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Financial Instruments (Tables)
 12 Months Ended
Dec. 28, 2013
Derivative Instruments and Hedges, Assets [Abstract]  
Fair Values Of Financial Assets And Liabilities
The fair values of our financial assets and liabilities as of December 28, 2013 and December 29, 2012 are categorized as follows:
 
2013
 
2012
 
Assets(a)
 
Liabilities(a)
 
Assets(a)
 
Liabilities(a)
Available-for-sale securities(b)
$
135

 
$
—

 
$
79

 
$
—

Short-term investments – index funds(c)
$
184

 
$
—

 
$
161

 
$
—

Prepaid forward contracts(d)
$
24

 
$
—

 
$
33

 
$
—

Deferred compensation(e)
$
—

 
$
504

 
$
—

 
$
492

Derivatives designated as fair value hedging instruments:
 
 
 
 
 
 
 
Interest rate(f)
$
176

 
$
10

 
$
276

 
$
—

Derivatives designated as cash flow hedging instruments:
 
 
 
 
 
 
 
Foreign exchange(g)
$
22

 
$
13

 
$
5

 
$
19

Interest rate(f)
19

 
—

 
6

 
—

Commodity(h)
6

 
29

 
8

 
24

 
$
47

 
$
42

 
$
19

 
$
43

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign exchange(g)
$
12

 
$
8

 
$
8

 
$
6

Interest rate(f)
71

 
94

 
123

 
153

Commodity(h)
20

 
89

 
40

 
45

 
$
103

 
$
191

 
$
171

 
$
204

Total derivatives at fair value
$
326

 
$
243

 
$
466

 
$
247

Total
$
669

 
$
747

 
$
739

 
$
739

 
(a)
Financial assets are classified on our balance sheet within prepaid expenses and other current assets and other assets, with the exception of available-for-sale securities and short-term investments, which are classified as short-term investments. Financial liabilities are classified on our balance sheet within accounts payable and other current liabilities and other liabilities. Unless specifically indicated, all financial assets and liabilities are categorized as Level 2 assets or liabilities.
(b)
Based on the price of common stock. Categorized as a Level 1 asset.
(c)
Based on the price of index funds. Categorized as a Level 1 asset.
(d)
Based primarily on the price of our common stock.
(e)
Based on the fair value of investments corresponding to employees’ investment elections. As of December 28, 2013, all balances are categorized as Level 2 liabilities. As of December 29, 2012, $10 million are categorized as Level 1 liabilities and the remaining balances are categorized as Level 2 liabilities.
(f)
Based on LIBOR forward rates and recently reported market transactions of spot and forward rates.
(g)
Based on recently reported market transactions of spot and forward rates.
(h)
Based on recently reported market transactions, primarily swap arrangements.
Effective Portion Of Pre-Tax (Gains)/Losses On Derivative Instruments
The effective portion of the pre-tax losses/(gains) on our derivative instruments is categorized in the table below.
 
Fair Value/Non-
designated Hedges
 
Cash Flow Hedges
 
Losses/(Gains)
Recognized in
Income Statement(a)
 
Losses/(Gains)
Recognized in
Accumulated Other
Comprehensive Loss
 
Losses
Reclassified from
Accumulated Other
Comprehensive Loss
into Income
Statement(b)
2013

 
2012

 
2013

 
2012

 
2013

 
2012

Foreign exchange
$
(9
)
 
$
(23
)
 
$
(24
)
 
$
41

 
$
—

 
$
8

Interest rate
99

 
17

 
(13
)
 
(2
)
 
3

 
19

Commodity
126

 
(23
)
 
57

 
11

 
42

 
63

Total
$
216

 
$
(29
)
 
$
20

 
$
50

 
$
45

 
$
90

 
(a)
Foreign exchange derivative gains/losses are primarily included in selling, general and administrative expenses. Interest rate derivative losses are primarily from fair value hedges and are included in interest expense. These losses are substantially offset by decreases in the value of the underlying debt, which are also included in interest expense. Commodity derivative gains/losses are included in either cost of sales or selling, general and administrative expenses, depending on the underlying commodity.
(b)
Foreign exchange derivative gains/losses are primarily included in cost of sales. Interest rate derivative losses are included in interest expense. Commodity derivative gains/losses are included in either cost of sales or selling, general and administrative expenses, depending on the underlying commodity.