Advanced Micro Devices (AMD) 10-Q 1 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 27, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	001-07882
Entity Registrant Name	ADVANCED MICRO DEVICES, INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1692300
Entity Address, Address Line One	2485 Augustine Drive
Entity Address, City or Town	Santa Clara
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95054
City Area Code	408
Local Phone Number	749-4000
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	AMD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,615,498,891
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000002488
Current Fiscal Year End Date	--12-30

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Income Statement [Abstract]
Net revenue	$ 5,800	$ 5,565	$ 16,512	$ 18,002
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization	2,843	2,799	8,236	8,797
Amortization of acquisition-related intangibles- COGS	210	412	727	1,005
Cost of sales	3,053	3,211	8,963	9,802
Gross profit	2,747	2,354	7,549	8,200
Research and development	1,507	1,279	4,361	3,639
Marketing, general and administrative	576	557	1,708	1,746
Amortization of acquisition-related intangibles-Opex	450	590	1,449	1,499
Licensing gain	(10)	(8)	(28)	(97)
Operating income (loss)	224	(64)	59	1,413
Interest expense	(26)	(31)	(79)	(69)
Other income (expense), net	59	22	148	(24)
Income (loss) before income taxes and equity income	257	(73)	128	1,320
Income tax provision (benefit)	(39)	(135)	(49)	32
Equity income in investee	3	4	10	11
Net income	$ 299	$ 66	$ 187	$ 1,299
Earnings per share
Basic (in usd per share)	$ 0.18	$ 0.04	$ 0.12	$ 0.84
Diluted (in usd per share)	$ 0.18	$ 0.04	$ 0.11	$ 0.84
Shares used in per share calculation
Basic (in shares)	1,616	1,615	1,613	1,542
Diluted (in shares)	1,629	1,625	1,625	1,555

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 299	$ 66	$ 187	$ 1,299
Other comprehensive loss, net of tax:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(18)	(55)	(9)	(85)
Total comprehensive income	281	11	178	1,214
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	$ (18)	$ (55)	$ (9)	$ (85)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) shares in Millions, $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 3,561	$ 4,835
Short-term investments	2,224	1,020
Accounts receivable, net	5,054	4,126
Inventories	4,445	3,771
Receivables from related parties	1
Prepaid expenses and other current assets	1,403	1,265
Total current assets	16,688	15,019
Property and equipment, net	1,566	1,513
Operating lease right-of-use assets	507	460
Goodwill	24,186	24,177
Intangible Assets, Net (Excluding Goodwill)	21,950	24,118
Investment: equity method	93	83
Deferred tax assets	76	58
Other non-current assets	2,560	2,152
Total assets	67,626	67,580
Current liabilities:
Accounts payable	2,245	2,493
Accounts Payable, Other	325	463
Accrued liabilities	3,376	3,077
Other current liabilities	929	336
Less: current portion of long-term debt (principal amount)	752	0
Total current liabilities	7,627	6,369
Long-term debt	1,715	2,467
Long-term operating lease liabilities	395	396
Deferred tax liabiilty	1,152	1,934
Other long-term liabilities	1,767	1,664
Commitments and contingencies (See Note 12)
Capital stock:
Common stock, par value $0.01; shares authorized: 2,250; shares issued: 1,660 and 1,645; shares outstanding: 1,615 and 1,612	17	16
Additional paid-in capital	59,182	58,005
Treasury stock, at cost (shares held: 45 and 33)	(4,235)	(3,099)
Retained earnings (Accumulated deficit)	56	(131)
Accumulated other comprehensive loss	(50)	(41)
Total stockholders’ equity	54,970	54,750
Total liabilities and stockholders’ equity	$ 67,626	$ 67,580
Common stock, outstanding (in shares)	1,615	1,612
Common stock, par value (in dollars per share)	$ 0.01
Common stock, authorized (in shares)	2,250
Common stock, issued (in shares)	1,660	1,645

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheet (Parenthetical) - USD ($) shares in Millions, $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01
Common stock, authorized (in shares)	2,250
Common stock, issued (in shares)	1,660	1,645
Common stock, outstanding (in shares)	1,615	1,612
Treasury Stock, Common, Shares	45	33
Cash and cash equivalents	$ 3,561	$ 4,835

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022
Cash flows from operating activities:
Net income	$ 187	$ 1,299
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,654	2,954
Stock-based compensation	1,010	766
Amortization of operating lease right-of-use assets	73	63
Amortization of inventory fair value adjustment	3	187
Loss on sale or disposal of property and equipment	10	15
Deferred income taxes	(800)	(1,328)
Equity Securities, FV-NI, Gain (Loss)	(1)	(57)
Other	(43)	(9)
Changes in operating assets and liabilities
Accounts receivable, net	(929)	(1,301)
Inventories	(674)	(997)
Receivables from related parties	1	(1)
Prepaid expenses and other assets	(380)	(825)
Payables to related parties	(137)	313
Accounts payable	(238)	811
Accrued and other liabilities	550	994
Net cash provided by operating activities	1,286	2,998
Cash flows from investing activities:
Purchases of property and equipment	(407)	(326)
Purchases of short-term investments	(3,312)	(2,399)
Proceeds from maturity of short-term investments	1,917	2,864
Proceeds from Sale of Short-term Investments	248	0
Payments to Acquire Businesses, Net of Cash Acquired [Abstract]
Cash Acquired from Acquisition	0	2,366
Acquisitions, net of cash acquired, all others	14	1,558
Other	(5)	(15)
Net cash provided by (used in) investing activities	(1,573)	932
Cash flows from financing activities:
Repayments of Debt	0	(312)
Proceeds from sales of common stock through employee equity plans	148	79
Payments for Repurchase of Common Stock	(752)	(3,452)
Common stock repurchases for tax withholding on employee equity plans	(382)	(371)
Proceeds from (Payments for) Other Financing Activities	1	(2)
Net cash used in financing activities	(987)	(3,067)
Net increase (decrease) in cash and cash equivalents	(1,274)	863
Cash and cash equivalents at beginning of period	4,835	2,535
Cash and cash equivalents at end of period	3,561	3,398
Income Taxes Paid, Net	34	584
Proceeds from Issuance of Unsecured Debt	0	991
Proceeds from (Payments for) Other Financing Activities	1	(2)
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid	113	122
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	0	275
Operating lease right-of-use assets acquired by assuming related liabilities	121	119
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents	3,561
Total cash and cash equivalents	$ 3,561	$ 3,398

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions	Total	Common stock, par value	Additional paid-in capital	Additional paid-in capital Fair Value of Common Stock Issued As Acquisition Consideration	Retained earnings (Accumulated deficit):	Accumulated other comprehensive loss:	Treasury Stock, Common
Beginning balance at Dec. 25, 2021		$ 12	$ 11,069		$ (1,451)	$ (3)	$ (2,130)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Common stock issued under employee equity plans		0	79
Stock-based compensation			765
Issuance of common stock to settle convertible debt			0
Issuance of common stock warrants			21
Repurchases of common stock							(3,452)
Common stock repurchases for tax withholding on employee equity plans	$ 371						(371)
Net income	1,299				1,299
Other comprehensive loss						(85)
Ending balance at Sep. 24, 2022	54,542	16	57,581		(152)	(88)	(2,815)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	275	4	275	$ 45,372			3,138
Beginning balance at Jun. 25, 2022		16	57,297		(218)	(33)	(1,893)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Common stock issued under employee equity plans		0	1
Stock-based compensation			275
Issuance of common stock to settle convertible debt			0
Issuance of common stock warrants			8
Repurchases of common stock							(617)
Common stock repurchases for tax withholding on employee equity plans							(305)
Net income	66				66
Other comprehensive loss						(55)
Ending balance at Sep. 24, 2022	54,542	16	57,581		(152)	(88)	(2,815)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable			0				0
Beginning balance at Dec. 31, 2022	54,750	16	58,005		(131)	(41)	(3,099)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Common stock issued under employee equity plans		1	153
Stock-based compensation			1,010
Issuance of common stock to settle convertible debt			1
Issuance of common stock warrants			13
Repurchases of common stock	752						(752)
Common stock repurchases for tax withholding on employee equity plans	382						(384)
Net income	187				187
Other comprehensive loss						(9)
Ending balance at Sep. 30, 2023	54,970	17	59,182		56	(50)	(4,235)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	0		0	0			0
Beginning balance at Jul. 01, 2023		16	58,825		(243)	(32)	(3,430)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Common stock issued under employee equity plans		1	4
Stock-based compensation			353
Issuance of common stock to settle convertible debt			0
Issuance of common stock warrants			0
Repurchases of common stock	511						(511)
Common stock repurchases for tax withholding on employee equity plans							(294)
Net income	299				299
Other comprehensive loss						(18)
Ending balance at Sep. 30, 2023	$ 54,970	$ 17	59,182		$ 56	$ (50)	(4,235)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable			$ 0	$ 0			$ 0

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies Basis of Presentation. The accompanying unaudited condensed consolidated financial statements of AMD have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. The results of operations for the three and nine months ended September 30, 2023 shown in this report are not necessarily indicative of results to be expected for the full year ending December 30, 2023 or any other future period. In the opinion of the Company’s management, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s results of operations, financial position, cash flows and stockholders’ equity. All such adjustments are of a normal, recurring nature. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. Certain immaterial prior period amounts have been reclassified to conform to current period presentation. The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three and nine months ended September 30, 2023 and September 24, 2022 each consisted of 13 and 39 weeks, respectively. Use of Estimates. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill and long-lived assets, and income taxes.

