Quarterly report [Sections 13 or 15(d)]

Consolidated Condensed Statements of Stockholders' Equity

v3.26.1
Consolidated Condensed Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Opening Balance Adjustment
 [1]
Common Stock and Capital in Excess of Par Value
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Opening Balance Adjustment
 [1]
Noncontrolling Interest
Number of shares, beginning balance (in shares) at Dec. 28, 2024     4,330        
Stockholders' equity, beginning balance at Dec. 28, 2024 $ 105,032 $ 49 $ 50,949 $ (711) $ 49,032 $ 49 $ 5,762
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (3,911)       (3,739)   (172)
Other comprehensive income (loss) 776     776      
Partner contributions and issuance of subsidiary shares 2,238   $ (2)       2,240
Partner distributions declared (91)           (91)
Employee equity incentive plans and other (in shares)     56        
Employee equity incentive plans and other 491   $ 491        
Share-based compensation 1,348   $ 1,219       129
Restricted stock unit withholdings (in shares)     (9)        
Restricted stock unit withholdings (181)   $ (323)   142    
Number of shares, ending balance (in shares) at Jun. 28, 2025     4,377        
Stockholders' equity, ending balance at Jun. 28, 2025 105,751   $ 52,334 65 45,484   7,868
Number of shares, beginning balance (in shares) at Mar. 29, 2025     4,362        
Stockholders' equity, beginning balance at Mar. 29, 2025 106,413   $ 51,920 (486) 48,322   6,657
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (3,024)       (2,918)   (106)
Other comprehensive income (loss) 551     551      
Partner contributions and issuance of subsidiary shares 1,283           1,283
Partner distributions declared (33)           (33)
Employee equity incentive plans and other (in shares)     20        
Share-based compensation 664   $ 597       67
Restricted stock unit withholdings (in shares)     (5)        
Restricted stock unit withholdings (103)   $ (183)   80    
Number of shares, ending balance (in shares) at Jun. 28, 2025     4,377        
Stockholders' equity, ending balance at Jun. 28, 2025 $ 105,751   $ 52,334 65 45,484   7,868
Number of shares, beginning balance (in shares) at Dec. 27, 2025 4,994   4,994        
Stockholders' equity, beginning balance at Dec. 27, 2025 $ 126,360   $ 65,185 113 48,983   12,079
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (15,129)       (14,761)   (368)
Other comprehensive income (loss) (193)     (193)      
Net proceeds attributed to Escrowed Shares issued (in shares)     13        
Net proceeds attributed to Escrowed Shares issued 949   $ 949        
Partner contributions and issuance of subsidiary shares 4,109           4,109
Partner distributions declared and repurchase of subsidiary shares (13,935)   $ (13,545)       (390)
Partner distributions declared (224)            
Employee equity incentive plans and other (in shares)     45        
Employee equity incentive plans and other 427   $ 427        
Share-based compensation 1,172   $ 1,001       171
Restricted stock unit withholdings (in shares)     (9)        
Restricted stock unit withholdings $ (617)   $ (237)   (380)    
Number of shares, ending balance (in shares) at Jun. 27, 2026 5,043   5,043        
Stockholders' equity, ending balance at Jun. 27, 2026 $ 103,143   $ 53,780 (80) 33,842   15,601
Number of shares, beginning balance (in shares) at Mar. 28, 2026     5,023        
Stockholders' equity, beginning balance at Mar. 28, 2026 124,989   $ 66,259 (44) 45,179   13,595
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (10,848)       (11,033)   185
Other comprehensive income (loss) (36)     (36)      
Net proceeds attributed to Escrowed Shares issued (in shares)     7        
Net proceeds attributed to Escrowed Shares issued 688   $ 688        
Partner contributions and issuance of subsidiary shares 2,019           2,019
Partner distributions declared and repurchase of subsidiary shares (13,830)   $ (13,545)       (285)
Employee equity incentive plans and other (in shares)     17        
Share-based compensation 557   $ 470       87
Restricted stock unit withholdings (in shares)     (4)        
Restricted stock unit withholdings $ (396)   $ (92)   (304)    
Number of shares, ending balance (in shares) at Jun. 27, 2026 5,043   5,043        
Stockholders' equity, ending balance at Jun. 27, 2026 $ 103,143   $ 53,780 $ (80) $ 33,842   $ 15,601
[1] We made a cumulative-effect adjustment to the opening balance of retained earnings upon adopting ASU 2023-08 in 2025.