XML 119 R98.htm IDEA: XBRL DOCUMENT
v3.24.0.1

DERIVATIVE INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions | Dec. 30, 2023 | Dec. 31, 2022
--- | --- | ---
Derivative [Line Items] |  |  |  |
Fair Value Of Related Hedge Portion Of Long Term Debt |  | $ 1,100 | $ 1,100 |
Designated as hedging instrument |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 16 | 194 |
Liabilities |  | (121) | (86) |
Designated as hedging instrument | Level 1 [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Liabilities |  | 0 | 0 |
Designated as hedging instrument | Level 2 [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 16 | 194 |
Liabilities |  | (121) | (86) |
Designated as hedging instrument | Cross-currency contracts | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 12 | 88 |
Designated as hedging instrument | Cross-currency contracts | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 4 | 36 |
Designated as hedging instrument | Cross-currency contracts | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (17) | 0 |
Designated as hedging instrument | Cross-currency contracts | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (15) | 0 |
Designated as hedging instrument | Cross-currency contracts | Level 1 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Designated as hedging instrument | Cross-currency contracts | Level 1 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Designated as hedging instrument | Cross-currency contracts | Level 1 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Designated as hedging instrument | Cross-currency contracts | Level 1 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Designated as hedging instrument | Cross-currency contracts | Level 2 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 12 | 88 |
Designated as hedging instrument | Cross-currency contracts | Level 2 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 4 | 36 |
Designated as hedging instrument | Cross-currency contracts | Level 2 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (17) | 0 |
Designated as hedging instrument | Cross-currency contracts | Level 2 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (15) | 0 |
Designated as hedging instrument | Interest rate contracts | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets | [1] | 0 | 45 |
Designated as hedging instrument | Interest rate contracts | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets | [1] | 0 | 25 |
Designated as hedging instrument | Interest rate contracts | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (44) | 0 | [1]
Designated as hedging instrument | Interest rate contracts | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities | [1] | (45) | (86) |
Designated as hedging instrument | Interest rate contracts | Level 1 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Designated as hedging instrument | Interest rate contracts | Level 1 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Designated as hedging instrument | Interest rate contracts | Level 1 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Designated as hedging instrument | Interest rate contracts | Level 1 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Designated as hedging instrument | Interest rate contracts | Level 2 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets | [1] | 0 | 45 |
Designated as hedging instrument | Interest rate contracts | Level 2 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets | [1] | 0 | 25 |
Designated as hedging instrument | Interest rate contracts | Level 2 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (44) | 0 | [1]
Designated as hedging instrument | Interest rate contracts | Level 2 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities | [1] | (45) | (86) |
Not Designated as Hedging Instrument [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 70 | 110 |
Liabilities |  | (79) | (86) |
Not Designated as Hedging Instrument [Member] | Level 1 [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 2 | 4 |
Liabilities |  | (2) | (2) |
Not Designated as Hedging Instrument [Member] | Level 2 [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 68 | 106 |
Liabilities |  | (77) | (84) |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 51 | 74 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 4 | 14 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (54) | (50) |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (6) | (9) |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 1 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 1 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 1 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 1 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 2 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 51 | 74 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 2 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 4 | 14 |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 2 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (54) | (50) |
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts | Level 2 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (6) | (9) |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 9 | 4 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 4 | 14 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (11) | (7) |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (6) | (18) |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 1 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 1 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 1 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 1 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 2 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 9 | 4 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 2 [Member] | Other Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 4 | 14 |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 2 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (11) | (7) |
Not Designated as Hedging Instrument [Member] | Interest rate contracts | Level 2 [Member] | Other liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (6) | (18) |
Not Designated as Hedging Instrument [Member] | Commodity contracts | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 2 | 4 |
Not Designated as Hedging Instrument [Member] | Commodity contracts | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (2) | (2) |
Not Designated as Hedging Instrument [Member] | Commodity contracts | Level 1 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 2 | 4 |
Not Designated as Hedging Instrument [Member] | Commodity contracts | Level 1 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | (2) | (2) |
Not Designated as Hedging Instrument [Member] | Commodity contracts | Level 2 [Member] | Other Current Assets [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Assets |  | 0 | 0 |
Not Designated as Hedging Instrument [Member] | Commodity contracts | Level 2 [Member] | Other current liabilities |  |  |  |
Derivative [Line Items] |  |  |  |
Liabilities |  | $ 0 | $ 0 |
[1] | The fair value of the related hedged portion of the Company’s long-term debt, a level 2 liability, was $1.1 billion as of December 30, 2023 and December 31, 2022, respectively.

X
- Definition The fair value of the portion of fixed rate long-term debt, the hedged item, which is hedged with fixed-to-floating, interest rate swaps. + References No definition available. + Details
Name: | k_FairValueOfRelatedHedgePortionOfLongTermDebt
Namespace Prefix: | k_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483466/210-20-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-7 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 4D -Subparagraph (c)(2) -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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 Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate fair value amounts of derivative instruments that contain credit-risk-related contingent features that are in a net liability position at the end of the reporting period. For nonderivative instruments that are designated and qualify as hedging instruments, the fair value amounts are the carrying value of the nonderivative hedging instrument, including the adjustment for the foreign currency transaction gain (loss) on that instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4H -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4H + Details
Name: | us-gaap_DerivativeNetLiabilityPositionAggregateFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherCurrentAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherCurrentLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember
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_HedgingDesignationAxis=us-gaap_NondesignatedMember
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_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |