Quarterly report pursuant to Section 13 or 15(d)

HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details)

v3.24.1.u1
HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Dec. 31, 2023
Fair Value, Derivatives Designated and Not Designated as Hedges      
Maximum Length of Time Hedged in Cash Flow Hedge 3 years    
Anticipated gains (losses) cash flows hedges, estimated reclassification to earnings during next twelve months $ 17    
Reclassification adjustments recognized in net income 103 $ 101  
Net Investment Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 11,624   $ 12,587
Reclassification adjustments recognized in net income (3)    
Foreign currency contracts | Cash Flow Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 9,145   9,408
Foreign currency contracts | Net Investment Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 0   150
Cross Currency Swap | Cash Flow Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 958   958
Commodity Contract | Cash Flow Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 32   54
Interest Rate Contract | Cash Flow Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 1,150   750
Interest Rate Swap | Fair Value Hedging      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 12,958   13,693
Not Designated as Hedging Instrument [Member] | Foreign currency contracts      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount 6,023   6,989
Not Designated as Hedging Instrument [Member] | Commodity Contract      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivative, Notional Amount $ 305   $ 325