Annual report pursuant to Section 13 and 15(d)

Commitments and Guarantees (Tables)

v3.25.0.1
Commitments and Guarantees (Tables)
12 Months Ended
Dec. 28, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Leases, Supplemental Cash Flows Supplemental information related to leases is as follows:
December 28, 2024
Weighted-average remaining lease term in years – operating leases 7.28
Weighted-average discount rate – operating leases 4.63  %
Operating Lease, Liability, Maturity
Future minimum lease payments under non-cancellable operating lease liabilities as of December 28, 2024 are as follows:
Year (In millions)
2025 $ 134 
2026 135 
2027 94 
2028 66 
2029 60 
2030 and thereafter 235 
        Total minimum lease payments 724 
Less: interest (124)
        Present value of net minimum lease payments 600 
Less: current portion (109)
        Total long-term operating lease liabilities $ 491 
Schedule of Future Unconditional Purchase Obligations
Total future unconditional purchase commitments as of December 28, 2024 were as follows:
 Year (In millions)
2025 $ 4,501 
2026 274 
2027 46 
2028 46 
2029 45 
2030 and thereafter 56 
 Total unconditional purchase commitments $ 4,968 
On an ongoing basis, the Company works with suppliers on the timing of payments and deliveries of purchase commitments, taking into account business conditions.
Schedule of Product Warranty Liability
Changes in the Company’s estimated liability for product warranty during 2024 and 2023 are as follows:
December 28,
2024
December 30,
2023
  (In millions)
Beginning balance $ 85  $ 65 
Provisions during the period 213  126 
Settlements during the period (110) (106)
Ending balance $ 188  $ 85