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Financial Instruments (Tables)
 3 Months Ended
Mar. 29, 2025
Investments, Debt and Equity Securities [Abstract]  
Fair Value, Assets Measured on Recurring Basis
Financial Instruments Recorded at Fair Value on a Recurring Basis
March 29, 2025December 28, 2024
(In millions)Level 1Level 2
Level 3
TotalLevel 1Level 2Level 3Total
Cash equivalents
Money market funds$3,387 $— $— $3,387 $1,496 $— $— $1,496 
Corporate debt securities— 1,150 — 1,150 — 806 — 806 
U.S. government and agency securities452 — — 452 130 — — 130 
Non-U.S. government and agency securities— 85 — 85 — 116 — 116 
Time deposits and certificates of deposits— 91 — 91 — 107 — 107 
Short-term investments
Corporate debt securities— 778 — 778 — 814 — 814 
Time deposits and certificates of deposits— 10 — 10 — 10 — 10 
Asset-backed and mortgage-backed securities— 26 — 26 — 28 — 28 
U.S. government and agency securities313 84 — 397 332 82 — 414 
Non-U.S. government and agency securities— 50 — 50 — 79 — 79 
Other non-current assets
Time deposits and certificates of deposits— — — — — 1 — 1 
Deferred compensation plan and other investments192 — 65 257 197 — 25 222 
Total assets measured at fair value$4,344 $2,274 $65 $6,683 $2,155 $2,043 $25 $4,223 
Summary of Investment Holdings, Schedule of Investments
The following is a summary of cash equivalents and short-term investments:
March 29, 2025December 28, 2024
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$28 $— $(2)$26 $30 $— $(2)$28 
Corporate debt securities1,927 1 — 1,928 1,621 — (1)1,620 
Money market funds3,387 — — 3,387 1,496 — — 1,496 
Time deposits and certificates of deposits102 — — 102 117 — — 117 
U.S. government and agency securities848 1 — 849 544 — — 544 
Non-U.S. government and agency securities134 — — 134 195 — — 195 
$6,426 $2 $(2)$6,426 $4,003 $— $(3)$4,000 
Investments Classified by Contractual Maturity Date
The contractual maturities of investments classified as available-for-sale are as follows:
March 29, 2025December 28, 2024
Amortized CostFair ValueAmortized CostFair Value
(In millions)(In millions)
Due within 1 year$2,606 $2,607 $2,073 $2,073 
Due in 1 year through 5 years407 408 406 405 
Due in 5 years and later26 24 27 26 
$3,039 $3,039 $2,506 $2,504 
Financial Instruments Not Recorded at Fair Value
The carrying amounts and estimated fair values of the Company’s long-term debt are as follows:
 March 29, 2025December 28, 2024
 Carrying
Amount		Estimated
Fair Value		Carrying
Amount		Estimated
Fair Value
(In millions)(In millions)
Long-term debt
3,217 3,080 1,721 1,543