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	9 Months Ended
	Sep. 30, 2023
Balance Sheet Related Disclosures [Abstract]
Supplemental Balance Sheet Information	Supplemental Financial Statement Information Accounts Receivable, net As of September 30, 2023 and December 31, 2022, Accounts receivable, net included unbilled accounts receivable of $1.1 billion for both periods. Unbilled accounts receivable primarily represents work completed on development services and on custom products for which revenue has been recognized but not yet invoiced. All unbilled accounts receivable are expected to be billed and collected within 12 months. Inventories September 30, December 31, (In millions) Raw materials $ 245 $ 231 Work in process 3,270 2,648 Finished goods 930 892 Total inventories $ 4,445 $ 3,771 Prepaid Expenses and Other Current Assets September 30, December 31, (In millions) Prepaid supply agreements $ 913 $ 673 Other 490 592 Total prepaid expenses and other current assets $ 1,403 $ 1,265 Prepaid supply agreements relate to the short-term portion of payments made to vendors to secure long-term supply capacity. Property and Equipment, net September 30, December 31, (In millions) Land, building and leasehold improvements $ 800 $ 714 Equipment 2,295 2,163 Construction in progress 201 143 Property and equipment, gross 3,296 3,020 Accumulated depreciation (1,730) (1,507) Total property and equipment, net $ 1,566 $ 1,513 Accrued Liabilities September 30, December 31, (In millions) Accrued marketing programs $ 896 $ 876 Accrued compensation and benefits 871 701 Customer program liabilities 723 859 Other accrued liabilities 886 641 Total accrued liabilities $ 3,376 $ 3,077 Other Current Liabilities September 30, December 31, (In millions) Tax liabilities $ 769 $ 156 Other current liabilities 160 180 Total other current liabilities $ 929 $ 336 Revenue Revenue allocated to remaining performance obligations that are unsatisfied (or partially unsatisfied) include amounts received from customers and amounts that will be invoiced and recognized as revenue in future periods for development services, IP licensing and product revenue. As of September 30, 2023, the aggregate transaction price allocated to remaining performance obligations under contracts with an original expected duration of more than one year was $192 million, of which $129 million is expected to be recognized in the next 12 months. The revenue allocated to remaining performance obligations does not include amounts which have an original expected duration of one year or less.

Related Parities - Equity Joint

Related Parities - Equity Joint Ventures	9 Months Ended
	Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]
Related Parities - Equity Joint Ventures	Related Parties — Equity Joint Ventures ATMP Joint Ventures The Company holds a 15% equity interest in two joint ventures (collectively, the ATMP JV) with affiliates of Tongfu Microelectronics Co., Ltd, a Chinese joint stock company. The Company has no obligation to fund the ATMP JV. The Company accounts for its equity interests in the ATMP JV under the equity method of accounting due to its significant influence over the ATMP JV. The ATMP JV provides assembly, testing, marking and packaging (ATMP) services to the Company. The Company assists the ATMP JV in its management of certain raw material inventory. The purchases from and resales to the ATMP JV of inventory under the Company’s inventory management program are reported within purchases and resales with the ATMP JV and do not impact the Company’s condensed consolidated statements of operations. The Company’s purchases from the ATMP JV during the three and nine months ended September 30, 2023 amounted to $448 million and $1.2 billion, respectively. The Company’s purchases from the ATMP JV during the three and nine months ended September 24, 2022 amounted to $455 million and $1.2 billion, respectively. As of September 30, 2023 and December 31, 2022, the amounts payable to the ATMP JV were $325 million and $463 million, respectively, and are included in Payables to related parties on the Company’s condensed consolidated balance sheets. The Company’s resales to the ATMP JV during the three and nine months ended September 30, 2023 amounted to $2 million and $5 million, respectively. The Company’s resales to the ATMP JV during the three and nine months ended September 24, 2022 amounted to $5 million and $13 million, respectively. As of September 30, 2023 and December 31, 2022, the Company had receivables from the ATMP JV of $1 million and $2 million, respectively, included in Receivables from related parties on the Company’s condensed consolidated balance sheets. During the three and nine months ended September 30, 2023, the Company recorded a gain of $3 million and $10 million, respectively, in Equity income in investee on its condensed consolidated statements of operations. During the three and nine months ended September 24, 2022, the Company recorded a gain of $4 million and $11 million, respectively, in Equity income in investee on its condensed consolidated statements of operations. As of September 30, 2023 and December 31, 2022, the carrying value of the Company’s investment in the ATMP JV was $93 million and $83 million, respectively. THATIC Joint Ventures The Company holds equity interests in two joint ventures (collectively, the THATIC JV) with Higon Information Technology Co., Ltd. (THATIC), a third-party Chinese entity. As of both September 30, 2023 and December 31, 2022, the carrying value of the investment was zero. In February 2016, the Company licensed certain of its intellectual property (Licensed IP) to the THATIC JV, payable over several years upon achievement of certain milestones. The Company also receives a royalty based on the sales of the THATIC JV’s products developed on the basis of such Licensed IP. The Company classifies Licensed IP and royalty income associated with the February 2016 agreement as Licensing gain within operating income. During the three and nine months ended September 30, 2023, the Company recognized $10 million and $28 million of licensing gain from royalty income associated with Licensed IP, respectively. During the three and nine months ended September 24, 2022, the Company recognized $8 million of licensing gain from royalty income and $97 million of licensing gain from a milestone achievement and royalty income, respectively. As of both September 30, 2023 and December 31, 2022, the Company had no receivables from the THATIC JV.

Debt and Revolving Facility

Debt and Revolving Facility	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt and Revolving Facility	Debt and Revolving Credit Facility Debt The Company’s total debt as of September 30, 2023 and December 31, 2022 consisted of the following: September 30, December 31, (In millions) 2.95% Senior Notes Due 2024 (2.95% Notes) $ 750 $ 750 2.125% Convertible Senior Notes Due 2026 (2.125% Notes) — 1 2.375% Senior Notes Due 2030 (2.375% Notes) 750 750 3.924% Senior Notes Due 2032 (3.924% Notes) 500 500 4.393% Senior Notes Due 2052 (4.393% Notes) 500 500 Total debt (principal amount) 2,500 2,501 Unamortized debt premium, discount and issuance costs, net (33) (34) Total debt (net) 2,467 2,467 Less: current portion of long-term debt (principal amount) (750) — Less: unamortized debt premium related to current portion of debt (2) — Total long-term debt $ 1,715 $ 2,467 2.95% Senior Notes Due 2024 and 2.375% Senior Notes Due 2030 The 2.95% Notes and 2.375% Notes, which were assumed from the acquisition of Xilinx, are general unsecured senior obligations of the Company with semi-annual fixed interest payments due on June 1 and December 1. The indentures governing the 2.95% Notes and 2.375% Notes contain various covenants which limit the Company’s ability to, among other things, create certain liens on principal property or the capital stock of certain subsidiaries, enter into certain sale and leaseback transactions with respect to principal property, and consolidate or merge with, or convey, transfer or lease all or substantially all of the Company’s assets to another person. 3.924% Senior Notes Due 2032 and 4.393% Senior Notes Due 2052 On June 9, 2022, the Company issued $1.0 billion in aggregate principal amount of 3.924% Notes and 4.393% Notes. The 3.924% Notes and 4.393% Notes are general unsecured senior obligations of the Company. The interest is payable semi-annually on June 1 and December 1 of each year, commencing on December 1, 2022. The 3.924% and 4.393% Notes are governed by the terms of an indenture dated June 9, 2022 between the Company and US Bank Trust Company, National Association as trustee. As of September 30, 2023, the outstanding aggregate principal amount of the 3.924% Notes and 4.393% Notes was $1.0 billion. The Company may redeem some or all of the 3.924% Notes and 4.393% Notes prior to March 1, 2032 and December 1, 2051, respectively, at a price equal to the greater of the present value of the principal amount and future interest through the maturity of the 3.924% Notes or 4.393% Notes or 100% of the principal amount plus accrued and unpaid interest. Holders have the right to require the Company to repurchase all or a portion of the 3.924% Notes or 4.393% Notes in the event that the Company undergoes a change of control as defined in the indenture, at a repurchase price of 101% of the principal amount plus accrued and unpaid interest. Additionally, an event of default may result in the acceleration of the maturity of the 3.924% Notes and 4.393% Notes. 2.125% Convertible Senior Notes Due 2026 During the nine months ended September 30, 2023 and September 24, 2022, the activity on the 2.125% Notes was immaterial. Future Debt Payment Obligations As of September 30, 2023, the Company’s future principal debt payment obligations were as follows: Fiscal Year (In millions) 2024 $ 750 2028 and thereafter 1,750 Total $ 2,500 Revolving Credit Facility The Company has $3.0 billion available under a revolving credit agreement, as amended, that expires on April 29, 2027 (Revolving Credit Agreement). As of September 30, 2023, the Company had no outstanding borrowings under the Revolving Credit Agreement. Revolving loans under the Revolving Credit Agreement can be either Secure Overnight Financing Rate (SOFR) Loans or Base Rate Loans (each as defined in the Revolving Credit Agreement) at the Company's option. Each SOFR Loan will bear interest at a rate per annum equal to the applicable SOFR plus a margin between 0.625% and 1.250%. Each Base Rate Loan will bear interest equal to the Base Rate plus a margin between 0.000% and 0.250%. The Revolving Credit Agreement also contains a sustainability-linked pricing component which provides for interest rate and facility fee reductions or increases based on the Company meeting or missing targets related to environmental sustainability, specifically greenhouse gas emissions. The Revolving Credit Agreement contains customary representations and warranties, affirmative and negative covenants, and events of default applicable to the Company and its subsidiaries. As of September 30, 2023, the Company was in compliance with these covenants. Commercial Paper On November 3, 2022, the Company established a commercial paper program, under which the Company may issue unsecured commercial paper notes up to a maximum principal amount outstanding at any time of $3 billion with a maturity of up to 397 days from the date of issue. The commercial paper will be sold at a discount from par or, alternatively, will be sold at par and bear interest at rates that will vary based on market conditions at the time of issuance. As of September 30, 2023, the Company had no commercial paper outstanding.

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Fair Value Disclosures	Financial Instruments Fair Value Measurements The Company’s financial instruments are measured and recorded at fair value on a recurring basis, except for non-marketable equity investments in privately-held companies. These equity investments are generally accounted for under the measurement alternative, defined as cost, less impairments, adjusted for subsequent observable price changes and are periodically assessed for impairment when events or circumstances indicate that a decline in value may have occurred. Financial Instruments Recorded at Fair Value on a Recurring Basis September 30, 2023 December 31, 2022 (In millions) Level 1 Level 2 Total Level 1 Level 2 Total Cash equivalents Money market funds $ 1,711 $ — $ 1,711 $ 3,017 $ — $ 3,017 Commercial paper — 822 822 — 224 224 U.S. Treasury and agency securities 229 — 229 — — — Time deposits and certificate of deposits — 212 212 — 159 159 Foreign government securities — 47 47 — — — Short-term investments Commercial paper — 464 464 — 441 441 Time deposits and certificates of deposits — 7 7 — — — Asset-backed and mortgage-backed securities — 34 34 — 39 39 U.S. Treasury and agency securities 1,518 — 1,518 466 — 466 Foreign government securities — 149 149 — 74 74 Equity investments 52 — 52 — — — Other non-current assets Time deposits and certificates of deposits — 3 3 — 9 9 Equity investments — — — 8 — 8 Deferred compensation plan investments 110 — 110 90 — 90 Total assets measured at fair value $ 3,620 $ 1,738 $ 5,358 $ 3,581 $ 946 $ 4,527 Deferred compensation plan investments are primarily mutual fund investments held in a Rabbi trust established to maintain the Company’s executive deferred compensation plan. The following is a summary of cash equivalents and short-term investments: September 30, 2023 December 31, 2022 Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair (in millions) (in millions) Asset-backed and mortgage-backed securities $ 37 $ — $ (3) $ 34 $ 42 $ — $ (3) $ 39 Commercial paper 1,286 — — 1,286 669 — (4) 665 Money market funds 1,711 — — 1,711 3,017 — — 3,017 Time deposits and certificates of deposits 219 — — 219 159 — — 159 U.S. Treasury and agency securities 1,750 — (3) 1,747 471 — (5) 466 Foreign government securities 196 — — 196 74 — — 74 Equity investments 50 2 — 52 — — — — $ 5,249 $ 2 $ (6) $ 5,245 $ 4,432 $ — $ (12) $ 4,420 As of September 30, 2023, the Company did not have material available-for-sale debt securities which had been in a continuous unrealized loss position of more than twelve months. The contractual maturities of cash equivalents and investments classified as available-for-sale are as follows: September 30, 2023 December 31, 2022 Amortized Cost Fair Value Amortized Cost Fair Value (In millions) (In millions) Due within 1 year $ 3,067 $ 3,063 $ 1,224 $ 1,218 Due in 1 year through 5 years 391 391 159 156 Due in 5 years and later 33 31 41 38 $ 3,491 $ 3,485 $ 1,424 $ 1,412 Financial Instruments Not Recorded at Fair Value The Company carries its financial instruments at fair value except for its debt. The carrying amounts and estimated fair values of the Company’s debt are as follows: September 30, 2023 December 31, 2022 Carrying Estimated Carrying Estimated (In millions) (In millions) Current portion of long-term debt, net $ 752 $ 735 $ — $ — Long-term debt, net of current portion $ 1,715 $ 1,483 $ 2,467 $ 2,281 The estimated fair value of the Company’s long-term debt is based on Level 2 inputs of quoted prices for the Company’s debt and comparable instruments in inactive markets. The fair value of the Company’s accounts receivable, accounts payable and other short-term obligations approximate their carrying value based on existing terms. Financial Instruments Measured at Fair Value on a Non-Recurring Basis The Company’s investments in non-marketable securities in privately-held companies are recorded using a measurement alternative that adjusts the securities to fair value when the Company recognizes an observable price adjustment or an impairment. As of September 30, 2023 and December 31, 2022, the Company had non-marketable securities in privately-held companies of $148 million and $137 million, respectively, that are recorded under Other non-current assets in the balance sheet. Impairment losses or observable price adjustments were not material during the three and nine months ended September 30, 2023 and September 24, 2022. Hedging Transactions and Derivative Financial Instruments Foreign Currency Forward Contracts Designated as Accounting Hedges The Company enters into foreign currency forward contracts to hedge its exposure to foreign currency exchange rate risk related to future forecasted transactions denominated in currencies other than the U.S. Dollar. These contracts generally mature within 24 months and are designated as accounting hedges. As of September 30, 2023 and December 31, 2022, the notional value of the Company’s outstanding foreign currency forward contracts designated as cash flow hedges was $2.3 billion and $1.9 billion, respectively. The fair value of these contracts, recorded as a liability, was $38 million and $27 million as of September 30, 2023 and December 31, 2022, respectively. Foreign Currency Forward Contracts Not Designated as Accounting Hedges The Company also enters into foreign currency forward contracts to reduce the short-term effects of foreign currency fluctuations on certain receivables or payables denominated in currencies other than the U.S. Dollar. These forward contracts generally mature within 3 months and are not designated as accounting hedges. As of September 30, 2023 and December 31, 2022, the notional value of these outstanding contracts was $673 million and $485 million, respectively. The fair value of these contracts was not material as of September 30, 2023 and December 31, 2022.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table sets forth the components of basic and diluted earnings per share: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions, except per share amounts) Numerator Net income for basic earnings per share $ 299 $ 66 $ 187 $ 1,299 Denominator Basic weighted average shares 1,616 1,615 1,613 1,542 Potentially dilutive shares from employee equity plans and warrants 13 10 12 13 Diluted weighted average shares 1,629 1,625 1,625 1,555 Earnings per share: Basic $ 0.18 $ 0.04 $ 0.12 $ 0.84 Diluted $ 0.18 $ 0.04 $ 0.11 $ 0.84

