OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||||||||
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Jun. 30, 2013
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Jul. 01, 2012
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Jun. 30, 2013
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Jul. 01, 2012
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
Other income (expense), net | $ 1 | $ 14 | $ 19 | $ 16 | ||||||
NET SALES | 4,525 | [1] | 4,452 | [1] | 8,447 | [1] | 8,924 | [1] | ||
Cost of sales | 3,372 | 3,242 | 6,337 | 6,516 | ||||||
Total before taxes | 613 | 661 | 1,044 | 1,311 | ||||||
Income tax expense | (172) | (166) | (291) | (341) | ||||||
CONSOLIDATED NET INCOME | 441 | 495 | 753 | 970 | ||||||
Reclassified out of accumulated other comprehensive income (loss)
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
CONSOLIDATED NET INCOME | 17 | 23 | ||||||||
Unrealized gain (loss) on marketable securities | Reclassified out of accumulated other comprehensive income (loss)
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
Other income (expense), net | (1) | (11) | ||||||||
Income tax expense | 1 | 2 | ||||||||
CONSOLIDATED NET INCOME | (9) | |||||||||
Realized (gain) loss on derivatives | Reclassified out of accumulated other comprehensive income (loss)
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
Total before taxes | 1 | (1) | ||||||||
Income tax expense | 1 | |||||||||
CONSOLIDATED NET INCOME | 1 | |||||||||
Realized (gain) loss on derivatives | Foreign currency forward contracts | Reclassified out of accumulated other comprehensive income (loss)
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
NET SALES | 2 | 2 | ||||||||
Realized (gain) loss on derivatives | Commodity swap contracts | Reclassified out of accumulated other comprehensive income (loss)
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
Cost of sales | (1) | (3) | ||||||||
Pension and other postretirement defined benefit plans | Reclassified out of accumulated other comprehensive income (loss)
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||
Recognized actuarial loss | 23 | 47 | ||||||||
Total before taxes | 23 | 47 | ||||||||
Income tax expense | (7) | (15) | ||||||||
CONSOLIDATED NET INCOME | $ 16 | $ 32 | ||||||||
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