Quarterly report pursuant to Section 13 or 15(d)

Hedging Transactions and Derivative Financial Instruments (Details 2)

v3.19.2
Hedging Transactions and Derivative Financial Instruments (Details 2) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2019
Jun. 29, 2018
Jun. 28, 2019
Jun. 29, 2018
Jan. 01, 2019
Dec. 31, 2018
Gains and (losses) related to derivative instruments            
Gains (losses) on net investment hedges arising during the period $ (156) $ 705 $ (3) $ 294    
Anticipated gains (losses) cash flows hedges, estimated reclassification to earnings during next twelve months     36      
Derivative, Gain (Loss) on Derivative, Net 0   34      
Cash Flow Hedging [Member]            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax (76) 0 (99)      
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (51) (58) (103)      
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 (2) 0      
Cash Flow Hedging [Member] | Interest Rate Swap [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 500   500      
Loss on Discontinuation of Interest Rate Swap Cash Flow Hedge       8    
Cash Flow Hedging [Member] | Foreign currency contracts            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 5,560   5,560     $ 3,175
Cash Flow Hedging [Member] | Foreign currency contracts | Net operating revenues            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax (25) 65 (27) 8    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) 1 39 7 54    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 1 0 1    
Cash Flow Hedging [Member] | Foreign currency contracts | Cost of goods sold            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax (3) 14 (2) 10    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) 3 2 7 1    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 0 0 (3)    
Cash Flow Hedging [Member] | Foreign currency contracts | Interest Expense [Member]            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax 0 0 0 0    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (2) (2) (4) (4)    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 0 0 0    
Cash Flow Hedging [Member] | Foreign currency contracts | Other Income (loss) - net            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax (31) (79) (53) 26    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (43) (87) (93) (20)    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 (3) 0 2    
Cash Flow Hedging [Member] | Currency Swap [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 3,028   3,028     3,028
Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Interest Expense [Member]            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax (17) 0 (17) 22    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (10) (10) (20) (20)    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 0   (8)    
Cash Flow Hedging [Member] | Commodity contracts            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 4   4     9
Cash Flow Hedging [Member] | Commodity contracts | Income from Discontinued Operations [Member]            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax       66    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion)       11    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing)       (13)    
Cash Flow Hedging [Member] | Commodity [Member] | Cost of goods sold            
Gains and (losses) related to derivative instruments            
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax       0    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion)       0    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing)       (5)    
Fair Value Hedges            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net 2 (8) 4 (10)    
Fair Value Hedges | Interest Expense [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net 2 (8) 4 (10)    
Fair Value Hedges | Other Income (loss) - net            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net     0 0    
Fair Value Hedges | Fixed-rate debt | Interest Expense [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net (227) (5) (437) 9    
Fair Value Hedges | Interest Rate Swap [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 12,696   12,696     8,023
Fair Value Hedges | Foreign currency contracts | Other Income (loss) - net            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net     0 (6)    
Fair Value Hedges | Available-for-sale Securities [Member] | Other Income (loss) - net            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net     0 6    
Fair Value Hedges | Interest Rate Contract [Member] | Interest Expense [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net 229 (3) 441 (19)    
Net Investment Hedges            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 12,510   12,510     12,494
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax   705   294    
Net Investment Hedges | Foreign currency contracts            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 0   0     0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax 7 0 29 0    
Net Investment Hedges | Foreign currency denominated debt            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 12,510   12,510     12,494
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax (163) 705 (32) 294    
Not Designated as Hedging Instrument [Member]            
Gains and (losses) related to derivative instruments            
Derivative Liability, Fair Value, Gross Liability 133   133     160
Derivative, Gain (Loss) on Derivative, Net (51) (40) 28 (92)    
Not Designated as Hedging Instrument [Member] | Foreign currency contracts            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 6,188   6,188     10,939
Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Net operating revenues            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net (2) 33 (13) 26    
Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Cost of goods sold            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net 4 1 2 (6)    
Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Income (loss) - net            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net (46) (73) (25) (116)    
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Interest Expense [Member]            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net 0 1 0 (1)    
Not Designated as Hedging Instrument [Member] | Commodity contracts            
Gains and (losses) related to derivative instruments            
Derivative, Notional Amount 718   718     $ 373
Not Designated as Hedging Instrument [Member] | Commodity contracts | Cost of goods sold            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net (18) (2) 2 12    
Not Designated as Hedging Instrument [Member] | Other derivative instruments | Other Income (loss) - net            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net   1   0    
Not Designated as Hedging Instrument [Member] | Other derivative instruments | Selling, general and administrative expenses            
Gains and (losses) related to derivative instruments            
Derivative, Gain (Loss) on Derivative, Net $ 11 $ (1) $ 28 $ (7)    
Accounting Standards Update 2017-12 [Member]            
Gains and (losses) related to derivative instruments            
Cumulative Effect of New Accounting Principle in Period of Adoption         $ (12)