OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||||
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Sep. 28, 2014
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Sep. 29, 2013
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Sep. 28, 2014
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Sep. 29, 2013
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Reclassified out of accumulated other comprehensive income (loss) and related tax effects | ||||||||||||
Other income (expense), net | $ 19 | $ 6 | $ 68 | $ 25 | ||||||||
NET SALES | 4,890 | [1] | 4,266 | [1] | 14,131 | [1] | 12,713 | [1] | ||||
Cost of sales | 3,606 | 3,185 | 10,543 | 9,570 | ||||||||
Total before taxes | 669 | 528 | 1,822 | 1,572 | ||||||||
Income tax expense | (230) | (154) | (553) | (445) | ||||||||
CONSOLIDATED NET INCOME | 439 | 374 | 1,269 | 1,127 | ||||||||
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 | 12 | 17 | 20 | 40 | ||||||||
Realized (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) | (1) | (14) | (12) | ||||||||
Income tax expense | (1) | 3 | 1 | |||||||||
CONSOLIDATED NET INCOME | (1) | (2) | (11) | (11) | ||||||||
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 | (2) | 4 | (4) | 3 | ||||||||
Income tax expense | 1 | (1) | 1 | |||||||||
CONSOLIDATED NET INCOME | (1) | 3 | (3) | 3 | ||||||||
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 | (1) | 2 | (6) | 4 | ||||||||
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) | 2 | 2 | (1) | ||||||||
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 | 18 | [2] | 24 | [2] | 47 | [2] | 71 | [2] | ||||
Total before taxes | 18 | 24 | 47 | 71 | ||||||||
Income tax expense | (4) | (8) | (13) | (23) | ||||||||
CONSOLIDATED NET INCOME | $ 14 | $ 16 | $ 34 | $ 48 | ||||||||
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