Quarterly report pursuant to Section 13 or 15(d)

Supplemental Balance Sheet Information (Tables)

v3.22.2.2
Supplemental Balance Sheet Information (Tables)
9 Months Ended
Sep. 24, 2022
Balance Sheet Related Disclosures [Abstract]  
Inventories
Inventories
September 24,
2022
December 25,
2021
  (In millions)
Raw materials $ 207  $ 82 
Work in process 2,466  1,676 
Finished goods 696  197 
Total inventories $ 3,369  $ 1,955 
Property and Equipment, Net
Property and Equipment, net
September 24,
2022
December 25,
2021
  (In millions)
Land $ 120  $ — 
Building and leasehold improvements 596  206 
Equipment 1,990  1,534 
Construction in progress 176  96 
Property and equipment, gross 2,882  1,836 
Accumulated depreciation (1,396) (1,134)
Total property and equipment, net $ 1,486  $ 702 
Other Non-Current Assets
Other Non-Current Assets
September 24,
2022
December 25,
2021
(In millions)
Long-term prepaid supply agreements $ 1,020  $ 916 
Software and technology licenses, net 552  328 
Other 382  234 
Total other non-current assets $ 1,954  $ 1,478 
Accrued Liabilities
Accrued Liabilities
September 24,
2022
December 25,
2021
  (In millions)
Accrued marketing programs $ 900  $ 933 
Accrued compensation and benefits 749  705 
Customer program liabilities 1,134  314 
Other accrued and current liabilities 815  472 
Total accrued liabilities $ 3,598  $ 2,424 
Schedule of Other Current Assets
Prepaid Expenses and Other Current Assets September 24,
2022
December 25,
2021
(In millions)
Prepaid supply agreements $ 719  $ 74 
Other 401  238 
Total prepaid expenses and other current assets $ 1,120  $ 312 
Prepaid supply agreements relate to the short-term portion of payments made to vendors to secure long-term supply capacity.