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 at the end of each period were as follows:
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June 27, 2015 |
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December 27, 2014 |
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Fair Value Measured and Recorded at Reporting Date Using |
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Fair Value Measured and Recorded at Reporting Date Using |
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(In Millions) |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
Assets |
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Cash equivalents: |
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Corporate debt |
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$ |
7 |
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$ |
898 |
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$ |
— |
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$ |
905 |
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$ |
— |
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$ |
48 |
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$ |
— |
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$ |
48 |
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Financial institution instruments |
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93 |
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2,143 |
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— |
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2,236 |
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321 |
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1,119 |
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— |
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1,440 |
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Government debt |
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— |
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103 |
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— |
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103 |
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— |
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— |
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— |
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— |
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Reverse repurchase agreements |
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— |
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318 |
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— |
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318 |
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— |
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268 |
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— |
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268 |
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Short-term investments: |
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Corporate debt |
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342 |
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607 |
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27 |
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976 |
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363 |
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412 |
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31 |
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806 |
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Financial institution instruments |
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71 |
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1,054 |
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— |
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1,125 |
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149 |
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1,050 |
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— |
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1,199 |
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Government debt |
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162 |
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343 |
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— |
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505 |
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252 |
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173 |
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— |
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425 |
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Trading assets: |
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Asset-backed securities |
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— |
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533 |
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32 |
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565 |
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— |
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766 |
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58 |
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824 |
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Corporate debt |
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1,782 |
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615 |
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— |
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2,397 |
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2,625 |
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339 |
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— |
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2,964 |
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Financial institution instruments |
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855 |
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649 |
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— |
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1,504 |
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1,146 |
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613 |
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— |
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1,759 |
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Government debt |
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1,025 |
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1,319 |
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— |
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2,344 |
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1,295 |
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2,221 |
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— |
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3,516 |
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Other current assets: |
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Derivative assets |
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— |
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485 |
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1 |
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486 |
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— |
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559 |
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2 |
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561 |
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Loans receivable |
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— |
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28 |
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— |
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28 |
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— |
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505 |
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— |
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505 |
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Marketable equity securities |
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7,103 |
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105 |
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— |
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7,208 |
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7,097 |
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— |
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— |
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7,097 |
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Other long-term investments: |
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Asset-backed securities |
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— |
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1 |
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5 |
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6 |
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— |
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2 |
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4 |
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6 |
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Corporate debt |
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395 |
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676 |
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12 |
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1,083 |
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453 |
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728 |
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13 |
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1,194 |
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Financial institution instruments |
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254 |
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269 |
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— |
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523 |
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189 |
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319 |
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— |
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508 |
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Government debt |
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65 |
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50 |
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— |
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115 |
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75 |
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240 |
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— |
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315 |
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Other long-term assets: |
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Derivative assets |
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— |
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58 |
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16 |
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74 |
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— |
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35 |
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22 |
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57 |
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Loans receivable |
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— |
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464 |
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— |
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464 |
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— |
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216 |
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— |
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216 |
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Total assets measured and recorded at fair value |
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12,154 |
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10,718 |
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93 |
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22,965 |
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13,965 |
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9,613 |
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130 |
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23,708 |
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Liabilities |
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Other accrued liabilities: |
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Derivative liabilities |
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— |
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398 |
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6 |
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404 |
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— |
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563 |
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— |
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563 |
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Other long-term liabilities: |
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Derivative liabilities |
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— |
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21 |
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— |
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21 |
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— |
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17 |
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— |
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17 |
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Total liabilities measured and recorded at fair value |
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$ |
— |
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$ |
419 |
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$ |
6 |
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$ |
425 |
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$ |
— |
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$ |
580 |
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$ |
— |
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$ |
580 |
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Financial Instruments Not Recorded At Fair Value On Recurring Basis [Table Text Block] |
The carrying amounts and fair values of financial instruments not recorded at fair value on a recurring basis at the end of each period were as follows:
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June 27, 2015 |
(In Millions) |
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Carrying
Amount
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Fair Value Measured Using |
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Fair Value |
Level 1 |
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Level 2 |
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Level 3 |
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Grants receivable |
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$ |
765 |
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$ |
— |
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$ |
767 |
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$ |
— |
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$ |
767 |
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Loans receivable |
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$ |
250 |
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$ |
— |
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$ |
250 |
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$ |
— |
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$ |
250 |
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Non-marketable cost method investments |
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$ |
1,890 |
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$ |
— |
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$ |
— |
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$ |
2,993 |
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$ |
2,993 |
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Reverse repurchase agreements |
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$ |
450 |
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$ |
— |
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$ |
450 |
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$ |
— |
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$ |
450 |
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Short-term debt |
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$ |
1,095 |
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$ |
— |
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$ |
1,517 |
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$ |
— |
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$ |
1,517 |
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Long-term debt |
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$ |
12,116 |
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$ |
8,068 |
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$ |
4,275 |
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$ |
— |
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$ |
12,343 |
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NVIDIA Corporation cross-license agreement liability |
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$ |
197 |
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$ |
— |
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$ |
200 |
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$ |
— |
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$ |
200 |
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December 27, 2014 |
(In Millions) |
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Carrying
Amount
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Fair Value Measured Using |
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Fair Value |
Level 1 |
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Level 2 |
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Level 3 |
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Grants receivable |
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$ |
676 |
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$ |
— |
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$ |
679 |
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$ |
— |
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$ |
679 |
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Loans receivable |
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$ |
250 |
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$ |
— |
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$ |
250 |
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$ |
— |
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$ |
250 |
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Non-marketable cost method investments |
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$ |
1,769 |
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$ |
— |
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$ |
— |
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$ |
2,599 |
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$ |
2,599 |
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Reverse repurchase agreements |
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$ |
450 |
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$ |
— |
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$ |
450 |
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$ |
— |
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$ |
450 |
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Short-term debt |
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$ |
1,588 |
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$ |
— |
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$ |
2,145 |
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$ |
— |
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$ |
2,145 |
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Long-term debt |
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$ |
12,107 |
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$ |
11,467 |
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$ |
1,309 |
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$ |
— |
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$ |
12,776 |
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NVIDIA Corporation cross-license agreement liability |
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$ |
395 |
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$ |
— |
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$ |
399 |
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$ |
— |
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$ |
399 |
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