FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $) In Millions, unless otherwise specified |
9 Months Ended | |
|---|---|---|
|
Sep. 25, 2011
Month
Year
Location
|
Dec. 31, 2010 |
|
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | $ 84 | |
| Derivative assets: | ||
| Derivative assets | 81 | 62 |
| Fair value | ||
| Fair value of total debt | 897 | 886 |
| Carrying value of total debt | 801 | 843 |
| Bank debentures and certificates of deposit lower end of range of maturity (in months) | 6 | |
| Bank debentures and certificates of deposit upper end of range of maturity (in years) | 3 | |
Debt mutual funds | Quoted prices in active markets for identical assets (Level 1) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 31 | 75 |
Quoted prices in active markets for identical assets (Level 1) | Financial services industry | Measured on a recurring basis |
||
| Available-for-sale equity securities: | ||
| Available-for-sale equity securities | 8 | 10 |
Quoted prices in active markets for identical assets (Level 1) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 31 | 75 |
| Available-for-sale equity securities: | ||
| Available-for-sale equity securities | 8 | 10 |
| Derivative liabilities: | ||
| Total | 39 | 85 |
Debt mutual funds | Significant other observable inputs (Level 2) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 83 | 105 |
Bank debentures | Significant other observable inputs (Level 2) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 79 | 85 |
Certificates of deposit | Significant other observable inputs (Level 2) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 67 | 59 |
Government debt securities-non-U.S. | Significant other observable inputs (Level 2) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 3 | 3 |
Corporate debt securities | Significant other observable inputs (Level 2) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 2 | 2 |
Significant other observable inputs (Level 2) | Commodity swap contracts | Measured on a recurring basis |
||
| Derivative assets: | ||
| Derivative assets | 21 | |
| Derivative liabilities: | ||
| Derivative liabilities | 17 | |
Significant other observable inputs (Level 2) | Foreign currency forward contracts | Measured on a recurring basis |
||
| Derivative liabilities: | ||
| Derivative liabilities | 11 | |
Significant other observable inputs (Level 2) | Interest rate contracts | Measured on a recurring basis |
||
| Derivative assets: | ||
| Derivative assets | 81 | 41 |
Significant other observable inputs (Level 2) | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 234 | 254 |
| Derivative assets: | ||
| Derivative assets | 81 | 62 |
| Derivative liabilities: | ||
| Derivative liabilities | 28 | |
| Total | 287 | 316 |
Debt mutual funds | Total | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 114 | 180 |
Bank debentures | Total | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 79 | 85 |
Certificates of deposit | Total | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 67 | 59 |
Government debt securities-non-U.S. | Total | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 3 | 3 |
Corporate debt securities | Total | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 2 | 2 |
Total | Financial services industry | Measured on a recurring basis |
||
| Available-for-sale equity securities: | ||
| Available-for-sale equity securities | 8 | 10 |
Total | Commodity swap contracts | Measured on a recurring basis |
||
| Derivative assets: | ||
| Derivative assets | 21 | |
| Derivative liabilities: | ||
| Derivative liabilities | 17 | |
Total | Foreign currency forward contracts | Measured on a recurring basis |
||
| Derivative liabilities: | ||
| Derivative liabilities | 11 | |
Total | Interest rate contracts | Measured on a recurring basis |
||
| Derivative assets: | ||
| Derivative assets | 81 | 41 |
Total | Measured on a recurring basis |
||
| Available-for-sale debt securities: | ||
| Available-for-sale debt securities | 265 | 329 |
| Available-for-sale equity securities: | ||
| Available-for-sale equity securities | 8 | 10 |
| Derivative assets: | ||
| Derivative assets | 81 | 62 |
| Derivative liabilities: | ||
| Derivative liabilities | 28 | |
| Total | $ 326 | $ 401 |