Income Taxes (Tables)

12 Months Ended

Dec. 30, 2023

Income Tax Disclosure [Abstract]

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

Years Ended (In Millions)	Dec 30, 2023			Dec 31, 2022			Dec 25, 2021
Income (losses) before taxes:
US	$	(4,749)		$	(1,161)		$	9,361
Non-US	5,511			8,929			12,342
Total income before taxes	762			7,768			21,703
Provision for (benefit from) taxes:
Current:
Federal	538			4,106			1,304
State	23			68			75
Non-US	535			735			1,198
Total current provision for (benefit from) taxes	1,096			4,909			2,577
Deferred:
Federal	(2,048)			(5,806)			(863)
State	(21)			(40)			(25)
Non-US	60			688			146
Total deferred provision for (benefit from) taxes	(2,009)			(5,158)			(742)
Total provision for (benefit from) taxes	$	(913)		$	(249)		$	1,835
Effective tax rate	(119.8)		%	(3.2)		%	8.5		%

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

Years Ended (In Millions)	Dec 30, 2023			Dec 31, 2022			Dec 25, 2021
Income (losses) before taxes:
US	$	(4,749)		$	(1,161)		$	9,361
Non-US	5,511			8,929			12,342
Total income before taxes	762			7,768			21,703
Provision for (benefit from) taxes:
Current:
Federal	538			4,106			1,304
State	23			68			75
Non-US	535			735			1,198
Total current provision for (benefit from) taxes	1,096			4,909			2,577
Deferred:
Federal	(2,048)			(5,806)			(863)
State	(21)			(40)			(25)
Non-US	60			688			146
Total deferred provision for (benefit from) taxes	(2,009)			(5,158)			(742)
Total provision for (benefit from) taxes	$	(913)		$	(249)		$	1,835
Effective tax rate	(119.8)		%	(3.2)		%	8.5		%

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 30, 2023		Dec 31, 2022		Dec 25, 2021
Statutory federal income tax rate	21.0	%	21.0	%	21.0	%
Increase (reduction) in rate resulting from:
Research and development tax credits	(99.0)		(11.4)		(2.4)
Non-US income taxed at different rates	(60.6)		(13.4)		(5.9)
Foreign derived intangible income benefit	(25.1)		(9.7)		(2.2)
Restructuring of certain non-US subsidiaries	(15.8)		(2.2)		(3.4)
Share-based compensation	34.3		3.0		—
Unrecognized tax benefits and settlements	16.3		4.5		1.1
Non-deductibility of European Commission fine	11.1		(4.1)		—
Other	(2.0)		9.1		0.3
Effective tax rate	(119.8)	%	(3.2)	%	8.5	%

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 30, 2023		Dec 31, 2022
Deferred tax assets:
R&D expenditures capitalization	$	7,726	$	5,067
State credits and net operating losses	2,624		2,259
Inventory	1,430		1,788
Accrued compensation and other benefits	931		1,031
Share-based compensation	586		557
Litigation charge	308		470
Other, net	926		709
Gross deferred tax assets	14,531		11,881
Valuation allowance	(3,047)		(2,586)
Total deferred tax assets	11,484		9,295
Deferred tax liabilities:
Property, plant, and equipment	(5,156)		(4,776)
Licenses and intangibles	(494)		(386)
Unrealized gains on investments and derivatives	(358)		(415)
Other, net	(203)		(470)
Total deferred tax liabilities	(6,211)		(6,047)
Net deferred tax assets (liabilities)	$	5,273	$	3,248
Reported as:
Deferred tax assets	5,459		3,450
Deferred tax liabilities	(186)		(202)
Net deferred tax assets (liabilities)	$	5,273	$	3,248

Summary of Valuation Allowance [Table Text Block]

Changes in the valuation allowance for deferred tax assets were as follows:

Years Ended (In Millions)	Balance at Beginning of Year		Additions Charged to Expenses/ Other Accounts		Net (Deductions) Recoveries		Balance at End of Year
Valuation allowance for deferred tax assets
December 30, 2023	$	2,586	$	461	$	—	$	3,047
December 31, 2022	$	2,259	$	401	$	(74)	$	2,586
December 25, 2021	$	1,963	$	442	$	(146)	$	2,259

Schedule of Unrecognized Tax Benefits Roll Forward

Uncertain Tax Positions

(In Millions)	Dec 30, 2023		Dec 31, 2022		Dec 25, 2021
Beginning gross unrecognized tax benefits	$	1,229	$	1,020	$	828
Settlements and effective settlements with tax authorities	(288)		(18)		(25)
Changes in balances related to tax position taken during prior periods	—		(120)		(26)
Changes in balances related to tax position taken during current period	183		347		243
Ending gross unrecognized tax benefits	$	1,124	$	1,229	$	1,020