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Financial Instruments (Tables) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 25, 2021
Schedule of Investments [Line Items]    
Other non-current assets $ 2,152 $ 1,478
Financial Instruments Not Recorded at Fair Value on a Recurring Basis
The carrying amounts and estimated fair values of the Company’s long-term debt are as follows:
 December 31, 2022December 25, 2021
 Carrying
Amount
Estimated
Fair Value
Carrying
Amount
Estimated
Fair Value
 (In millions)
Current portion of long-term debt, net$— $— $312 $326 
Long-term debt, net of current portion2,467 2,281 15 
 
Fair Value, by Balance Sheet Grouping [Table Text Block]
Financial Instruments Recorded at Fair Value on a Recurring Basis
December 31, 2022December 25, 2021
(In millions)Level 1Level 2TotalLevel 1Level 2Total
Cash equivalents
Money market funds$3,017 $— $3,017 $$— $
Commercial paper— 224 224 — 45 45 
Time deposits and certificates of deposits— 159 159 — — — 
Short-term investments
Commercial paper— 441 441 — 880 880 
Time deposits and certificates of deposits— — — — 193 193 
Asset-backed and mortgage-backed securities— 39 39 — — — 
U.S. Treasury and agency securities466 — 466 — — — 
Foreign government and agency securities— 74 74 — — — 
Other non-current assets
Time deposits and certificates of deposits— — — — 
Equity investments— 66 — 66 
Deferred compensation plan investments90 — 90 72 — 72 
Total assets measured at fair value$3,581 $945 $4,526 $142 $1,118 $1,260 
 
Investments Classified by Contractual Maturity Date
The contractual maturities of investments classified as available-for-sale are as follows:
December 31, 2022December 25, 2021
Amortized CostFair ValueAmortized CostFair Value
(In millions)(In millions)
Due within 1 year$1,224 $1,218 $1,118 $1,118 
Due in 1 year through 5 years159 156 — — 
Due in 5 years and later41 38 — — 
$1,424 $1,412 $1,118 $1,118 
 
Fair Value, Recurring    
Schedule of Investments [Line Items]    
Assets, Fair Value Disclosure $ 4,526 1,260
Level 2    
Schedule of Investments [Line Items]    
Assets, Fair Value Disclosure 945 1,118
Level 1    
Schedule of Investments [Line Items]    
Assets, Fair Value Disclosure 3,581 142
Short-term Investments | Fair Value, Recurring | Commercial Paper    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 441 880
Short-term Investments | Fair Value, Recurring | Bank Time Deposits [Member]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 193
Short-term Investments | Level 2 | Fair Value, Recurring | Commercial Paper    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 441 880
Short-term Investments | Level 2 | Fair Value, Recurring | Bank Time Deposits [Member]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 193
Short-term Investments | Level 1 | Fair Value, Recurring | Commercial Paper    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 0
Short-term Investments | Level 1 | Fair Value, Recurring | Bank Time Deposits [Member]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 0
Other Noncurrent Assets | Fair Value, Recurring | Bank Time Deposits [Member]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 9 0
Other Noncurrent Assets | Fair Value, Recurring | Equity Securities    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 8 66
Other Noncurrent Assets | Fair Value, Recurring | Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Domain]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 90 72
Other Noncurrent Assets | Level 2 | Fair Value, Recurring | Bank Time Deposits [Member]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 9 0
Other Noncurrent Assets | Level 2 | Fair Value, Recurring | Equity Securities    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 0
Other Noncurrent Assets | Level 2 | Fair Value, Recurring | Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Domain]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 0
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | Bank Time Deposits [Member]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 0 0
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | Equity Securities    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure 8 66
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Domain]    
Schedule of Investments [Line Items]    
Investments, Fair Value Disclosure $ 90 $ 72