Quarterly report pursuant to Section 13 or 15(d)

HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details)

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HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Jun. 30, 2023
Jul. 01, 2022
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period $ (31) $ 97 $ (107) $ 180
Reclassification adjustments recognized in net income 4 36 3 39
Cash Flow Hedging        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period 4 99 (43) 181
Reclassification adjustments recognized in net income (4) (36) (3) (39)
Net operating revenues        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Reclassification adjustments recognized in net income 7   6  
Net operating revenues | Foreign currency contracts | Cash Flow Hedging        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period (22) 197 (58) 278
Reclassification adjustments recognized in net income (7) 52 (6) 60
Cost of goods sold        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Reclassification adjustments recognized in net income (1)   (2)  
Cost of goods sold | Foreign currency contracts | Cash Flow Hedging        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period 13 16 17 22
Reclassification adjustments recognized in net income 4 2 8 3
Cost of goods sold | Commodity Contract | Cash Flow Hedging        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period (9)   (11)  
Reclassification adjustments recognized in net income (3)   (6)  
Interest expense        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Reclassification adjustments recognized in net income 1   2  
Interest expense | Foreign currency contracts | Cash Flow Hedging        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period 0 0 0 0
Reclassification adjustments recognized in net income (1) (1) (2) (2)
Other Income (loss) - net | Foreign currency contracts | Cash Flow Hedging        
Fair Value, Derivatives Designated and Not Designated as Hedges        
Gains (Losses) arising during the period 22 (114) 9 (119)
Reclassification adjustments recognized in net income $ 3 $ (89) $ 3 $ (100)