Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.3.0.814
Fair Value (Tables)
9 Months Ended
Sep. 26, 2015
Fair Value Disclosures [Abstract]  
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: 
 
 
September 26, 2015
 
December 27, 2014
 
 
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
 
$

 
$
3,607

 
$

 
$
3,607

 
$

 
$
48

 
$

 
$
48

Financial institution instruments
 
100

 
1,756

 

 
1,856

 
321

 
1,119

 

 
1,440

Government debt
 
6

 
187

 

 
193

 

 

 

 

Reverse repurchase agreements
 

 
668

 

 
668

 

 
268

 

 
268

Short-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt
 
263

 
1,960

 
30

 
2,253

 
363

 
412

 
31

 
806

Financial institution instruments
 
105

 
2,341

 

 
2,446

 
149

 
1,050

 

 
1,199

Government debt
 
81

 
2,339

 

 
2,420

 
252

 
173

 

 
425

Trading assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
 

 
384

 
55

 
439

 

 
766

 
58

 
824

Corporate debt
 
1,626

 
569

 

 
2,195

 
2,625

 
339

 

 
2,964

Financial institution instruments
 
964

 
541

 

 
1,505

 
1,146

 
613

 

 
1,759

Government debt
 
974

 
1,546

 

 
2,520

 
1,295

 
2,221

 

 
3,516

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 

 
437

 
1

 
438

 

 
559

 
2

 
561

Loans receivable
 

 
140

 

 
140

 

 
505

 

 
505

Marketable equity securities
 
5,498

 
120

 

 
5,618

 
7,097

 

 

 
7,097

Other long-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
 

 
1

 
4

 
5

 

 
2

 
4

 
6

Corporate debt
 
339

 
941

 
3

 
1,283

 
453

 
728

 
13

 
1,194

Financial institution instruments
 
88

 
320

 

 
408

 
189

 
319

 

 
508

Government debt
 
84

 
49

 

 
133

 
75

 
240

 

 
315

Other long-term assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 

 
33

 
15

 
48

 

 
35

 
22

 
57

Loans receivable
 

 
350

 

 
350

 

 
216

 

 
216

Total assets measured and recorded at fair value
 
10,128

 
18,289

 
108

 
28,525

 
13,965

 
9,613

 
130

 
23,708

Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other accrued liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 

 
276

 
7

 
283

 

 
563

 

 
563

Other long-term liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 

 
17

 

 
17

 

 
17

 

 
17

Total liabilities measured and recorded at fair value
 
$

 
$
293

 
$
7

 
$
300

 
$

 
$
580

 
$

 
$
580

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:
 
 
September 26, 2015
(In Millions)
 
Carrying
Amount
 
Fair Value Measured Using
 
Fair Value
Level 1
 
Level 2
 
Level 3
 
Grants receivable
 
$
749

 
$

 
$
756

 
$

 
$
756

Loans receivable
 
$
310

 
$

 
$
310

 
$

 
$
310

Non-marketable cost method investments
 
$
3,003

 
$

 
$

 
$
3,938

 
$
3,938

Reverse repurchase agreements
 
$
2,650

 
$

 
$
2,650

 
$

 
$
2,650

Short-term debt
 
$
1,088

 
$

 
$
1,554

 
$

 
$
1,554

Long-term debt
 
$
20,059

 
$
13,192

 
$
7,508

 
$

 
$
20,700

NVIDIA Corporation cross-license agreement liability
 
$
198

 
$

 
$
200

 
$

 
$
200

 
 
December 27, 2014
(In Millions)
 
Carrying
Amount
 
Fair Value Measured Using
 
Fair Value
Level 1
 
Level 2
 
Level 3
 
Grants receivable
 
$
676

 
$

 
$
679

 
$

 
$
679

Loans receivable
 
$
250

 
$

 
$
250

 
$

 
$
250

Non-marketable cost method investments
 
$
1,769

 
$

 
$

 
$
2,599

 
$
2,599

Reverse repurchase agreements
 
$
450

 
$

 
$
450

 
$

 
$
450

Short-term debt
 
$
1,580

 
$

 
$
2,145

 
$

 
$
2,145

Long-term debt
 
$
12,059

 
$
11,467

 
$
1,309

 
$

 
$
12,776

NVIDIA Corporation cross-license agreement liability
 
$
395

 
$

 
$
399

 
$

 
$
399