Income Taxes (Tables)

12 Months Ended

Dec. 29, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income before taxes and the provision for taxes consisted of the following:

Years Ended (In Millions)	Dec 29, 2018			Dec 30, 2017			Dec 31, 2016
Income before taxes:
U.S.	$	14,753		$	11,141		$	6,957
Non-U.S.	8,564			9,211			5,979
Total income before taxes	23,317			20,352			12,936
Provision for taxes:
Current:
Federal	2,786			8,307			1,319
State	(11		)	27			13
Non-U.S.	1,097			899			756
Total current provision for taxes	3,872			9,233			2,088
Deferred:
Federal	(1,389		)	1,680			658
Other	(219		)	(162		)	(126		)
Total deferred provision for taxes	(1,608		)	1,518			532
Total provision for taxes	$	2,264		$	10,751		$	2,620
Effective tax rate	9.7		%	52.8		%	20.3		%

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income before taxes and the provision for taxes consisted of the following:

Years Ended (In Millions)	Dec 29, 2018			Dec 30, 2017			Dec 31, 2016
Income before taxes:
U.S.	$	14,753		$	11,141		$	6,957
Non-U.S.	8,564			9,211			5,979
Total income before taxes	23,317			20,352			12,936
Provision for taxes:
Current:
Federal	2,786			8,307			1,319
State	(11		)	27			13
Non-U.S.	1,097			899			756
Total current provision for taxes	3,872			9,233			2,088
Deferred:
Federal	(1,389		)	1,680			658
Other	(219		)	(162		)	(126		)
Total deferred provision for taxes	(1,608		)	1,518			532
Total provision for taxes	$	2,264		$	10,751		$	2,620
Effective tax rate	9.7		%	52.8		%	20.3		%

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The difference between the tax provision at the statutory federal income tax rate and the tax provision as a percentage of income before income taxes (effective tax rate) for each period was as follows:

Years Ended	Dec 29, 2018		Dec 30, 2017		Dec 31, 2016
Statutory federal income tax rate	21.0	%	35.0	%	35.0	%
Increase (reduction) in rate resulting from:
Non-U.S. income taxed at different rates	(3.6	)	(7.6	)	(11.7	)
Research and development tax credits	(2.7	)	(2.3	)	(2.3	)
Domestic manufacturing deduction benefit	—		(1.3	)	(1.4	)
Foreign derived intangible income benefit	(3.7	)	—		—
Tax Reform	(1.3	)	26.8		—
ISecG divestiture	—		3.3		—
Other	(0.1	)	(1.1	)	0.7
Effective tax rate	9.7	%	52.8	%	20.3	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts for income tax purposes. Significant components of our deferred tax assets and liabilities at the end of each period were as follows:

(In Millions)	Dec 29, 2018			Dec 30, 2017
Deferred tax assets:
Accrued compensation and other benefits	$	570		$	711
Share-based compensation	273			241
Deferred income	—			211
Inventory	517			675
State credits and net operating losses	1,297			1,081
Other, net	512			887
Gross deferred tax assets	3,169			3,806
Valuation allowance	(1,302		)	(1,171		)
Total deferred tax assets	1,867			2,635
Deferred tax liabilities:
Property, plant and equipment	(878		)	(943		)
Licenses and intangibles	(744		)	(881		)
Convertible debt	(204		)	(374		)
Unrealized gains on investments and derivatives	(266		)	(421		)
Transition tax	—			(1,850		)
Other, net	(318		)	(373		)
Total deferred tax liabilities	(2,410		)	(4,842		)
Net deferred tax assets (liabilities)	$	(543	)	$	(2,207	)
Reported as:
Deferred tax assets	1,122			840
Deferred tax liabilities	(1,665		)	(3,046		)
Net deferred tax assets (liabilities)	$	(543	)	$	(2,207	)