Quarterly report pursuant to Section 13 or 15(d)

DEBT (Details)

v2.4.0.8
DEBT (Details) (USD $)
9 Months Ended 0 Months Ended 1 Months Ended
Sep. 29, 2013
Sep. 30, 2012
Dec. 31, 2012
Sep. 29, 2013
Export financing loan, 4.5%, due 2013
Dec. 31, 2012
Export financing loan, 4.5%, due 2013
Sep. 29, 2013
Senior notes, 3.65%, due 2023
Dec. 31, 2012
Senior notes, 3.65%, due 2023
Sep. 29, 2013
Debentures, 6.75%, due 2027
Dec. 31, 2012
Debentures, 6.75%, due 2027
Sep. 29, 2013
Debentures, 7.125%, due 2028 (1)
Dec. 31, 2012
Debentures, 7.125%, due 2028 (1)
Sep. 29, 2013
Senior notes, 4.875%, due 2043
Dec. 31, 2012
Senior notes, 4.875%, due 2043
Sep. 29, 2013
Debentures, 5.65%, due 2098 (effective interest rate 7.48%)
Dec. 31, 2012
Debentures, 5.65%, due 2098 (effective interest rate 7.48%)
Sep. 29, 2013
Credit facilities related to consolidated joint ventures
Dec. 31, 2012
Credit facilities related to consolidated joint ventures
Sep. 29, 2013
Other long-term debt
Dec. 31, 2012
Other long-term debt
Sep. 19, 2013
Senior Notes
Sep. 19, 2013
Senior Notes
Senior notes, 3.65%, due 2023
Sep. 19, 2013
Senior Notes
Senior notes, 4.875%, due 2043
Nov. 30, 2005
Interest rate contracts
Long-term debt                                              
Debt face amount                                       $ 1,000,000,000 $ 500,000,000 $ 500,000,000  
Debt instrument interest rate (as a percent)       4.50%   3.65%   6.75%   7.125%   4.875%   5.65%             3.65% 4.875%  
Effective interest rate (as a percent)                           7.48%                  
Proceeds from borrowings 987,000,000 64,000,000                                   979,000,000      
Long-term debt 1,675,000,000   653,000,000 0 23,000,000 500,000,000 0 58,000,000 58,000,000 250,000,000 [1] 250,000,000 [1] 500,000,000 0 165,000,000 165,000,000 129,000,000 88,000,000 73,000,000 69,000,000        
Unamortized discount (48,000,000)   (35,000,000)                                        
Fair value adjustment due to hedge on indebtedness 54,000,000   88,000,000                                        
Capital leases 97,000,000   53,000,000                                        
Total long-term debt 1,778,000,000   759,000,000                                        
Less: Current maturities of long-term debt (47,000,000)   (61,000,000)                                        
Long-term debt 1,731,000,000   698,000,000                                        
Amount of hedged item                                             250,000,000
Fixed rate on debt issue, due in 2028 (as a percent)                                             7.125%
Basis of variable rate                                             LIBOR
Principal payments required on long-term debt                                              
2013 16,000,000                                            
2014 45,000,000                                            
2015 85,000,000                                            
2016 63,000,000                                            
2017 $ 14,000,000                                            
[1] In November 2005, we entered into an interest rate swap to effectively convert our $250 million debt issue, due in 2028, from a fixed rate of 7.125 percent to a floating rate based on a LIBOR spread (see Note 13).