Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

v3.10.0.1
Investments (Tables)
 6 Months Ended
Jun. 30, 2018
Investments and Cash [Abstract]  
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
 
 
June 30, 2018
 
December 30, 2017
(In Millions)
 
Adjusted Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Adjusted Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
Corporate debt
 
$
2,054

 
$
2

 
$
(27
)
 
$
2,029

 
$
2,294

 
$
4

 
$
(13
)
 
$
2,285

Financial institution instruments
 
3,433

 
4

 
(16
)
 
3,421

 
3,387

 
3

 
(9
)
 
3,381

Government debt
 
791

 
—

 
(13
)
 
778

 
961

 
—

 
(6
)
 
955

Total available-for-sale debt investments
 
$
6,278

 
$
6

 
$
(56
)
 
$
6,228

 
$
6,642

 
$
7

 
$
(28
)
 
$
6,621

Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of available-for-sale debt investments, by contractual maturity, as of June 30, 2018, was as follows:
(In Millions)
 
Fair Value
Due in 1 year or less
 
$
3,011

Due in 1–2 years
 
1,115

Due in 2–5 years
 
1,887

Due after 5 years
 
69

Instruments not due at a single maturity date
 
146

Total
 
$
6,228

Investment [Table Text Block]
(In Millions)
 
Jun 30,
2018
 
Dec 30,
2017
Marketable equity securities
 
$
4,432

 
$
4,192

Non-marketable equity securities
 
2,851

 
2,613

Equity method investments
 
1,962

 
1,774

Total
 
$
9,245


$
8,579

Gain (Loss) on Investments [Table Text Block]
 
 
Three Months Ended
 
Six Months Ended
(In Millions)
 
Jun 30,
2018
 
Jun 30,
2018
Net gains (losses) recognized during the period on equity securities
 
$
(133
)
 
$
592

Less: Net (gains) losses recognized during the period on equity securities sold during the period
 
(11
)
 
(49
)
Unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date
 
$
(144
)
 
$
543

 
 
Three Months Ended
 
Six Months Ended
(In Millions)
 
Jun 30,
2018
 
Jul 1,
2017
 
Jun 30,
2018
 
Jul 1,
2017
Initial mark to market adjustments on marketable equity securities1 2
 
$
46

 
$
—

 
$
46

 
$
—

Ongoing mark to market adjustments on marketable equity securities1 2
 
(235
)
 
—

 
371

 
—

Gains (losses) on sales2
 
1

 
802

 
11

 
1,076

Observable price adjustments on non-marketable equity securities2
 
24

 
—

 
148

 
—

Impairments
 
(26
)
 
(555
)
 
(43
)
 
(603
)
Share of equity method investee gains (losses)
 
(70
)
 
(8
)
 
(152
)
 
(19
)
Dividends
 
35

 
66

 
37

 
68

Other
 
22

 
37

 
22

 
72

Total gains (losses) on equity investments, net
 
$
(203
)
 
$
342

 
$
440

 
$
594