Common Stock and Employee Equit

Common Stock and Employee Equity Plans	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Common Stock and Employee Equity Plans	Common Stock and Employee Equity Plans Common Stock Shares of common stock outstanding were as follows: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions) Balance, beginning of period 1,614 1,612 1,612 1,207 Common stock issued in the acquisition of Xilinx — — — 429 Common stock issued under employee equity plans 9 10 14 14 Common stock repurchases for tax withholding on equity awards (3) (3) (4) (5) Issuance of common stock upon warrant exercise — — 1 — Repurchases of common stock (5) (7) (8) (33) Balance, end of period 1,615 1,612 1,615 1,612 Stock Repurchase Program The Company has an approved stock repurchase program authorizing repurchases of up to $12 billion of the Company’s common stock (Repurchase Program). During the three and nine months ended September 30, 2023, the Company returned $511 million and $752 million to shareholders through the repurchase of 5 million and 8 million shares of its common stock under the Repurchase Program, respectively. As of September 30, 2023, $5.8 billion remains available for future stock repurchases under the Repurchase Program. The Repurchase Program does not obligate the Company to acquire any common stock, has no termination date and may be suspended or discontinued at any time. Stock-based Compensation Stock-based compensation expense recorded in the Condensed Consolidated Statements of Operations was as follows: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions) Cost of sales $ 6 $ 8 $ 24 $ 20 Research and development 260 185 721 478 Marketing, general and administrative 87 82 265 268 Total $ 353 $ 275 $ 1,010 $ 766

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company determines its income taxes for interim reporting periods by applying the Company’s estimated annual effective tax rate to the year-to-date results, adjusted for tax items discrete to each period. The difference between the U.S. federal statutory tax rate of 21% and the Company's estimated annual effective tax rate for the three and nine months ended September 30, 2023 and September 24, 2022 was primarily due to the income tax benefit from foreign-derived intangible income (FDII) and research and development tax credits. The Company recorded an income tax benefit of $39 million and $49 million for the three and nine months ended September 30, 2023, representing effective tax rates of (15.2)% and (35.8)%, respectively. The Company recorded the tax effects of stock-based compensation, uncertain tax positions, and other items discrete to the period resulting in income tax benefit of $17 million and $29 million for the three and nine months ended September 30, 2023, respectively. The Company recorded an income tax benefit of $135 million and a provision of $32 million for the three and nine months ended September 24, 2022, representing effective tax rates of 195.7% and 2.4%, respectively. For the three and nine months ended September 24, 2022, the impact of tax items discrete to the periods was not material to the total tax expense or the effective tax rate.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Management, including the Chief Operating Decision Maker (CODM), who is the Company’s Chief Executive Officer, reviews and assesses operating performance using segment net revenue and operating income (loss). These performance measures include the allocation of expenses to the reportable segments based on management’s judgment. The Company’s four reportable segments are: • the Data Center segment, which primarily includes server microprocessors (CPUs) and graphics processing units (GPUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs) and Adaptive System-on-Chip (SoC) products for data centers; • the Client segment, which primarily includes CPUs, accelerated processing units (APUs) that integrate CPUs and GPUs, and chipsets for desktop and notebook personal computers; • the Gaming segment, which primarily includes discrete GPUs, semi-custom SoC products and development services; and • the Embedded segment, which primarily includes embedded CPUs and GPUs, APUs, FPGAs and Adaptive SoC products. From time to time, the Company may also sell or license portions of its IP portfolio. In addition to these reportable segments, the Company has an All Other category, which is not a reportable segment. This category primarily includes certain expenses and credits that are not allocated to any of the reportable segments because the CODM does not consider these expenses and credits in evaluating the performance of the reportable segments. This category primarily includes amortization of acquisition-related intangibles, employee stock-based compensation expense, acquisition-related costs and licensing gain. Acquisition-related costs primarily include transaction costs, purchase price adjustments for inventory, certain compensation charges, contract termination and workforce rebalancing charges. The following table provides a summary of net revenue and operating income by segment: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions) Net revenue: Data Center $ 1,598 $ 1,609 $ 4,214 $ 4,388 Client 1,453 1,022 3,190 5,298 Gaming 1,506 1,631 4,844 5,161 Embedded 1,243 1,303 4,264 3,155 Total net revenue $ 5,800 $ 5,565 $ 16,512 $ 18,002 Operating income (loss): Data Center $ 306 $ 505 $ 601 $ 1,404 Client 140 (26) (101) 1,342 Gaming 208 142 747 687 Embedded 612 635 2,167 1,553 All Other (1) (1,042) (1,320) (3,355) (3,573) Total operating income (loss) $ 224 $ (64) $ 59 $ 1,413 (1) For the three and nine months ended September 30, 2023, all other operating losses primarily included $660 million and $2.2 billion of amortization of acquisition-related intangibles, $353 million and $1.0 billion of stock-based compensation expense and $39 million and $184 million of acquisition-related costs, respectively. For the three and nine months ended September 24, 2022, all other operating losses primarily included $1.0 billion and $2.5 billion of amortization of acquisition-related intangibles, $275 million and $766 million of stock-based compensation expense and $51 million and $400 million of acquisition-related costs, respectively.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Commitments and Contingencies Commitments The Company’s purchase commitments primarily include obligations to purchase wafers and substrates from third parties. These purchase obligations were made under noncancellable purchase orders or contractual obligations requiring minimum purchases for which cancellation would lead to significant penalties. Purchase commitments also include future payments related to certain software, technology and IP licenses. Total future unconditional purchase commitments as of September 30, 2023 were as follows: Fiscal Year (In millions) Remainder of 2023 $ 2,426 2024 1,893 2025 343 2026 182 2027 51 2028 and thereafter 146 Total unconditional purchase commitments $ 5,041 On an ongoing basis, the Company works with suppliers on timing of payments and deliveries of purchase commitments, taking into account business conditions. Contingencies During the quarterly period ended September 30, 2023, there were no material legal proceedings. The Company is a defendant or plaintiff in various actions that arose in the normal course of business. With respect to these matters, based on management’s current knowledge, the Company believes that the amount or range of reasonably possible loss, if any, will not, either individually or in the aggregate, have a material adverse effect on the Company’s financial position, results of operations, or cash flows.

The Company

The Company	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company	The CompanyAdvanced Micro Devices, Inc. is a global semiconductor company. References herein to AMD or the Company mean Advanced Micro Devices, Inc. and its consolidated subsidiaries. AMD’s products include x86 microprocessors (CPUs) and graphics processing units (GPUs), as standalone devices or as incorporated into accelerated processing units (APUs), chipsets, data center and professional GPUs, embedded processors, semi-custom System-on-Chip (SoC) products, microprocessor and SoC development services and technology, data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive SoC products. From time to time, the Company may also sell or license portions of its intellectual property (IP) portfolio.

Intangible Assets, Goodwill and

Intangible Assets, Goodwill and Other	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	Acquisition-related Intangible Assets Xilinx Acquisition On February 14, 2022, the Company completed the acquisition of Xilinx for a total purchase consideration of $48.8 billion. The Company allocated the purchase price to $27.3 billion of identified intangible assets and $1.3 billion of net liabilities, with the excess purchase price of $22.8 billion recorded as goodwill. Pensando Acquisition On May 26, 2022, the Company completed the acquisition of Pensando Systems, Inc. (Pensando) for a total purchase consideration of $1.7 billion. The Company allocated the purchase price to 349 million of identified intangible assets and 208 million of other net assets, with the excess purchase price of $1.1 billion recorded as goodwill. Acquisition-related Intangible Assets Acquisition-related intangibles were as follows: September 30, 2023 December 31, 2022 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) (In millions) Developed technology $ 12,372 $ (1,368) $ 11,004 $ 12,360 $ (738) $ 11,622 Customer relationships 12,324 (3,355) 8,969 12,324 (1,973) 10,351 Customer backlog 809 (809) — 809 (712) 97 Corporate trade name 65 (65) — 65 (57) 8 Product trademarks 914 (127) 787 914 (68) 846 Identified intangible assets subject to amortization 26,484 (5,724) 20,760 26,472 (3,548) 22,924 IPR&D not subject to amortization 1,190 — 1,190 1,194 — 1,194 Total acquisition-related intangible assets $ 27,674 $ (5,724) $ 21,950 $ 27,666 $ (3,548) $ 24,118 Acquisition-related intangible amortization expense was $660 million and $2.2 billion for the three and nine months ended September 30, 2023, respectively. Acquisition-related intangible amortization expense was $1.0 billion and $2.5 billion for the three and nine months ended September 24, 2022, respectively. Based on the carrying value of acquisition-related intangibles recorded as of September 30, 2023, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows: Fiscal Year (In millions) Remainder of 2023 $ 630 2024 2,290 2025 2,065 2026 1,954 2027 1,844 2028 and thereafter 11,977 Total $ 20,760

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Pay vs Performance Disclosure
Net income	$ 299	$ 66	$ 187	$ 1,299

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2023 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On August 18, 2023, Victor Peng, President, AMD, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to 100,000 shares of the Company’s common stock until November 20, 2024.
Name	Victor Peng
Title	President, AMD
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 18, 2023
Termination Date	November 20, 2024
Aggregate Available	100,000

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation and Significant Accounting Policies Basis of Presentation. The accompanying unaudited condensed consolidated financial statements of AMD have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. The results of operations for the three and nine months ended September 30, 2023 shown in this report are not necessarily indicative of results to be expected for the full year ending December 30, 2023 or any other future period. In the opinion of the Company’s management, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s results of operations, financial position, cash flows and stockholders’ equity. All such adjustments are of a normal, recurring nature. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. Certain immaterial prior period amounts have been reclassified to conform to current period presentation. The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three and nine months ended September 30, 2023 and September 24, 2022 each consisted of 13 and 39 weeks, respectively. Use of Estimates. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill and long-lived assets, and income taxes. Significant Accounting Policies. There have been no material changes to the Company’s significant accounting policies in Note 2 - Basis of Presentation and Significant Accounting Policies, of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022.
Fiscal Period	The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three and nine months ended September 30, 2023 and September 24, 2022 each consisted of 13 and 39 weeks, respectively. Use of Estimates. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill and long-lived assets, and income taxes.

