Income Taxes (Tables)

12 Months Ended

Jan. 02, 2016

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax and Provision for Income Taxes [Table Text Block]

(millions)	2015			2014			2013
Income before income taxes
United States	$	551		$	502		$	2,102
Foreign	222			323			504
	773			825			2,606
Income taxes
Currently payable
Federal	212			301			302
State	42			36			68
Foreign	74			103			105
	328			440			475
Deferred
Federal	(136		)	(186		)	331
State	(14		)	(14		)	(2		)
Foreign	(19		)	(54		)	(12		)
	(169		)	(254		)	317
Total income taxes	$	159		$	186		$	792

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2015		2014		2013
U.S. statutory income tax rate	35.0		35.0	%	35.0	%
Foreign rates varying from 35%	(9.6	)	(7.9	)	(3.5	)
State income taxes, net of federal benefit	2.3		1.7		1.7
Cost (benefit) of remitted and unremitted foreign earnings	(4.4	)	(0.1	)	(0.4	)
U.S. deduction for qualified production activities	(2.3	)	(2.8	)	(0.9	)
Statutory rate changes, deferred tax impact	(0.8	)	(0.4	)	(0.5	)
VIE deconsolidation	(2.3	)	—		—
Venezuela remeasurement	5.0		—		—
Other	(2.3	)	(2.9	)	(1.0	)
Effective income tax rate	20.6	%	22.6	%	30.4	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	Deferred tax assets						Deferred tax liabilities
(millions)	2015			2014			2015		2014
U.S. state income taxes	$	13		$	10		$	43	$	49
Advertising and promotion-related	15			21			—		—
Wages and payroll taxes	21			36			—		—
Inventory valuation	31			—			—		—
Employee benefits	366			305			—		—
Operating loss and credit carryforwards	55			54			—		—
Hedging transactions	43			48			—		—
Depreciation and asset disposals	—			—			345		352
Trademarks and other intangibles	—			—			576		555
Deferred compensation	35			35			—		—
Stock options	42			38			—		—
Unremitted foreign earnings	—			—			—		1
Other	86			84			—		—
	707			631			964		957
Less valuation allowance	(63		)	(51		)	—		—
Total deferred taxes	$	644		$	580		$	964	$	957
Net deferred tax asset (liability)	$	(320	)	$	(377	)
Classified in balance sheet as:
Other current assets	$	227		$	184
Other current liabilities	(9		)	(10		)
Other assets	147			175
Other liabilities	(685		)	(726		)
Net deferred tax asset (liability)	$	(320	)	$	(377	)

Summary of Valuation Allowance [Table Text Block]

(millions)	2015			2014			2013
Balance at beginning of year	$	51		$	61		$	59
Additions charged to income tax expense	23			9			17
Reductions credited to income tax expense	(7		)	(3		)	(3		)
Other (a)	—			—			(10		)
Currency translation adjustments	(4		)	(16		)	(2		)
Balance at end of year	$	63		$	51		$	61

(a) Reduction due to the disposition of a business resulting in deferred tax asset and valuation allowance being eliminated.

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block]

(millions)	2015			2014			2013
Balance at beginning of year	$	78		$	79		$	80
Tax positions related to current year:
Additions	8			7			9
Tax positions related to prior years:
Additions	9			10			17
Reductions	(12		)	(12		)	(13		)
Settlements	(10		)	(2		)	(14		)
Lapses in statutes of limitation	—			(4		)	—
Balance at end of year	$	73		$	78		$	79