v3.25.2
DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Impact on the Consolidated Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Derivative [Line Items]        
Total derivative loss $ (23) $ (9) $ (22) $ (25)
Sales:        
Derivative [Line Items]        
Loss on derivative instruments, net, pretax (25) (5) (27) (17)
Commodity contracts | Cost of sales:        
Derivative [Line Items]        
Gain (loss) on derivative instruments 4 (5) 8 (10)
Commodity contracts | Derivatives using the “hedge accounting” method: | Sales:        
Derivative [Line Items]        
Loss on derivative instruments, net, pretax (6) (14) (14) (12)
Commodity contracts | Derivatives using the “hedge accounting” method: | Cost of sales:        
Derivative [Line Items]        
Gain (loss) on derivative instruments 2 (9) 1 (13)
Change in fair value of open derivatives (15) 5 (14) 4
Change in fair value of related hedged items 15 (5) 13 (4)
Gain (loss) on closed derivatives (2) 2 0 6
Commodity contracts | Derivatives using the “mark-to-market” method: | Sales:        
Derivative [Line Items]        
Loss on derivative instruments, net, pretax (20) 9 (13) (4)
Commodity contracts | Derivatives using the “mark-to-market” method: | Cost of sales:        
Derivative [Line Items]        
Gain (loss) on derivative instruments 4 2 8 (3)
Foreign currency contracts | Derivatives using the “mark-to-market” method: | Selling, general and administrative expenses:        
Derivative [Line Items]        
Gain (loss) on derivative instruments (1) 1 (1) 2
Interest rate contracts | Derivatives using the “hedge accounting” method: | Interest expense:        
Derivative [Line Items]        
Gain (loss) on derivative instruments $ 0 $ 0 $ (1) $ (1)