Annual report pursuant to Section 13 and 15(d)

Contract Liabilities (Tables)

v3.19.3.a.u2
Contract Liabilities (Tables)
12 Months Ended
Dec. 28, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
(In Millions)
 
Dec 28,
2019
 
Dec 29,
2018
Prepaid supply agreements
 
$
1,805

 
$
2,587

Other
 
236

 
122

Total contract liabilities
 
$
2,041

 
$
2,709


Contract with Customer, Asset and Liability
The following table shows the changes in contract liability balances relating to long-term prepaid supply agreements during 2019:
(In Millions)
 
 
Prepaid supply agreements balance as of December 29, 2018
 
$
2,587

Prepaids utilized
 
(782
)
Prepaid supply agreements balance as of December 28, 2019
 
$
1,805