Quarterly report pursuant to Section 13 or 15(d)

Contract Liabilities (Tables)

v3.19.3
Contract Liabilities (Tables)
9 Months Ended
Sep. 28, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
(In Millions)
 
Sep 28,
2019
 
Dec 29,
2018
Prepaid supply agreements
 
$
1,913

 
$
2,587

Other
 
180

 
122

Total contract liabilities
 
$
2,093

 
$
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 nine months of 2019:
(In Millions)
 
 
Prepaid supply agreements balance as of December 29, 2018
 
$
2,587

Prepaids utilized
 
(674
)
Prepaid supply agreements balance as of September 28, 2019
 
$
1,913