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Supplemental Balance Sheet Information | 12 Months Ended
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Dec. 30, 2023
Balance Sheet Related Disclosures [Abstract] |
Supplemental Balance Sheet Information | Supplemental Financial Statement Information Accounts Receivable, net As of December 30, 2023 and December 31, 2022, Accounts receivable, net included unbilled accounts receivable of $1.1 billion. Unbilled accounts receivables primarily represent work completed for development services and on custom products for which revenue has been recognized but not yet invoiced. All unbilled accounts receivable are expected to be billed and collected within 12 months.
Inventories | December 30, 2023 |  | December 31, 2022
| (In millions)
Raw materials | $ | 279 |  |  | $ | 231 |
Work in process | 3,260 |  |  | 2,648 |
Finished goods | 812 |  |  | 892 |
Total inventories | $ | 4,351 |  |  | $ | 3,771 |
Property and Equipment, net | December 30, 2023 |  | December 31, 2022
| (In millions)
Land, building and leasehold improvements | $ | 821 |  |  | $ | 714 |
Equipment | 2,346 |  |  | 2,163 |
Construction in progress | 209 |  |  | 143 |
Property and equipment, gross | 3,376 |  |  | 3,020 |
Accumulated depreciation | (1,787) |  |  | (1,507) |
Total property and equipment, net | $ | 1,589 |  |  | $ | 1,513 |
Depreciation expense for 2023, 2022 and 2021 was $441 million, $439 million and $296 million, respectively.
Accrued Liabilities | December 30, 2023 |  | December 31, 2022
| (In millions)
Accrued marketing programs | $ | 827 |  |  | $ | 876 |
Accrued compensation and benefits | 884 |  |  | 701 |
Customer program liabilities | 544 |  |  | 859 |
Other accrued and current liabilities | 827 |  |  | 641 |
Total accrued liabilities | $ | 3,082 |  |  | $ | 3,077 |
Revenue Revenue allocated to remaining performance obligations that are unsatisfied (or partially unsatisfied) include amounts received from customers and amounts that will be invoiced and recognized as revenue in future periods for development services, IP licensing and product revenue. As of December 30, 2023, the aggregate transaction price allocated to remaining performance obligations under contracts with an original expected duration of more than one year was $137 million, of which $85 million is expected to be recognized in the next 12 months. The revenue allocated to remaining performance obligations does not include amounts which have an original expected duration of one year or less. Revenue recognized over time associated with custom products and development services accounted for approximately 25%, 24% and 23% of the Company’s revenue in 2023, 2022 and 2021, respectively.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//210/tableOfContent + Details
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