Quarterly report pursuant to Section 13 or 15(d)

Hedging Transactions and Derivative Financial Instruments (Details 2)

v3.19.1
Hedging Transactions and Derivative Financial Instruments (Details 2) - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2019
Mar. 30, 2018
Jan. 01, 2019
Dec. 31, 2018
Gains and (losses) related to derivative instruments        
Gains (losses) on net investment hedges arising during the period $ 153 $ (411)    
Anticipated gains (losses) cash flows hedges, estimated reclassification to earnings during next twelve months 36      
Derivative, Gain (Loss) on Derivative, Net 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 (23) 66    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (52) 69    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 (11)    
Cash Flow Hedging [Member] | Interest Rate Swap [Member]        
Gains and (losses) related to derivative instruments        
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 4,657     $ 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 (2) (57)    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) 6 15    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 0    
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 1 (4)    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) 4 (1)    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 0    
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    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (2) (2)    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 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 (22) 105    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (50) 67    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 5    
Cash Flow Hedging [Member] | Foreign currency 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   0    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion)   0    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing)   (3)    
Cash Flow Hedging [Member] | Currency Swap [Member]        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 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 0 22    
Gain (Loss) Reclassified from AOCI into Income (Effective Portion) (10) (10)    
Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) 0 (8)    
Cash Flow Hedging [Member] | Commodity contracts        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 8     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   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 (2)    
Fair Value Hedges | Interest Expense [Member]        
Gains and (losses) related to derivative instruments        
Derivative, Gain (Loss) on Derivative, Net 2 (2)    
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 (210) 14    
Fair Value Hedges | Interest Rate Swap [Member]        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 12,832     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 212 (16)    
Net Investment Hedges        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 12,448     12,494
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax   (411)    
Net Investment Hedges | Foreign currency contracts        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 100     0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax 22 0    
Net Investment Hedges | Foreign currency denominated debt        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 12,348     12,494
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax 131 (411)    
Not Designated as Hedging Instrument [Member]        
Gains and (losses) related to derivative instruments        
Derivative Liability, Fair Value, Gross Liability 42     160
Derivative, Gain (Loss) on Derivative, Net 80 (52)    
Not Designated as Hedging Instrument [Member] | Foreign currency contracts        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 6,512     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 (11) (7)    
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 (1) (1)    
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 21 (43)    
Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Income from Discontinued Operations [Member]        
Gains and (losses) related to derivative instruments        
Derivative, Gain (Loss) on Derivative, Net 0 (6)    
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 (2)    
Not Designated as Hedging Instrument [Member] | Commodity contracts        
Gains and (losses) related to derivative instruments        
Derivative, Notional Amount 450     $ 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 20 13    
Not Designated as Hedging Instrument [Member] | Commodity contracts | Income from Discontinued Operations [Member]        
Gains and (losses) related to derivative instruments        
Derivative, Gain (Loss) on Derivative, Net 0 1    
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)    
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 $ 17 $ (6)    
Accounting Standards Update 2017-12 [Member]        
Gains and (losses) related to derivative instruments        
Cumulative Effect of New Accounting Principle in Period of Adoption     $ 12