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Investments (Tables)
6 Months Ended
Jul. 02, 2022
Investments and Cash [Abstract]  
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of marketable debt investments, by contractual maturity, as of July 2, 2022, was as follows:
(In Millions)
Fair Value
Due in 1 year or less
$14,673 
Due in 1–2 years
3,315 
Due in 2–5 years
5,033 
Due after 5 years
714 
Instruments not due at a single maturity date
713 
Total$24,448 
Investment [Table Text Block]
(In Millions)
Jul 2, 2022Dec 25, 2021
Marketable equity securities
$1,456 $2,171 
Non-marketable equity securities
4,460 4,111 
Equity method investments
13 16 
Total$5,929 $6,298 
Gain (Loss) on Securities [Table Text Block]
The components of gains (losses) on equity investments, net for each period were as follows:
 Three Months EndedSix Months Ended
(In Millions)
Jul 2, 2022Jun 26, 2021Jul 2, 2022Jun 26, 2021
Ongoing mark-to-market adjustments on marketable equity securities
$(209)$138 $(639)$(153)
Observable price adjustments on non-marketable equity securities
135 72 206 623 
Impairment charges
(44)(35)(67)(73)
Sale of equity investments and other¹28 120 4,733 266 
Total gains (losses) on equity investments, net$(90)$295 $4,233 $663 
1 Sale of equity investments and other includes realized gains (losses) on sales of non-marketable equity investments, our share of equity method investees' gains (losses) and distributions, and initial fair value adjustments recorded upon a security becoming marketable.
Gains and losses for our marketable and non-marketable equity securities for each period were as follows:
Three Months EndedSix Months Ended
(In Millions)
Jul 2, 2022Jun 26, 2021Jul 2, 2022Jun 26, 2021
Net gains (losses) recognized during the period on equity securities
$(93)$226 $(337)$537 
Less: Net (gains) losses recognized during the period on equity securities sold during the period(19)(26)(11)(125)
Unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date$(112)$200 $(348)$412