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	9 Months Ended
	Sep. 30, 2023
Balance Sheet Related Disclosures [Abstract]
Inventories	Inventories September 30, December 31, (In millions) Raw materials $ 245 $ 231 Work in process 3,270 2,648 Finished goods 930 892 Total inventories $ 4,445 $ 3,771
Schedule of Other Current Assets	Prepaid Expenses and Other Current Assets September 30, December 31, (In millions) Prepaid supply agreements $ 913 $ 673 Other 490 592 Total prepaid expenses and other current assets $ 1,403 $ 1,265 Prepaid supply agreements relate to the short-term portion of payments made to vendors to secure long-term supply capacity.
Property and Equipment, Net	Property and Equipment, net September 30, December 31, (In millions) Land, building and leasehold improvements $ 800 $ 714 Equipment 2,295 2,163 Construction in progress 201 143 Property and equipment, gross 3,296 3,020 Accumulated depreciation (1,730) (1,507) Total property and equipment, net $ 1,566 $ 1,513
Accrued Liabilities	Accrued Liabilities September 30, December 31, (In millions) Accrued marketing programs $ 896 $ 876 Accrued compensation and benefits 871 701 Customer program liabilities 723 859 Other accrued liabilities 886 641 Total accrued liabilities $ 3,376 $ 3,077 Other Current Liabilities September 30, December 31, (In millions) Tax liabilities $ 769 $ 156 Other current liabilities 160 180 Total other current liabilities $ 929 $ 336

Debt and Revolving Facility (Ta

Debt and Revolving Facility (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Debt	The Company’s total debt as of September 30, 2023 and December 31, 2022 consisted of the following: September 30, December 31, (In millions) 2.95% Senior Notes Due 2024 (2.95% Notes) $ 750 $ 750 2.125% Convertible Senior Notes Due 2026 (2.125% Notes) — 1 2.375% Senior Notes Due 2030 (2.375% Notes) 750 750 3.924% Senior Notes Due 2032 (3.924% Notes) 500 500 4.393% Senior Notes Due 2052 (4.393% Notes) 500 500 Total debt (principal amount) 2,500 2,501 Unamortized debt premium, discount and issuance costs, net (33) (34) Total debt (net) 2,467 2,467 Less: current portion of long-term debt (principal amount) (750) — Less: unamortized debt premium related to current portion of debt (2) — Total long-term debt $ 1,715 $ 2,467
Schedule of Maturities of Long-term Debt	Future Debt Payment Obligations As of September 30, 2023, the Company’s future principal debt payment obligations were as follows: Fiscal Year (In millions) 2024 $ 750 2028 and thereafter 1,750 Total $ 2,500

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Fair Value, Assets Measured on Recurring Basis	Financial Instruments Recorded at Fair Value on a Recurring Basis September 30, 2023 December 31, 2022 (In millions) Level 1 Level 2 Total Level 1 Level 2 Total Cash equivalents Money market funds $ 1,711 $ — $ 1,711 $ 3,017 $ — $ 3,017 Commercial paper — 822 822 — 224 224 U.S. Treasury and agency securities 229 — 229 — — — Time deposits and certificate of deposits — 212 212 — 159 159 Foreign government securities — 47 47 — — — Short-term investments Commercial paper — 464 464 — 441 441 Time deposits and certificates of deposits — 7 7 — — — Asset-backed and mortgage-backed securities — 34 34 — 39 39 U.S. Treasury and agency securities 1,518 — 1,518 466 — 466 Foreign government securities — 149 149 — 74 74 Equity investments 52 — 52 — — — Other non-current assets Time deposits and certificates of deposits — 3 3 — 9 9 Equity investments — — — 8 — 8 Deferred compensation plan investments 110 — 110 90 — 90 Total assets measured at fair value $ 3,620 $ 1,738 $ 5,358 $ 3,581 $ 946 $ 4,527
Summary of Investment Holdings, Schedule of Investments	The following is a summary of cash equivalents and short-term investments: September 30, 2023 December 31, 2022 Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair (in millions) (in millions) Asset-backed and mortgage-backed securities $ 37 $ — $ (3) $ 34 $ 42 $ — $ (3) $ 39 Commercial paper 1,286 — — 1,286 669 — (4) 665 Money market funds 1,711 — — 1,711 3,017 — — 3,017 Time deposits and certificates of deposits 219 — — 219 159 — — 159 U.S. Treasury and agency securities 1,750 — (3) 1,747 471 — (5) 466 Foreign government securities 196 — — 196 74 — — 74 Equity investments 50 2 — 52 — — — — $ 5,249 $ 2 $ (6) $ 5,245 $ 4,432 $ — $ (12) $ 4,420
Investments Classified by Contractual Maturity Date	The contractual maturities of cash equivalents and investments classified as available-for-sale are as follows: September 30, 2023 December 31, 2022 Amortized Cost Fair Value Amortized Cost Fair Value (In millions) (In millions) Due within 1 year $ 3,067 $ 3,063 $ 1,224 $ 1,218 Due in 1 year through 5 years 391 391 159 156 Due in 5 years and later 33 31 41 38 $ 3,491 $ 3,485 $ 1,424 $ 1,412
Financial Instruments Not Recorded at Fair Value	The Company carries its financial instruments at fair value except for its debt. The carrying amounts and estimated fair values of the Company’s debt are as follows: September 30, 2023 December 31, 2022 Carrying Estimated Carrying Estimated (In millions) (In millions) Current portion of long-term debt, net $ 752 $ 735 $ — $ — Long-term debt, net of current portion $ 1,715 $ 1,483 $ 2,467 $ 2,281

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Components of Basic and Diluted Earnings (Loss) Per Share	The following table sets forth the components of basic and diluted earnings per share: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions, except per share amounts) Numerator Net income for basic earnings per share $ 299 $ 66 $ 187 $ 1,299 Denominator Basic weighted average shares 1,616 1,615 1,613 1,542 Potentially dilutive shares from employee equity plans and warrants 13 10 12 13 Diluted weighted average shares 1,629 1,625 1,625 1,555 Earnings per share: Basic $ 0.18 $ 0.04 $ 0.12 $ 0.84 Diluted $ 0.18 $ 0.04 $ 0.11 $ 0.84

Common Stock and Employee Equ_2

Common Stock and Employee Equity Plans (Tables) - USD ($) shares in Thousands, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Sep. 24, 2022
Equity [Abstract]
Schedule of Common Shares Outstanding		Common Stock Shares of common stock outstanding were as follows: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions) Balance, beginning of period 1,614 1,612 1,612 1,207 Common stock issued in the acquisition of Xilinx — — — 429 Common stock issued under employee equity plans 9 10 14 14 Common stock repurchases for tax withholding on equity awards (3) (3) (4) (5) Issuance of common stock upon warrant exercise — — 1 — Repurchases of common stock (5) (7) (8) (33) Balance, end of period 1,615 1,612 1,615 1,612
Share-based Payment Arrangement, Expensed and Capitalized, Amount		Stock-based Compensation Stock-based compensation expense recorded in the Condensed Consolidated Statements of Operations was as follows: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions) Cost of sales $ 6 $ 8 $ 24 $ 20 Research and development 260 185 721 478 Marketing, general and administrative 87 82 265 268 Total $ 353 $ 275 $ 1,010 $ 766
Stock Repurchased During Period, Shares	5,000	8,000
Payments for Repurchase of Common Stock		$ 752	$ 3,452

