Quarterly report pursuant to Section 13 or 15(d)

Contract Liabilities (Tables)

v3.20.2
Contract Liabilities (Tables)
 9 Months Ended
Sep. 26, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
(In Millions) Sep 26, 2020 Dec 28, 2019
Prepaid supply agreements $ 1,714  $ 1,805 
Other 264  236 
Total contract liabilities $ 1,978  $ 2,041 
Contract with Customer, Asset and Liability [Table Text Block]
The following table shows the changes in contract liability balances relating to long-term prepaid supply agreements during the first nine months of 2020:
(In Millions)
Prepaid supply agreements balance as of December 28, 2019 $ 1,805 
Additions
 70 
Prepayments utilized (161)
Prepaid supply agreements balance as of September 26, 2020 $ 1,714