Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss)

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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 25, 2021
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
Unrealized holding gains or losses on the Company’s available-for-sale debt securities and unrealized holding gains and losses on derivative financial instruments qualifying as cash flow hedges are included in other comprehensive income (loss).
The table below summarizes the changes in accumulated other comprehensive income (loss):
December 25, 2021 December 26, 2020 December 28, 2019
Gains (losses) on cash flow hedges: (In millions)
Beginning balance $ 17  $ —  $ (8)
Net unrealized gains (losses) arising during the period 18 
Net losses (gains) reclassified into income during the period (25) (1)
Total other comprehensive income (loss) (20) 17 
Ending balance $ (3) $ 17  $ —