Annual report pursuant to Section 13 and 15(d)

Contract Liabilities (Tables)

v3.21.4
Contract Liabilities (Tables)
12 Months Ended
Dec. 25, 2021
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability
The following table shows the changes in contract liability balances relating to long-term prepaid customer supply agreements during 2021:
(In Millions)
Prepaid customer supply agreements balance as of December 26, 2020 $ 1,625 
Concession payment (950)
Prepaids utilized (633)
Prepaid customer supply agreements balance as of December 25, 2021 $ 42