Quarterly report pursuant to Section 13 or 15(d)

Other Long-Term Assets

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Other Long-Term Assets
 3 Months Ended
Apr. 02, 2016
Other Assets, Noncurrent Disclosure [Abstract]  
Other Long-Term Assets [Text Block]
Note 11: Other Long-Term Assets
Other long-term assets at the end of each period were as follows:
(In Millions)
 
Apr 2,
2016
 
Dec 26,
2015
Equity method investments
 
$
1,593

 
$
1,590

Non-marketable cost method investments
 
2,933

 
2,933

Non-current deferred tax assets
 
682

 
1,052

Pre-payments for property, plant and equipment
 
487

 
623

Loans receivable
 
755

 
642

Grants receivable
 
323

 
318

Reverse repurchase agreements
 
250

 
350

Other
 
847

 
657

Total other long-term assets
 
$
7,870

 
$
8,165


During the first three months of 2016, we received and transferred $132 million of equipment from pre-payments for property, plant and equipment to property, plant and equipment. Substantially all of the equipment was prepaid in 2013 and 2014. We recognized the pre-payments within operating activities in the consolidated condensed statement of cash flows when we paid for the equipment, and the receipt of the equipment is reflected as a non-cash transaction in the current period.