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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 28, 2025
Derivative [Line Items]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
Total gross notional amounts for outstanding derivatives (recorded at fair value) at the end of each period were as follows: 
(In Millions)
Jun 28, 2025Dec 28, 2024
Foreign currency contracts
$18,123 $25,472 
Interest rate contracts
18,236 17,899 
Other
2,467 2,593 
Total$38,826 $45,964 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Fair Value of Derivative Instruments in the Consolidated Condensed Balance Sheets
 
Jun 28, 2025Dec 28, 2024
(In Millions)
Assets1
Liabilities2
Assets1
Liabilities2
Derivatives designated as hedging instruments:
Foreign currency contracts3
$392 $11 $40 $405 
Interest rate contracts
— 335 — 582 
Total derivatives designated as hedging instruments
$392 $346 $40 $987 
Derivatives not designated as hedging instruments:
Foreign currency contracts3
$343 $279 $510 $100 
Interest rate contracts
105 77 184 25 
Equity contracts
143 — 348 — 
Other4
— 755 — 755 
Total derivatives not designated as hedging instruments$591 $1,111 $1,042 $880 
Total derivatives$983 $1,457 $1,082 $1,867 
1Derivative assets are recorded as other assets, current and long-term.
2Derivative liabilities are recorded as other liabilities, current and long-term.
3A substantial majority of these instruments mature within 12 months.
4Embedded derivative related to our Ireland SCIP arrangement.
The amounts recorded on the Consolidated Condensed Balance Sheets related to cumulative basis adjustments for fair value hedges for each period were as follows:
Line Item in the Consolidated Condensed Balance Sheets in Which the Hedged Item is IncludedCarrying Amount of the Hedged Item Assets/(Liabilities)Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount Assets/(Liabilities)
(In Millions)Jun 28, 2025Dec 28, 2024Jun 28, 2025Dec 28, 2024
Short-term debt$(3,227)$(2,214)$23 $36 
Long-term debt(8,435)(9,201)312 546 
Total$(11,662)$(11,415)$335 $582 
Offsetting Assets [Table Text Block]
Agreements subject to master netting arrangements with various counterparties, and cash and non-cash collateral posted under such agreements at the end of each period were as follows:
Jun 28, 2025
Gross Amounts Not Offset in the Balance Sheet
(In Millions)
Gross Amounts Recognized
Gross Amounts Offset in the Balance Sheet
Net Amounts Presented in the Balance Sheet
Financial InstrumentsCash and Non-Cash Collateral Received or PledgedNet Amount
Assets:
Derivative assets subject to master netting arrangements
$858 $— $858 $(391)$(467)$— 
Reverse repurchase agreements
3,204 — 3,204 — (3,204)— 
Total assets$4,062 $— $4,062 $(391)$(3,671)$— 
Liabilities:
Derivative liabilities subject to master netting arrangements
$677 $— $677 $(391)$(269)$17 
Total liabilities$677 $— $677 $(391)$(269)$17 
Dec 28, 2024
Gross Amounts Not Offset in the Balance Sheet
(In Millions)Gross Amounts RecognizedGross Amounts Offset in the Balance SheetNet Amounts Presented in the Balance SheetFinancial InstrumentsCash and Non-Cash Collateral Received or PledgedNet Amount
Assets:
Derivative assets subject to master netting arrangements
$948 $— $948 $(269)$(679)$— 
Reverse repurchase agreements2,654 — 2,654 — (2,654)— 
Total assets$3,602 $— $3,602 $(269)$(3,333)$— 
Liabilities:
Derivative liabilities subject to master netting arrangements$1,084 $— $1,084 $(269)$(745)$70 
Total liabilities$1,084 $— $1,084 $(269)$(745)$70 
Offsetting Liabilities [Table Text Block]
Agreements subject to master netting arrangements with various counterparties, and cash and non-cash collateral posted under such agreements at the end of each period were as follows:
Jun 28, 2025
Gross Amounts Not Offset in the Balance Sheet
(In Millions)
Gross Amounts Recognized
Gross Amounts Offset in the Balance Sheet
Net Amounts Presented in the Balance Sheet
Financial InstrumentsCash and Non-Cash Collateral Received or PledgedNet Amount
Assets:
Derivative assets subject to master netting arrangements
$858 $— $858 $(391)$(467)$— 
Reverse repurchase agreements
3,204 — 3,204 — (3,204)— 
Total assets$4,062 $— $4,062 $(391)$(3,671)$— 
Liabilities:
Derivative liabilities subject to master netting arrangements
$677 $— $677 $(391)$(269)$17 
Total liabilities$677 $— $677 $(391)$(269)$17 
Dec 28, 2024
Gross Amounts Not Offset in the Balance Sheet
(In Millions)Gross Amounts RecognizedGross Amounts Offset in the Balance SheetNet Amounts Presented in the Balance SheetFinancial InstrumentsCash and Non-Cash Collateral Received or PledgedNet Amount
Assets:
Derivative assets subject to master netting arrangements
$948 $— $948 $(269)$(679)$— 
Reverse repurchase agreements2,654 — 2,654 — (2,654)— 
Total assets$3,602 $— $3,602 $(269)$(3,333)$— 
Liabilities:
Derivative liabilities subject to master netting arrangements$1,084 $— $1,084 $(269)$(745)$70 
Total liabilities$1,084 $— $1,084 $(269)$(745)$70 
Not Designated as Hedging Instrument  
Derivative [Line Items]  
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The effects of derivative instruments not designated as hedging instruments on the Consolidated Condensed Statements of Operations for each period were as follows:
 
Three Months EndedSix Months Ended
(In Millions)
Location of Gains (Losses)
Recognized in Income on Derivatives
Jun 28, 2025Jun 29, 2024Jun 28, 2025Jun 29, 2024
Foreign currency contracts
Interest and other, net
$(19)$190 $(104)$536 
Interest rate contracts
Interest and other, net
(28)34 (85)151 
Other
Various
199 56 42 193 
Total$152 $280 $(147)$880 
Interest and other, net [Member] | Fair Value Hedging  
Derivative [Line Items]  
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The effects of derivative instruments designated as fair value hedges, recognized in interest and other, net for each period were as follows:
Gains (Losses) on Derivatives Recognized in Consolidated Condensed Statements of Operations
Three Months EndedSix Months Ended
(In Millions)Jun 28, 2025Jun 29, 2024Jun 28, 2025Jun 29, 2024
Interest rate contracts
$106 $24 $247 $(120)
Hedged items
(106)(24)(247)120 
Total$— $— $— $—