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v3.22.4

Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments [Table Text Block] | Long-Term Debt
|  | Dec 31, 2022 |  |  |  | Dec 25, 2021 |  |  |  |
(In Millions) |  | Effective Interest Rate |  | Amount |  |  |  | Amount |  |  |  |
Floating-rate senior note: |  |  |  |  |  |  |  |  |  |  |  |
Three-month LIBOR plus 0.35%, due May 2022 |  | —% |  | $ | — |  |  |  |  | $ | 800 |  |  |  |  |
Fixed-rate senior notes: |  |  |  |  |  |  |  |  |  |  |  |
2.35%, due May 2022 |  | —% |  | — |  |  |  |  | 750 |  |  |  |  |
3.10%, due July 2022 |  | —% |  | — |  |  |  |  | 1,000 |  |  |  |  |
4.00%, due December 2022 |  | —% |  | — |  |  |  |  | 398 |  |  |  |  |
2.70%, due December 2022 |  | —% |  | — |  |  |  |  | 1,500 |  |  |  |  |
4.10%, due November 2023 |  | —% |  | — |  |  |  |  | 400 |  |  |  |  |
2.88%, due May 2024 |  | 2.34% |  | 1,250 |  |  |  |  | 1,250 |  |  |  |  |
2.70%, due June 2024 |  | 2.14% |  | 600 |  |  |  |  | 600 |  |  |  |  |
3.40%, due March 2025 |  | 3.44% |  | 1,500 |  |  |  |  | 1,500 |  |  |  |  |
3.70%, due July 2025 |  | 3.83% |  | 2,250 |  |  |  |  | 2,250 |  |  |  |  |
2.60%, due May 2026 |  | 2.25% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
3.75%, due March 2027 |  | 3.78% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
3.15%, due May 2027 |  | 2.84% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
3.75%, due August 2027 |  | 3.80% |  | 1,250 |  |  |  |  | — |  |  |  |  |
1.60%, due August 2028 |  | 1.67% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
4.00%, due August 2029 |  | 4.05% |  | 850 |  |  |  |  | — |  |  |  |  |
2.45%, due November 2029 |  | 2.38% |  | 2,000 |  |  |  |  | 2,000 |  |  |  |  |
3.90%, due March 2030 |  | 3.92% |  | 1,500 |  |  |  |  | 1,500 |  |  |  |  |
2.00%, due August 2031 |  | 2.02% |  | 1,250 |  |  |  |  | 1,250 |  |  |  |  |
4.15%, due August 2032 |  | 4.17% |  | 1,250 |  |  |  |  | — |  |  |  |  |
4.00%, due December 2032 |  | 2.20% |  | 750 |  |  |  |  | 750 |  |  |  |  |
4.60%, due March 2040 |  | 4.59% |  | 750 |  |  |  |  | 750 |  |  |  |  |
2.80%, due August 2041 |  | 2.81% |  | 750 |  |  |  |  | 750 |  |  |  |  |
4.80%, due October 2041 |  | 3.70% |  | 802 |  |  |  |  | 802 |  |  |  |  |
4.25%, due December 2042 |  | 2.32% |  | 567 |  |  |  |  | 567 |  |  |  |  |
4.90%, due July 2045 |  | 3.80% |  | 772 |  |  |  |  | 772 |  |  |  |  |
4.10%, due May 2046 |  | 3.03% |  | 1,250 |  |  |  |  | 1,250 |  |  |  |  |
4.10%, due May 2047 |  | 3.00% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
4.10%, due August 2047 |  | 2.54% |  | 640 |  |  |  |  | 640 |  |  |  |  |
3.73%, due December 2047 |  | 3.31% |  | 1,967 |  |  |  |  | 1,967 |  |  |  |  |
3.25%, due November 2049 |  | 3.19% |  | 2,000 |  |  |  |  | 2,000 |  |  |  |  |
4.75%, due March 2050 |  | 4.73% |  | 2,250 |  |  |  |  | 2,250 |  |  |  |  |
3.05%, due August 2051 |  | 3.06% |  | 1,250 |  |  |  |  | 1,250 |  |  |  |  |
4.90%, due August 2052 |  | 4.88% |  | 1,750 |  |  |  |  | — |  |  |  |  |
3.10%, due February 2060 |  | 3.10% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
4.95%, due March 2060 |  | 4.98% |  | 1,000 |  |  |  |  | 1,000 |  |  |  |  |
3.20%, due August 2061 |  | 3.20% |  | 750 |  |  |  |  | 750 |  |  |  |  |
5.05%, due August 2062 |  | 5.03% |  | 900 |  |  |  |  | — |  |  |  |  |
Long-Term Debt
|  | Dec 31, 2022 |  |  |  | Dec 25, 2021
(In Millions) |  | Effective Interest Rate |  | Amount |  |  |  | Amount
Oregon and Arizona bonds: |  |  |  |  |  |  |  |
2.40% - 2.70%, due December 2035 - 2040 |  | 2.49% |  | $ | 423 |  |  |  |  | $ | 423 |
5.00%, due September 2042 |  | 3.41% |  | 131 |  |  |  |  | — |
5.00%, due March 2049 |  | —% |  | — |  |  |  |  | 138 |
5.00%, due June 2049 |  | 2.15% |  | 438 |  |  |  |  | 438 |
5.00%, due September 2052 |  | 3.17% |  | 445 |  |  |  |  | — |
Total senior notes and other borrowings |  |  |  | 39,285 |  |  |  |  | 37,695 |
Unamortized premium/discount and issuance costs |  |  |  | (417) |  |  |  |  | (405) |
Hedge accounting fair value adjustments |  |  |  | (761) |  |  |  |  | 811 |
Long-term debt |  |  |  | 38,107 |  |  |  |  | 38,101 |
Current portion of long-term debt |  |  |  | (423) |  |  |  |  | (4,591) |
Total long-term debt |  |  |  | $ | 37,684 |  |  |  |  | $ | 33,510 |
Schedule of Maturities of Long-term Debt [Table Text Block] | Our aggregate debt maturities, excluding commercial paper, based on outstanding principal as of December 31, 2022, by year payable, are as follows:
(In Millions) |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 and thereafter |  | Total
|  | $ | 423 |  |  | $ | 2,288 |  |  | $ | 3,750 |  |  | $ | 1,000 |  |  | $ | 3,826 |  |  | $ | 27,998 |  |  | $ | 39,285 |

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