Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 30, 2017

Derivative [Line Items]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

Total gross notional amounts for outstanding derivatives (recorded at fair value) at the end of each period were as follows:

(In Millions)	Dec 30, 2017		Dec 31, 2016		Dec 26, 2015
Foreign currency contracts	$	19,958	$	17,960	$	16,721
Interest rate contracts	16,823		14,228		8,812
Other	1,636		1,340		1,122
Total	$	38,417	$	33,528	$	26,655

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

FAIR VALUE OF DERIVATIVE INSTRUMENTS IN THE CONSOLIDATED BALANCE SHEETS

	December 30, 2017				December 31, 2016
(In Millions)	Assets1		Liabilities2		Assets1		Liabilities2
Derivatives designated as hedging instruments
Foreign currency contracts3	$	283	$	32	$	21	$	252
Interest rate contracts	1		254		3		187
Total derivatives designated as hedging instruments	284		286		24		439
Derivatives not designated as hedging instruments
Foreign currency contracts3	52		447		374		114
Interest rate contracts	18		24		15		30
Other	9		—		9		—
Total derivatives not designated as hedging instruments	79		471		398		144
Total derivatives	$	363	$	757	$	422	$	583

The amounts recorded on the consolidated balance sheet related to cumulative basis adjustments for fair value hedges for each period were as follows:

Line Item in the Consolidated Balance Sheet in Which the Hedged Item Is Included	Carrying Amount of the Hedged Item Asset/(Liabilities)						Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount Assets/(Liabilities)
Years Ended (In Millions)	Dec 30, 2017			Dec 31, 2016			Dec 30, 2017		Dec 31, 2016
Long-Term Debt	$	(12,653	)	$	(8,879	)	$	252	$	184

Offsetting Assets [Table Text Block]

The gross amounts of our derivative instruments and reverse repurchase agreements subject to master netting arrangements with various counterparties, and cash and non-cash collateral posted under such agreements at the end of each period were as follows:

	December 30, 2017
							Gross Amounts Not Offset in the Balance Sheet
(In Millions)	Gross Amounts Recognized		Gross Amounts Offset in the Balance Sheet		Net Amounts Presented in the Balance Sheet		Financial Instruments			Cash and Non-Cash Collateral Received or Pledged			Net Amount
Assets:
Derivative assets subject to master netting arrangements	$	350	$	—	$	350	$	(206	)	$	(130	)	$	14
Reverse repurchase agreements	1,649		—		1,649		—			(1,649		)	—
Total assets	1,999		—		1,999		(206		)	(1,779		)	14
Liabilities:
Derivative liabilities subject to master netting arrangements	745		—		745		(206		)	(504		)	35
Total liabilities	$	745	$	—	$	745	$	(206	)	$	(504	)	$	35

	December 31, 2016
							Gross Amounts Not Offset in the Balance Sheet
(In Millions)	Gross Amounts Recognized		Gross Amounts Offset in the Balance Sheet		Net Amounts Presented in the Balance Sheet		Financial Instruments			Cash and Non-Cash Collateral Received or Pledged			Net Amount
Assets:
Derivative assets subject to master netting arrangements	$	433	$	—	$	433	$	(368	)	$	(42	)	$	23
Reverse repurchase agreements	1,018		—		1,018		—			(1,018		)	—
Total assets	1,451		—		1,451		(368		)	(1,060		)	23
Liabilities:
Derivative liabilities subject to master netting arrangements	588		—		588		(368		)	(201		)	19
Total liabilities	$	588	$	—	$	588	$	(368	)	$	(201	)	$	19

Offsetting Liabilities [Table Text Block]

The gross amounts of our derivative instruments and reverse repurchase agreements subject to master netting arrangements with various counterparties, and cash and non-cash collateral posted under such agreements at the end of each period were as follows:

	December 30, 2017
							Gross Amounts Not Offset in the Balance Sheet
(In Millions)	Gross Amounts Recognized		Gross Amounts Offset in the Balance Sheet		Net Amounts Presented in the Balance Sheet		Financial Instruments			Cash and Non-Cash Collateral Received or Pledged			Net Amount
Assets:
Derivative assets subject to master netting arrangements	$	350	$	—	$	350	$	(206	)	$	(130	)	$	14
Reverse repurchase agreements	1,649		—		1,649		—			(1,649		)	—
Total assets	1,999		—		1,999		(206		)	(1,779		)	14
Liabilities:
Derivative liabilities subject to master netting arrangements	745		—		745		(206		)	(504		)	35
Total liabilities	$	745	$	—	$	745	$	(206	)	$	(504	)	$	35

	December 31, 2016
							Gross Amounts Not Offset in the Balance Sheet
(In Millions)	Gross Amounts Recognized		Gross Amounts Offset in the Balance Sheet		Net Amounts Presented in the Balance Sheet		Financial Instruments			Cash and Non-Cash Collateral Received or Pledged			Net Amount
Assets:
Derivative assets subject to master netting arrangements	$	433	$	—	$	433	$	(368	)	$	(42	)	$	23
Reverse repurchase agreements	1,018		—		1,018		—			(1,018		)	—
Total assets	1,451		—		1,451		(368		)	(1,060		)	23
Liabilities:
Derivative liabilities subject to master netting arrangements	588		—		588		(368		)	(201		)	19
Total liabilities	$	588	$	—	$	588	$	(368	)	$	(201	)	$	19

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The effects of derivative instruments designated as fair value hedges, recognized in interest and other, net for each period were as follows:

	Gains (Losses) Recognized in Statement of Income on Derivatives
Years Ended (In Millions)	Dec 30, 2017			Dec 31, 2016			Dec 26, 2015
Interest rate contracts	$	(68	)	$	(171	)	$	(13	)
Hedged items	68			171			13
Total	$	—		$	—		$	—

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The effects of derivative instruments not designated as hedging instruments on the consolidated statements of income for each period were as follows:

Years Ended (In Millions)	Location of Gains (Losses) Recognized in Income on Derivatives	Dec 30, 2017			Dec 31, 2016		Dec 26, 2015
Foreign currency contracts	Interest and other, net	$	(547	)	$	388	$	296
Interest rate contracts	Interest and other, net	9			8		(8		)
Other	Various	203			113		(38		)
Total		$	(335	)	$	509	$	250