Debt and Other Financing Arrangements (Tables)

9 Months Ended

Sep. 26, 2015

Debt And Other Financing Arrangements Disclosure [Abstract]

Schedule of Debt [Table Text Block]

		Effective
		Interest Rate at
		September 26,	September 26,			December 31,
(Dollars in millions)		2015		2015		2014
Commercial Paper		1.01%		$	727.6	$	—
Term Loan					—		1,275.0
4.40% 5-Year Senior Notes, Due 3/1/2015					—		500.0
3.20% 5-Year Senior Notes, Due 5/1/2015					—		450.0
5.00% 10-Year Senior Notes, Due 6/1/2015					—		250.0
3.50% 5-Year Senior Notes, Due 1/15/2016		1.06%			400.0		400.0
3.20% 5-Year Senior Notes, Due 3/1/2016		3.21%			900.0		900.0
2.25% 5-Year Senior Notes, Due 8/15/2016		2.29%			1,000.0		1,000.0
1.30% 3-Year Senior Notes, Due 2/1/2017		0.70%			900.0		900.0
1.85% 5-Year Senior Notes, Due 1/15/2018		1.85%			500.0		500.0
2.40% 5-Year Senior Notes, Due 2/1/2019		2.44%			900.0		900.0
6.00% 10-Year Senior Notes, Due 3/1/2020		2.98%			750.0		750.0
4.70% 10-Year Senior Notes, Due 5/1/2020		3.03%			300.0		300.0
5.00% 10-Year Senior Notes, Due 1/15/2021		3.25%			400.0		400.0
4.50% 10-Year Senior Notes, Due 3/1/2021		2.93%			1,000.0		1,000.0
3.60% 10-Year Senior Notes, Due 8/15/2021		2.63%			1,100.0		1,100.0
3.30% 7-Year Senior Notes, Due 2/15/2022		3.30%			800.0		800.0
2.15% 7-Year Senior Notes, Due 7/21/2022 (euro-denominated)		2.18%			559.8		—
3.15% 10-Year Senior Notes, Due 1/15/2023		3.21%			800.0		800.0
4.15% 10-Year Senior Notes, Due 2/1/2024		4.07%			1,000.0		1,000.0
2.00% 10-Year Senior Notes, Due 4/15/2025 (euro-denominated)		2.03%			716.5		774.3
5.30% 30-Year Senior Notes, Due 2/1/2044		5.30%			400.0		400.0
Other					17.4		23.2
Total Borrowings at Par Value					13,171.3		14,422.5
	Fair Value Hedge Accounting Adjustments				26.9		(0.5)
	Unamortized Premium, Net				113.7		142.0
Total Borrowings at Carrying Value					13,311.9		14,564.0
	Less: Short-term Obligations and Current Maturities				3,034.0		2,212.4
Long-term Obligations				$	10,277.9	$	12,351.6

Schedule of Derivative Instruments [Table Text Block]

	The following table summarizes the outstanding interest rate swap arrangements on the company's senior notes
at September 26, 2015:
			Aggregate		Pay Rate as of
			Notional		September 26,
(Dollars in millions)			Amount	Pay Rate	2015	Receive Rate
1.30% Senior Notes due 2017		$	900.0	1-month LIBOR + 0.6616%	0.8586%	1.30%
4.70% Senior Notes due 2020		$	300.0	1-month LIBOR + 3.1560%	3.3530%	4.70%
4.50% Senior Notes due 2021		$	1,000.0	1-month LIBOR + 2.8680%	3.0650%	4.50%
3.60% Senior Notes due 2021		$	1,100.0	1-month LIBOR + 1.9370%	2.1436%	3.60%