Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v2.4.1.9
Fair Value (Tables)
3 Months Ended
Mar. 28, 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: 
 
 
March 28, 2015
 
December 27, 2014
 
 
Fair Value Measured and Recorded at Reporting Date Using
 
 
 
Fair Value Measured and Recorded at Reporting Date Using
 
 
(In Millions)
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt
 
$

 
$
742

 
$

 
$
742

 
$

 
$
48

 
$

 
$
48

Financial institution instruments
 
226

 
2,172

 

 
2,398

 
321

 
1,119

 

 
1,440

Government debt
 

 
50

 

 
50

 

 

 

 

Reverse repurchase agreements
 

 
238

 

 
238

 

 
268

 

 
268

Short-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt
 
262

 
509

 
32

 
803

 
363

 
412

 
31

 
806

Financial institution instruments
 
100

 
502

 

 
602

 
149

 
1,050

 

 
1,199

Government debt
 
108

 
351

 

 
459

 
252

 
173

 

 
425

Trading assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
 

 
668

 
40

 
708

 

 
766

 
58

 
824

Corporate debt
 
1,922

 
576

 

 
2,498

 
2,625

 
339

 

 
2,964

Financial institution instruments
 
950

 
615

 

 
1,565

 
1,146

 
613

 

 
1,759

Government debt
 
1,077

 
2,162

 

 
3,239

 
1,295

 
2,221

 

 
3,516

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 

 
776

 
2

 
778

 

 
559

 
2

 
561

Loans receivable
 

 
332

 

 
332

 

 
505

 

 
505

Marketable equity securities
 
6,487

 

 
62

 
6,549

 
7,097

 

 

 
7,097

Other long-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
 

 
2

 
4

 
6

 

 
2

 
4

 
6

Corporate debt
 
542

 
519

 
13

 
1,074

 
453

 
728

 
13

 
1,194

Financial institution instruments
 
197

 
255

 

 
452

 
189

 
319

 

 
508

Government debt
 
68

 
75

 

 
143

 
75

 
240

 

 
315

Other long-term assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 

 
68

 
16

 
84

 

 
35

 
22

 
57

Loans receivable
 

 
316

 

 
316

 

 
216

 

 
216

Total assets measured and recorded at fair value
 
11,939

 
10,928

 
169

 
23,036

 
13,965

 
9,613

 
130

 
23,708

Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other accrued liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 

 
596

 
2

 
598

 

 
563

 

 
563

Other long-term liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 

 
13

 

 
13

 

 
17

 

 
17

Total liabilities measured and recorded at fair value
 
$

 
$
609

 
$
2

 
$
611

 
$

 
$
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:
 
 
March 28, 2015
(In Millions)
 
Carrying
Amount
 
Fair Value Measured Using
 
Fair Value
Level 1
 
Level 2
 
Level 3
 
Grants receivable
 
$
660

 
$

 
$
662

 
$

 
$
662

Loans receivable
 
$
250

 
$

 
$
250

 
$

 
$
250

Non-marketable cost method investments
 
$
1,800

 
$

 
$

 
$
2,690

 
$
2,690

Reverse repurchase agreements
 
$
450

 
$

 
$
450

 
$

 
$
450

Short-term debt
 
$
1,092

 
$

 
$
1,734

 
$

 
$
1,734

Long-term debt
 
$
12,112

 
$
10,825

 
$
2,138

 
$

 
$
12,963

NVIDIA Corporation cross-license agreement liability
 
$
196

 
$

 
$
199

 
$

 
$
199

 
 
December 27, 2014
(In Millions)
 
Carrying
Amount
 
Fair Value Measured Using
 
Fair Value
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
 
$
1,588

 
$

 
$
2,145

 
$

 
$
2,145

Long-term debt
 
$
12,107

 
$
11,467

 
$
1,309

 
$

 
$
12,776

NVIDIA Corporation cross-license agreement liability
 
$
395

 
$

 
$
399

 
$

 
$
399