $ | 603 |  |  | $ | — |  |  | $ | 603 |  |  | $ | (201 | ) |  | $ | (377 | ) |  | $ | 25 |
|  | December 31, 2016
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |  |
(In Millions) |  | Gross Amounts Recognized |  | Gross Amounts Offset in the Balance Sheet |  | Net Amounts Presented in the Balance Sheet |  | Financial Instruments |  | Cash and Non-Cash Collateral Received or Pledged |  | Net Amount
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets subject to master netting arrangements |  | $ | 433 |  |  | $ | — |  |  | $ | 433 |  |  | $ | (368 | ) |  | $ | (42 | ) |  | $ | 23 |
Reverse repurchase agreements |  | 1,018 |  |  | — |  |  | 1,018 |  |  | — |  |  | (1,018 | ) |  | — |
Total assets |  | 1,451 |  |  | — |  |  | 1,451 |  |  | (368 | ) |  | (1,060 | ) |  | 23 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Derivative liabilities subject to master netting arrangements |  | 588 |  |  | — |  |  | 588 |  |  | (368 | ) |  | (201 | ) |  | 19 |
Total liabilities |  | $ | 588 |  |  | $ | — |  |  | $ | 588 |  |  | $ | (368 | ) |  | $ | (201 | ) |  | $ | 19 |
Offsetting Liabilities [Table Text Block] | The gross amounts of our derivative instruments and reverse repurchase agreements subject to master netting arrangements with various counterparties, and cash and non-cash collateral posted under such agreements at the end of each period were as follows:
|  | September 30, 2017
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |  |
(In Millions) |  | Gross Amounts Recognized |  | Gross Amounts Offset in the Balance Sheet |  | Net Amounts Presented in the Balance Sheet |  | Financial Instruments |  | Cash and Non-Cash Collateral Received or Pledged |  | Net Amount
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets subject to master netting arrangements |  | $ | 360 |  |  | $ | — |  |  | $ | 360 |  |  | $ | (201 | ) |  | $ | (159 | ) |  | $ | — |
Reverse repurchase agreements |  | 1,849 |  |  | — |  |  | 1,849 |  |  | — |  |  | (1,849 | ) |  | — |
Total assets |  | 2,209 |  |  | — |  |  | 2,209 |  |  | (201 | ) |  | (2,008 | ) |  | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Derivative liabilities subject to master netting arrangements |  | 603 |  |  | — |  |  | 603 |  |  | (201 | ) |  | (377 | ) |  | 25 |
Total liabilities |  | $ | 603 |  |  | $ | — |  |  | $ | 603 |  |  | $ | (201 | ) |  | $ | (377 | ) |  | $ | 25 |
|  | December 31, 2016
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |  |
(In Millions) |  | Gross Amounts Recognized |  | Gross Amounts Offset in the Balance Sheet |  | Net Amounts Presented in the Balance Sheet |  | Financial Instruments |  | Cash and Non-Cash Collateral Received or Pledged |  | Net Amount
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets subject to master netting arrangements |  | $ | 433 |  |  | $ | — |  |  | $ | 433 |  |  | $ | (368 | ) |  | $ | (42 | ) |  | $ | 23 |
Reverse repurchase agreements |  | 1,018 |  |  | — |  |  | 1,018 |  |  | — |  |  | (1,018 | ) |  | — |
Total assets |  | 1,451 |  |  | — |  |  | 1,451 |  |  | (368 | ) |  | (1,060 | ) |  | 23 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Derivative liabilities subject to master netting arrangements |  | 588 |  |  | — |  |  | 588 |  |  | (368 | ) |  | (201 | ) |  | 19 |
Total liabilities |  | $ | 588 |  |  | $ | — |  |  | $ | 588 |  |  | $ | (368 | ) |  | $ | (201 | ) |  | $ | 19 |
Not Designated as Hedging Instrument [Member] |
Derivative [Line Items] |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block] | The effects of derivative instruments not designated as hedging instruments on the consolidated condensed statements of income for each period were as follows:
|  |  |  | Three Months Ended |  | Nine Months Ended
(In Millions) |  | Location of Gains (Losses) Recognized in Income on Derivatives |  | Sep 30, 2017 |  | Oct 1, 2016 |  | Sep 30, 2017 |  | Oct 1, 2016
Foreign currency contracts |  | Interest and other, net |  | $ | (91 | ) |  | $ | (35 | ) |  | $ | (521 | ) |  | $ | (209 | )
Interest rate contracts |  | Interest and other, net |  | (3 | ) |  | 7 |  |  | (4 | ) |  | (8 | )
Other |  | Various |  | 40 |  |  | 72 |  |  | 135 |  |  | 90 |
Total |  |  |  | $ | (54 | ) |  | $ | 44 |  |  | $ | (390 | ) |  | $ | (127 | )
Interest and other, net [Member] | Fair Value Hedging [Member] |
Derivative [Line Items] |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block] | The effects of derivative instruments designated as fair value hedges, recognized in interest and other, net for each period were as follows:
|  | Three Months Ended |  | Nine Months Ended
(In Millions) |  | Sep 30, 2017 |  | Oct 1, 2016 |  | Sep 30, 2017 |  | Oct 1, 2016
Interest rate contracts |  | $ | (15 | ) |  | $ | (34 | ) |  | $ | 67 |  |  | $ | 188 |
Hedged items |  | 15 |  |  | 34 |  |  | (67 | ) |  | (188 | )
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |

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_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_OffsettingLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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