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Debt Obligations and Commitments (Tables) | 12 Months Ended
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Dec. 26, 2020
Debt Obligations and Commitments [Abstract] |
Schedule of Long and Short-Term Debt Contractural Commitments | The following table summarizes our debt obligations:
| 2020(a) |  | 2019(a)
Short-term debt obligations (b) |  |  |
Current maturities of long-term debt | $ | 3,358 |  |  | $ | 2,848 |
Commercial paper (0.2%) | 396 |  |  | — |
Other borrowings (1.7% and 6.4%) | 26 |  |  | 72 |
| $ | 3,780 |  |  | $ | 2,920 |
Long-term debt obligations (b) |  |  |
Notes due 2020 (2.7%) | — |  |  | 2,840 |
Notes due 2021 (2.2% and 2.4%) | 3,356 |  |  | 3,276 |
Notes due 2022 (2.5% and 2.7%) | 3,867 |  |  | 3,831 |
Notes due 2023 (1.5% and 2.8%) | 3,017 |  |  | 1,272 |
Notes due 2024 (2.1% and 3.4%) | 3,067 |  |  | 1,839 |
Notes due 2025 (2.7% and 3.1%) | 3,227 |  |  | 1,691 |
Notes due 2026-2060 (2.9% and 3.4%) | 27,165 |  |  | 17,219 |
Other, due 2020-2026 (1.3% and 1.3%) | 29 |  |  | 28 |
| 43,728 |  |  | 31,996 |
Less: current maturities of long-term debt obligations | (3,358) |  |  | (2,848) |
Total | $ | 40,370 |  |  | $ | 29,148 |
(a)Amounts are shown net of unamortized net discounts of $260 million and $163 million for 2020 and 2019, respectively. (b)The interest rates presented reflect weighted-average effective interest rates at year-end. Certain of our fixed rate indebtedness have been swapped to floating rates through the use of interest rate derivative instruments. See Note 9 for further information regarding our interest rate derivative instruments.
Schedule of Debt Issuances | In 2020, we issued the following senior notes:
Interest Rate |  | Maturity Date |  | Amount(a)
2.250 | % |  | March 2025 |  | $ | 1,500 |
2.625 | % |  | March 2027 |  | $ | 500 |
2.750 | % |  | March 2030 |  | $ | 1,500 |
3.500 | % |  | March 2040 |  | $ | 750 |
3.625 | % |  | March 2050 |  | $ | 1,500 |
3.875 | % |  | March 2060 |  | $ | 750 |
0.750 | % |  | May 2023 |  | $ | 1,000 |
1.625 | % |  | May 2030 |  | $ | 1,000 |
0.250 | % |  | May 2024 |  | € | 1,000 |
0.500 | % |  | May 2028 |  | € | 1,000 |
0.400 | % |  | October 2023 |  | $ | 750 |
1.400 | % |  | February 2031 |  | $ | 750 |
0.400 | % |  | October 2032 |  | € | 750 |
1.050 | % |  | October 2050 |  | € | 750 |
(a)Represents gross proceeds from issuances of long-term debt excluding debt issuance costs, discounts and premiums.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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