XML 99 R67.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair value measurements - Summary of Derivative Activity (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Jan. 02, 2022
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income $ 569 $ 348 $ 789
Amount of gain or (loss) recognized in AOCI 422 454 $ (199)
Sales | Interest Rate Swap | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Sales | Cross currency interest rate swaps contracts: | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Sales | Cross currency interest rate swaps contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Sales | Forward foreign exchange contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 7 (72)  
Amount of gain or (loss) recognized in AOCI 10 5  
Cost of Products Sold | Interest Rate Swap | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Cost of Products Sold | Cross currency interest rate swaps contracts: | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Cost of Products Sold | Cross currency interest rate swaps contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Cost of Products Sold | Forward foreign exchange contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 186 (271)  
Amount of gain or (loss) recognized in AOCI 447 319  
R&D Expense | Interest Rate Swap | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
R&D Expense | Cross currency interest rate swaps contracts: | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
R&D Expense | Cross currency interest rate swaps contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
R&D Expense | Forward foreign exchange contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income (37) 149  
Amount of gain or (loss) recognized in AOCI (18) 61  
Interest (Income) Expense | Interest Rate Swap | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing (930) (1,098)  
Amount of gain or (loss) recognized in AOCI 930 1,098  
Interest (Income) Expense | Cross currency interest rate swaps contracts: | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 130 140  
Amount of gain or (loss) recognized in AOCI 130 140  
Interest (Income) Expense | Cross currency interest rate swaps contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 275 425  
Amount of gain or (loss) recognized in AOCI (156) 42  
Interest (Income) Expense | Forward foreign exchange contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Other (Income) Expense | Interest Rate Swap | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Other (Income) Expense | Cross currency interest rate swaps contracts: | Fair Value Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) recognized in income on derivative amount excluded from effectiveness testing 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Other (Income) Expense | Cross currency interest rate swaps contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 0 0  
Amount of gain or (loss) recognized in AOCI 0 0  
Other (Income) Expense | Forward foreign exchange contracts: | Cash Flow Hedging      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of gain or (loss) reclassified from AOCI into income 8 (23)  
Amount of gain or (loss) recognized in AOCI $ 9 $ (113)