XML 49 R39.htm IDEA: XBRL DOCUMENT v3.23.1
Derivative Instruments and Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Apr. 01, 2023
Dec. 31, 2022
Derivatives, Fair Value [Line Items]    
Fair Value Of Related Hedge Portion Of Long Term Debt $ 1,100 $ 1,100
Long-term debt total, carrying value 5,800 5,300
Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 99 194
Liabilities (84) (86)
Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 93 110
Liabilities (82) (86)
Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Liabilities 0 0
Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 6 4
Liabilities (6) (2)
Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 99 194
Liabilities (84) (86)
Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 87 106
Liabilities (76) (84)
Cross currency interest rate contract | Other current assets | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 63 88
Cross currency interest rate contract | Other current assets | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Cross currency interest rate contract | Other current assets | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 63 88
Cross currency interest rate contract | Other assets | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 26 36
Cross currency interest rate contract | Other assets | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Cross currency interest rate contract | Other assets | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 26 36
Cross currency interest rate contract | Other current liabilities | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (7) 0
Cross currency interest rate contract | Other current liabilities | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Cross currency interest rate contract | Other current liabilities | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (7) 0
Cross currency interest rate contract | Other liabilities | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Cross currency interest rate contract | Other liabilities | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Cross currency interest rate contract | Other liabilities | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Foreign currency exchange contracts | Other current assets | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 58 74
Foreign currency exchange contracts | Other current assets | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Foreign currency exchange contracts | Other current assets | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 58 74
Foreign currency exchange contracts | Other assets | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 14 14
Foreign currency exchange contracts | Other assets | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Foreign currency exchange contracts | Other assets | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 14 14
Foreign currency exchange contracts | Other current liabilities | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (45) (50)
Foreign currency exchange contracts | Other current liabilities | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Foreign currency exchange contracts | Other current liabilities | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (45) (50)
Foreign currency exchange contracts | Other liabilities | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (11) (9)
Foreign currency exchange contracts | Other liabilities | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Foreign currency exchange contracts | Other liabilities | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (11) (9)
Interest rate contracts | Other current assets | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 45
Interest rate contracts | Other current assets | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 9 4
Interest rate contracts | Other current assets | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Interest rate contracts | Other current assets | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Interest rate contracts | Other current assets | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 45
Interest rate contracts | Other current assets | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 9 4
Interest rate contracts | Other assets | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 10 25
Interest rate contracts | Other assets | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 6 14
Interest rate contracts | Other assets | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Interest rate contracts | Other assets | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Interest rate contracts | Other assets | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 10 25
Interest rate contracts | Other assets | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 6 14
Interest rate contracts | Other current liabilities | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Interest rate contracts | Other current liabilities | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (11) (7)
Interest rate contracts | Other current liabilities | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Interest rate contracts | Other current liabilities | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Interest rate contracts | Other current liabilities | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities [1] 0 0
Interest rate contracts | Other current liabilities | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (11) (7)
Interest rate contracts | Other liabilities | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (77) (86)
Interest rate contracts | Other liabilities | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (9) (18)
Interest rate contracts | Other liabilities | Level 1 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Interest rate contracts | Other liabilities | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Interest rate contracts | Other liabilities | Level 2 | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities [1] (77) (86)
Interest rate contracts | Other liabilities | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (9) (18)
Commodity contracts | Other current assets | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 6 4
Commodity contracts | Other current assets | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 6 4
Commodity contracts | Other current assets | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Assets 0 0
Commodity contracts | Other current liabilities | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (6) (2)
Commodity contracts | Other current liabilities | Level 1 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities (6) (2)
Commodity contracts | Other current liabilities | Level 2 | Not Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Liabilities 0 0
Net Investment Hedging    
Derivatives, Fair Value [Line Items]    
Long-term debt total, carrying value $ 1,600 $ 1,600
[1] The fair value of the related hedged portion of the Company's long-term debt, a level 2 liability, was $1.1 billion as of April 1, 2023 and December 31, 2022, respectively.