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Summary of Net Revenue and Operating Income (Loss) by Segment	The following table provides a summary of net revenue and operating income by segment: Three Months Ended Nine Months Ended September 30, September 24, September 30, September 24, (In millions) Net revenue: Data Center $ 1,598 $ 1,609 $ 4,214 $ 4,388 Client 1,453 1,022 3,190 5,298 Gaming 1,506 1,631 4,844 5,161 Embedded 1,243 1,303 4,264 3,155 Total net revenue $ 5,800 $ 5,565 $ 16,512 $ 18,002 Operating income (loss): Data Center $ 306 $ 505 $ 601 $ 1,404 Client 140 (26) (101) 1,342 Gaming 208 142 747 687 Embedded 612 635 2,167 1,553 All Other (1) (1,042) (1,320) (3,355) (3,573) Total operating income (loss) $ 224 $ (64) $ 59 $ 1,413 (1) For the three and nine months ended September 30, 2023, all other operating losses primarily included $660 million and $2.2 billion of amortization of acquisition-related intangibles, $353 million and $1.0 billion of stock-based compensation expense and $39 million and $184 million of acquisition-related costs, respectively. For the three and nine months ended September 24, 2022, all other operating losses primarily included $1.0 billion and $2.5 billion of amortization of acquisition-related intangibles, $275 million and $766 million of stock-based compensation expense and $51 million and $400 million of acquisition-related costs, respectively.

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Recorded Unconditional Purchase Obligations	Total future unconditional purchase commitments as of September 30, 2023 were as follows: Fiscal Year (In millions) Remainder of 2023 $ 2,426 2024 1,893 2025 343 2026 182 2027 51 2028 and thereafter 146 Total unconditional purchase commitments $ 5,041

Intangible Assets, Goodwill a_2

Intangible Assets, Goodwill and Other (Tables)	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class	September 30, 2023 December 31, 2022 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) (In millions) Developed technology $ 12,372 $ (1,368) $ 11,004 $ 12,360 $ (738) $ 11,622 Customer relationships 12,324 (3,355) 8,969 12,324 (1,973) 10,351 Customer backlog 809 (809) — 809 (712) 97 Corporate trade name 65 (65) — 65 (57) 8 Product trademarks 914 (127) 787 914 (68) 846 Identified intangible assets subject to amortization 26,484 (5,724) 20,760 26,472 (3,548) 22,924 IPR&D not subject to amortization 1,190 — 1,190 1,194 — 1,194 Total acquisition-related intangible assets $ 27,674 $ (5,724) $ 21,950 $ 27,666 $ (3,548) $ 24,118
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Based on the carrying value of acquisition-related intangibles recorded as of September 30, 2023, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows: Fiscal Year (In millions) Remainder of 2023 $ 630 2024 2,290 2025 2,065 2026 1,954 2027 1,844 2028 and thereafter 11,977 Total $ 20,760

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Feb. 14, 2022
Disaggregation of Revenue [Line Items]
Deferred tax liabiilty	$ 1,152	$ 1,934
Xilinx
Disaggregation of Revenue [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 27,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 27,300

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Accounts Receivable, Net
Unbilled contracts receivable		$ 1,100
Inventories
Raw materials	$ 245	231
Work in process	3,270	2,648
Finished goods	930	892
Inventories, Total	4,445	3,771
Property and Equipment, Net
Land, building and leasehold improvements	800	714
Equipment	2,295	2,163
Construction in progress	201	143
Property and equipment, gross	3,296	3,020
Accumulated depreciation	(1,730)	(1,507)
Total property and equipment, net	1,566	1,513
Accrued Liabilities
Accrued compensation and benefits	871	701
Customer program liabilities	723	859
Accrued marketing programs	896	876
Other accrued liabilities	886	641
Total accrued liabilities	3,376	3,077
Prepaid Expenses and Other Current Assets [Line Items]
Other	490	592
Prepaid expenses and other current assets	1,403	1,265
Accrued Income Taxes, Current	769	156
Other current liabilities	929	336
Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Current Assets [Line Items]
Prepaid supply agreements	913	673
Other Current Liabilities
Prepaid Expenses and Other Current Assets [Line Items]
Other Liabilities	160	180
Other Liabilities	$ 160	$ 180

Supplemental Balance Sheet In_4

Supplemental Balance Sheet Information - Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Balance Sheet Related Disclosures [Abstract]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	$ 192		$ 192
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	192		192
Amortization of Intangible Assets	660	$ 1,000	2,200	$ 2,500
Cost of sales
Balance Sheet Related Disclosures [Abstract]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	129		129
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	$ 129		$ 129
Transferred over Time
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of Revenue to Total Revenue	2,500%	30%	700%	24%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-03-26
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	12 months		12 months

Related Parities - Equity Joi_2

Related Parities - Equity Joint Ventures (Details) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($) joint_venture shares	Sep. 24, 2022 USD ($) shares	Sep. 30, 2023 USD ($) joint_venture shares	Sep. 24, 2022 USD ($) shares	Dec. 31, 2022 USD ($)	Apr. 29, 2022 USD ($)
Summary of Investment Holdings [Line Items]
Equity income in investee	$ 3	$ 4	$ 10	$ 11
Carrying value of investment	93		93		$ 83
Other current liabilities	929		929		336
Receivables from related parties	1		1
Amortization of Intangible Assets	660	1,000	2,200	2,500
Share-based compensation expense	$ 353	$ 275	$ 1,010	$ 766
Common stock, par value
Summary of Investment Holdings [Line Items]
Stock Issued During Period, Shares, Acquisitions | shares	0	0	0	429
Revolving Credit Facility [Member] | Secured Revolving Credit Facility
Summary of Investment Holdings [Line Items]
Maximum borrowing capacity						$ 3,000
All Other
Summary of Investment Holdings [Line Items]
Amortization of Intangible Assets	$ 660	$ 1,000	$ 2,200	$ 2,500
Business Combination, Acquisition Related Costs	$ 39	51	$ 184	400
Joint Venture | ATMP JV
Summary of Investment Holdings [Line Items]
Ownership percentage	15%		15%
Number of joint ventures | joint_venture	2		2
Purchases from related party	$ 448	455	$ 1,200	1,200
Resale to ATMP JV	2	5	5	13
Equity income in investee	3	4	10	11
Carrying value of investment	93		93		83
Estimated license fees expected to be earned over several years pursuant to a licensing agreement	10	$ 8	28	$ 97
Other current liabilities	$ 325		$ 325		463
Receivables from related parties					2
Joint Venture | THATIC JV
Summary of Investment Holdings [Line Items]
Number of joint ventures | joint_venture	2		2
Carrying value of investment	$ 0		$ 0		$ 0

Debt and Revolving Facility - S

Debt and Revolving Facility - Schedule of Debt (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Unamortized debt premium, discount and issuance costs, net	$ (33)	$ (34)
Total debt (net)	2,467	2,467
Long-Term Debt, Current Maturities	750	0
Debt Instrument, Unamortized Premium, Current	(2)	0
Long-term debt	$ 1,715	2,467
2.125% Convertible Senior Notes due 2026 | Convertible Debt
Debt Instrument [Line Items]
Stated interest rate	2.125%
Total debt (principal amount)	$ 0	1
2.95% Senior Notes due 2024 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)	750	750
2.375% Senior Notes due 2030 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)	750	750
Principal Balance Due
Debt Instrument [Line Items]
Total debt (principal amount)	2,500	2,501
Long-Term Debt, Maturity, Year Two	750
Long-Term Debt, Maturity, after Year Five	$ 1,750
3.924% Senior Note due 2032 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate	3.924%
Total debt (principal amount)	$ 500	500
4.393% Senior Notes due 2052 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate	4.393%
Total debt (principal amount)	$ 500	$ 500

Debt and Revolving Facility - N

Debt and Revolving Facility - Narrative (Details) - USD ($) $ in Millions	Apr. 29, 2022	Sep. 30, 2023	Dec. 31, 2022	Nov. 03, 2022
2.125% Convertible Senior Notes due 2026 | Convertible Debt
Debt Instrument [Line Items]
Stated interest rate		2.125%
Total debt (principal amount)		$ 0	$ 1
2.95% Senior Notes due 2024 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)		750	750
2.375% Senior Notes due 2030 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)		$ 750	750
4.393% Senior Notes due 2052 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate		4.393%
Total debt (principal amount)		$ 500	500
3.924% Senior Note due 2032 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate		3.924%
Total debt (principal amount)		$ 500	$ 500
3.924% and 4.393% Senior Notes due 2032 and 2052 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)		$ 1,000
Secured Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Secured Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.625%
Secured Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Secured Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0%
Secured Revolving Credit Facility | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 3,000
Commercial Paper [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 3,000

