XML 89 R66.htm IDEA: XBRL DOCUMENT v3.22.0.1
Borrowings - Schedule of Long-term Debt Instruments (Details)
€ in Millions, £ in Millions, $ in Millions
12 Months Ended
Jan. 02, 2022
USD ($)
Jan. 03, 2021
USD ($)
Jan. 02, 2022
EUR (€)
Jan. 02, 2022
GBP (£)
Jan. 03, 2021
EUR (€)
Jan. 03, 2021
GBP (£)
Debt Instrument [Line Items]            
Effective interest rate 2.89% 2.85% 2.89% 2.89% 2.85% 2.85%
Long-term debt $ 32,116 $ 34,434        
Less current portion 2,131 1,799        
Total long-term debt 29,985 32,635        
Excess of fair value over carrying value of debt $ 3,200 $ 5,400        
3.55% Notes due 2021            
Debt Instrument [Line Items]            
Effective interest rate 0.00% 3.67% 0.00% 0.00% 3.67% 3.67%
Long-term debt $ 0 $ 450        
Stated interest rate (as a percent) 3.55%   3.55% 3.55%    
2.45% Notes due 2021            
Debt Instrument [Line Items]            
Effective interest rate 0.00% 2.48% 0.00% 0.00% 2.48% 2.48%
Long-term debt $ 0 $ 350        
Stated interest rate (as a percent) 2.45%   2.45% 2.45%    
1.65% Notes due 2021            
Debt Instrument [Line Items]            
Effective interest rate 0.00% 1.65% 0.00% 0.00% 1.65% 1.65%
Long-term debt $ 0 $ 999        
Stated interest rate (as a percent) 1.65%   1.65% 1.65%    
0.250% Notes due 2022 (1B Euro 1.1311)(2)/(1B Euro 1.2281)(3)            
Debt Instrument [Line Items]            
Effective interest rate 0.26% 0.26% 0.26% 0.26% 0.26% 0.26%
Long-term debt $ 1,131 $ 1,227        
Stated interest rate (as a percent) 0.25%   0.25% 0.25%    
Debt Instrument, Face Amount | €     € 1,000   € 1,000  
Foreign currency exchange rate, translation 1.1311 1.2281 1.1311 1.1311 1.2281 1.2281
2.25% Notes due 2022            
Debt Instrument [Line Items]            
Effective interest rate 2.31% 2.31% 2.31% 2.31% 2.31% 2.31%
Long-term debt $ 1,000 $ 999        
Stated interest rate (as a percent) 2.25%   2.25% 2.25%    
6.73% Debentures due 2023            
Debt Instrument [Line Items]            
Effective interest rate 6.73% 6.73% 6.73% 6.73% 6.73% 6.73%
Long-term debt $ 250 $ 250        
Stated interest rate (as a percent) 6.73%   6.73% 6.73%    
3.375% Notes due 2023            
Debt Instrument [Line Items]            
Effective interest rate 3.18% 3.17% 3.18% 3.18% 3.17% 3.17%
Long-term debt $ 802 $ 803        
Stated interest rate (as a percent) 3.375%   3.375% 3.375%    
2.05% Notes due 2023            
Debt Instrument [Line Items]            
Effective interest rate 2.09% 2.09% 2.09% 2.09% 2.09% 2.09%
Long-term debt $ 499 $ 499        
Stated interest rate (as a percent) 2.05%   2.05% 2.05%    
0.650% Notes due 2024 (750MM Euro 1.1311)(2)/(750MM Euro 1.2281)(3)            
Debt Instrument [Line Items]            
Effective interest rate 0.68% 0.68% 0.68% 0.68% 0.68% 0.68%
Long-term debt $ 847 $ 919        
Stated interest rate (as a percent) 0.65%   0.65% 0.65%    
Debt Instrument, Face Amount | €     € 750   € 750  
Foreign currency exchange rate, translation 1.1311 1.2281 1.1311 1.1311 1.2281 1.2281
5.50% Notes due 2024 (500MM 1.3485 GBP )(2)/(500MM GBP 1.3654)(3)            
Debt Instrument [Line Items]            
Effective interest rate 6.75% 6.75% 6.75% 6.75% 6.75% 6.75%
Long-term debt $ 672 $ 679        
Stated interest rate (as a percent) 5.50%   5.50% 5.50%    
