Quarterly report pursuant to Section 13 or 15(d)

Borrowings (Tables)

v3.2.0.727
Borrowings (Tables)
 6 Months Ended
Jun. 27, 2015
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
Our short-term debt at the end of each period was as follows:
(In Millions)
 
Jun 27,
2015
 
Dec 27,
2014
Drafts payable
 
$
23

 
$
16

Commercial paper
 
—

 
500

Current portion of long-term debt
 
1,095

 
1,088

Short-term debt
 
$
1,118

 
$
1,604

Schedule of Long-term Debt Instruments [Table Text Block]
Our long-term debt at the end of each period was as follows:
(In Millions)
 
Jun 27,
2015
 
Dec 27,
2014
2012 Senior notes due 2017 at 1.35%
 
$
2,998

 
$
2,998

2012 Senior notes due 2022 at 2.70%
 
1,495

 
1,495

2012 Senior notes due 2032 at 4.00%
 
744

 
744

2012 Senior notes due 2042 at 4.25%
 
924

 
924

2011 Senior notes due 2016 at 1.95%
 
1,499

 
1,499

2011 Senior notes due 2021 at 3.30%
 
1,997

 
1,997

2011 Senior notes due 2041 at 4.80%
 
1,490

 
1,490

2009 Junior subordinated convertible debentures due 2039 at 3.25%
 
1,095

 
1,088

2005 Junior subordinated convertible debentures due 2035 at 2.95%
 
969

 
960

Total long-term debt
 
13,211

 
13,195

Less: current portion of long-term debt
 
(1,095
)
 
(1,088
)
Long-term debt
 
$
12,116

 
$
12,107