Annual report pursuant to Section 13 and 15(d)

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

v3.22.0.1
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 25, 2021
Dec. 26, 2020
Dec. 28, 2019
Dec. 29, 2018
Deferred tax assets:        
Net operating loss carryovers $ 920 $ 1,029    
Accruals and reserves not currently deductible 631 514    
Deferred Tax Assets, Goodwill and Intangible Assets 164 122    
Federal and state tax credit carryovers 319 569    
Foreign research and development ITC credits 547 489    
Capitalized costs 121 174    
Lease liability 124 72    
Other 27 29    
Total deferred tax assets 2,853 2,998    
Less: valuation allowance (1,735) (1,576) $ (2,867) $ (2,443)
Total deferred tax assets, net of valuation allowance 1,118 1,422    
Deferred tax liabilities:        
Right-of-use assets (110) (62)    
Acquired intangibles and goodwill (50) (1)    
Discount of convertible notes 0 (2)    
Undistributed foreign earnings (24) (114)    
Other (15) (9)    
Total deferred tax liabilities (199) (188)    
Net deferred tax assets $ 919 $ 1,234