Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

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Investments (Tables)
 6 Months Ended
Jun. 29, 2024
Investments, Debt and Equity Securities [Abstract]  
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of marketable debt investments, by contractual maturity, as of June 29, 2024, was as follows:
(In Millions) Fair Value
Due in 1 year or less
 $ 11,498 
Due in 1–2 years
 1,987 
Due in 2–5 years
 6,141 
Due after 5 years
 241 
Instruments not due at a single maturity date1
5,396 
Total $ 25,263 
1 Instruments not due at a single maturity date is comprised of money market fund deposits, which are classified as either short-term investments or cash and cash equivalents.
Investment [Table Text Block]
(In Millions) Jun 29, 2024 Dec 30, 2023
Marketable equity securities1
$ 1,246  $ 1,194 
Non-marketable equity securities
4,574  4,630 
Equity method investments
 4  5 
Total $ 5,824  $ 5,829 
1    Substantially all of our marketable equity securities are subject to trading-volume or market-based restrictions, which limit the number of shares we may sell in a specified period of time, impacting our ability to liquidate these investments. Certain of the trading volume restrictions generally apply for as long as we own more than 1% of the outstanding shares. Market-based restrictions result from the rules of the respective exchange.
Gain (Loss) on Securities [Table Text Block]
The components of gains (losses) on equity investments, net for each period were as follows:
  Three Months Ended Six Months Ended
(In Millions)
 Jun 29, 2024 Jul 1, 2023 Jun 29, 2024 Jul 1, 2023
Ongoing mark-to-market adjustments on marketable equity securities
 $ (43) $ (85) $ (134) $ 103 
Observable price adjustments on non-marketable equity securities
 25  —  49  10 
Impairment charges
 (91) (38) (159) (74)
Sale of equity investments and other1
(11) 99  329  106 
Total gains (losses) on equity investments, net $ (120) $ (24) $ 85  $ 145 
1 Sale of equity investments and other includes initial fair value adjustments recorded upon a security becoming marketable, realized gains (losses) on sales of non-marketable equity investments and equity method investments, and our share of equity method investee gains (losses) and distributions.