Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.24.3
Fair Value (Tables)
 9 Months Ended
Sep. 28, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis
Sep 28, 2024 Dec 30, 2023
Fair Value Measured and Recorded at Reporting Date Using
 
 Fair Value Measured and Recorded at Reporting Date Using  
(In Millions)
 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Assets
Cash equivalents:
Corporate debt $ —  $ 213  $ —  $ 213  $ —  $ 769  $ —  $ 769 
Financial institution instruments¹ 3,415  1,197  —  4,612  2,241  835  —  3,076 
Reverse repurchase agreements —  3,295  —  3,295  —  2,554  —  2,554 
Short-term investments:
Corporate debt —  5,777  —  5,777  —  6,951  —  6,951 
Financial institution instruments¹ 129  3,301  —  3,430  33  4,215  —  4,248 
Government debt² 20  6,074  —  6,094  —  6,756  —  6,756 
Other current assets:
Derivative assets 261  653  —  914  366  809  —  1,175 
Marketable equity securities 980  —  —  980  1,194  —  —  1,194 
Other long-term assets:
Derivative assets —  5  —  5  —  21  —  21 
Total assets measured and recorded at fair value $ 4,805  $ 20,515  $ —  $ 25,320  $ 3,834  $ 22,910  $ —  $ 26,744 
Liabilities
Other accrued liabilities:
Derivative liabilities $ —  $ 457  $ 96  $ 553  $ —  $ 541  $ 99  $ 640 
Other long-term liabilities:
Derivative liabilities —  212  —  212  —  479  —  479 
Total liabilities measured and recorded at fair value $ —  $ 669  $ 96  $ 765  $ —  $ 1,020  $ 99  $ 1,119 
1Level 1 investments consist of money market funds. Level 2 investments consist primarily of certificates of deposit, time deposits, commercial paper, notes, and bonds issued by financial institutions.
2Level 1 investments consist of US Treasury securities. Level 2 investments consist primarily of non-US government debt.