|
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) | ||||||||||||||||||||||||||||