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Debt and Other Financing Arrangements (Tables)
9 Months Ended
Oct. 02, 2021
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Effective Interest Rate at October 2,October 2,December 31,
(Dollars in millions)202120212020
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)
0.94 %1,159 1,222 
0.125% 5.5-Year Senior Notes, Due 3/1/2025 (euro-denominated)
0.42 %928 977 
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 %742 782 
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 %812 855 
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)
1.66 %580 611 
1.75% 7-Year Senior Notes, Due 4/15/2027 (euro-denominated)
1.97 %696 733 
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 %928 977 
1.375% 12-Year Senior Notes, Due 9/12/2028 (euro-denominated)
1.46 %696 733 
1.750% 7-Year Senior Notes, Due 10/15/2028
1.89 %700 — 
1.95% 12-Year Senior Notes, Due 7/24/2029 (euro-denominated)
2.08 %812 855 
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 %1,043 1,099 
2.00% 10-Year Senior Notes, Due 10/15/2031
2.23 %1,200 — 
2.375% 12-Year Senior Notes, Due 4/15/2032 (euro-denominated)
2.55 %696 733 
2.875% 20-Year Senior Notes, Due 7/24/2037 (euro-denominated)
2.94 %812 855 
1.50% 20-Year Senior Notes, Due 10/1/2039 (euro-denominated)
1.73 %1,043 1,099 
2.80% 20-Year Senior Notes, Due 10/15/2041
2.90 %1,200 — 
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 %1,159 1,222 
Other 77 
Total Borrowings at Par Value
21,833 21,919 
Fair Value Hedge Accounting Adjustments
— 25 
Unamortized Discount
(107)(102)
Unamortized Debt Issuance Costs
(128)(114)
Total Borrowings at Carrying Value
21,598 21,728 
Finance Lease Liabilities
109 
Less: Short-term Obligations and Current Maturities
19 2,628 
Long-term Obligations
$21,688 $19,107 
Schedule of Subsequent Events [Table Text Block] Early in the fourth quarter, the company issued the following senior notes:
(In millions)Principal Value Issued
Floating Rate 18-Month Senior Notes, Due 4/18/2023
$1,000 
Floating Rate 2-Year Senior Notes, Due 10/18/2023
$500 
0.797% 2-Year Senior Notes, Due 10/18/2023
$1,350 
Floating Rate 3-Year Senior Notes, Due 10/18/2024
$500 
1.215% 3-Year Senior Notes, Due 10/18/2024
$2,500 
0.80% 9-Year Senior Notes, Due 10/18/2030 (euro-denominated)
1,750 
1.125% 12-Year Senior Notes, Due 10/18/2033 (euro-denominated)
1,500 
1.625% 20-Year Senior Notes, Due 10/18/2041 (euro-denominated)
1,250 
2.00% 30-Year Senior Notes, Due 10/18/2051 (euro-denominated)
750