Debt Instrument, Face Amount | £       £ 500   £ 500
Foreign currency exchange rate, translation 1.3485 1.3654 1.3485 1.3485 1.3654 1.3654
2.625% Notes due 2025            
Debt Instrument [Line Items]            
Effective interest rate 2.63% 2.63% 2.63% 2.63% 2.63% 2.63%
Long-term debt $ 749 $ 748        
Stated interest rate (as a percent) 2.625%   2.625% 2.625%    
0.55% Notes due 2025            
Debt Instrument [Line Items]            
Effective interest rate 0.57% 0.57% 0.57% 0.57% 0.57% 0.57%
Long-term debt $ 983 $ 996        
Stated interest rate (as a percent) 0.55%   0.55% 0.55%    
2.45% Notes due 2026            
Debt Instrument [Line Items]            
Effective interest rate 2.47% 2.47% 2.47% 2.47% 2.47% 2.47%
Long-term debt $ 1,995 $ 1,994        
Stated interest rate (as a percent) 2.45%   2.45% 2.45%    
2.95% Notes due 2027            
Debt Instrument [Line Items]            
Effective interest rate 2.96% 2.96% 2.96% 2.96% 2.96% 2.96%
Long-term debt $ 978 $ 997        
Stated interest rate (as a percent) 2.95%   2.95% 2.95%    
0.95% Notes due 2027            
Debt Instrument [Line Items]            
Effective interest rate 0.96% 0.96% 0.96% 0.96% 0.96% 0.96%
Long-term debt $ 1,478 $ 1,494        
Stated interest rate (as a percent) 0.95%   0.95% 0.95%    
1.150% Notes due 2028 (750MM Euro 1.1311)(2)/(750MM Euro 1.2281)(3)            
Debt Instrument [Line Items]            
Effective interest rate 1.21% 1.21% 1.21% 1.21% 1.21% 1.21%
Long-term debt $ 843 $ 915        
Stated interest rate (as a percent) 1.15%   1.15% 1.15%    
Debt Instrument, Face Amount | €     € 750   € 750  
Foreign currency exchange rate, translation 1.1311 1.2281 1.1311 1.1311 1.2281 1.2281
2.90% Notes due 2028            
Debt Instrument [Line Items]            
Effective interest rate 2.91% 2.91% 2.91% 2.91% 2.91% 2.91%
Long-term debt $ 1,495 $ 1,495        
Stated interest rate (as a percent) 2.90%   2.90% 2.90%    
6.95% Notes due 2029            
Debt Instrument [Line Items]            
Effective interest rate 7.14% 7.14% 7.14% 7.14% 7.14% 7.14%
Long-term debt $ 298 $ 297        
Stated interest rate (as a percent) 6.95%   6.95% 6.95%    
1.30% Notes due 2030            
Debt Instrument [Line Items]            
Effective interest rate 1.30% 1.30% 1.30% 1.30% 1.30% 1.30%
Long-term debt $ 1,723 $ 1,743        
Stated interest rate (as a percent) 1.30%   1.30% 1.30%    
4.95% Debentures due 2033            
Debt Instrument [Line Items]            
Effective interest rate 4.95% 4.95% 4.95% 4.95% 4.95% 4.95%
Long-term debt $ 498 $ 498        
Stated interest rate (as a percent) 4.95%   4.95% 4.95%    
4.375% Notes due 2033            
Debt Instrument [Line Items]            
Effective interest rate 4.24% 4.24% 4.24% 4.24% 4.24% 4.24%
Long-term debt $ 854 $ 855        
Stated interest rate (as a percent) 4.375%   4.375% 4.375%    
1.650% Notes due 2035 (1.5B Euro 1.1311)(2)/(1.5B Euro 1.2281)(3)            
Debt Instrument [Line Items]            
Effective interest rate 1.68% 1.68% 1.68% 1.68% 1.68% 1.68%
Long-term debt $ 1,683 $ 1,827        
Stated interest rate (as a percent) 1.65%   1.65% 1.65%    
Debt Instrument, Face Amount | €     € 1,500   € 1,500  
Foreign currency exchange rate, translation 1.1311 1.2281 1.1311 1.1311 1.2281 1.2281
3.55% Notes due 2036            
Debt Instrument [Line Items]            
