OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 29, 2014
|
Jun. 30, 2013
|
Jun. 29, 2014
|
Jun. 30, 2013
|
|||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
Other income (expense), net | $ 39 | $ 1 | $ 49 | $ 19 | ||||||||
NET SALES | 4,835 | [1] | 4,525 | [1] | 9,241 | [1] | 8,447 | [1] | ||||
Cost of sales | 3,608 | 3,372 | 6,898 | 6,337 | ||||||||
Total before taxes | 642 | 613 | 1,153 | 1,044 | ||||||||
Income tax expense | (170) | (172) | (323) | (291) | ||||||||
CONSOLIDATED NET INCOME | 472 | 441 | 830 | 753 | ||||||||
Reclassified out of accumulated other comprehensive income (loss)
|
||||||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
CONSOLIDATED NET INCOME | (1) | 17 | 8 | 23 | ||||||||
Realized (gain) loss on marketable securities | Reclassified out of accumulated other comprehensive income (loss)
|
||||||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
Other income (expense), net | (12) | (1) | (13) | (11) | ||||||||
Income tax expense | 3 | 1 | 3 | 2 | ||||||||
CONSOLIDATED NET INCOME | (9) | (10) | (9) | |||||||||
Realized (gain) loss on derivatives | Reclassified out of accumulated other comprehensive income (loss)
|
||||||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
Total before taxes | (2) | 1 | (2) | (1) | ||||||||
Income tax expense | 1 | |||||||||||
CONSOLIDATED NET INCOME | (2) | 1 | (2) | 0 | ||||||||
Realized (gain) loss on derivatives | Foreign currency forward contracts | Reclassified out of accumulated other comprehensive income (loss)
|
||||||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
NET SALES | (3) | 2 | (5) | 2 | ||||||||
Realized (gain) loss on derivatives | Commodity swap contracts | Reclassified out of accumulated other comprehensive income (loss)
|
||||||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
Cost of sales | 1 | (1) | 3 | (3) | ||||||||
Pension and other postretirement defined benefit plans | Reclassified out of accumulated other comprehensive income (loss)
|
||||||||||||
Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
Recognized actuarial loss | 14 | [2] | 23 | [2] | 29 | [2] | 47 | [2] | ||||
Total before taxes | 14 | 23 | 29 | 47 | ||||||||
Income tax expense | (4) | (7) | (9) | (15) | ||||||||
CONSOLIDATED NET INCOME | $ 10 | $ 16 | $ 20 | $ 32 | ||||||||
|