Borrowings (Tables)

3 Months Ended

Apr. 02, 2016

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)	Apr 2, 2016			Dec 26, 2015
Drafts payable	$	75		$	41
Commercial paper	921			—
Current portion of long-term debt	2,606			2,602
Less: debt issuance costs associated with the current portion of long-term debt	(8		)	(9		)
Total short-term debt	$	3,594		$	2,634

Schedule of Long-term Debt Instruments [Table Text Block]

Our long-term debt at the end of each period was as follows:

(In Millions)	Maturity Date	Stated Interest Rate	Apr 2, 2016			Dec 26, 2015
First quarter 2016 acquired Altera debt of $1.5 billion
Senior notes	May 2017	1.75%	$	501		$	—
Senior notes	November 2018	2.50%	606			—
Senior notes	November 2023	4.10%	426			—
Fourth quarter 2015 debt issuance of $915 million
Senior notes	December 2045	4.70%	939			908
Fourth quarter 2015 Australian dollar-denominated debt issuance of A$800 million
Senior notes1	December 2019	3.25%	191			181
Senior notes1	December 2022	4.00%	421			397
Third quarter 2015 debt issuance of $1.0 billion
Senior notes	August 2045	4.90%	1,028			1,009
Third quarter 2015 debt issuance of $7.0 billion
Senior notes	July 2020	2.45%	1,749			1,748
Senior notes	July 2022	3.10%	1,030			996
Senior notes	July 2025	3.70%	2,269			2,247
Senior notes	July 2045	4.90%	1,999			1,998
2012 debt issuance of $6.2 billion
Senior notes	December 2017	1.35%	2,999			2,999
Senior notes	December 2022	2.70%	1,548			1,492
Senior notes	December 2032	4.00%	744			744
Senior notes	December 2042	4.25%	925			924
2011 debt issuance of $5.0 billion
Senior notes	October 2016	1.95%	1,500			1,499
Senior notes	October 2021	3.30%	1,998			1,997
Senior notes	October 2041	4.80%	1,491			1,490
2009 debt issuance of $2.0 billion
Junior subordinated convertible debentures	August 2039	3.25%	1,106			1,103
2005 debt issuance of $1.6 billion
Junior subordinated convertible debentures	December 2035	2.95%	979			975
Long-term debt			24,449			22,707
Less: current portion of long-term debt			(2,606		)	(2,602		)
Less: debt issuance costs			(68		)	(69		)
Total long-term debt			$	21,775		$	20,036