XML 47 R32.htm IDEA: XBRL DOCUMENT v3.22.0.1
Debt (Tables)
12 Months Ended
Jan. 01, 2022
Debt [Abstract]  
Schedule of Short-term Debt [Table Text Block]
(millions)20212020
  
Principal
amount
Effective
interest rate
Principal
amount
Effective
interest rate
U.S. commercial paper$  %$25 0.20 %
Bank borrowings137 77 
Total$137  $102  
Schedule of Debt [Table Text Block]
The following table presents the components of subordinated long-term debt at year end January 1, 2022 and January 2, 2021:
(millions)20212020
4.50% $650 million U.S. Dollar Notes due 2046$638 $638 
7.45% $625 million U.S. Dollar Debentures due 2031622 621 
2.10% $500 million U.S. Dollar Notes due 2030496 496 
0.50% €300 million Euro Notes due 2029338 — 
4.30% $600 million U.S. Dollar Notes due 2028592 596 
3.40% $600 million U.S. Dollar Notes due 2027596 596 
3.25% $750 million U.S. Dollar Notes due 2026744 742 
1.25% €600 million Euro Notes due 2025
693 748 
1.00% €600 million Euro Notes due 2024695 756 
2.65% $600 million U.S. Dollar Notes due 2023545 542 
2.75% $400 million U.S. Dollar Notes due 2023207 204 
0.80% €600 million Euro Notes due 2022682 731 
1.75% €500 million Euro Notes due 2021 610 
Other126 93 
6,974 7,373 
Less current maturities(712)(627)
Balance at year end6,262 6,746