Supplemental Balance Sheet Information (Tables)

9 Months Ended

Sep. 24, 2022

Balance Sheet Related Disclosures [Abstract]

Inventories

Inventories	September 24, 2022		December 25, 2021
	(In millions)
Raw materials	$	207	$	82
Work in process	2,466		1,676
Finished goods	696		197
Total inventories	$	3,369	$	1,955

Property and Equipment, Net

Property and Equipment, net	September 24, 2022		December 25, 2021
	(In millions)
Land	$	120	$	—
Building and leasehold improvements	596		206
Equipment	1,990		1,534
Construction in progress	176		96
Property and equipment, gross	2,882		1,836
Accumulated depreciation	(1,396)		(1,134)
Total property and equipment, net	$	1,486	$	702

Other Non-Current Assets

Other Non-Current Assets	September 24, 2022		December 25, 2021
	(In millions)
Long-term prepaid supply agreements	$	1,020	$	916
Software and technology licenses, net	552		328
Other	382		234
Total other non-current assets	$	1,954	$	1,478

Accrued Liabilities

Accrued Liabilities	September 24, 2022		December 25, 2021
	(In millions)
Accrued marketing programs	$	900	$	933
Accrued compensation and benefits	749		705
Customer program liabilities	1,134		314
Other accrued and current liabilities	815		472
Total accrued liabilities	$	3,598	$	2,424

Schedule of Other Current Assets

Prepaid Expenses and Other Current Assets	September 24, 2022		December 25, 2021
	(In millions)
Prepaid supply agreements	$	719	$	74
Other	401		238
Total prepaid expenses and other current assets	$	1,120	$	312

Prepaid supply agreements relate to the short-term portion of payments made to vendors to secure long-term supply capacity.