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)

v3.24.1.u1
HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Fair Value, Derivatives Designated and Not Designated as Hedges    
Gains (Losses) arising during the period $ 27 $ (76)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (44) 1
Cash Flow Hedging    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Gains (Losses) arising during the period 46 (47)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (44) 1
Net operating revenues    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (17)  
Net operating revenues | Foreign currency contracts | Cash Flow Hedging    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Gains (Losses) arising during the period 48 (36)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (17) 1
Cost of goods sold    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax 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 11 4
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax 3 4
Cost of goods sold | Commodity Contract | Cash Flow Hedging    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Gains (Losses) arising during the period 1 (2)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (1) (3)
Interest expense    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (1)  
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
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (1) (1)
Interest expense | Interest Rate Contract | Cash Flow Hedging    
Fair Value, Derivatives Designated and Not Designated as Hedges    
Gains (Losses) arising during the period 1  
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax 0  
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 (15) (13)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax $ (28) $ 0