Quarterly report pursuant to Section 13 or 15(d)

Supplemental Balance Sheet Information (Tables)

v3.21.2
Supplemental Balance Sheet Information (Tables)
9 Months Ended
Sep. 25, 2021
Balance Sheet Related Disclosures [Abstract]  
Short-term Investments
September 25,
2021
December 26,
2020
  (In millions)
Commercial paper $ 974  $ 295 
Time deposits 194  400 
Total short-term investments $ 1,168  $ 695 
Inventories Inventories
September 25,
2021
December 26,
2020
  (In millions)
Raw materials $ 85  $ 93 
Work in process 1,738  1,139 
Finished goods 79  167 
Total inventories $ 1,902  $ 1,399 
Property and Equipment, Net
Property and Equipment, net
September 25,
2021
December 26,
2020
  (In millions)
Leasehold improvements $ 187  $ 208 
Equipment 1,410  1,209 
Construction in progress 172  136 
Property and equipment, gross 1,769  1,553 
Accumulated depreciation (1,052) (912)
Total property and equipment, net $ 717  $ 641 
Other Non-Current Assets
Other Non-Current Assets
September 25,
2021
December 26,
2020
(In millions)
Software technology and licenses, net $ 203  $ 229 
Prepaid long-term supply agreements 355  — 
Other 212  144 
Total other non-current assets $ 770  $ 373 
Prepaid long-term supply agreements relate to payments made to vendors to secure long-term supply capacity.
Accrued Liabilities
Accrued Liabilities
September 25,
2021
December 26,
2020
  (In millions)
Accrued marketing programs and advertising expenses $ 907  $ 839 
Accrued compensation and benefits 567  513 
Other accrued and current liabilities 574  444 
Total accrued liabilities $ 2,048  $ 1,796