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Share-Based Compensation Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Share-based Payment Arrangement, Cost by Plan [Table Text Block] | The following table summarizes our total share-based compensation expense, which is primarily recorded in selling, general and administrative expenses, and excess tax benefits recognized:
| 2023 |  | 2022 |  | 2021
Share-based compensation expense - equity awards | $ | 380 |  |  | $ | 343 |  |  | $ | 301 |
Share-based compensation expense - liability awards | 19 |  |  | 30 |  |  | 20 |
Acquisition and divestiture-related charges | — |  |  | 3 |  |  | — |
Restructuring charges | (1) |  |  | — |  |  | 1 |
Total | $ | 398 |  |  | $ | 376 |  |  | $ | 322 |
Income tax benefits recognized in earnings related to share-based compensation | $ | 73 |  |  | $ | 62 |  |  | $ | 57 |
Excess tax benefits related to share-based compensation | $ | 36 |  |  | $ | 44 |  |  | $ | 38 |
Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions | Our weighted-average Black-Scholes fair value assumptions are as follows:
| 2023 |  | 2022 |  | 2021
Expected life | 7 years |  | 7 years |  | 7 years
Risk-free interest rate | 4.2 | % |  | 1.9 | % |  | 1.1 | %
Expected volatility | 16 | % |  | 16 | % |  | 14 | %
Expected dividend yield | 2.7 | % |  | 2.5 | % |  | 3.1 | %
Share-based Payment Arrangement, Option, Activity [Table Text Block] | A summary of our stock option activity for the year ended December 30, 2023 is as follows:
| Options(a) |  | Weighted-Average Exercise Price Per Unit |  | Weighted-Average Contractual Life Remaining (years) |  | Aggregate Intrinsic Value(a)
Outstanding at December 31, 2022 | 10,504 |  |  | $ | 124.63 |  |  |  |  |
Granted | 2,162 |  |  | $ | 171.73 |  |  |  |  |
Exercised | (1,205) |  |  | $ | 96.82 |  |  |  |  |
Forfeited/expired | (294) |  |  | $ | 149.42 |  |  |  |  |
Outstanding at December 30, 2023 | 11,167 |  |  | $ | 136.10 |  |  | 6.16 |  | $ | 380,801 |
Exercisable at December 30, 2023 | 5,225 |  |  | $ | 111.18 |  |  | 3.74 |  | $ | 306,536 |
Expected to vest as of December 30, 2023 | 5,604 |  |  | $ | 157.42 |  |  | 8.25 |  | $ | 73,219 |
(a)In thousands.
Our RSU and PSU Activity | A summary of our RSU and PSU activity for the year ended December 30, 2023 is as follows:
| RSUs/PSUs(a) |  | Weighted-Average Grant-Date Fair Value Per Unit |  | Weighted-Average Contractual Life Remaining (years) |  | Aggregate Intrinsic Value(a)
Outstanding at December 31, 2022 | 5,714 |  |  | $ | 143.02 |  |  |  |  |
Granted | 2,151 |  |  | $ | 171.11 |  |  |  |  |
Converted | (1,982) |  |  | $ | 134.42 |  |  |  |  |
Forfeited | (285) |  |  | $ | 153.07 |  |  |  |  |
Outstanding at December 30, 2023 (b) | 5,598 |  |  | $ | 156.43 |  |  | 1.22 |  | $ | 950,735 |
Expected to vest as of December 30, 2023 (c) | 5,853 |  |  | $ | 155.51 |  |  | 1.17 |  | $ | 993,990 |
(a)In thousands. Outstanding awards are disclosed at target. (b)The outstanding PSUs for which the vesting period has not ended as of December 30, 2023, at the threshold, target and maximum award levels were zero, 0.7 million and 1.3 million, respectively. (c)Represents the number of outstanding awards expected to vest, including estimated performance adjustments on all outstanding PSUs as of December 30, 2023.
Schedule of Liability Award Vested and Expected to Vest [Table Text Block] | A summary of our long-term cash activity for the year ended December 30, 2023 is as follows:
| Long-Term Cash Award(a) |  | Balance Sheet Date Fair Value(b) |  | Contractual Life Remaining (years)
Outstanding at December 31, 2022 | $ | 50,254 |  |  |  |  |
Granted | 20,298 |  |  |  |  |
Vested | (17,171) |  |  |  |  |
Forfeited | (1,530) |  |  |  |  |
Outstanding at December 30, 2023 (c) | $ | 51,851 |  |  | $ | 55,058 |  |  | 1.26
Expected to vest as of December 30, 2023 | $ | 49,161 |  |  | $ | 52,678 |  |  | 1.23
(a)In thousands, disclosed at target. (b)In thousands, based on the most recent valuation as of December 30, 2023. (c)The outstanding awards for which the vesting period has not ended as of December 30, 2023, at the threshold, target and maximum award levels based on the achievement of its market conditions were zero, $52 million and $104 million, respectively.
Other Share-Based Compensation Data | The following is a summary of other share-based compensation data:
| 2023 |  | 2022 |  | 2021
Stock Options |  |  |  |  |
Total number of options granted (a) | 2,162 |  |  | 2,422 |  |  | 2,157 |
Weighted-average grant-date fair value per unit of options granted | $ | 29.81 |  |  | $ | 19.72 |  |  | $ | 9.88 |
Total intrinsic value of options exercised (a) | $ | 100,209 |  |  | $ | 134,580 |  |  | $ | 153,306 |
Total grant-date fair value of options vested (a) | $ | 11,830 |  |  | $ | 9,661 |  |  | $ | 10,605 |
RSUs/PSUs |  |  |  |  |
Total number of RSUs/PSUs granted (a) | 2,151 |  |  | 2,263 |  |  | 2,636 |
Weighted-average grant-date fair value per unit of RSUs/PSUs granted | $ | 171.11 |  |  | $ | 163.02 |  |  | $ | 131.81 |
Total intrinsic value of RSUs/PSUs converted (a) | $ | 396,123 |  |  | $ | 329,705 |  |  | $ | 273,878 |
Total grant-date fair value of RSUs/PSUs vested (a) | $ | 286,605 |  |  | $ | 196,649 |  |  | $ | 198,469 |
(a)In thousands.

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