Hedging Transactions and Derivative Financial Instruments (Details) - USD ($)
|
3 Months Ended |
6 Months Ended |
|
|
Jun. 28, 2019 |
Jun. 29, 2018 |
Jun. 28, 2019 |
Jun. 29, 2018 |
Jan. 01, 2019 |
Dec. 31, 2018 |
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
$ 0
|
|
$ 34,000,000
|
|
|
|
| Gains (losses) on net investment hedges arising during the period |
(156,000,000)
|
$ 705,000,000
|
(3,000,000)
|
$ 294,000,000
|
|
|
| Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
2,000,000
|
(8,000,000)
|
4,000,000
|
(10,000,000)
|
|
|
| Long-term Debt [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Amount of Hedged Item |
13,310
|
|
13,310
|
|
|
$ 8,043
|
| Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) |
526
|
|
526
|
|
|
62
|
| Interest Rate Swap [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
12,696,000,000
|
|
12,696,000,000
|
|
|
8,023,000,000
|
| Designated as Hedging Instrument [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
628,000,000
|
|
628,000,000
|
|
|
245,000,000
|
| Derivative instruments, liabilities, fair value |
95,000,000
|
|
95,000,000
|
|
|
75,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
31,000,000
|
|
31,000,000
|
|
|
43,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
97,000,000
|
|
97,000,000
|
|
|
114,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
30,000,000
|
|
30,000,000
|
|
|
19,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
37,000,000
|
|
37,000,000
|
|
|
15,000,000
|
| Designated as Hedging Instrument [Member] | Commodity contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
0
|
|
0
|
|
|
1,000,000
|
| Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
500,000,000
|
|
500,000,000
|
|
|
88,000,000
|
| Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
17,000,000
|
|
17,000,000
|
|
|
0
|
| Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
11,000,000
|
|
11,000,000
|
|
|
40,000,000
|
| Not Designated as Hedging Instrument [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(51,000,000)
|
(40,000,000)
|
28,000,000
|
(92,000,000)
|
|
|
| Derivative instruments, assets, fair value |
55,000,000
|
|
55,000,000
|
|
|
70,000,000
|
| Derivative instruments, liabilities, fair value |
133,000,000
|
|
133,000,000
|
|
|
160,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
6,188,000,000
|
|
6,188,000,000
|
|
|
10,939,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
24,000,000
|
|
24,000,000
|
|
|
61,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
86,000,000
|
|
86,000,000
|
|
|
101,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
1,000,000
|
|
1,000,000
|
|
|
0
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
718,000,000
|
|
718,000,000
|
|
|
373,000,000
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
11,000,000
|
|
11,000,000
|
|
|
2,000,000
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
1,000,000
|
|
1,000,000
|
|
|
0
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
41,000,000
|
|
41,000,000
|
|
|
38,000,000
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
5,000,000
|
|
5,000,000
|
|
|
8,000,000
|
| Not Designated as Hedging Instrument [Member] | Other derivative instruments | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
18,000,000
|
|
18,000,000
|
|
|
7,000,000
|
| Not Designated as Hedging Instrument [Member] | Other derivative instruments | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
1,000,000
|
|
1,000,000
|
|
|
0
|
| Not Designated as Hedging Instrument [Member] | Other derivative instruments | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
0
|
|
0
|
|
|
$ 13,000,000
|
| Net operating revenues | Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(2,000,000)
|
33,000,000
|
(13,000,000)
|
26,000,000
|
|
|
| Other Income (loss) - net | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
0
|
0
|
|
|
| Other Income (loss) - net | Foreign currency contracts | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
0
|
(6,000,000)
|
|
|
| Other Income (loss) - net | Available-for-sale Securities [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
0
|
6,000,000
|
|
|
| Other Income (loss) - net | Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(46,000,000)
|
(73,000,000)
|
(25,000,000)
|
(116,000,000)
|
|
|
| Other Income (loss) - net | Not Designated as Hedging Instrument [Member] | Other derivative instruments |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
1,000,000
|
|
0
|
|
|
| Cost of goods sold | Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
4,000,000
|
1,000,000
|
2,000,000
|
(6,000,000)
|
|
|
| Cost of goods sold | Not Designated as Hedging Instrument [Member] | Commodity contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(18,000,000)
|
(2,000,000)
|
2,000,000
|
12,000,000
|
|
|
| Selling, general and administrative expenses | Not Designated as Hedging Instrument [Member] | Other derivative instruments |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
11,000,000
|
(1,000,000)
|
28,000,000
|
(7,000,000)
|
|
|
| Interest Expense [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
2,000,000
|
(8,000,000)
|
4,000,000
|
(10,000,000)
|
|
|
| Interest Expense [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
229,000,000
|
(3,000,000)
|
441,000,000
|
(19,000,000)
|
|
|
| Interest Expense [Member] | Fixed-rate debt | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(227,000,000)
|
(5,000,000)
|
(437,000,000)
|
9,000,000
|
|
|
| Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
$ 0
|
$ 1,000,000
|
$ 0
|
$ (1,000,000)
|
|
|
| Accounting Standards Update 2017-12 [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
$ (12,000,000)
|
|
| Accounting Standards Update 2017-12 [Member] | Long-term Debt [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
24,000,000
|
|
| Accounting Standards Update 2017-12 [Member] | Reinvested Earnings | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
$ (18,000,000)
|
|