XML 55 R44.htm IDEA: XBRL DOCUMENT v3.23.2
Derivative Instruments and Fair Value Measurements - Schedule of Cumulative Basis Adjustments for Fair Value Hedges (Details) - USD ($)
$ in Millions
Jul. 01, 2023
Dec. 31, 2022
Derivatives, Fair Value [Line Items]    
Current maturities of long-term debt $ 1,199 $ 780
Long-term debt 5,078 5,317
Carrying amount of hedged liability | Fair Value Hedges | Interest rate contracts | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Current maturities of long-term debt 909 483
Long-term debt 1,646 2,250
Cumulative fair value adjustment | Fair Value Hedges | Interest rate contracts | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Current maturities of long-term debt [1] 4 (3)
Long-term debt [1] (53) (74)
Hedging adjustment | Discontinued Hedges | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Current maturities of long-term debt 4 (3)
Long-term debt $ 4 $ 13
[1] The fair value adjustment related to current maturities of long-term debt includes $4 million and ($3) million from discontinued hedging relationships as of July 1, 2023 and December 31, 2022, respectively. The fair value adjustment related to long-term debt includes $4 million and $13 million from discontinued hedging relationships as of July 1, 2023 and December 31, 2022, respectively.