Annual report pursuant to Section 13 and 15(d)

Supplemental Balance Sheet Information (Tables)

v3.22.0.1
Supplemental Balance Sheet Information (Tables)
12 Months Ended
Dec. 25, 2021
Balance Sheet Related Disclosures [Abstract]  
Inventories, net
Inventories
December 25,
2021
December 26,
2020
  (In millions)
Raw materials $ 82  $ 93 
Work in process 1,676  1,139 
Finished goods 197  167 
Total inventories $ 1,955  $ 1,399 
Property and Equipment, net
Property and Equipment, net
December 25,
2021
December 26,
2020
  (In millions)
Leasehold improvements $ 206  $ 208 
Equipment 1,534  1,209 
Construction in progress 96  136 
Property and equipment, gross 1,836  1,553 
Accumulated depreciation (1,134) (912)
Total property and equipment, net $ 702  $ 641 
Other Non-current Assets
Other Non-current Assets
December 25,
2021
December 26,
2020
  (In millions)
Prepaid long-term supply agreements $ 916  $ — 
Software and technology licenses, net 328  229 
Other 234  144 
Total other non-current assets $ 1,478  $ 373 
Prepaid long-term supply agreements relate to payments made to vendors to secure long-term supply capacity.
Accrued Liabilities
Accrued Liabilities
December 25,
2021
December 26,
2020
  (In millions)
Accrued marketing programs $ 933  $ 839 
Accrued compensation and benefits 705  513 
Other accrued and current liabilities 786  444 
Total accrued liabilities $ 2,424  $ 1,796 
Investment
Short-term Investments
December 25,
2021
December 26,
2020
  (In millions)
Commercial paper $ 880  $ 295 
Time deposits 193  400 
Total short-term investments $ 1,073  $ 695