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Debt Obligations and Commitments (Tables)
12 Months Ended
Dec. 29, 2018
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:
 
2018(a)

 
2017(a)

Short-term debt obligations (b)
 
 
 
Current maturities of long-term debt
$
3,953

 
$
4,020

Commercial paper (1.3%)

 
1,385

Other borrowings (6.0% and 4.7%)
73

 
80

 
$
4,026

 
$
5,485

Long-term debt obligations (b)
 
 
 
Notes due 2018 (2.4%)
$

 
$
4,016

Notes due 2019 (3.1% and 2.1%)
3,948

 
3,933

Notes due 2020 (3.9% and 3.1%)
3,784

 
3,792

Notes due 2021 (3.1% and 2.4%)
3,257

 
3,300

Notes due 2022 (2.8% and 2.6%)
3,802

 
3,853

Notes due 2023 (2.9% and 2.4%)
1,270

 
1,257

Notes due 2024-2047 (3.7% and 3.8%)
16,161

 
17,634

Other, due 2018-2026 (1.3% and 1.3%)
26

 
31

 
32,248

 
37,816

Less: current maturities of long-term debt obligations
(3,953
)
 
(4,020
)
Total
$
28,295

 
$
33,796


(a)
Amounts are shown net of unamortized net discounts of $119 million and $155 million for 2018 and 2017, respectively.
(b)
The interest rates presented reflect weighted-average effective interest 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.
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.