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DERIVATIVE INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Narrative (Details) € in Millions, $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 28, 2024 USD ($) | Sep. 30, 2023 USD ($) | Sep. 28, 2024 USD ($) | Sep. 28, 2024 EUR (€) | Sep. 30, 2023 USD ($)
Derivative [Line Items] |  |  |  |  |
Net deferred losses reported in AOCI to be reclassified into income in the next twelve months |  |  | $ 5 |  |
Collateral posted | $ 53 |  | 53 |  |
Gain (loss) recognized in AOCI | (133) | $ 111 | (34) |  | $ 17
Unrealized gain (loss) on cash flow hedges, pre-tax | 0 | 40 | 39 |  | 37
Sales of available for sale securities |  |  | 0 |  | 15
Purchases of available for sale securities |  |  | 0 |  | 15
Net Investment Hedging |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Gain (loss) recognized in AOCI | (133) | 111 | (34) |  | 17
Cross currency interest rate contract | Net Investment Hedging |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Gain (loss) recognized in AOCI |  | 12 | 7 |  | 29
Accounts Receivable, Net | Exchange-traded commodity |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Margin deposits | 6 |  | 6 |  |
Interest expense | Cash Flow Hedging |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Unrealized gain (loss) on cash flow hedges, pre-tax |  | 14 | 11 | € (5) | 85
Interest expense | Cross currency interest rate contract | Net Investment Hedging |  |  |  |  |
Derivative [Line Items] |  |  |  |  |
Gain (loss) recognized in AOCI | $ (73) | $ 67 | $ (25) |  | $ 7

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- Definition The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480870/815-30-50-1 + Details
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- Definition The aggregate fair value of assets that are already posted, at the end of the reporting period, as collateral for derivative instruments with credit-risk-related contingent features. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4H -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4H + Details
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- Definition The amount of cash or securities placed with a broker or counterparty as security for a trading or derivatives securities position which was partially obtained with funds provided by the broker dealer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6 + Details
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- Definition Amount, before tax and reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-11 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480627/815-20-45-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 10A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-10A + Details
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