XML 68 R56.htm IDEA: XBRL DOCUMENT v3.23.2
DEBT AND CREDIT ARRANGEMENTS - Narrative (Details) - USD ($)
6 Months Ended
Jun. 15, 2023
Mar. 14, 2023
Mar. 10, 2023
Jan. 03, 2023
Nov. 22, 2022
Jul. 29, 2022
Jun. 30, 2023
Jul. 01, 2022
Jul. 26, 2023
Mar. 13, 2023
Dec. 30, 2022
Debt Instrument [Line Items]                      
Proceeds from issuance of long-term debt               $ 0      
Repayments of borrowings             $ 1,060,000,000 10,000,000      
Short-term debt             582,000,000       $ 2,000,000
Commercial Paper                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity   $ 3,400,000,000               $ 1,000,000,000  
Short-term debt             $ 579,000,000        
Debt, weighted average interest rate             5.47%        
Commercial Paper | Subsequent Event                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity                 $ 3,900,000,000    
Maximum | Commercial Paper                      
Debt Instrument [Line Items]                      
Debt instrument term   397 days                  
Senior Unsecured Debt                      
Debt Instrument [Line Items]                      
Repayments of borrowings               $ 0      
Fixed-rate debt                      
Debt Instrument [Line Items]                      
Debt             $ 7,976,000,000       6,776,000,000
Floating rate notes, due March 10, 2023 (“Floating 2023 Notes”) | Senior Unsecured Debt                      
Debt Instrument [Line Items]                      
Debt             0       250,000,000
Repayments of borrowings $ 800,000,000 $ 250,000,000                  
Term loan, due November 21, 2025 (“Term Loan 2025”) | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument term         3 years            
Term loan, due November 21, 2025 (“Term Loan 2025”) | Line of Credit | Secured Debt                      
Debt Instrument [Line Items]                      
Debt issued         $ 2,250,000,000   2,250,000,000        
Proceeds from issuance of long-term debt   $ 250,000,000   $ 2,000,000,000              
Debt             $ 2,250,000,000       0
Term loan, due November 21, 2025 (“Term Loan 2025”) | Line of Credit | Secured Debt | Secured Overnight Financing Rate (SOFR) Variable Rate                      
Debt Instrument [Line Items]                      
Debt instrument, basis spread on variable rate         0.10%            
Term loan, due November 21, 2025 (“Term Loan 2025”) | Line of Credit | Secured Debt | Senior Debt Ratings                      
Debt Instrument [Line Items]                      
Line of credit facility, interest rate at period end             6.50%        
Interest rate percentage, net of impact of interest rate cap derivative             0.061        
Term loan, due November 21, 2025 (“Term Loan 2025”) | Line of Credit | Secured Debt | Senior Debt Ratings | Minimum                      
Debt Instrument [Line Items]                      
Debt instrument, basis spread on variable rate         1.125%            
Term loan, due November 21, 2025 (“Term Loan 2025”) | Line of Credit | Secured Debt | Senior Debt Ratings | Maximum                      
Debt Instrument [Line Items]                      
Debt instrument, basis spread on variable rate         1.875%            
2023 Credit Agreement | Line of Credit | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Debt instrument term     364 days                
Line of credit facility, maximum borrowing capacity     $ 2,400,000,000                
Line of credit             $ 0        
2022 Credit Agreement | Line of Credit | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Debt instrument term           5 years          
Line of credit facility, maximum borrowing capacity           $ 2,000,000,000          
Line of credit             0        
3.85% notes, due June 15, 2023 (“3.85% 2023 Notes”) | Fixed-rate debt                      
Debt Instrument [Line Items]                      
Debt             $ 0       $ 800,000,000
Debt interest rate percentage             3.85%