Investments (Tables)

3 Months Ended

Mar. 29, 2025

Investments, Debt and Equity Securities [Abstract]

Investments Classified by Contractual Maturity Date [Table Text Block]

The fair value of marketable debt investments, by contractual maturity, as of March 29, 2025, was as follows:

(In Millions)	Fair Value
Due in 1 year or less	$	4,146
Due in 1–2 years	3,056
Due in 2–5 years	6,063
Due after 5 years	225
Instruments not due at a single maturity date1	3,848
Total	$	17,338

1 "Instruments not due at a single maturity date" is comprised of money market fund deposits, which are classified as either short-term investments or cash and cash equivalents.

Investment [Table Text Block]

(In Millions)	Mar 29, 2025		Dec 28, 2024
Marketable equity investments1	$	541	$	848
Non-marketable equity investments	4,486		4,535
Total	$	5,027	$	5,383

1    Most of our marketable equity investments are subject to trading-volume or market-based restrictions, which limit the number of shares we may sell in a specified period of time, impacting our ability to liquidate these investments. Certain of the trading volume restrictions generally apply for as long as we own more than 1% of the outstanding shares. Market-based restrictions result from the rules of the respective exchange.

Gain (Loss) on Securities [Table Text Block]

The components of gains (losses) on equity investments, net for each period were as follows:

	Three Months Ended
(In Millions)	Mar 29, 2025		Mar 30, 2024
Unrealized gains (losses) on marketable equity investments	$	(292)	$	253
Unrealized gains (losses) on non-marketable equity investments1	—		24
Impairment charges	(105)		(69)
Unrealized gains (losses) on equity investments, net	(397)		208
Realized gains (losses) on sales of equity investments, net	285		(3)
Gains (losses) on equity investments, net	$	(112)	$	205

1 Unrealized gains (losses) on non-marketable investments includes observable price adjustments and our share of equity method investee gains (losses) and certain distributions