Debt Obligations and Commitments (Tables)

12 Months Ended

Dec. 30, 2017

Debt Obligations and Commitments [Abstract]

Schedule of Long and Short-Term Debt Contractural Commitments

Debt Obligations

The following table summarizes the Company’s debt obligations:

	2017(a)			2016(a)
Short-term debt obligations (b)
Current maturities of long-term debt	$	4,020		$	4,401
Commercial paper (1.3% and 0.6%)	1,385			2,257
Other borrowings (4.7% and 4.4%)	80			234
	$	5,485		$	6,892
Long-term debt obligations (b)
Notes due 2017 (1.4%)	$	—		$	4,398
Notes due 2018 (2.4% and 2.3%)	4,016			2,561
Notes due 2019 (2.1% and 1.7%)	3,933			2,837
Notes due 2020 (3.1% and 2.6%)	3,792			3,816
Notes due 2021 (2.4% and 2.4%)	3,300			2,249
Notes due 2022 (2.6% and 2.8%)	3,853			2,655
Notes due 2023-2047 (3.7% and 3.8%)	18,891			15,903
Other, due 2017-2026 (1.3% and 1.4%)	31			35
	37,816			34,454
Less: current maturities of long-term debt obligations	(4,020		)	(4,401		)
Total	$	33,796		$	30,053

(a) Amounts are shown net of unamortized net discounts of $155 million and $142 million for 2017 and 2016, respectively.

(b) The interest rates presented reflect weighted-average rates at year-end. Certain of our fixed rate indebtedness have been swapped to floating rates through the use of interest rate derivative instruments. See Note 9 for additional information regarding our interest rate derivative instruments.

In 2017, we issued the following senior notes:

Interest Rate		Maturity Date	Amount(a)
Floating rate		May 2019	$	350
Floating rate		May 2022	$	400
1.550	%	May 2019	$	750
2.250	%	May 2022	$	750
4.000	%	May 2047	$	750
2.150	%	May 2024	C$	750	(b)
Floating rate		October 2018	$	1,500
2.000	%	April 2021	$	1,000
3.000	%	October 2027	$	1,500

Schedule Of Long-Term Contractual Commitments

See “Our Liquidity and Capital Resources” in Management’s Discussion and Analysis of Financial Condition and Results of Operations for further unaudited information on our borrowings and long-term contractual commitments.