Condensed Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Jun. 27, 2026	Dec. 27, 2025
Current assets:
Cash and cash equivalents	$ 5,086	$ 5,539
Short-term investments	8,025	5,013
Accounts receivable, net	7,281	6,315
Inventories	8,468	7,920
Prepaid expenses and other current assets	2,662	2,160
Total current assets	31,522	26,947
Property and equipment, net	3,439	2,312
Goodwill	25,470	25,126
Acquisition-related intangibles, net	15,635	16,705
Deferred tax assets	494	384
Other non-current assets	7,904	5,452
Total assets	84,464	76,926
Current liabilities:
Accounts payable	5,359	2,929
Accrued liabilities	5,546	5,250
Current portion of long-term debt, net	875	874
Other current liabilities	301	402
Total current liabilities	12,081	9,455
Long-term debt, net	2,351	2,348
Long-term operating lease liabilities	1,050	625
Deferred tax liabilities	300	313
Other long-term liabilities	1,458	1,186
Commitments and contingencies (See Note 10)
Capital stock:
Common stock, par value $0.01; shares authorized: 4,000; shares issued: 1,632 and 1,695; shares outstanding: 1,632 and 1,630	16	17
Additional paid-in capital	61,373	63,365
Treasury stock, at cost (shares held: — and 65)	0	(7,079)
Retained earnings	5,909	6,699
Accumulated other comprehensive loss	(74)	(3)
Total stockholders’ equity	67,224	62,999
Total liabilities and stockholders’ equity	$ 84,464	$ 76,926
Common stock, authorized (in shares)	4,000,000	4,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01