Supplemental Balance Sheet Information (Tables)

3 Months Ended

Apr. 01, 2023

Balance Sheet Related Disclosures [Abstract]

Inventories

Inventories	April 1, 2023		December 31, 2022
	(In millions)
Raw materials	$	241	$	231
Work in process	3,129		2,648
Finished goods	865		892
Total inventories	$	4,235	$	3,771

Schedule of Other Current Assets

Prepaid Expenses and Other Current Assets	April 1, 2023		December 31, 2022
	(In millions)
Prepaid supply agreements	$	867	$	673
Other	575		592
Total prepaid expenses and other current assets	$	1,442	$	1,265

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

Property and Equipment, Net

Property and Equipment, net	April 1, 2023		December 31, 2022
	(In millions)
Land	$	120	$	120
Building and leasehold improvements	653		594
Equipment	2,173		2,163
Construction in progress	147		143
Property and equipment, gross	3,093		3,020
Accumulated depreciation	(1,593)		(1,507)
Total property and equipment, net	$	1,500	$	1,513

Accrued Liabilities

Accrued Liabilities	April 1, 2023		December 31, 2022
	(In millions)
Accrued marketing programs	$	672	$	876
Accrued compensation and benefits	708		701
Customer program liabilities	1,006		859
Other accrued and current liabilities	781		641
Total accrued liabilities	$	3,167	$	3,077