|
Hedging Transactions and Derivative Financial Instruments (Details 2) (USD $)
In Millions, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
|
Sep. 26, 2014
|
Sep. 27, 2013
|
Sep. 26, 2014
|
Sep. 27, 2013
|
Dec. 31, 2013
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Anticipated gains (losses) cash flows hedges, estimated reclassification to earnings during next twelve months |
$ 208
|
|
|
|
|
|
Fixed-rate debt
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Increase (Decrease) in carrying value due to hedge adjustments |
22
|
|
22
|
|
|
|
Cash Flow Hedges
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
424
|
(70)
|
201
|
337
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(27)
|
60
|
37
|
133
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
1
|
|
|
Cash Flow Hedges | Interest Rate Swap [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
1,828
|
|
1,828
|
|
|
|
Cash Flow Hedges | Foreign currency contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
10,412
|
|
10,412
|
|
8,450
|
|
Cash Flow Hedges | Foreign currency contracts | Net operating revenues
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
490
|
(70)
|
378
|
150
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
19
|
53
|
62
|
123
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
1
|
|
|
Cash Flow Hedges | Foreign currency contracts | Cost of goods sold
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
36
|
(4)
|
15
|
31
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
5
|
11
|
25
|
21
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
0
|
|
|
Cash Flow Hedges | Foreign currency contracts | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
(93)
|
|
(93)
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(52)
|
|
(52)
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
|
0
|
|
|
|
Cash Flow Hedges | Currency Swap [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
2,590
|
|
2,590
|
|
|
|
Cash Flow Hedges | Interest rate contracts | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
(9)
|
4
|
(100)
|
155
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
0
|
(3)
|
0
|
(9)
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
0
|
|
|
Cash Flow Hedges | Commodity contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
16
|
|
16
|
|
26
|
|
Cash Flow Hedges | Commodity contracts | Cost of goods sold
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
0
|
0
|
1
|
1
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
1
|
(1)
|
2
|
(2)
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
0
|
|
|
Fair Value Hedges
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
2
|
3
|
2
|
19
|
|
|
Fair Value Hedges | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(6)
|
(6)
|
(17)
|
(15)
|
|
|
Fair Value Hedges | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
8
|
9
|
19
|
34
|
|
|
Fair Value Hedges | Fixed-rate debt | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
44
|
5
|
29
|
181
|
|
|
Fair Value Hedges | Interest Rate Swap [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
6,600
|
|
6,600
|
|
5,600
|
|
Fair Value Hedges | Interest Rate Swap [Member] | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(36)
|
4
|
(10)
|
(147)
|
|
|
Fair Value Hedges | Foreign currency contracts | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
12
|
39
|
(7)
|
32
|
|
|
Fair Value Hedges | Available-for-sale Securities [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
985
|
|
985
|
|
996
|
|
Fair Value Hedges | Available-for-sale Securities [Member] | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(18)
|
(45)
|
(10)
|
(47)
|
|
|
Net Investment Hedges | Foreign currency contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
1,921
|
|
1,921
|
|
2,024
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
134
|
(22)
|
(8)
|
8
|
|
|
Derivatives Not Designated as Hedging Instruments
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(42)
|
58
|
21
|
9
|
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
4,294
|
|
4,294
|
|
3,871
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts | Net operating revenues
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
6
|
(2)
|
(12)
|
2
|
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts | Cost of goods sold
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
0
|
2
|
0
|
2
|
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(70)
|
47
|
(47)
|
120
|
|
|
Derivatives Not Designated as Hedging Instruments | Interest rate contracts | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
|
|
0
|
(3)
|
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
1,164
|
|
1,164
|
|
1,441
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Net operating revenues
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(9)
|
2
|
(9)
|
1
|
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Cost of goods sold
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
25
|
(3)
|
60
|
(147)
|
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Selling, general and administrative expenses
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(15)
|
3
|
(14)
|
1
|
|
|
Derivatives Not Designated as Hedging Instruments | Other derivative instruments | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
18
|
0
|
26
|
0
|
|
|
Derivatives Not Designated as Hedging Instruments | Other derivative instruments | Selling, general and administrative expenses
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
$ 3
|
$ 9
|
$ 17
|
$ 33
|
|