Quarterly report [Sections 13 or 15(d)]

Investments (Tables)

v3.25.1
Investments (Tables)
3 Months Ended
Mar. 29, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of marketable debt investments, by contractual maturity, as of March 29, 2025, was as follows:
(In Millions) Fair Value
Due in 1 year or less
$ 4,146 
Due in 1–2 years
3,056 
Due in 2–5 years
6,063 
Due after 5 years
225 
Instruments not due at a single maturity date1
3,848 
Total $ 17,338 
1 "Instruments not due at a single maturity date" is comprised of money market fund deposits, which are classified as either short-term investments or cash and cash equivalents.
Investment [Table Text Block]
(In Millions) Mar 29, 2025 Dec 28, 2024
Marketable equity investments1
$ 541  $ 848 
Non-marketable equity investments
4,486  4,535 
Total $ 5,027  $ 5,383 
1    Most of our marketable equity investments are subject to trading-volume or market-based restrictions, which limit the number of shares we may sell in a specified period of time, impacting our ability to liquidate these investments. Certain of the trading volume restrictions generally apply for as long as we own more than 1% of the outstanding shares. Market-based restrictions result from the rules of the respective exchange.
Gain (Loss) on Securities [Table Text Block]
The components of gains (losses) on equity investments, net for each period were as follows:
  Three Months Ended
(In Millions)
Mar 29, 2025 Mar 30, 2024
Unrealized gains (losses) on marketable equity investments $ (292) $ 253 
Unrealized gains (losses) on non-marketable equity investments1
—  24 
Impairment charges (105) (69)
Unrealized gains (losses) on equity investments, net (397) 208 
Realized gains (losses) on sales of equity investments, net 285  (3)
Gains (losses) on equity investments, net $ (112) $ 205 
1 Unrealized gains (losses) on non-marketable investments includes observable price adjustments and our share of equity method investee gains (losses) and certain distributions