Quarterly report pursuant to Section 13 or 15(d)

Contract Liabilities (Tables)

v3.19.1
Contract Liabilities (Tables)
3 Months Ended
Mar. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
(In Millions)
 
Mar 30,
2019
 
Dec 29,
2018
Prepaid supply agreements
 
$
2,359

 
$
2,587

Other
 
129

 
122

Total contract liabilities
 
$
2,488

 
$
2,709

Contract with Customer, Asset and Liability [Table Text Block] The following table shows the changes in contract liability balances relating to prepaid supply agreements during the first three months of 2019:
(In Millions)
 
 
Prepaid supply agreements balance as of December 29, 2018
 
$
2,587

Prepaids utilized
 
(228
)
Prepaid supply agreements balance as of March 30, 2019
 
$
2,359