Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES (Details)

v2.4.0.6
DERIVATIVES (Details)
In Millions, unless otherwise specified
6 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended
Jul. 01, 2012
Foreign currency forward contracts
USD ($)
Dec. 31, 2011
Foreign currency forward contracts
Jul. 01, 2012
Foreign currency forward contracts
United States Dollar (USD)
USD ($)
Dec. 31, 2011
Foreign currency forward contracts
United States Dollar (USD)
USD ($)
Jul. 01, 2012
Foreign currency forward contracts
British Pound Sterling (GBP)
GBP (£)
Dec. 31, 2011
Foreign currency forward contracts
British Pound Sterling (GBP)
GBP (£)
Jul. 01, 2012
Foreign currency forward contracts
Euro (EUR)
EUR (€)
Dec. 31, 2011
Foreign currency forward contracts
Euro (EUR)
EUR (€)
Jul. 01, 2012
Foreign currency forward contracts
Singapore Dollar (SGD)
SGD
Dec. 31, 2011
Foreign currency forward contracts
Singapore Dollar (SGD)
SGD
Jul. 01, 2012
Foreign currency forward contracts
Indian Rupee (INR)
INR
Dec. 31, 2011
Foreign currency forward contracts
Indian Rupee (INR)
INR
Jul. 01, 2012
Foreign currency forward contracts
Japanese Yen (JPY)
JPY (¥)
Dec. 31, 2011
Foreign currency forward contracts
Japanese Yen (JPY)
JPY (¥)
Jul. 01, 2012
Foreign currency forward contracts
Canadian Dollar (CAD)
CAD
Dec. 31, 2011
Foreign currency forward contracts
Canadian Dollar (CAD)
CAD
Jul. 01, 2012
Foreign currency forward contracts
South Korea Won (KRW)
KRW
Dec. 31, 2011
Foreign currency forward contracts
South Korea Won (KRW)
KRW
Jul. 01, 2012
Foreign currency forward contracts
Chinese Renmimbi (CNY)
CNY
Dec. 31, 2011
Foreign currency forward contracts
Chinese Renmimbi (CNY)
CNY
Jul. 01, 2012
Commodity swap contracts
USD ($)
Jul. 01, 2012
Commodity swap contracts
Copper (in metric tons)
USD ($)
T
Dec. 31, 2011
Commodity swap contracts
Copper (in metric tons)
USD ($)
T
Jul. 01, 2012
Commodity swap contracts
Platinum (in troy ounces)
USD ($)
ozt
Dec. 31, 2011
Commodity swap contracts
Platinum (in troy ounces)
USD ($)
ozt
Jul. 01, 2012
Commodity swap contracts
Palladium (in troy ounces)
USD ($)
ozt
Dec. 31, 2011
Commodity swap contracts
Palladium (in troy ounces)
USD ($)
ozt
Nov. 30, 2005
Interest rate contracts
USD ($)
Jul. 01, 2012
Interest rate contracts
USD ($)
Jun. 26, 2011
Interest rate contracts
USD ($)
Jul. 01, 2012
Interest rate contracts
USD ($)
Jun. 26, 2011
Interest rate contracts
USD ($)
Derivatives                                                                
Internal policy for managing derivative cash flows, time period 1 year                                       3 years                      
Reclassification of unrealized net gain (loss) on foreign exchange forward contracts from AOCL to income over the next year. $ (2)                                                              
Notional percent of foreign currency derivatives 96.00% 98.00%                                                            
Notional amount for foreign currency forward contracts     167 181 271 347 18 47 9 20 1,815 1,701 2,207 3,348 57 39 47,667 36,833 62 61                        
Reclassification of unrealized net gain (loss) from AOCL to income over the next year                                         (5)                      
Notional amount for commodities                                           67 78 81 84 8 5          
Non-monetary notional amount (in units)                                           8,191 9,220 51,150 50,750 11,952 7,141          
Amount of hedged item                                                       250        
Fixed rate on debt issue, due in 2028 (as a percent)                                                       7.125%        
Basis of variable rate                                                       LIBOR spread        
Income Statement Classification                                                             Interest expense  
Gain/(Loss) on Swaps                                                         17 18 5 10
Gain/(Loss) on Borrowings                                                         $ (17) $ (18) $ (5) $ (10)