Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v3.24.4
Income Taxes (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
Income before taxes: U.S. $ (13,450) $ (4,749) $ (1,161)
Income before taxes: Non-U.S. 2,241 5,511 8,929
Income (loss) before taxes (11,210) 762 7,768
Provision for taxes, Current: Federal 600 538 4,106
Provision for taxes, Current: State (8) 23 68
Provision for taxes, Current: Non-U.S. 1,364 535 735
Total current provision for taxes 1,956 1,096 4,909
Provision for taxes, Deferred: Federal 6,192 (2,048) (5,806)
Deferred State and Local Income Tax Expense (Benefit) 67 (21) (40)
Deferred Other Tax Expense (Benefit) (192) 60 688
Total deferred provision for taxes 6,067 (2,009) (5,158)
Total Provision for taxes $ 8,023 $ (913) $ (249)
Effective tax rate (71.60%) (119.80%) (3.20%)
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]      
Statutory federal income tax rate 21.00% 21.00% 21.00%
Increase (reduction) in rate resulting from:      
Federal valuation allowance (93.20%) 0.00% 0.00%
Goodwill impairment (2.10%) 0.00% 0.00%
Share-based compensation (4.20%) 34.30% 3.00%
Unrecognized tax benefits and settlements (1.30%) 16.30% 4.50%
Non-US income taxed at different rates 5.30% (60.60%) (13.40%)
Research and development tax credits 5.60% (99.00%) (11.40%)
Foreign derived intangible income benefit 0.00% (25.10%) (9.70%)
Restructuring of certain non-US subsidiaries 0.00% (15.80%) (2.20%)
Non-deductibility of European Commission fine 0.00% 11.10% (4.10%)
Other (2.70%) (2.00%) 9.10%
Effective tax rate (71.60%) (119.80%) (3.20%)
Income Tax Disclosure [Line Items]      
Income tax holiday benefit $ 67 $ 129 $ 220
Income tax holiday, impact on diluted earnings per share (in dollars per share) $ 0.02 $ 0.03 $ 0.05
Statutory federal income tax rate 21.00% 21.00% 21.00%
Income Tax Holiday, Termination Date 2056    
Income Tax Expense (Benefit) $ 8,023 $ (913) $ (249)
Valuation Allowance 13,974 3,047  
Change in valuation allowance 10,900    
Undistributed earnings on certain foreign subsidiaries 21,000    
Income Taxes Receivable, Current 2,600 59  
Long-term income taxes payable 1,600 2,600  
Components of Deferred Tax Assets and Liabilities [Abstract]      
Deferred Tax Assets, Research and Development Capitalized 10,709 7,726  
Deferred tax assets, State credits and net operating losses 2,830 2,624  
Deferred tax assets, Inventory 1,054 1,430  
Deferred tax assets, Accrued compensation and other benefits 970 931  
Deferred tax assets, Share-based compensation 444 586  
Deferred Tax Assets, Tax Deferred Expense, Litigation Expense 447 308  
Deferred tax assets, Other, net 1,510 926  
Gross deferred tax assets 17,964 14,531  
Deferred tax assets, Valuation allowance (13,974) (3,047)  
Total deferred tax assets 3,990 11,484  
Deferred tax liabilities, Property, plant and equipment (4,063) (5,156)  
Deferred tax liabilities, Licenses and intangibles (159) (494)  
Deferred Tax Liabilities, Unrealized Gains On Investments And Derivatives (224) (358)  
Deferred tax liabilities, Other, net (403) (203)  
Total deferred tax liabilities (4,849) (6,211)  
Deferred Tax Liabilities, Net (859)    
Net deferred tax assets   5,273  
Deferred tax assets 603 5,459  
Deferred tax liabilities (1,462) (186)  
Unrecognized Tax Benefits [Roll Forward]      
Beginning gross unrecognized tax benefits 1,124 1,229 1,020
Settlements and effective settlements with tax authorities (59) (288) (18)
Changes in balances related to tax position taken during prior periods (8) 0 (120)
Changes in balances related to tax position taken during current period 73 183 347
Ending gross unrecognized tax benefits 1,130 1,124 $ 1,229
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 946 $ 962  
Decrease in Unrecognized Tax Benefits is Reasonably Possible $ 314    
Minimum      
Income Tax Disclosure [Line Items]      
Effective Income Tax Rate Reconciliation, at Foreign Statutory Income Tax Rate, Percent 12.50%    
Maximum      
Income Tax Disclosure [Line Items]      
Effective Income Tax Rate Reconciliation, at Foreign Statutory Income Tax Rate, Percent 24.00%    
US      
Income Tax Disclosure [Line Items]      
Operating Loss Carryforwards $ 279    
Non-U.S.      
Income Tax Disclosure [Line Items]      
Operating Loss Carryforwards $ 2,700