Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v2.4.0.6
Fair Value (Tables)
 9 Months Ended
Sep. 29, 2012
Fair Value (Tables) [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 consisted of the following types of instruments as of September 29, 2012 and December 31, 2011:

      September 29, 2012   December 31, 2011
      Fair Value Measured and         Fair Value Measured and      
    Recorded at Reporting Date Using       Recorded at Reporting Date Using      
(In Millions) Level 1   Level 2   Level 3   Total   Level 1   Level 2   Level 3   Total
Assets                                              
Cash equivalents:                                              
  Bank deposits $ —   $ 637   $ —   $ 637   $ —   $ 795   $ —   $ 795
  Commercial paper   —     1,449     —     1,449     —     2,408     —     2,408
  Government bonds   —     50     —     50     650     —     —     650
  Money market fund deposits   434     —     —     434     546     —     —     546
Short-term investments:                                              
  Bank deposits   —     438     —     438     —     196     —     196
  Commercial paper   —     1,216     —     1,216     —     1,409     —     1,409
  Corporate bonds   35     273     29     337     120     428     28     576
  Government bonds   352     140     —     492     2,690     310     —     3,000
Trading assets:                                              
  Asset-backed securities   —     —     81     81     —     —     115     115
  Bank deposits   —     183     —     183     —     135     —     135
  Corporate bonds   533     509     —     1,042     202     486     —     688
  Commercial paper   —     174     —     174     —     305     —     305
  Government bonds   1,439     1,257     —     2,696     1,698     1,317     —     3,015
  Money market fund deposits   53     —     —     53     49     —     —     49
  Municipal bonds   —     233     —     233     —     284     —     284
Other current assets:                                              
  Derivative assets   —     164     4     168     —     159     7     166
  Loans receivable   —     200     —     200     —     33     —     33
Marketable equity securities   3,920     4     —     3,924     522     40     —     562
Other long-term investments:                                              
  Asset-backed securities   —     —     13     13     —     —     36     36
  Bank deposits   —     56     —     56     —     55     —     55
  Corporate bonds   58     141     40     239     —     282     39     321
  Government bonds   59     102     —     161     177     300     —     477
Other long-term assets:                                              
  Derivative assets   —     27     25     52     —     34     29     63
  Loans receivable   —     569     —     569     —     715     —     715
Total assets measured and                                              
  recorded at fair value $ 6,883   $ 7,822   $ 192   $ 14,897   $ 6,654   $ 9,691   $ 254   $ 16,599
                                                   
Liabilities                                              
Other accrued liabilities:                                              
  Derivative liabilities $ —   $ 211   $ 2   $ 213   $ —   $ 280   $ 8   $ 288
Long-term debt   —     —     128     128     —     —     131     131
Other long-term liabilities:                                              
  Derivative liabilities   —     15     —     15     —     27     —     27
Total liabilities measured and                                              
  recorded at fair value $ —   $ 226   $ 130   $ 356   $ —   $ 307   $ 139   $ 446
Financial Instruments Not Recorded At Fair Value On Recurring Basis [Table Text Block]

We measure the fair value of our non-marketable cost method investments, indebtedness carried at amortized cost, and cost method loans receivable quarterly; however, the assets are recorded at fair value only when an impairment charge is recognized. The carrying amounts and fair values of certain financial instruments not recorded at fair value on a recurring basis as of September 29, 2012 and December 31, 2011 were as follows:

  September 29, 2012
  Carrying   Fair Value Measured Using   Fair
(In Millions) Amount   Level 1   Level 2   Level 3   Value
Non-marketable cost method investments $ 1,128   $ —   $ —   $ 1,697   $ 1,697
Loans receivable $ 207   $ —   $ 150   $ 56   $ 206
Long-term debt $ 6,972   $ 5,500   $ 2,942   $ —   $ 8,442
NVIDIA Corporation cross-license agreement liability $ 870   $ —   $ 889   $ —   $ 889
                             
  December 31, 2011
  Carrying   Fair Value Measured Using   Fair
(In Millions) Amount   Level 1   Level 2   Level 3   Value
Non-marketable cost method investments $ 1,129   $ —   $ —   $ 1,861   $ 1,861
Loans receivable $ 132   $ —   $ 132   $ —   $ 132
Long-term debt $ 6,953   $ 5,287   $ 2,448   $ —   $ 7,735
Short-term debt $ 200   $ —   $ 200   $ —   $ 200
NVIDIA Corporation cross-license agreement liability $ 1,156   $ —   $ 1,174   $ —   $ 1,174