Annual report pursuant to Section 13 and 15(d)

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details)

v3.20.4
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 26, 2020
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
Deferred tax assets:        
Net operating loss carryovers $ 1,029 $ 1,357    
Accruals and reserves not currently deductible 514 257    
Deferred Tax Assets, Goodwill and Intangible Assets 0 50    
Federal and state tax credit carryovers 569 584    
Foreign research and development ITC credits 489 429    
Capitalized costs 174 232    
Lease liability 72 57    
Other 149 105    
Total deferred tax assets 2,996 3,071    
Less: valuation allowance (1,576) (2,867) $ (2,443) $ (2,621)
Total deferred tax assets, net of valuation allowance 1,420 204    
Deferred tax liabilities:        
Right-of-use assets (62) (49)    
Discount of convertible notes (2) (16)    
Undistributed foreign earnings (114) (111)    
Other (8) (17)    
Total deferred tax liabilities (186) (193)    
Net deferred tax assets $ 1,234 $ 11