Debt and Revolving Facility Pay

Debt and Revolving Facility Payment Due (Details) - Principal Balance Due $ in Millions	Sep. 30, 2023 USD ($)
Debt Instrument [Line Items]
Long-Term Debt, Maturity, after Year Five	$ 1,750
Long-Term Debt, Maturity, Year Two	$ 750

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Dec. 31, 2022
Other Fair Value Disclosure [Line Items]
Short-term investments	$ 2,224		$ 1,020
Equity Securities, FV-NI, Gain (Loss)	(1)	$ (57)
Equity Securities without Readily Determinable Fair Value, Amount	148		137
Debt Securities, Available-for-sale, Amortized Cost	5,249		4,432
Short-term Investments
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	3,491		1,424
Foreign Exchange Contract | Cash Flow Hedging
Other Fair Value Disclosure [Line Items]
Derivative Instruments in Hedges, Liabilities, at Fair Value	$ 38		$ 27

Financial Instruments - Schedul

Financial Instruments - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments not Recorded at Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 24, 2022
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Amortized Cost	$ 3,067	$ 1,224
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	3,063	1,218
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	391	159
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	391	156
Debt Securities, Available-for-sale, Amortized Cost	5,249	4,432
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	2	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(6)	(12)
Debt Securities, Available-for-sale	5,245	4,420
Equity Securities without Readily Determinable Fair Value, Amount	148	137
Foreign Exchange Contract | Cash Flow Hedging
Other Fair Value Disclosure [Line Items]
Derivative Instruments in Hedges, Liabilities, at Fair Value	38	27
Derivative Instruments in Hedges, Liabilities, at Fair Value	38	27
Short-term Investments
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	3,491	1,424
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	3,485	1,412
Available for Sale Securities Maturing in Five Years and Later
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	33	41
Debt Securities, Available-for-sale	31	38
Carrying Amount
Summary of Investment Holdings [Line Items]
Current portion of long-term debt, net	752	0
Notes Payable, Fair Value Disclosure	1,715	2,467
Estimated Fair Value | Level 2
Summary of Investment Holdings [Line Items]
Current portion of long-term debt, net	735	0
Notes Payable, Fair Value Disclosure	1,483	2,281
Government money market funds
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	1,711	3,017
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	1,711	3,017
Commercial Paper [Member]
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	1,286	669
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	(4)
Debt Securities, Available-for-sale	1,286	665
US Government Agencies Debt Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	1,750	471
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(3)	(5)
Debt Securities, Available-for-sale	1,747	466
Sovereign Debt Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	196	74
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	196	74
Bank Time Deposits [Member]
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	219	159
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	219	159
Asset-backed Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	37	42
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(3)	(3)
Debt Securities, Available-for-sale	34	$ 39
Equity Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	50		$ 0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	2		0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0		0
Debt Securities, Available-for-sale	$ 52		$ 0

Financial Instruments - Cash, C

Financial Instruments - Cash, Cash Equivalents, and Marketable Securities Fair Value Measurements (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Sep. 24, 2022
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 5,358	$ 4,527
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	3,620	3,581
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	1,738	946
Cash and Cash Equivalents | Fair Value, Recurring | Government money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,711	3,017
Cash and Cash Equivalents | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	822	224
Cash and Cash Equivalents | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	229	0	$ 0
Investments, Fair Value Disclosure	1,518	466
Cash and Cash Equivalents | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	212	159
Investments, Fair Value Disclosure	212	159
Cash and Cash Equivalents | Fair Value, Recurring | Foreign Government Short-term Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	47
Cash and Cash Equivalents | Fair Value, Recurring | Sovereign Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	149	74
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Government money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,711	3,017
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	229	0
Investments, Fair Value Disclosure	1,518	466
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Investments, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Foreign Government Short-term Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Sovereign Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Government money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	822	224
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Investments, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	212	159
Investments, Fair Value Disclosure	212	159
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Foreign Government Short-term Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	47
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Sovereign Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	149	74
Short-term Investments | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	464	441
Short-term Investments | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	7
Short-term Investments | Fair Value, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	34	39
Short-term Investments | Fair Value, Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	52		0
Short-term Investments | Level 1 | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Short-term Investments | Level 1 | Fair Value, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Short-term Investments | Level 1 | Fair Value, Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	52		0
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	464	441
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	7
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	34	39
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0		$ 0
Other Noncurrent Assets | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	3	9
Other Noncurrent Assets | Fair Value, Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	8
Other Noncurrent Assets | Fair Value, Recurring | us-gaap_FairValueMeasurementsRecurring-Def Comp
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	110	90
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	8
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | us-gaap_FairValueMeasurementsRecurring-Def Comp
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	110	90
Other Noncurrent Assets | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	3	9
Other Noncurrent Assets | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Other Noncurrent Assets | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | us-gaap_FairValueMeasurementsRecurring-Def Comp
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 0	0
Foreign Exchange Contract | Cash Flow Hedging
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, term of contract	24 months
Derivative, notional amount	$ 2,300	1,900
Foreign Exchange Contract | Contracts not designated as hedging instruments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, term of contract	3 months
Derivative, notional amount	$ 673	$ 485

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Numerator
Net income for basic earnings per share	$ 299	$ 66	$ 187	$ 1,299
Denominator
Basic weighted-average shares (in shares)	1,616	1,615	1,613	1,542
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Employee equity plans and warrants (in shares)	13	10	12	13
Diluted weighted-average shares (in shares)	1,629	1,625	1,625	1,555
Diluted (in usd per share)	$ 0.18	$ 0.04	$ 0.11	$ 0.84
Basic (in usd per share)	$ 0.18	$ 0.04	$ 0.12	$ 0.84

Common Stock and Employee Equ_3

Common Stock and Employee Equity Plans - Common Stock Activity (Details) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period (in shares)			1,645,000
Balance, end of period (in shares)	1,660,000		1,660,000
Stock Repurchased During Period, Shares	(5,000)		(8,000)
Stock Repurchase Program, Authorized Amount	$ 12,000		$ 12,000
Payments for Repurchase of Common Stock			752	$ 3,452
Repurchases of common stock	511		752
Stock Repurchase Program, Remaining Authorized Repurchase Amount	5,800		5,800
Stock Repurchase Program, Authorized Amount	$ 12,000		$ 12,000
Common stock, par value
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period (in shares)	1,614,000	1,612,000	1,612,000	1,207,000
Common stock issued under employee equity plans (in shares)	9,000	10,000	14,000	14,000
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	(3,000)	(3,000)	(4,000)	(5,000)
Issuance of common stock to settle convertible debt (in shares)	0	0	1,000	0
Balance, end of period (in shares)	1,615,000	1,612,000	1,615,000	1,612,000
Stock Issued During Period, Shares, Acquisitions	0	0	0	429,000
Stock Repurchased During Period, Shares	(5,000)	(7,000)	(8,000)	(33,000)

Common Stock and Employee Equ_4

Common Stock and Employee Equity Plans - Schedule of Stock-based Compensation Expense (Details) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 353	$ 275	$ 1,010	$ 766
Stock Repurchased During Period, Shares	5,000		8,000
All Other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Business Combination, Acquisition Related Costs	$ 39	51	$ 184	400
Cost of sales
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	6	8	24	20
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	260	185	721	478
Marketing, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 87	$ 82	$ 265	$ 268

Common Stock and Employee Equ_5

Common Stock and Employee Equity Plans (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)
Equity [Abstract]
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 5,800	$ 5,800
Repurchases of common stock	$ 511	$ 752

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ (39)	$ (135)	$ (49)	$ 32
Effective tax rate	(15.20%)	195.70%	(35.80%)	2.40%
Income Taxes			Income Taxes The Company determines its income taxes for interim reporting periods by applying the Company’s estimated annual effective tax rate to the year-to-date results, adjusted for tax items discrete to each period. The difference between the U.S. federal statutory tax rate of 21% and the Company's estimated annual effective tax rate for the three and nine months ended September 30, 2023 and September 24, 2022 was primarily due to the income tax benefit from foreign-derived intangible income (FDII) and research and development tax credits. The Company recorded an income tax benefit of $39 million and $49 million for the three and nine months ended September 30, 2023, representing effective tax rates of (15.2)% and (35.8)%, respectively. The Company recorded the tax effects of stock-based compensation, uncertain tax positions, and other items discrete to the period resulting in income tax benefit of $17 million and $29 million for the three and nine months ended September 30, 2023, respectively. The Company recorded an income tax benefit of $135 million and a provision of $32 million for the three and nine months ended September 24, 2022, representing effective tax rates of 195.7% and 2.4%, respectively. For the three and nine months ended September 24, 2022, the impact of tax items discrete to the periods was not material to the total tax expense or the effective tax rate.
Deferred tax liabiilty	$ 1,152		$ 1,152		$ 1,934
Accrued Income Taxes, Noncurrent	1,500		1,500
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 17		$ 29

