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Derivative Instruments and Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2011
Derivative Instruments and Fair Value Measurements [Abstract]  
Fair value of derivative instruments designated as hedging instruments
                         
                Asset (Liability)  
(In millions)   Borrowing Group   Balance Sheet Location       

December 31,

2011

 

January 1,

2011

 

Assets

                       

Interest rate exchange contracts*

  Finance   Other assets       $            22   $ 34  

Foreign currency exchange contracts

  Manufacturing   Other current assets       9     39  

Total

              $            31   $ 73  

Liabilities

                       

Interest rate exchange contracts*

  Finance   Other liabilities       $           (7)   $ (6

Foreign currency exchange contracts

  Manufacturing   Accrued liabilities       (5)     (2

Total

              $         (12)   $ (8
Assets measured at fair value on a nonrecurring basis
                                 
    Balance at     Gain (Loss)  
(In millions)   December 31,
2011
    January 1,
2011
    2011     2010  

Finance group

                               

Impaired finance receivables

  $ 81     $ 504     $ (82   $ (148

Finance receivables held for sale

    418       413       (206     (22

Other assets

    128       149       (49     (47

Manufacturing group

                               

Intangible assets

    15             (41      
Carrying value and estimated fair values of financial instruments
                                 
     December 31, 2011     January 1, 2011  
(In millions)   Carrying
Value
   

Estimated

Fair Value

    Carrying
Value
   

Estimated

Fair Value

 

Manufacturing group

                               

Long-term debt, excluding leases

  $     (2,328   $     (2,561   $     (2,172   $     (2,698

Finance group

                               

Finance receivables held for investment, excluding leases

    1,997       1,848       3,345       3,131  

Debt

    (1,974     (1,854     (3,660     (3,528