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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 26, 2020
Dec. 28, 2019
Dec. 29, 2018
Operating Activities      
Net income $ 7,175 $ 7,353 $ 12,559
Depreciation and amortization 2,548 2,432 2,399
Share-based compensation expense 264 237 256
Restructuring and impairment charges 289 370 308
Cash payments for restructuring charges (255) (350) (255)
Inventory fair value adjustments and merger and integration costs 255 55 75
Payments for Merger Related Costs (131) (10) (73)
Pension and retiree medical plan expenses 408 519 221
Pension and retiree medical plan contributions (562) (716) (1,708)
Deferred income taxes and other tax charges and credits 361 453 (531)
Tax Cuts and Jobs Act, Income Tax Expense (Benefit) 0 (8) (28)
Tax payments related to the TCJ Act (78) (423) (115)
Other net tax benefits related to international reorganizations 0 (2) (4,347)
Change in assets and liabilities [Abstract]      
Accounts and notes receivable (420) (650) (253)
Inventories (516) (190) (174)
Prepaid expenses and other current assets 26 (87) 9
Accounts payable and other current liabilities 766 735 882
Income taxes payable (159) (287) 448
Other, net 642 218 (258)
Net Cash Provided by (Used in) Operating Activities 10,613 9,649 9,415
Investing Activities      
Capital spending (4,240) (4,232) (3,282)
Sales of property, plant and equipment 55 170 134
Acquisitions, net of cash acquired, and investments in noncontrolled affiliates (6,372) (2,717) (1,496)
Divestitures 4 253 505
Short-term investments, by original maturity:      
More than three months - purchases (1,135) 0 (5,637)
More than three months - maturities 0 16 12,824
More than three months - sales 0 62 1,498
Three months or less, net 27 19 16
Other investing, net 42 (8) 2
Net Cash (Used for)/Provided by Investing Activities (11,619) (6,437) 4,564
Financing Activities      
Proceeds from issuances of long-term debt 13,809 4,621 0
Payments of long-term debt (1,830) (3,970) (4,007)
Proceeds from (Repayments of) Other Long-term Debt (1,100) (1,007) (1,589)
Short-term borrowings, by original maturity      
More than three months - proceeds 4,077 6 3
More than three months - payments (3,554) (2) (17)
Three months or less, net (109) (3) (1,352)
Cash dividends paid (5,509) (5,304) (4,930)
Share repurchases - common (2,000) (3,000) (2,000)
Proceeds from exercises of stock options 179 329 281
Withholding tax payments on RSUs, PSUs and PEPunits converted (96) (114) (103)
Other financing (48) (45) (55)
Net Cash Provided by/(Used for) Financing Activities 3,819 (8,489) (13,769)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (129) 78 (98)
Cash and Cash Equivalents and Restricted Cash, Period Increase (Decrease) 2,684 (5,199) 112
Cash and cash equivalents and restricted cash $ 8,254 $ 5,570 $ 10,769