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Financial Instruments (Tables)
 3 Months Ended
Apr. 01, 2023
Investments, Debt and Equity Securities [Abstract]  
Fair Value, Assets Measured on Recurring Basis
Financial Instruments Recorded at Fair Value on a Recurring Basis
April 1, 2023December 31, 2022
(In millions)Level 1Level 2TotalLevel 1Level 2Total
Cash equivalents
Money market funds$2,624 $— $2,624 $3,017 $— $3,017 
Commercial paper— 149 149 — 224 224 
U.S. Treasury and agency securities248 — 248 — — — 
Time deposits and certificate of deposits— 65 65 — 159 159 
Short-term investments
Commercial paper— 814 814 — 441 441 
Asset-backed and mortgage-backed securities— 38 38 — 39 39 
U.S. Treasury and agency securities868 — 868 466 — 466 
Foreign government securities— 394 394 — 74 74 
Other non-current assets
Time deposits and certificates of deposits— 10 10 — 9 9 
Equity investments 8 — 8 8 — 8 
Deferred compensation plan investments98 — 98 90 — 90 
Total assets measured at fair value$3,846 $1,470 $5,316 $3,581 $946 $4,527 
Summary of Investment Holdings, Schedule of Investments The following is a summary of cash equivalents and short-term investments:
April 1, 2023December 31, 2022
Cost/ Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair
Value		Cost/ Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair
Value
(in millions)(in millions)
Asset-backed and mortgage-backed securities$41 $— $(3)$38 $42 $— $(3)$39 
Commercial paper967 — (4)963 669 — (4)665 
Money market funds2,624 — — 2,624 3,017 — — 3,017 
Time deposits and certificates of deposits65 — — 65 159 — — 159 
U.S. Treasury and agency securities1,122 — (6)1,116 471 — (5)466 
Foreign government securities395 — (1)394 74 — — 74 
$5,214 $— $(14)$5,200 $4,432 $— $(12)$4,420 
Investments Classified by Contractual Maturity Date
The contractual maturities of investments classified as available-for-sale are as follows:
April 1, 2023December 31, 2022
Amortized CostFair ValueAmortized CostFair Value
(In millions)(In millions)
Due within 1 year$2,474 $2,464 $1,224 $1,218 
Due in 1 year through 5 years87 85 159 156 
Due in 5 years and later39 37 41 38 
$2,600 $2,586 $1,424 $1,412 
Financial Instruments Not Recorded at Fair Value
The Company carries its financial instruments at fair value except for its debt. The carrying amounts and estimated fair values of the Company’s debt are as follows:
 April 1, 2023December 31, 2022
 Carrying
Amount		Estimated
Fair Value		Carrying
Amount		Estimated
Fair Value
 (In millions)(In millions)
Long-term debt$2,467 $2,345 $2,467 $2,281