
	Mar 28, 2026								Dec 27, 2025
	Fair Value Measured and Recorded at Reporting Date Using								Fair Value Measured and Recorded at Reporting Date Using
(In Millions)	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents:
Corporate debt	$	—	$	289	$	—	$	289	$	—	$	150	$	—	$	150
Financial institution instruments¹	10,979		1,576		—		12,555		7,292		1,800		—		9,092
Government debt²	—		107		—		107		—		—		—		—
Reverse repurchase agreements	—		3,679		—		3,679		—		4,262		—		4,262
Short-term investments:
Corporate debt	—		7,088		—		7,088		—		7,248		—		7,248
Financial institution instruments¹	31		4,966		—		4,997		183		3,991		—		4,174
Government debt²	1,708		1,749		—		3,457		5,296		6,433		—		11,729
Other current assets:
Derivative assets	—		443		—		443		431		608		—		1,039

Marketable equity investments	317		—		—		317		484		—		—		484
Other long-term assets:
Derivative assets	—		1		—		1		—		2		—		2

Total assets measured and recorded at fair value	$	13,035	$	19,898	$	—	$	32,933	$	13,686	$	24,494	$	—	$	38,180
Liabilities
Other accrued liabilities:
Derivative liabilities³	$	157	$	2,163	$	490	$	2,810	$	6	$	1,524	$	304	$	1,834

Other long-term liabilities:
Derivative liabilities³	—		1,964		173		2,137		—		1,714		576		2,290
Total liabilities measured and recorded at fair value	$	157	$	4,127	$	663	$	4,947	$	6	$	3,238	$	880	$	4,124

3Level 1 derivative liabilities consist of equity contracts for our deferred compensation program. Level 2 derivative liabilities include a forward contract related to Escrowed Shares held. Level 3 derivative liabilities include liquidated damage provisions related to our Ireland SCIP arrangement.