Fair Value (Tables)

12 Months Ended

Dec. 31, 2011

Fair Value (Tables) [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 consisted of the following types of instruments as of December 31, 2011 and December 25, 2010:

		December 31, 2011								December 25, 2010
		Fair Value Measured and								Fair Value Measured and
		Recorded at Reporting Date Using								Recorded at Reporting Date Using
(In Millions)		Level 1		Level 2		Level 3			Total	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents:
	Commercial paper	$	—	$	2,408	$	—	$	2,408	$	—	$	2,600	$	—	$	2,600
	Government bonds		650		—		—		650		1,279		505		—		1,784
	Bank deposits		—		795		—		795		—		560		—		560
	Money market fund deposits		546		—		—		546		34		—		—		34
Short-term investments:
	Government bonds		2,690		310		—		3,000		4,890		1,320		—		6,210
	Commercial paper		—		1,409		—		1,409		—		2,712		—		2,712
	Corporate bonds		120		428		28		576		121		1,378		1		1,500
	Bank deposits		—		196		—		196		—		858		—		858
	Asset-backed securities		—		—		—		—		—		—		14		14
Trading assets:
	Government bonds		1,698		1,317		—		3,015		311		2,115		—		2,426
	Corporate bonds		202		486		—		688		199		916		—		1,115
	Commercial paper		—		305		—		305		—		488		—		488
	Municipal bonds		—		284		—		284		—		375		—		375
	Bank deposits		—		135		—		135		—		108		—		108
	Asset-backed securities		—		—		115		115		—		—		190		190
	Money market fund deposits		49		—		—		49		3		—		—		3
	Marketable equity securities		—		—		—		—		388		—		—		388
Other current assets:
	Derivative assets		—		159		7		166		—		330		—		330
	Loans receivable		—		33		—		33		—		—		—		—
	Marketable equity securities
Marketable equity securities			522		40		—		562		785		223		—		1,008
Other long-term investments:
	Government bonds		177		300		—		477		83		2,002		—		2,085
	Corporate bonds		—		282		39		321		104		601		50		755
	Bank deposits		—		55		—		55		—		133		—		133
	Asset-backed securities		—		—		36		36		—		—		53		53
Other long-term assets:
	Loans receivable		—		715		—		715		—		642		—		642
	Derivative assets		—		34		29		63		—		19		31		50
Total assets measured and
	recorded at fair value	$	6,654	$	9,691	$	254	$	16,599	$	8,197	$	17,885	$	339	$	26,421
Liabilities
Other accrued liabilities:
	Derivative liabilities	$	—	$	280	$	8	$	288	$	—	$	201	$	7	$	208
Long-term debt			—		—		131		131		—		—		128		128
Other long-term liabilities:
	Derivative liabilities		—		27		—		27		—		47		—		47
Total liabilities measured and
	recorded at fair value	$	—	$	307	$	139	$	446	$	—	$	248	$	135	$	383

Assets/Liabilities Measured and Recorded at Fair Value on a Recurring Basis (Significant Unobservable Inputs [Level 3]) [Table Text Block]

The following tables present reconciliations for all assets and liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for 2011 and 2010:

		Fair Value Measured and Recorded Using
		Significant Unobservable Inputs (Level 3)
		Corporate		Asset-Backed		Derivative		Derivative		Long-Term		Total Gains
(In Millions)		Bonds		Securities		Assets		Liabilities		Debt		(Losses)
Balance as of December 25, 2010		$	51	$	257	$	31	$	(7)	$	(128)
Total gains or losses (realized and unrealized):
	Included in earnings		(3)		(6)		2		(1)		(3)		(11)
	Included in other comprehensive income (loss)		7		(2)		—		—		—		5
Purchases			24		13		6		—		—
Sales			—		(11)		—		—		—
Settlements and maturities			(12)		(100)		—		—		—
Transfers out of Level 3			—		—		(3)		—		—
Balance as of December 31, 2011		$	67	$	151	$	36	$	(8)	$	(131)
Changes in unrealized gains or losses included in
	earnings related to assets and liabilities still held
	as of December 31, 2011	$	(2)	$	(2)	$	2	$	(1)	$	(3)	$	(6)
		Fair Value Measured and Recorded Using
		Significant Unobservable Inputs (Level 3)
		Corporate		Asset-Backed		Derivative		Derivative		Long-Term		Total Gains
(In Millions)		Bonds		Securities		Assets		Liabilities		Debt		(Losses)
Balance as of December 26, 2009		$	369	$	754	$	31	$	(65)	$	(123)
Total gains or losses (realized and unrealized):
	Included in earnings		(2)		6		(3)		(2)		(5)		(6)
	Included in other comprehensive income (loss)		4		9		—		—		—		13
Purchases			6		—		7		—		—
Sales			(44)		(28)		(4)		—		—
Settlements and maturities			(75)		(484)		—		—		—
Transfers out of Level 3			(207)		—		—		60		—
Balance as of December 25, 2010		$	51	$	257	$	31	$	(7)	$	(128)
Changes in unrealized gains or losses included in
	earnings related to assets and liabilities still held
	as of December 25, 2010	$	—	$	6	$	(4)	$	(1)	$	(5)	$	(4)

Financial Instruments Not Recorded At Fair Value On Recurring Basis [Table Text Block]

We measure the fair value of our non-marketable equity investments, marketable equity method investments, indebtedness carried at amortized cost, and cost method loans receivable quarterly for disclosure purposes; however, the assets are recorded at fair value only when an impairment charge is recognized. The carrying amounts and fair values of financial instruments not recorded at fair value on a recurring basis as of December 31, 2011 and December 25, 2010 were as follows:

	2011				2010
	Carrying		Fair		Carrying		Fair
(In Millions)	Amount		Value		Amount		Value
Non-marketable equity investments	$	2,759	$	6,161	$	2,633	$	5,144
Marketable equity method investments	$	39	$	67	$	31	$	167
Loans receivable	$	132	$	132	$	208	$	208
Long-term debt	$	6,953	$	7,735	$	1,949	$	2,283
Short-term debt	$	200	$	200	$	—	$	—
NVIDIA Corporation cross-license agreement liability	$	1,156	$	1,174	$	—	$	—