XML 56 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Cash, Cash Equivalents and Current Marketable Securities (Tables) | 12 Months Ended
--- | ---
Jan. 02, 2022
Cash and Cash Equivalents [Abstract] |
Cash and Cash Equivalent Composition | At the end of the fiscal year 2021 and 2020, cash, cash equivalents and current marketable securities were comprised of:
(Dollars in Millions) |  | 2021
|  | Carrying Amount |  |  |  | Unrecognized Loss |  | Estimated Fair Value |  | Cash & Cash Equivalents |  | Current Marketable Securities
Cash |  | $ | 2,936 |  |  |  |  | — |  |  | 2,936 |  |  | 2,936 |  |  | — |
Non-U.S. Sovereign Securities(1) |  | 1,006 |  |  |  |  | — |  |  | 1,006 |  |  | 90 |  |  | 916 |
U.S. Reverse repurchase agreements |  | 1,659 |  |  |  |  | — |  |  | 1,659 |  |  | 1,659 |  |  | — |
Corporate debt securities(1) |  | 3,479 |  |  |  |  | (1) |  |  | 3,478 |  |  | 200 |  |  | 3,279 |
Money market funds |  | 1,901 |  |  |  |  | — |  |  | 1,901 |  |  | 1,901 |  |  | — |
Time deposits(1) |  | 900 |  |  |  |  | — |  |  | 900 |  |  | 900 |  |  | — |
Subtotal |  | $ | 11,881 |  |  |  |  | (1) |  |  | 11,880 |  |  | 7,686 |  |  | 4,195 |
U.S. Gov't Securities |  | $ | 19,485 |  |  |  |  | (4) |  |  | 19,481 |  |  | 6,785 |  |  | 12,696 |
Other Sovereign Securities |  | 1 |  |  |  |  | — |  |  | 1 |  |  | 1 |  |  | — |
Corporate debt securities |  | 245 |  |  |  |  | — |  |  | 245 |  |  | 15 |  |  | 230 |
Subtotal available for sale(2) |  | $ | 19,731 |  |  |  |  | (4) |  |  | 19,727 |  |  | 6,801 |  |  | 12,926 |
Total cash, cash equivalents and current marketable securities |  |  |  |  |  |  |  |  |  | $ | 14,487 |  |  | 17,121 |
(Dollars in Millions) |  | 2020
|  | Carrying Amount |  | Unrecognized Gain |  |  |  | Estimated Fair Value |  | Cash & Cash Equivalents |  | Current Marketable Securities
Cash |  | $ | 2,863 |  |  | — |  |  |  |  | 2,863 |  |  | 2,863 |  |  | — |
Non-U.S. Sovereign Securities(1) |  | 690 |  |  | — |  |  |  |  | 690 |  |  | — |  |  | 690 |
U.S. Reverse repurchase agreements |  | 1,937 |  |  | — |  |  |  |  | 1,937 |  |  | 1,937 |  |  | — |
Corporate debt securities(1) |  | 2,674 |  |  | — |  |  |  |  | 2,674 |  |  | 1,451 |  |  | 1,223 |
Money market funds |  | 2,102 |  |  | — |  |  |  |  | 2,102 |  |  | 2,102 |  |  | — |
Time deposits(1) |  | 877 |  |  | — |  |  |  |  | 877 |  |  | 877 |  |  | — |
Subtotal |  | $ | 11,143 |  |  | — |  |  |  |  | 11,143 |  |  | 9,230 |  |  | 1,913 |
Gov't Securities |  | $ | 13,777 |  |  | 1 |  |  |  |  | 13,778 |  |  | 4,731 |  |  | 9,047 |
Other Sovereign Securities |  | 14 |  |  | — |  |  |  |  | 14 |  |  | — |  |  | 14 |
Corporate debt securities |  | 250 |  |  | — |  |  |  |  | 250 |  |  | 24 |  |  | 226 |
Subtotal available for sale(2) |  | $ | 14,041 |  |  | 1 |  |  |  |  | 14,042 |  |  | 4,755 |  |  | 9,287 |
Total cash, cash equivalents and current marketable securities |  |  |  |  |  |  |  |  |  | $ | 13,985 |  |  | 11,200 |
(1) Held to maturity investments are reported at amortized cost and realized gains or losses are reported in earnings. (2) Available for sale debt securities are reported at fair value with unrealized gains and losses reported net of taxes in other comprehensive income.
Contractual Maturities of Available for Sale Securities | The contractual maturities of the available for sale debt securities at January 2, 2022 are as follows:
(Dollars in Millions) |  | Cost Basis |  | Fair Value
Due within one year |  | $ | 19,709 |  |  | 19,705 |
Due after one year through five years |  | 22 |  |  | 22 |
Due after five years through ten years |  | — |  |  | — |
Total debt securities |  | $ | 19,731 |  |  | 19,727 |

X
- References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash, cash equivalents, and investments. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration