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Pensions and Other Postretirement Benefits (Tables)
 12 Months Ended
Dec. 30, 2012
Compensation and Retirement Disclosure [Abstract]  
Components of net periodic benefit cost
Net periodic benefit costs for the Company’s defined benefit retirement plans and other benefit plans for 2012, 2011 and 2010 include the following components:
 
 
Retirement Plans
 
Other Benefit Plans
(Dollars in Millions)
 
2012
 
2011
 
2010
 
2012
 
2011
 
2010
Service cost
 
$
722

 
638

 
550

 
175

 
149

 
134

Interest cost
 
878

 
853

 
791

 
165

 
188

 
202

Expected return on plan assets
 
(1,236
)
 
(1,108
)
 
(1,005
)
 
(4
)
 
(1
)
 
(1
)
Amortization of prior service cost (credit)
 
6

 
9

 
10

 
(3
)
 
(3
)
 
(4
)
Amortization of net transition obligation
 
1

 
1

 
1

 
—

 
—

 
—

Recognized actuarial losses
 
494

 
388

 
236

 
76

 
45

 
48

Curtailments and settlements
 
—

 
—

 
1

 
—

 
—

 
—

Net periodic benefit cost
 
$
865

 
781

 
584

 
409

 
378

 
379
Amounts expected to be recognized in net periodic benefit cost
Amounts expected to be recognized in net periodic benefit cost in the coming year for the Company’s defined benefit retirement plans and other post-retirement plans:
(Dollars in Millions)
 
Amortization of net transition obligation
$
1

Amortization of net actuarial losses
775

Amortization of prior service cost
6
Rates Used to Develop Actuarial Present Value of Projected Benefit Obligation
The weighted-average assumptions in the following table represent the rates used to develop the actuarial present value of projected benefit obligation for the year listed and also the net periodic benefit cost for the following year.
 
 
Retirement Plans
 
Other Benefit Plans
 
 
2012
 
2011
 
2010
 
2012
 
2011
 
2010
Worldwide Benefit Plans
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
 
4.25
%
 
5.13
%
 
5.71
%
 
4.55
%
 
5.25
%
 
6.00
%
Expected long-term rate of return on plan assets
 
8.45
%
 
8.62
%
 
8.68
%
 
 
 
 
 
 
Rate of increase in compensation levels
 
4.08
%
 
4.19
%
 
4.19
%
 
4.28
%
 
4.28
%
 
4.29
%
Assumed health care cost trend rates
The following table displays the assumed health care cost trend rates, for all individuals:
Health Care Plans
 
2012
 
2011
Health care cost trend rate assumed for next year
 
6.50
%
 
7.50
%
Rate to which the cost trend rate is assumed to decline (ultimate trend)
 
4.50
%
 
5.00
%
Year the rate reaches the ultimate trend rate
 
2032

 
2018
Effect of one percentage point change in assumed health care cost trend rates
A one-percentage-point change in assumed health care cost trend rates would have the following effect:
 
 
One-Percentage-
 
One-Percentage-
(Dollars in Millions)
 
Point Increase
 
Point Decrease
Health Care Plans
 
 

 
 

Total interest and service cost
 
$
42

 
$
(33
)
Post-retirement benefit obligation
 
496

 
(394
)
Information related to the benefit obligation and the fair value of plan assets
The following table displays the funded status of the Company's U.S. Qualified & Non-Qualified pension plans and international funded and unfunded pension plans at December 30, 2012 and January 1, 2012, respectively:

 
U.S. Plans
International Plans
 
Qualified Plans
Non-Qualified Plans
Funded Plans
Unfunded Plans
(Dollars in Millions)
2012
2011
2012
2011
2012
2011
2012
2011
Plan Assets
$
11,464

9,132

—

—

6,072

4,604

—

—

Projected Benefit Obligation
12,420

10,283

1,343

1,155

7,586

5,626

480

360

Accumulated Benefit Obligation
11,001

9,147

1,070

903

6,774

5,078

422

324

Over (Under) Funded Status
 
 
 
 
 
 
 
 
Projected Benefit Obligation
$
(956
)
(1,151
)
(1,343
)
(1,155
)
(1,514
)
(1,022
)
(480
)
(360
)
Accumulated Benefit Obligation
463

(15
)
(1,070
)
(903
)
(702
)
(474
)
(422
)
(324
)
Schedule of Net Funded Status
The following table sets forth information related to the benefit obligation and the fair value of plan assets at year-end 2012 and 2011 for the Company’s defined benefit retirement plans and other post-retirement plans:
 
 
Retirement Plans
 
Other Benefit Plans
(Dollars in Millions)
 
2012
 
2011
 
2012
 
2011
Change in Benefit Obligation
 
 
 
 
 
 
 
 
Projected benefit obligation — beginning of year
 
$
17,424

 
14,993

 
3,790

 
3,572

Service cost
 
722

 
638

 
175

 
149

Interest cost
 
878

 
853

 
165

 
188

Plan participant contributions
 
35

 
54

 
—

 
—

Amendments
 
12

 
(24
)
 
—

 
—

Actuarial losses
 
2,662

 
1,698

 
459

 
213

Divestitures & acquisitions
 
629

 
14

 
—

 
—

Curtailments & settlements & restructuring
 
(6
)
 
(6
)
 
—

 
—

Benefits paid from plan
 
(697
)
 
(659
)
 
(432
)
 
(320
)
Effect of exchange rates
 
170

 
(137
)
 
2

 
(12
)
Projected benefit obligation — end of year
 
$
21,829

 
17,424

 
4,159

 
3,790

Change in Plan Assets
 
 
 
 
 
 
 
 
Plan assets at fair value — beginning of year
 
$
13,736

 
13,433

 
8

 
14

Actual return (loss) on plan assets
 
1,926

 
(102
)
 
3

 
(1
)
Company contributions
 
1,838

 
1,135

 
543

 
315

Plan participant contributions
 
35

 
54

 
—

 
—

Settlements
 
(2
)
 
(2
)
 
—

 
—

Divestitures & acquisitions
 
593

 
(2
)
 
—

 
—

Benefits paid from plan assets
 
(697
)
 
(659
)
 
(432
)
 
(320
)
Effect of exchange rates
 
107

 
(121
)
 
—

 
—

Plan assets at fair value — end of year
 
$
17,536

 
13,736

 
122

 
8

Funded status — end of year
 
$
(4,293
)
 
(3,688
)
 
(4,037
)
 
(3,782
)
Amounts Recognized in the Company’s Balance Sheet consist of the following:
 
 
 
 
 
 
 
 
Non-current assets
 
$
194

 
249

 
$
—

 
—

Current liabilities
 
(65
)
 
(59
)
 
(307
)
 
(346
)
Non-current liabilities
 
(4,422
)
 
(3,878
)
 
(3,730
)
 
(3,436
)
Total recognized in the consolidated balance sheet — end of year
 
$
(4,293
)
 
(3,688
)
 
$
(4,037
)
 
(3,782
)
Amounts Recognized in Accumulated Other Comprehensive Income consist of the following:
 
 
 
 
 
 
 
 
Net actuarial loss
 
$
7,586

 
6,030

 
$
1,601

 
1,218

Prior service cost (credit)
 
9

 
6

 
(14
)
 
(18
)
Unrecognized net transition obligation
 
2

 
3

 
—

 
1

Total before tax effects
 
$
7,597

 
6,039

 
$
1,587

 
1,201

 
 
 
 
 
 
 
 
 
Accumulated Benefit Obligations — end of year
 
$
19,267

 
15,452

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Retirement Plans
 
Other Benefit Plans
(Dollars in Millions)
 
2012
 
2011
 
2012
 
2011
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
 
 
 
 
 
 
 
 
Net periodic benefit cost
 
$
865

 
781

 
$
409

 
378

Net actuarial loss
 
2,007

 
2,903

 
458

 
197

Amortization of net actuarial (loss) gain
 
(494
)
 
(388
)
 
(76
)
 
8

Prior service cost
 
12

 
(24
)
 
—

 
—

Amortization of prior service (cost) credit
 
(6
)
 
(9
)
 
3

 
3

Effect of exchange rates
 
79

 
(25
)
 
1

 
(3
)
Total recognized in other comprehensive income, before tax
 
$
1,598

 
2,457

 
$
386

 
205

Total recognized in net periodic benefit cost and other comprehensive income
 
$
2,463

 
3,238

 
$
795

 
583
Projected future benefit payments from company's retirement and other benefit plans
The following table displays the projected future benefit payments from the Company’s retirement and other benefit plans:
(Dollars in Millions)
 