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022
Segment Reporting Information [Line Items]
Total net revenue	$ 5,800	$ 5,565	$ 16,512	$ 18,002
Total operating income (loss)	224	(64)	59	1,413
Share-based compensation expense	353	275	1,010	766
All Other
Segment Reporting Information [Line Items]
Total operating income (loss)	(1,042)	(1,320)	(3,355)	(3,573)
Data Center
Segment Reporting Information [Line Items]
Total net revenue	1,506	1,631	4,844	5,161
Data Center | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	208	142	747	687
Client
Segment Reporting Information [Line Items]
Total net revenue	1,598	1,609	4,214	4,388
Client | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	306	505	601	1,404
Gaming
Segment Reporting Information [Line Items]
Total net revenue	1,453	1,022	3,190	5,298
Gaming | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	140	(26)	(101)	1,342
Embedded
Segment Reporting Information [Line Items]
Total net revenue	1,243	1,303	4,264	3,155
Embedded | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	$ 612	$ 635	$ 2,167	$ 1,553

Contingencies (Details)

Contingencies (Details) $ in Millions	Sep. 30, 2023 USD ($)
Recorded Unconditional Purchase Obligation [Line Items]
Recorded Unconditional Purchase Obligation, to be Paid, Year One	$ 2,426
Recorded Unconditional Purchase Obligation, to be Paid, Year Two	1,893
Recorded Unconditional Purchase Obligation, to be Paid, Year Three	343
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Four	182
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Five	51
Unrecorded Unconditional Purchase Obligation, to be Paid, after Year Five	146
Recorded Unconditional Purchase Obligation	$ 5,041

Business Combinations and Asset

Business Combinations and Asset Acquisitions (Details) - USD ($) $ in Millions			3 Months Ended		9 Months Ended
	May 26, 2022	Feb. 14, 2022	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Cash Acquired from Acquisition					$ 0	$ 2,366
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable					0	275
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable					0	275
Goodwill			$ 24,186		24,186		$ 24,177
Cash Acquired from Acquisition					0	2,366
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability			17		29
Income tax provision (benefit)			(39)	$ (135)	(49)	32
Goodwill			24,186		24,186		24,177
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability			17		29
Income tax provision (benefit)			(39)	(135)	(49)	32
Amortization of Intangible Assets			660	1,000	2,200	2,500
All Other
Business Acquisition [Line Items]
Business Combination, Acquisition Related Costs			39	51	184	400
Business Combination, Acquisition Related Costs			39	51	184	400
Amortization of Intangible Assets			660	$ 1,000	2,200	2,500
Other Intangible Assets
Business Acquisition [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)			$ 1,190		1,190		$ 1,194
Common and Treasury Stock Issued
Business Combination and Asset Acquisition [Abstract]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable					0	48,514
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable					$ 0	$ 48,514
Xilinx
Business Combination and Asset Acquisition [Abstract]
Transaction value		$ 48,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		27,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		(1,300)
Business Acquisition [Line Items]
Transaction value		48,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		27,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		$ (1,300)
Pensando
Business Combination and Asset Acquisition [Abstract]
Transaction value	$ 1,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	349
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	208
Business Acquisition [Line Items]
Transaction value	1,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	349
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	208
Goodwill	1,100
Goodwill	$ 1,100

Intangible Assets, Goodwill a_3

Intangible Assets, Goodwill and Other (Details) - USD ($) $ in Millions			3 Months Ended		9 Months Ended
	May 26, 2022	Feb. 14, 2022	Sep. 30, 2023	Sep. 24, 2022	Sep. 30, 2023	Sep. 24, 2022	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net (Excluding Goodwill)			$ 21,950		$ 21,950		$ 24,118
Intangible Assets, Gross (Excluding Goodwill)		$ 27,674					27,666
Finite-Lived Intangible Assets, Gross			26,484		26,484		26,472
Finite-Lived Intangible Assets, Accumulated Amortization			5,724		5,724		3,548
Finite-Lived Intangible Assets, Net			20,760		20,760		22,924
Amortization of Intangible Assets			660	$ 1,000	2,200	$ 2,500
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year			630		630
Finite-Lived Intangible Asset, Expected Amortization, Year One			2,290		2,290
Finite-Lived Intangible Asset, Expected Amortization, Year Two			2,065		2,065
Finite-Lived Intangible Asset, Expected Amortization, Year Three			1,954		1,954
Finite-Lived Intangible Asset, Expected Amortization, Year Four			1,844		1,844
Finite-Lived Intangible Asset, Expected Amortization, after Year Five			11,977		11,977
Finite-Lived Intangible Asset, Expected Amortization, Year Five			11,977		11,977
Goodwill			24,186		24,186		24,177
Goodwill [Line Items]
Goodwill			24,186		24,186		24,177
Equity income in investee			3	4	10	11
Finite-Lived Intangible Assets, Accumulated Amortization			5,724		5,724		3,548
Finite-Lived Intangible Assets, Net			20,760		20,760		22,924
Finite-Lived Intangible Assets, Gross			26,484		26,484		26,472
Intangible Assets, Gross (Excluding Goodwill)		27,674					27,666
Intangible Assets, Net (Excluding Goodwill)			21,950		21,950		24,118
Amortization of Intangible Assets			660	1,000	2,200	2,500
Other Intangible Assets
Goodwill and Intangible Assets Disclosure [Abstract]
Indefinite-lived Intangible Assets (Excluding Goodwill)			1,190		1,190		1,194
Goodwill [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)			1,190		1,190		1,194
Developed Technology Rights
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross			12,372		12,372		12,360
Finite-Lived Intangible Assets, Accumulated Amortization			1,368		1,368		738
Finite-Lived Intangible Assets, Net			11,004		11,004		11,622
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization			1,368		1,368		738
Finite-Lived Intangible Assets, Net			11,004		11,004		11,622
Finite-Lived Intangible Assets, Gross			12,372		12,372		12,360
Customer Relationships
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross			12,324		12,324		12,324
Finite-Lived Intangible Assets, Accumulated Amortization			3,355		3,355		1,973
Finite-Lived Intangible Assets, Net			8,969		8,969		10,351
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization			3,355		3,355		1,973
Finite-Lived Intangible Assets, Net			8,969		8,969		10,351
Finite-Lived Intangible Assets, Gross			12,324		12,324		12,324
Customer Contracts
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross			809		809		809
Finite-Lived Intangible Assets, Accumulated Amortization			809		809		712
Finite-Lived Intangible Assets, Net			0		0		97
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization			809		809		712
Finite-Lived Intangible Assets, Net			0		0		97
Finite-Lived Intangible Assets, Gross			809		809		809
Trade Names
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross			65		65		65
Finite-Lived Intangible Assets, Accumulated Amortization			65		65		57
Finite-Lived Intangible Assets, Net			0		0		8
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization			65		65		57
Finite-Lived Intangible Assets, Net			0		0		8
Finite-Lived Intangible Assets, Gross			65		65		65
Trademarks
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross			914		914		914
Finite-Lived Intangible Assets, Accumulated Amortization			127		127		68
Finite-Lived Intangible Assets, Net			787		787		846
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization			127		127		68
Finite-Lived Intangible Assets, Net			787		787		846
Finite-Lived Intangible Assets, Gross			914		914		$ 914
Xilinx
Goodwill [Line Items]
Transaction value		48,800
Transaction value		48,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		27,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		(1,300)
Pensando
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 1,100
Goodwill [Line Items]
Goodwill	1,100
Transaction value	1,700
Transaction value	1,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	349
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	$ 208
ATMP JV | Joint Venture
Goodwill [Line Items]
Equity income in investee			$ 3	$ 4	$ 10	$ 11
Xilinx
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill		22,800
Goodwill [Line Items]
Goodwill		$ 22,800

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions		3 Months Ended
	May 26, 2022	Sep. 30, 2023
Subsequent Event [Line Items]
Subsequent Event, Description		Subsequent EventsOn October 27, 2023, the Company renewed its lease agreement on approximately 444,000 sq. ft. facility in Austin, Texas for a lease term extending through September 2038. Total noncancelable lease payments under the new lease are approximately $232 million.
Lessee, Operating Lease, Liability, Payments, Due		$ 232
Pensando
Subsequent Events [Abstract]
Transaction value	$ 1,700
Subsequent Event [Line Items]
Transaction value	$ 1,700