Annual report pursuant to Section 13 and 15(d)

Fair Value (Tables)

v3.23.4
Fair Value (Tables)
 12 Months Ended
Dec. 30, 2023
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 30, 2023 December 31, 2022
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 $ —  $ 769  $ —  $ 769  $ — $ 856  $ — $ 856 
Financial institution instruments1
2,241  835  —  3,076  6,899  1,474  — 8,373 
Reverse repurchase agreements —  2,554  —  2,554  — 1,301  — 1,301 
Short-term investments:
Corporate debt —  6,951  —  6,951  — 5,381  — 5,381 
Financial institution instruments1
33  4,215  —  4,248  196  4,729  — 4,925 
Government debt2
—  6,756  —  6,756  48  6,840  — 6,888 
Other current assets:
Derivative assets 366  809  —  1,175  — 1,264  — 1,264 
Loans receivable
 —  —  —  —  — 53  — 53 
Marketable equity securities 1,194  —  —  1,194  1,341  —  — 1,341 
Other long-term assets:
Derivative assets —  21  —  21  — 10  —  10 
Total assets measured and recorded at fair value $ 3,834  $ 22,910  $ —  $ 26,744  $ 8,484  $ 21,908  $ —  $ 30,392 
Liabilities
Other accrued liabilities:
Derivative liabilities $ —  $ 541  $ 99  $ 640  $ 111 $ 485  $ 89 $ 685 
Other long-term liabilities:
Derivative liabilities —  479  —  479  — 699  — 699 
Total liabilities measured and recorded at fair value $ —  $ 1,020  $ 99  $ 1,119  $ 111 $ 1,184  $ 89 $ 1,384 
1.Level 1 investments consist of money market funds. Level 2 investments consist primarily of commercial paper, certificates of deposit, time deposits, 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.