v3.25.4
Income Taxes (Tables)
 12 Months Ended
Dec. 27, 2025
Income Tax Contingency [Line Items]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
The components of income before income taxes are as follows:
202520242023
United States$806 $2,590 $4,120 
Foreign9,438 9,356 7,297 
$10,244 $11,946 $11,417 
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The provision for income taxes consisted of the following:
202520242023
Current:
U.S. Federal$299 $1,033 $1,133 
Foreign1,583 1,406 1,201 
State42 255 309 
1,924 2,694 2,643 
Deferred:
U.S. Federal116 (306)(109)
Foreign(116)(10)(212)
State25 (58)(60)
25 (374)(381)
$1,949 $2,320 $2,262 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
A reconciliation of the U.S. Federal statutory tax rate to our 2025 annual tax rate is as follows:
AmountTax Rate
U.S. Federal statutory tax$2,151 21.0 %
State income tax, net of U.S. Federal tax benefit (a)
25 0.2 
Changes in valuation allowances12 0.1 
Foreign tax effects
Ireland
Statutory income tax rate differential(119)(1.2)
Other24 0.2 
Singapore
Tax incentive(113)(1.1)
Other(26)(0.3)
Switzerland
Changes in valuation allowances(149)(1.5)
Other32 0.3 
Bermuda
Statutory income tax rate differential(310)(3.0)
Other foreign jurisdictions21 0.2 
Effect of cross-border tax laws (b)
Transfer pricing adjustments128 1.3 
Global intangible low-tax income (GILTI)115 1.1 
Other(110)(1.0)
Tax credits(29)(0.3)
Changes in unrecognized tax benefits181 1.8 
Nondeductible and nontaxable items, net(31)(0.3)
Other147 1.5 
Reported tax$1,949 19.0 %
(a)State taxes in California, Illinois, New Jersey, Texas, Minnesota, Oregon, Wisconsin, Louisiana, Michigan, and Arizona make up the majority (greater than 50%) of the tax effect in this category.
(b)Includes the impact of any tax credits.
A reconciliation of the U.S. Federal statutory tax rate to our 2024 and 2023 annual tax rate is as follows:
20242023
U.S. Federal statutory tax rate21.0 %21.0 %
State income tax, net of U.S. Federal tax benefit1.3 1.8 
Lower taxes on foreign results(2.5)(2.5)
Juice Transaction— (0.1)
Other, net(0.4)(0.4)
Annual tax rate19.4 %19.8 %
A summary of income taxes paid in 2025 is as follows:
Amount
U.S. Federal$1,107 
U.S. State and Local (a)
243 
Foreign
Ireland424 
Mexico313 
Russia237 
Other759 
1,733 
Total$3,083 
(a)No single state or local jurisdiction accounts for more than 5% of the total income taxes paid.
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Deferred tax liabilities and assets are comprised of the following:
20252024
Deferred tax liabilities
Property, plant and equipment$2,047 $1,868 
Right-of-use assets819 772 
Debt guarantee of wholly-owned subsidiary578 578 
Recapture of net operating losses488 488 
Pension liabilities 238 112 
Other486 301 
Gross deferred tax liabilities4,656 4,119 
Deferred tax assets
Net carryforwards6,849 6,737 
Intangible assets other than nondeductible goodwill1,996 1,599 
Lease liabilities819 773 
Share-based compensation141 148 
Retiree medical benefits96 104 
Other employee-related benefits372 415 
Deductible state tax and interest benefits181 202 
Capitalized research and development134 256 
Other927 948 
Gross deferred tax assets11,515 11,182 
Valuation allowances(6,120)(6,185)
Deferred tax assets, net5,395 4,997 
Net deferred tax (assets)/liabilities$(739)$(878)
A summary of our valuation allowance activity is as follows:
202520242023
Balance, beginning of year$6,185 $6,478 $5,013 
(Benefit)/provision(284)(198)1,419 
Other additions/(deductions)219 (95)46 
Balance, end of year$6,120 $6,185 $6,478 
Summary of Income Tax Contingencies [Table Text Block] Our major taxing jurisdictions and the related open tax audits are as follows:
Jurisdiction
Years Open to AuditYears Currently Under Audit
United States
2014-20242014-2019
Mexico
2014-20242014-2020
Canada (Domestic)
2021-20242021
Canada (International)
2012-20242012-2021
Russia
2022-2024None
Reserves Rollforward
A reconciliation of unrecognized tax benefits is as follows:
20252024
Balance, beginning of year$2,284 $2,093 
Additions for tax positions related to the current year153 210 
Additions for tax positions from prior years124 108 
Reductions for tax positions from prior years(76)(46)
Settlement payments(114)(24)
Statutes of limitations expiration(18)(31)
Translation and other23 (26)
Balance, end of year$2,376 $2,284