Quarterly report pursuant to Section 13 or 15(d)

Supplemental Balance Sheet Information (Tables)

v3.23.1
Supplemental Balance Sheet Information (Tables)
 3 Months Ended
Apr. 01, 2023
Balance Sheet Related Disclosures [Abstract]  
Inventories
Inventories
 April 1,
2023		 December 31,
2022
  (In millions)
Raw materials $ 241  $ 231 
Work in process 3,129  2,648 
Finished goods 865  892 
Total inventories $ 4,235  $ 3,771 
Schedule of Other Current Assets
Prepaid Expenses and Other Current Assets April 1,
2023		 December 31,
2022
(In millions)
Prepaid supply agreements $ 867  $ 673 
Other 575  592 
Total prepaid expenses and other current assets $ 1,442  $ 1,265 
Prepaid supply agreements relate to the short-term portion of payments made to vendors to secure long-term supply capacity.
Property and Equipment, Net
Property and Equipment, net
 April 1,
2023		 December 31,
2022
  (In millions)
Land $ 120  $ 120 
Building and leasehold improvements 653  594 
Equipment 2,173  2,163 
Construction in progress 147  143 
Property and equipment, gross 3,093  3,020 
Accumulated depreciation (1,593) (1,507)
Total property and equipment, net $ 1,500  $ 1,513 
Accrued Liabilities
Accrued Liabilities
April 1,
2023		 December 31,
2022
  (In millions)
Accrued marketing programs $ 672  $ 876 
Accrued compensation and benefits 708  701 
Customer program liabilities 1,006  859 
Other accrued and current liabilities 781  641 
Total accrued liabilities $ 3,167  $ 3,077