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Supplemental Financial Statement Information
 3 Months Ended
Mar. 29, 2025
Balance Sheet Related Disclosures [Abstract]  
Supplemental Balance Sheet Information Supplemental Financial Statement Information
Inventories
March 29,
2025		December 28,
2024
 (In millions)
Raw materials$560 $351 
Work in process4,498 4,289 
Finished goods1,358 1,094 
Total inventories$6,416 $5,734 
Prepaid Expenses and Other Current Assets
March 29,
2025		December 28,
2024
(In millions)
Unbilled receivables
$843 $628 
Other
1,583 1,363 
Total prepaid expenses and other current assets
$2,426 $1,991 
Property and Equipment, net
March 29,
2025		December 28,
2024
 (In millions)
Land, building and leasehold improvements$881 $853 
Equipment2,864 2,798 
Construction in progress445 324 
Property and equipment, gross4,190 3,975 
Accumulated depreciation(2,269)(2,173)
Total property and equipment, net$1,921 $1,802 
Accrued Liabilities
March 29,
2025		December 28,
2024
 (In millions)
Customer-related liabilities$1,282 $1,349 
Accrued marketing programs1,000 1,063 
Accrued compensation and benefits872 1,174 
Other accrued expenses and liabilities
722 674 
Total accrued liabilities
$3,876 $4,260 
Revenue
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied include amounts received from customers and amounts that will be invoiced and recognized as revenue in future periods for development services, IP licensing and product revenue. As of March 29, 2025, the aggregate transaction price allocated to remaining performance obligations under contracts with an original expected duration of more than one year was $74 million, of which $56 million is expected to be recognized in the next 12 months. The revenue allocated to remaining performance obligations does not include amounts which have an original expected duration of one year or less.
Revenue recognized over time associated with custom products and development services accounted for approximately 9% and 16% of the Company’s revenue for the three months ended March 29, 2025 and March 30, 2024, respectively.