Quarterly report pursuant to Section 13 or 15(d)

Supplemental Balance Sheet Information (Tables)

v3.22.2
Supplemental Balance Sheet Information (Tables)
 6 Months Ended
Jun. 25, 2022
Balance Sheet Related Disclosures [Abstract]  
Inventories
Inventories
 June 25,
2022		 December 25,
2021
  (In millions)
Raw materials $ 160  $ 82 
Work in process 2,171  1,676 
Finished goods 317  197 
Total inventories $ 2,648  $ 1,955 
Property and Equipment, Net
Property and Equipment, net
 June 25,
2022		 December 25,
2021
  (In millions)
Land $ 120  $ — 
Building and leasehold improvements 581  206 
Equipment 1,892  1,534 
Construction in progress 159  96 
Property and equipment, gross 2,752  1,836 
Accumulated depreciation (1,311) (1,134)
Total property and equipment, net $ 1,441  $ 702 
Other Non-Current Assets
Other Non-Current Assets
 June 25,
2022		 December 25,
2021
(In millions)
Long-term prepaid supply agreements $ 769  $ 916 
Software and technology licenses, net 505  328 
Other 383  234 
Total other non-current assets $ 1,657  $ 1,478 
Accrued Liabilities
Accrued Liabilities
June 25,
2022		 December 25,
2021
  (In millions)
Accrued marketing programs $ 1,021  $ 933 
Accrued compensation and benefits 741  705 
Other accrued and current liabilities 1,312  786 
Total accrued liabilities $ 3,074  $ 2,424 
Schedule of Other Current Assets
Prepaid Expenses and Other Current Assets June 25,
2022		 December 25,
2021
(In millions)
Prepaid supply agreements $ 400  $ 74 
Other 369  238 
Total prepaid expenses and other current assets $ 769  $ 312 
Prepaid supply agreements relate to the short-term portion of payments made to vendors to secure long-term supply capacity.