Fair Value (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis

	December 31, 2022								December 25, 2021
	Fair Value Measured and Recorded at Reporting Date Using						Total		Fair Value Measured and Recorded at Reporting Date Using						Total
(In Millions)	Level 1		Level 2		Level 3				Level 1		Level 2		Level 3
Assets
Cash equivalents:
Corporate debt	$	—	$	856	$	—	$	856	$	—	$	65	$	—	$	65
Financial institution instruments1	6,899		1,474		—		8,373		1,216		763		—		1,979
Reverse repurchase     agreements	—		1,301		—		1,301		—		1,595		—		1,595
Short-term investments:
Corporate debt	—		5,381		—		5,381		—		6,367		—		6,367
Financial institution instruments1	196		4,729		—		4,925		154		5,162		—		5,316
Government debt2	48		6,840		—		6,888		50		12,693		—		12,743
Other current assets:
Derivative assets	—		1,264		—		1,264		80		576		—		656
Loans receivable3	—		53		—		53		—		152		—		152
Marketable equity securities4	1,341		—		—		1,341		1,854		317		—		2,171
Other long-term assets:
Derivative assets	—		10		—		10		—		772		7		779
Loans receivable3	—		—		—		—		—		57		—		57
Total assets measured and recorded at fair value	$	8,484	$	21,908	$	—	$	30,392	$	3,354	$	28,519	$	7	$	31,880
Liabilities
Other accrued liabilities:
Derivative liabilities	$	111	$	485	$	89	$	685	$	4	$	516	$	—	$	520
Other long-term liabilities:
Derivative liabilities	—		699		—		699		—		9		—		9
Total liabilities measured and recorded at fair value	$	111	$	1,184	$	89	$	1,384	$	4	$	525	$	—	$	529

1.Level 1 investments consist of money market funds recorded at Net Asset Value. Level 2 investments consist primarily of commercial paper, certificates of deposit, time deposits, and notes and bonds issued by financial institutions

2.Level 1 investments consist primarily of US Treasury securities. Level 2 investments consist primarily of non-US government debt.

3.The fair value of our loans receivable for which we elected the fair value option did not significantly differ from the contractual principal balance.

4.Level 2 investments consist of marketable equity securities subject to security-specific restrictions for which a fair value adjustment was recorded.