2013
 
2014
 
2015
 
2016
 
2017
 
2018-2022
Projected future benefit payments
 
 
 
 
 
 
 
 
 
 
 
 
Retirement plans
 
$
695

 
715

 
736

 
775

 
820

 
4,934

Other benefit plans — gross
 
327

 
221

 
220

 
220

 
220

 
1,121

Medicare rebates
 
(11
)
 
—

 
—

 
—

 
—

 
—

Other benefit plans — net
 
$
316

 
221

 
220

 
220

 
220

 
1,121
Projected future minimum contributions to the Company's U.S. and international unfunded retirement plans
The following table displays the projected future minimum contributions to the Company’s U.S. and international unfunded retirement plans. These amounts do not include any discretionary contributions that the Company may elect to make in the future.
(Dollars in Millions)
 
2013
 
2014
 
2015
 
2016
 
2017
 
2018-2022
Projected future contributions
 
 
 
 
 
 
 
 
 
 
 
 
Unfunded U.S. retirement plans
 
$
43

 
46

 
49

 
52

 
56

 
354

Unfunded international retirement plans
 
$
25

 
20

 
22

 
24

 
24

 
148
Company' retirement plan asset allocation and target allocations
The Company’s retirement plan asset allocation at the end of 2012 and 2011 and target allocations for 2013 are as follows:
 
 
Percent of
Plan Assets
 
Target
Allocation
 
 
2012
 
2011
 
2013
Worldwide Retirement Plans
 
 
 
 
 
 
Equity securities
 
75
%
 
70
%
 
71
%
Debt securities
 
25

 
30

 
29

Total plan assets
 
100
%
 
100
%
 
100
%
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The following table sets forth the Retirement Plans' trust investments measured at fair value as of December 30, 2012 and January 1, 2012:
 
 
Quoted Prices
in Active
Markets for
Identical Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobserv-
able
Inputs
 
 
 
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total Assets
(Dollars in Millions)
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
Short-term investment funds
 
$
155

 
161

 
627

 
632

 
—

 
—

 
782

 
793

Government and agency securities
 
53

 
59

 
1,706

 
1,528

 
—

 
—

 
1,759

 
1,587

Debt instruments
 
2

 
1

 
1,641

 
1,106

 
3

 
9

 
1,646

 
1,116

Equity securities
 
8,104

 
6,682

 
1

 
2

 
4

 
16

 
8,109

 
6,700

Commingled funds
 
11

 
8

 
4,985

 
3,375

 
50

 
33

 
5,046

 
3,416

Insurance contracts
 
—

 
—

 
—

 
—

 
24

 
25

 
24

 
25

Other assets
 
—

 
1

 
101

 
33

 
69

 
65

 
170

 
99

Trust investments at fair value
 
$
8,325

 
6,912

 
9,061

 
6,676

 
150

 
148

 
17,536

 
13,736
Summary of changes in the fair value of the Plan's Level 3 assets
The table below sets forth a summary of changes in the fair value of the Plan’s Level 3 assets for the years ended December 30, 2012 and January 1, 2012:
(Dollars in Millions)
 
Debt Instruments
 
Equity Securities
 
Commingled Funds
 
Insurance Contracts
 
Other Assets
 
Total Level 3
Balance January 2, 2011
 
$
13

 
24

 
35

 
29

 
82

 
183

Realized gains (losses)
 
—

 
3

 
—

 
1

 
—

 
4

Unrealized gains (losses)
 
1

 
(2
)
 
(6
)
 
(2
)
 
(17
)
 
(26
)
Purchases, sales, issuances and settlements, net
 
(5
)
 
(9
)
 
4

 
(3
)
 
—

 
(13
)
Balance January 1, 2012
 
9

 
16

 
33

 
25

 
65

 
148

Realized gains (losses)
 
—

 
(1
)
 
—

 
—

 
(5
)
 
(6
)
Unrealized gains (losses)
 
—

 
—

 
—

 
—

 
—

 
—

Purchases, sales, issuances and settlements, net
 
(6
)
 
(11
)
 
17

 
(1
)
 
9

 
8

Balance December 30, 2012
 
$
3

 
4

 
50

 
24

 
69

 
150