Quarterly report [Sections 13 or 15(d)]

Investments (Tables)

v3.26.1
Investments (Tables)
 3 Months Ended
Mar. 28, 2026
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 March 28, 2026, was as follows:
(In Millions) Fair Value
Due in 1 year or less
$
6,278 
Due in 1–2 years
4,189 
Due in 2–5 years
6,648 
Due after 5 years
368 
Instruments not due at a single maturity date1
11,010 
Total
 $ 28,493 
1 Instruments not due at a single maturity date is composed of money market fund deposits, which are classified as either short-term investments or cash and cash equivalents.
Investment [Table Text Block]
(In Millions) Mar 28, 2026 Dec 27, 2025
Marketable equity investments1
$
317 
$
484 
Non-marketable equity investments
8,164 
8,028 
Total
$
8,481 
$
8,512 
1 The substantial majority of our marketable equity investments 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
(In Millions)
 Mar 28, 2026 Mar 29, 2025
Unrealized gains (losses) on marketable equity investments, net
$
(156)
$
(292)
Unrealized gains (losses) on non-marketable equity investments, net1
102 
— 
Impairment charges on non-marketable equity investments
(62)
(105)
Unrealized gains (losses) on equity investments, net
(116)
(397)
Realized gains (losses) on sales of equity investments, net
44 
285 
Gains (losses) on equity investments, net
$
(72)
$
(112)
1 Unrealized gains (losses) on non-marketable investments includes observable price adjustments and our share of equity method investee gains (losses) and certain distributions.