Annual report pursuant to Section 13 and 15(d)

Fair Value (Tables)

v3.3.1.900
Fair Value (Tables)
12 Months Ended
Dec. 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:
 
 
December 26, 2015
 
December 27, 2014
 
 
Fair Value Measured and
Recorded at Reporting Date Using
 
Total
 
Fair Value Measured and
Recorded at Reporting Date Using
 
Total
(In Millions)
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt
 
$

 
$
1,829

 
$

 
$
1,829

 
$

 
$
48

 
$

 
$
48

Financial institution instruments
 
8,238

 
1,277

 

 
9,515

 
321

 
1,119

 

 
1,440

Government debt
 

 
130

 

 
130

 

 

 

 

Reverse repurchase agreements
 

 
2,368

 

 
2,368

 

 
268

 

 
268

Short-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt
 
336

 
764

 
20

 
1,120

 
363

 
412

 
31

 
806

Financial institution instruments
 
145

 
927

 

 
1,072

 
149

 
1,050

 

 
1,199

Government debt
 
65

 
425

 

 
490

 
252

 
173

 

 
425

Trading assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
 

 
275

 
94

 
369

 

 
766

 
58

 
824

Corporate debt
 
1,744

 
564

 

 
2,308

 
2,625

 
339

 

 
2,964

Financial institution instruments
 
930

 
701

 

 
1,631

 
1,146

 
613

 

 
1,759

Government debt
 
1,107

 
1,908

 

 
3,015

 
1,295

 
2,221

 

 
3,516

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 
32

 
412

 
1

 
445

 

 
559

 
2

 
561

Loans receivable
 

 
137

 

 
137

 

 
505

 

 
505

Marketable equity securities
 
5,891

 
69

 

 
5,960

 
7,097

 

 

 
7,097

Other long-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
 

 

 
4

 
4

 

 
2

 
4

 
6

Corporate debt
 
407

 
801

 

 
1,208

 
453

 
728

 
13

 
1,194

Financial institution instruments
 
171

 
381

 

 
552

 
189

 
319

 

 
508

Government debt
 
79

 
48

 

 
127

 
75

 
240

 

 
315

Other long-term assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 

 
30

 
10

 
40

 

 
35

 
22

 
57

Loans receivable
 

 
342

 

 
342

 

 
216

 

 
216

Total assets measured and recorded at fair value
 
19,145

 
13,388

 
129

 
32,662

 
13,965

 
9,613

 
130

 
23,708

Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other accrued liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 
2

 
210

 

 
212

 

 
563

 

 
563

Other long-term liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 

 
33

 

 
33

 

 
17

 

 
17

Total liabilities measured and recorded at fair value
 
$
2

 
$
243

 
$

 
$
245

 
$

 
$
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:
 
 
December 26, 2015
 
 
Carrying
Amount
 
Fair Value Measured Using
 
Fair Value
(In Millions)
 
Level 1
 
Level 2
 
Level 3
 
Grants receivable
 
$
593

 
$

 
$
600

 
$

 
$
600

Loans receivable
 
$
315

 
$

 
$
315

 
$

 
$
315

Non-marketable cost method investments
 
$
2,933

 
$

 
$

 
$
3,904

 
$
3,904

Reverse repurchase agreements
 
$
1,000

 
$

 
$
1,000

 
$

 
$
1,000

Short-term debt
 
$
2,593

 
$
1,513

 
$
1,563

 
$

 
$
3,076

Long-term debt
 
$
20,036

 
$
14,058

 
$
6,835

 
$

 
$
20,893

NVIDIA Corporation cross-license agreement liability
 
$
199

 
$

 
$
200

 
$

 
$
200

 
 
December 27, 2014
 
 
Carrying
Amount
 
Fair Value Measured Using
 
Fair Value
(In Millions)
 
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