INCOME TAXES (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 |
Jul. 01, 2022 |
Jun. 30, 2023 |
Jul. 01, 2022 |
|
Income Tax Contingency [Line Items] | ||||
Income taxes | $ 359 | $ 384 | $ 1,299 | $ 1,049 |
Effective tax rate (as a percent) | 12.50% | 16.80% | 18.70% | 18.30% |
U.S. statutory rate (as a percent) | 21.00% | 21.00% | 21.00% | 21.00% |
Other Tax Expense (Benefit) | $ (120) | $ (125) |
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- 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. No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of other income tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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