| Schedule of Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep 26, 2026 |
|
Dec 27, 2025 |
|
|
|
|
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 |
|
$ |
— |
|
|
$ |
2,950 |
|
|
$ |
— |
|
|
$ |
2,950 |
|
|
$ |
— |
|
|
$ |
150 |
|
|
$ |
— |
|
|
$ |
150 |
|
|
|
| Financial institution instruments¹ |
|
1,681 |
|
|
2,684 |
|
|
— |
|
|
4,365 |
|
|
7,292 |
|
|
1,800 |
|
|
— |
|
|
9,092 |
|
|
|
| Government debt² |
|
— |
|
|
49 |
|
|
— |
|
|
49 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
| Reverse repurchase agreements |
|
— |
|
|
13,967 |
|
|
— |
|
|
13,967 |
|
|
— |
|
|
4,262 |
|
|
— |
|
|
4,262 |
|
|
|
| Short-term investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate debt |
|
— |
|
|
8,601 |
|
|
— |
|
|
8,601 |
|
|
— |
|
|
7,248 |
|
|
— |
|
|
7,248 |
|
|
|
| Financial institution instruments¹ |
|
84 |
|
|
5,838 |
|
|
— |
|
|
5,922 |
|
|
183 |
|
|
3,991 |
|
|
— |
|
|
4,174 |
|
|
|
| Government debt² |
|
4,523 |
|
|
13,113 |
|
|
— |
|
|
17,636 |
|
|
5,296 |
|
|
6,433 |
|
|
— |
|
|
11,729 |
|
|
|
| Other current assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative assets |
|
231 |
|
|
683 |
|
|
— |
|
|
914 |
|
|
431 |
|
|
608 |
|
|
— |
|
|
1,039 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketable equity investments |
|
311 |
|
|
— |
|
|
— |
|
|
311 |
|
|
484 |
|
|
— |
|
|
— |
|
|
484 |
|
|
|
| Other long-term assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative assets |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
2 |
|
|
— |
|
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total assets measured and recorded at fair value |
|
$ |
6,830
|
|
|
$ |
47,885
|
|
|
$ |
—
|
|
|
$ |
54,715
|
|
|
$ |
13,686
|
|
|
$ |
24,494
|
|
|
$ |
—
|
|
|
$ |
38,180
|
|
|
|
| Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other accrued liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities³ |
|
$ |
13 |
|
|
$ |
8,934 |
|
|
$ |
172 |
|
|
$ |
9,119 |
|
|
$ |
6 |
|
|
$ |
1,524 |
|
|
$ |
304 |
|
|
$ |
1,834 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other long-term liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities³ |
|
— |
|
|
5,576 |
|
|
— |
|
|
5,576 |
|
|
— |
|
|
1,714 |
|
|
576 |
|
|
2,290 |
|
|
|
| Total liabilities measured and recorded at fair value |
|
$ |
13
|
|
|
$ |
14,510
|
|
|
$ |
172
|
|
|
$ |
14,695
|
|
|
$ |
6
|
|
|
$ |
3,238
|
|
|
$ |
880
|
|
|
$ |
4,124
|
|
|
|
1Level 1 investments consist of money market funds. Level 2 investments consist primarily of time deposits, notes, and bonds issued by financial institutions.
2Level 1 investments consist primarily of U.S. Treasury securities. Level 2 investments consist primarily of non-U.S. government debt.
3Level 1 derivative liabilities consist of equity contracts for our deferred compensation program. Level 2 derivative liabilities include a forward contract related to Escrowed Shares. Level 3 derivative liabilities as of December 27, 2025 include liquidated damages provisions related to our Ireland SCIP arrangement and the associated derivative liability, which were terminated in the second quarter of 2026.
|