Condensed Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Sep. 26, 2026	Dec. 27, 2025
Current assets:
Cash and cash equivalents	$ 7,404	$ 5,539
Short-term investments	8,372	5,013
Accounts receivable, net	9,209	6,315
Inventories	11,463	7,920
Prepaid expenses and other current assets	3,023	2,160
Total current assets	39,471	26,947
Property and equipment, net	3,929	2,312
Goodwill	25,470	25,126
Acquisition-related intangibles, net	15,101	16,705
Deferred tax assets	821	384
Other non-current assets	10,020	5,452
Total assets	94,812	76,926
Current liabilities:
Accounts payable	7,756	2,929
Accrued liabilities	6,231	5,250
Current portion of long-term debt, net	0	874
Other current liabilities	499	402
Total current liabilities	14,486	9,455
Long-term debt, net	7,079	2,348
Long-term operating lease liabilities	1,837	625
Deferred tax liabilities	295	313
Other long-term liabilities	2,726	1,186
Commitments and contingencies (See Note 11)
Capital stock:
Common stock, par value $0.01; shares authorized: 4,000; shares issued: 1,640 and 1,695; shares outstanding: 1,640 and 1,630	16	17
Additional paid-in capital	61,769	63,365
Treasury stock, at cost (shares held: — and 65)	0	(7,079)
Retained earnings	6,720	6,699
Accumulated other comprehensive loss	(116)	(3)
Total stockholders’ equity	68,389	62,999
Total liabilities and stockholders’ equity	$ 94,812	$ 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