|
Hedging Transactions and Derivative Financial Instruments (Details 2) (USD $)
In Millions, unless otherwise specified
|
3 Months Ended |
6 Months Ended |
|
|
Jun. 27, 2014
|
Jun. 28, 2013
|
Jun. 27, 2014
|
Jun. 28, 2013
|
Dec. 31, 2013
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
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| Anticipated gains (losses) cash flows hedges, estimated reclassification to earnings during next twelve months |
$ 16
|
|
|
|
|
|
Fixed-rate debt
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Increase (Decrease) in carrying value due to hedge adjustments |
67
|
|
67
|
|
|
|
Cash Flow Hedges
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
(100)
|
240
|
(223)
|
407
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
25
|
55
|
64
|
73
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
1
|
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 |
9,161
|
|
9,161
|
|
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 |
(50)
|
89
|
(112)
|
220
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
18
|
51
|
43
|
70
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
1
|
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 |
(9)
|
14
|
(21)
|
35
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
7
|
8
|
20
|
10
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
0
|
|
|
Cash Flow Hedges | Interest Rate Contract [Member] | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
(40)
|
138
|
(91)
|
151
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
0
|
(3)
|
0
|
(6)
|
|
| 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 |
20
|
|
20
|
|
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 |
(1)
|
(1)
|
1
|
1
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
0
|
(1)
|
1
|
(1)
|
|
| 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
|
12
|
0
|
16
|
|
|
Fair Value Hedges | Other income (loss) - net
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(7)
|
(3)
|
(11)
|
(9)
|
|
|
Fair Value Hedges | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
9
|
15
|
11
|
25
|
|
|
Fair Value Hedges | Fixed-rate debt | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
(12)
|
131
|
(15)
|
176
|
|
|
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 |
21
|
(116)
|
26
|
(151)
|
|
|
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 |
(37)
|
(17)
|
(19)
|
(7)
|
|
|
Fair Value Hedges | Available-for-sale Securities [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
983
|
|
983
|
|
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 |
30
|
14
|
8
|
(2)
|
|
|
Net Investment Hedges | Foreign currency contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
1,746
|
|
1,746
|
|
2,024
|
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net |
(74)
|
87
|
(142)
|
30
|
|
|
Derivatives Not Designated as Hedging Instruments
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
59
|
(63)
|
63
|
(49)
|
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
3,836
|
|
3,836
|
|
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)
|
6
|
(18)
|
4
|
|
|
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 |
21
|
6
|
23
|
73
|
|
|
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
|
|
|
|
|
Derivatives Not Designated as Hedging Instruments | Interest Rate Contract [Member] | Interest Expense [Member]
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Net |
0
|
(3)
|
0
|
(3)
|
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts
|
|
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
|
|
| Derivative, Notional Amount |
853
|
|
853
|
|
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 |
2
|
(1)
|
0
|
(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 |
13
|
(75)
|
35
|
(144)
|
|
|
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 |
4
|
(2)
|
1
|
(2)
|
|
|
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 |
8
|
0
|
8
|
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 |
$ 17
|
$ 4
|
$ 14
|
$ 24
|
|