v3.22.4
Borrowings (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-Term Debt
Dec 31, 2022Dec 25, 2021
(In Millions)
Effective Interest Rate
AmountAmount
Floating-rate senior note:
Three-month LIBOR plus 0.35%, due May 2022—%$— $800 
Fixed-rate senior notes:
2.35%, due May 2022—%— 750 
3.10%, due July 2022—%— 1,000 
4.00%, due December 2022—%— 398 
2.70%, due December 2022—%— 1,500 
4.10%, due November 2023—%— 400 
2.88%, due May 20242.34%1,250 1,250 
2.70%, due June 20242.14%600 600 
3.40%, due March 20253.44%1,500 1,500 
3.70%, due July 20253.83%2,250 2,250 
2.60%, due May 20262.25%1,000 1,000 
3.75%, due March 20273.78%1,000 1,000 
3.15%, due May 20272.84%1,000 1,000 
3.75%, due August 20273.80%1,250 — 
1.60%, due August 20281.67%1,000 1,000 
4.00%, due August 20294.05%850 — 
2.45%, due November 20292.38%2,000 2,000 
3.90%, due March 20303.92%1,500 1,500 
2.00%, due August 20312.02%1,250 1,250 
4.15%, due August 20324.17%1,250 — 
4.00%, due December 20322.20%750 750 
4.60%, due March 20404.59%750 750 
2.80%, due August 20412.81%750 750 
4.80%, due October 20413.70%802 802 
4.25%, due December 20422.32%567 567 
4.90%, due July 20453.80%772 772 
4.10%, due May 20463.03%1,250 1,250 
4.10%, due May 20473.00%1,000 1,000 
4.10%, due August 20472.54%640 640 
3.73%, due December 2047 3.31%1,967 1,967 
3.25%, due November 20493.19%2,000 2,000 
4.75%, due March 20504.73%2,250 2,250 
3.05%, due August 20513.06%1,250 1,250 
4.90%, due August 20524.88%1,750 — 
3.10%, due February 20603.10%1,000 1,000 
4.95%, due March 20604.98%1,000 1,000 
3.20%, due August 20613.20%750 750 
5.05%, due August 20625.03%900 — 
Long-Term Debt
Dec 31, 2022Dec 25, 2021
(In Millions)
Effective Interest Rate
AmountAmount
Oregon and Arizona bonds:
2.40% - 2.70%, due December 2035 - 20402.49%$423 $423 
5.00%, due September 20423.41%131 — 
5.00%, due March 2049—%— 138 
5.00%, due June 20492.15%438 438 
5.00%, due September 20523.17%445 — 
Total senior notes and other borrowings39,285 37,695 
Unamortized premium/discount and issuance costs(417)(405)
Hedge accounting fair value adjustments(761)811 
Long-term debt38,107 38,101 
Current portion of long-term debt(423)(4,591)
Total long-term debt$37,684 $33,510 
Schedule of Maturities of Long-term Debt [Table Text Block]
Our aggregate debt maturities, excluding commercial paper, based on outstanding principal as of December 31, 2022, by year payable, are as follows:
(In Millions)202320242025202620272028 and thereafterTotal
$423 $2,288 $3,750 $1,000 $3,826 $27,998 $39,285