Related Parties and Strategic Investments (Tables)

12 Months Ended

Dec. 28, 2014

Maximum reasonably estimable loss exposure (excluding lost profits), based upon the exchange rate

The Company’s maximum reasonably estimable loss exposure (excluding lost profits), based upon the exchange rate at each respective balance sheet date, as a result of its involvement with Flash Ventures, is presented below (in millions). Flash Ventures’ investments are denominated in Japanese yen and the maximum possible loss exposure excludes any cumulative translation adjustment due to revaluation from the Japanese yen to the U.S. dollar.



	December 28, 2014		December 29, 2013
Notes receivable	$	467	$	593
Equity investments	496		541
Operating lease guarantees	551		492
Prepayments	—		5
Maximum estimable loss exposure	$	1,514	$	1,631

Summarized Aggregate Balance Sheet Information For Joint Venture

The following summarizes the aggregated financial information for Flash Ventures, which includes both the Company and Toshiba’s portions (in millions).



	December 28, 2014		December 29, 2013
	(Unaudited)
Current assets	$	494	$	631
Property, plant, equipment, net and other assets	2,602		2,802
Total assets	$	3,096	$	3,433
Current liabilities	$	1,160	$	1,144
Long-term liabilities	934		1,186

Summarized Aggregate Income Statement Information For Joint Venture

The following summarizes the aggregated financial information for Flash Ventures, which includes both the Company and Toshiba’s portions, for fiscal years 2014, 2013 and 2012, respectively (in millions). Flash Ventures’ year-ends are March 31, with quarters ending on March 31, June 30, September 30 and December 31.



	Fiscal years ended
	December 28, 2014		December 29, 2013		December 30, 2012
	(Unaudited)
Net sales⁽¹⁾	$	3,296	$	3,589	$	4,787
Gross profit	18		31		8
Net income (loss)	—		28		(15		)


⁽¹⁾	Net sales represent sales to both the Company and Toshiba.