v3.23.4
Borrowings (Tables)
 12 Months Ended
Dec. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-Term Debt
Dec 30, 2023Dec 31, 2022
(In Millions)
Effective Interest Rate
AmountAmount
Fixed-rate senior notes:
2.88%, due May 20242.32%$1,250 $1,250 
2.70%, due June 20242.14%600 600 
3.40%, due March 20253.45%1,500 1,500 
3.70%, due July 20257.29%2,250 2,250 
4.88%, due February 20264.96%1,500 — 
2.60%, due May 20265.79%1,000 1,000 
3.75%, due March 20273.79%1,000 1,000 
3.15%, due May 20276.35%1,000 1,000 
3.75%, due August 20273.82%1,250 1,250 
4.88%, due February 20284.94%1,750 — 
1.60%, due August 20281.67%1,000 1,000 
4.00%, due August 20294.06%850 850 
2.45%, due November 20292.39%2,000 2,000 
5.13%, due February 20305.17%1,250 — 
3.90%, due March 20303.93%1,500 1,500 
2.00%, due August 20312.03%1,250 1,250 
4.15%, due August 20324.18%1,250 1,250 
4.00%, due December 20327.21%750 750 
5.20%, due February 20335.25%2,250 — 
4.60%, due March 20404.61%750 750 
2.80%, due August 20412.81%750 750 
4.80%, due October 20417.16%802 802 
4.25%, due December 20427.45%567 567 
5.63%, due February 20435.64%1,000 — 
4.90%, due July 20457.29%772 772 
4.10%, due May 20466.58%1,250 1,250 
4.10%, due May 20476.53%1,000 1,000 
4.10%, due August 20476.09%640 640 
3.73%, due December 2047 6.99%1,967 1,967 
3.25%, due November 20493.20%2,000 2,000 
4.75%, due March 20504.74%2,250 2,250 
3.05%, due August 20513.06%1,250 1,250 
4.90%, due August 20524.90%1,750 1,750 
5.70%, due February 20535.71%2,000 — 
3.10%, due February 20603.11%1,000 1,000 
4.95%, due March 20604.99%1,000 1,000 
3.20%, due August 20613.21%750 750 
5.05%, due August 20625.05%900 900 
5.90%, due February 20635.91%1,250 — 
Dec 30, 2023Dec 31, 2022
(In Millions)
Effective Interest Rate
AmountAmount
Oregon and Arizona bonds1:
2.40% - 2.70%, due December 2035 - 2040—%— 423 
3.80% - 4.10%, due December 2035 - 20403.89%423 — 
5.00%, due September 20423.64%131 131 
5.00%, due June 20492.15%438 438 
5.00%, due September 20524.26%445 445 
Total senior notes and other borrowings50,285 39,285 
Unamortized premium/discount and issuance costs(445)(417)
Hedge accounting fair value adjustments(574)(761)
Long-term debt49,266 38,107 
Current portion of long-term debt(2,288)(423)
Total long-term debt$46,978 $37,684 
1 These bonds may be remarketed or tendered on a periodic basis and will be classified within the current portion of long-term debt in the twelve months before remarketing or tendering.
Schedule of Maturities of Long-term Debt [Table Text Block]
Our aggregate debt maturities, based on outstanding principal as of December 30, 2023, by year payable, are as follows:
(In Millions)202420252026202720282029 and thereafterTotal
$2,288 $3,750 $2,500 $3,826 $3,174 $34,747 $50,285