Annual report pursuant to Section 13 and 15(d)

Other Financial Statement Details

v3.10.0.1
Other Financial Statement Details
 12 Months Ended
Dec. 29, 2018
Other Financial Statement Details [Abstract]  
Other Financial Statement Details [Text Block]
NOTE 7 :
OTHER FINANCIAL STATEMENT DETAILS
INVENTORIES
(In Millions)
 
Dec 29,
2018
 
Dec 30,
2017
Raw materials
 
$
813

 
$
738

Work in process
 
4,511

 
4,213

Finished goods
 
1,929

 
2,032

Total inventories
 
$
7,253

 
$
6,983

PROPERTY, PLANT AND EQUIPMENT
(In Millions)
 
Dec 29,
2018
 
Dec 30,
2017
Land and buildings
 
$
30,954

 
$
27,391

Machinery and equipment
 
66,721

 
57,192

Construction in progress
 
16,643

 
15,812

Total property, plant and equipment, gross
 
114,318

 
100,395

Less: accumulated depreciation
 
65,342

 
59,286

Total property, plant and equipment, net
 
$
48,976

 
$
41,109


Substantially all of our depreciable property, plant and equipment assets were depreciated over the following estimated useful lives: machinery and equipment, 2 to 5 years, and buildings, 10 to 30 years.
Net property, plant and equipment by country at the end of each period was as follows:
(In Millions)
 
Dec 29,
2018
 
Dec 30,
2017
 
Dec 31,
2016
United States
 
$
27,512

 
$
24,459

 
$
23,598

Israel
 
8,861

 
6,501

 
3,923

China
 
6,417

 
4,275

 
2,306

Ireland
 
3,947

 
3,938

 
4,865

Other countries
 
2,239

 
1,936

 
1,479

Total property, plant and equipment, net
 
$
48,976

 
$
41,109

 
$
36,171

OTHER ACCRUED LIABILITIES
Other accrued liabilities include deferred compensation of $1.7 billion as of December 29, 2018 ($1.7 billion as of December 30, 2017).
ADVERTISING
Advertising costs, including direct marketing, recorded within marketing, general and administrative (MG&A) expenses were $1.2 billion in 2018 ($1.4 billion in 2017 and $1.8 billion in 2016).
INTEREST AND OTHER, NET
The components of interest and other, net for each period were as follows:
Years Ended
(In Millions)
 
Dec 29,
2018
 
Dec 30,
2017
 
Dec 31,
2016
Interest income
 
$
438

 
$
441

 
$
222

Interest expense
 
(468
)
 
(646
)
 
(733
)
Other, net
 
156

 
(144
)
 
(192
)
Total interest and other, net
 
$
126


$
(349
)

$
(703
)

Interest expense in the preceding table is net of $496 million of interest capitalized in 2018 ($313 million in 2017 and $135 million in 2016).