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Share-Based Compensation Share-Based Compensation (Tables)
 12 Months Ended
Dec. 25, 2021
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Cost by Plan [Table Text Block]
The following table summarizes our total share-based compensation expense, which is primarily recorded in selling, general and administrative expenses, and excess tax benefits recognized:
202120202019
Share-based compensation expense - equity awards$301 $264 $237 
Share-based compensation expense - liability awards20 11 8 
Restructuring charges1 (1)(2)
Total$322 $274 $243 
Income tax benefits recognized in earnings related to share-based compensation$57 $48 $39 
Excess tax benefits related to share-based compensation
$38 $35 $50 
Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions
Our weighted-average Black-Scholes fair value assumptions are as follows:
202120202019
Expected life7 years6 years5 years
Risk-free interest rate1.1 %0.9 %2.4 %
Expected volatility14 %14 %14 %
Expected dividend yield3.1 %3.4 %3.1 %
Share-based Payment Arrangement, Option, Activity [Table Text Block]
A summary of our stock option activity for the year ended December 25, 2021 is as follows:
Options(a)
Weighted-Average Exercise
Price		Weighted-Average Contractual
Life Remaining
(years)
Aggregate Intrinsic
Value(a)
Outstanding at December 26, 202010,640 $99.54 
Granted2,157 $134.25 
Exercised(2,321)$79.87 
Forfeited/expired(334)$125.35 
Outstanding at December 25, 202110,142 $110.54 5.79$600,755 
Exercisable at December 25, 20215,407 $93.49 3.47$412,524 
Expected to vest as of December 25, 20214,419 $129.78 8.41$176,771 
(a)In thousands.
Our RSU and PSU Activity
A summary of our RSU and PSU activity for the year ended December 25, 2021 is as follows:

RSUs/PSUs(a)
Weighted-Average
Grant-Date Fair Value		Weighted-Average Contractual Life
Remaining (years)
Aggregate
Intrinsic
Value(a)
Outstanding at December 26, 20206,127 $119.92 
Granted2,636 $131.81 
Converted(2,229)$112.09 
Forfeited(557)$126.70 
Outstanding at December 25, 2021 (b)
5,977 $127.45 1.31$1,014,854 
Expected to vest as of December 25, 2021 (c)
6,016 $127.59 1.30$1,021,312 
(a)In thousands. Outstanding awards are disclosed at target.
(b)The outstanding PSUs for which the vesting period has not ended as of December 25, 2021, at the threshold, target and maximum award levels were zero, 1 million and 2 million, respectively.
(c)Represents the number of outstanding awards expected to vest, including estimated performance adjustments on all outstanding PSUs as of December 25, 2021.
Schedule of Liability Award Vested and Expected to Vest [Table Text Block]
A summary of our long-term cash activity for the year ended December 25, 2021 is as follows:
Long-Term Cash
Award(a)
Balance Sheet Date Fair Value(a)
Contractual Life Remaining
(years)
Outstanding at December 26, 2020$47,513 
Granted16,507 
Vested(16,567)
Forfeited(1,661)
Outstanding at December 25, 2021 (b)
$45,792 $50,238 1.29
Expected to vest as of December 25, 2021 (c)
$43,480 $47,771 1.27
(a)In thousands. Outstanding awards are disclosed at target.
(b)The outstanding awards for which the vesting period has not ended as of December 25, 2021, at the threshold, target and maximum award levels based on the achievement of its market conditions were zero, $46 million and $92 million, respectively.
(c)Represents the number of outstanding awards expected to vest, based on the most recent valuation as of December 25, 2021.
Other Share-Based Compensation Data
The following is a summary of other share-based compensation data:
202120202019
Stock Options
Total number of options granted (a)
2,157 1,847 1,286 
Weighted-average grant-date fair value of options granted$9.88 $8.31 $10.89 
Total intrinsic value of options exercised (a)
$153,306 $155,096 $275,745 
Total grant-date fair value of options vested (a)
$10,605 $8,652 $9,838 
RSUs/PSUs
Total number of RSUs/PSUs granted (a)
2,636 2,496 2,754 
Weighted-average grant-date fair value of RSUs/PSUs granted$131.81 $131.21 $116.87 
Total intrinsic value of RSUs/PSUs converted (a)
$273,878 $303,165 $333,951 
Total grant-date fair value of RSUs/PSUs vested (a)
$198,469 $235,523 $275,234 
(a)In thousands.