Debt and Other Financing Arrangements (Tables)

3 Months Ended

Apr. 03, 2021

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

	Effective Interest Rate at April 3,		April 3,		December 31,
(Dollars in millions)	2021		2021		2020
2.15% 7-Year Senior Notes, Due 7/21/2022 (euro-denominated)			$	—	$	611
3.00% 7-Year Senior Notes, Due 4/15/2023			—		1,000
4.15% 10-Year Senior Notes, Due 2/1/2024			—		1,000
0.75% 8-Year Senior Notes, Due 9/12/2024 (euro-denominated)	0.95	%	1,176		1,222
0.125% 5.5-Year Senior Notes, Due 3/1/2025 (euro-denominated)	0.42	%	940		977
4.133% 5-Year Senior Notes, Due 3/25/2025	4.32	%	1,100		1,100
2.00% 10-Year Senior Notes, Due 4/15/2025 (euro-denominated)	2.10	%	752		782
3.65% 10-Year Senior Notes, Due 12/15/2025	3.77	%	350		350
1.40% 8.5-Year Senior Notes, Due 1/23/2026 (euro-denominated)	1.53	%	823		855
2.95% 10-Year Senior Notes, Due 9/19/2026	3.19	%	1,200		1,200
1.45% 10-Year Senior Notes, Due 3/16/2027 (euro-denominated)	1.67	%	589		611
1.75% 7-Year Senior Notes, Due 4/15/2027 (euro-denominated)	1.98	%	706		733
3.20% 10-Year Senior Notes, Due 8/15/2027	3.39	%	750		750
0.50% 8.5-Year Senior Notes, Due 3/1/2028 (euro-denominated)	0.78	%	940		977
1.375% 12-Year Senior Notes, Due 9/12/2028 (euro-denominated)	1.46	%	706		733
1.95% 12-Year Senior Notes, Due 7/24/2029 (euro-denominated)	2.08	%	823		855
2.60% 10-Year Senior Notes, Due 10/1/2029	2.74	%	900		900
4.497% 10-Year Senior Notes, Due 3/25/2030	5.31	%	1,100		1,100
0.875% 12-Year Senior Notes, Due 10/1/2031 (euro-denominated)	1.14	%	1,058		1,099
2.375% 12-Year Senior Notes, Due 4/15/2032 (euro-denominated)	2.56	%	706		733
2.875% 20-Year Senior Notes, Due 7/24/2037 (euro-denominated)	2.94	%	823		855
1.50% 20-Year Senior Notes, Due 10/1/2039 (euro-denominated)	1.73	%	1,058		1,099
5.30% 30-Year Senior Notes, Due 2/1/2044	5.37	%	400		400
4.10% 30-Year Senior Notes, Due 8/15/2047	4.23	%	750		750
1.875% 30-Year Senior Notes, Due 10/1/2049 (euro-denominated)	1.99	%	1,176		1,222
Other			17		12
Total Borrowings at Par Value			18,843		21,926
Fair Value Hedge Accounting Adjustments			—		25
Unamortized Discount			(93)		(102)
Unamortized Debt Issuance Costs			(105)		(114)
Total Borrowings at Carrying Value			18,645		21,735
Less: Short-term Obligations and Current Maturities			4		2,628
Long-term Obligations			$	18,641	$	19,107