v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Dec. 28, 2025
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 5,235 $ 10,999  
Adjustments to reconcile net earnings to cash flows from operating activities:      
Depreciation and amortization of property and intangibles 2,004 1,772  
Stock based compensation 300 288  
Asset write-downs 36 30  
Charges for acquired in-process research and development assets 2 16  
Net loss/(gain) on sale of assets/businesses 12 (75)  
Deferred tax provision 159 2,172  
Credit losses and accounts receivable allowances (8) (4)  
Changes in assets and liabilities, net of effects from acquisitions and divestitures:      
Increase in accounts receivable (595) (926)  
Increase in inventories (431) (146)  
Decrease in accounts payable and accrued liabilities (3,920) (2,126)  
Decrease/(Increase) in other current and non-current assets 349 (1,317)  
Decrease in other current and non-current liabilities (629) (6,509)  
Net cash flows from operating activities 2,514 4,174  
Cash flows used for investing activities      
Additions to property, plant and equipment (1,049) (795)  
Proceeds from the disposal of assets/businesses, net (Note 10) 29 279  
Acquisitions, net of cash acquired (Note 10)     $ (17,500)
Acquired in-process research and development assets / related milestones (Note 10) 0 (14)  
Purchases of investments (144) (251)  
Sales of investments 209 218  
Credit support agreements activity, net (31) 296  
Other (including capitalized licenses and milestones) (54) (30)  
Net cash used for investing activities (1,040) (297)  
Cash flows from financing activities      
Dividends to shareholders (3,131) (2,989)  
Repurchase of common stock (4,028) (2,127)  
Proceeds from short-term debt, net 12,439 8,784  
Repayment of short-term debt, net (3,223) (2,120)  
Proceeds from long-term debt, net of issuance costs 0 9,138  
Repayment of long-term debt (2,002) (751)  
Proceeds from the exercise of stock options/employee withholding tax on stock awards, net 1,172 450  
Credit support agreements activity, net (109) (3)  
Other (588) 40  
Net cash from financing activities 530 10,422  
Effect of exchange rate changes on cash and cash equivalents (25) 70  
Increase in cash and cash equivalents 1,979 14,369  
Cash and cash equivalents, beginning of period 19,709 24,105 24,105
Cash and cash equivalents, end of period $ 21,688 $ 38,474 $ 19,709