Effective interest rate 3.59% 3.59% 3.59% 3.59% 3.59% 3.59%
Long-term debt $ 974 $ 989        
Stated interest rate (as a percent) 3.55%   3.55% 3.55%    
5.95% Notes due 2037            
Debt Instrument [Line Items]            
Effective interest rate 5.99% 5.99% 5.99% 5.99% 5.99% 5.99%
Long-term debt $ 993 $ 992        
Stated interest rate (as a percent) 5.95%   5.95% 5.95%    
3.625% Notes due 2037            
Debt Instrument [Line Items]            
Effective interest rate 3.64% 3.64% 3.64% 3.64% 3.64% 3.64%
Long-term debt $ 1,475 $ 1,488        
Stated interest rate (as a percent) 3.625%   3.625% 3.625%    
5.85% Debentures due 2038            
Debt Instrument [Line Items]            
Effective interest rate 5.85% 5.85% 5.85% 5.85% 5.85% 5.85%
Long-term debt $ 696 $ 696        
Stated interest rate (as a percent) 5.85%   5.85% 5.85%    
3.400% Notes due 2038            
Debt Instrument [Line Items]            
Effective interest rate 3.42% 3.42% 3.42% 3.42% 3.42% 3.42%
Long-term debt $ 992 $ 991        
Stated interest rate (as a percent) 3.40%   3.40% 3.40%    
4.50% Debentures due 2040            
Debt Instrument [Line Items]            
Effective interest rate 4.63% 4.63% 4.63% 4.63% 4.63% 4.63%
Long-term debt $ 540 $ 539        
Stated interest rate (as a percent) 4.50%   4.50% 4.50%    
2.10% Notes due 2040            
Debt Instrument [Line Items]            
Effective interest rate 2.14% 2.14% 2.14% 2.14% 2.14% 2.14%
Long-term debt $ 974 $ 986        
Stated interest rate (as a percent) 2.10%   2.10% 2.10%    
4.85% Notes due 2041            
Debt Instrument [Line Items]            
Effective interest rate 4.89% 4.89% 4.89% 4.89% 4.89% 4.89%
Long-term debt $ 297 $ 297        
Stated interest rate (as a percent) 4.85%   4.85% 4.85%    
4.50% Notes due 2043            
Debt Instrument [Line Items]            
Effective interest rate 4.52% 4.52% 4.52% 4.52% 4.52% 4.52%
Long-term debt $ 496 $ 496        
Stated interest rate (as a percent) 4.50%   4.50% 4.50%    
3.70% Notes due 2046            
Debt Instrument [Line Items]            
Effective interest rate 3.74% 3.74% 3.74% 3.74% 3.74% 3.74%
Long-term debt $ 1,975 $ 1,974        
Stated interest rate (as a percent) 3.70%   3.70% 3.70%    
3.75% Notes due 2047            
Debt Instrument [Line Items]            
Effective interest rate 3.76% 3.76% 3.76% 3.76% 3.76% 3.76%
Long-term debt $ 971 $ 991        
Stated interest rate (as a percent) 3.75%   3.75% 3.75%    
3.500% Notes due 2048            
Debt Instrument [Line Items]            
Effective interest rate 3.52% 3.52% 3.52% 3.52% 3.52% 3.52%
Long-term debt $ 743 $ 742        
Stated interest rate (as a percent) 3.50%   3.50% 3.50%    
2.250% Notes due 2050            
Debt Instrument [Line Items]            
Effective interest rate 2.29% 2.29% 2.29% 2.29% 2.29% 2.29%
Long-term debt $ 983 $ 984        
Stated interest rate (as a percent) 2.25%   2.25% 2.25%    
2.450% Notes due 2060            
Debt Instrument [Line Items]            
Effective interest rate 2.49% 2.49% 2.49% 2.49% 2.49% 2.49%
Long-term debt $ 1,222 $ 1,228        
Stated interest rate (as a percent) 2.45%   2.45% 2.45%    
Other            
Debt Instrument [Line Items]            
Effective interest rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-term debt $ 7 $ 7