Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

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)	Mar 31, 2018		Dec 30, 2017		Apr 1, 2017
Foreign currency contracts	$	22,020	$	19,958	$	18,575
Interest rate contracts	20,905		16,823		14,815
Other	2,154		1,636		1,357
Total	$	45,079	$	38,417	$	34,747

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

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

Line Item in the Consolidated Condensed 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)	Mar 31, 2018			Dec 30, 2017			Mar 31, 2018		Dec 30, 2017
Long-Term Debt	$	(16,612	)	$	(12,653	)	$	510	$	252

FAIR VALUE OF DERIVATIVE INSTRUMENTS IN THE CONSOLIDATED CONDENSED BALANCE SHEETS

	March 31, 2018				December 30, 2017
(In Millions)	Assets 1		Liabilities 2		Assets 1		Liabilities 2
Derivatives designated as hedging instruments:
Foreign currency contracts 3	$	303	$	9	$	283	$	32
Interest rate contracts	30		540		1		254
Total derivatives designated as hedging instruments	333		549		284		286
Derivatives not designated as hedging instruments:
Foreign currency contracts 3	94		575		52		447
Interest rate contracts	31		22		18		24
Other	—		—		9		—
Total derivatives not designated as hedging instruments	125		597		79		471
Total derivatives	$	458	$	1,146	$	363	$	757

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:

	March 31, 2018
							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	$	440	$	—	$	440	$	(327	)	$	(61	)	$	52
Reverse repurchase agreements	1,649		—		1,649		—			(1,649		)	—
Total assets	2,089		—		2,089		(327		)	(1,710		)	52
Liabilities:
Derivative liabilities subject to master netting arrangements	1,133		—		1,133		(327		)	(753		)	53
Total liabilities	$	1,133	$	—	$	1,133	$	(327	)	$	(753	)	$	53

	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

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:

	March 31, 2018
							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	$	440	$	—	$	440	$	(327	)	$	(61	)	$	52
Reverse repurchase agreements	1,649		—		1,649		—			(1,649		)	—
Total assets	2,089		—		2,089		(327		)	(1,710		)	52
Liabilities:
Derivative liabilities subject to master netting arrangements	1,133		—		1,133		(327		)	(753		)	53
Total liabilities	$	1,133	$	—	$	1,133	$	(327	)	$	(753	)	$	53

	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

Not Designated as Hedging Instrument [Member]

Derivative [Line Items]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

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

		Three Months Ended
(In Millions)	Location of Gains (Losses) Recognized in Income on Derivatives	Mar 31, 2018			Apr 1, 2017
Foreign currency contracts	Interest and other, net	$	(170	)	$	(160	)
Interest rate contracts	Interest and other, net	14			(2		)
Other	Various	(31		)	58
Total		$	(187	)	$	(104	)

Interest and other, net [Member] | Fair Value Hedging [Member]

Derivative [Line Items]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [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:

	Three Months Ended
(In Millions)	Mar 31, 2018			Apr 1, 2017
Interest rate contracts	$	(258	)	$	(14	)
Hedged items	258			14
Total	$	—		$	—