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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Cash flows from operating activities:    
Net income (loss) $ 1,308 $ 1,327
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Depreciation and amortization 448 564
Share-based compensation 229 201
Amortization of discount (premium) on debt, net 2 1
Amortization of debt issuance costs 3 4
Net (gain) loss on sale of assets (2) (1)
(Gain) loss on equity security, net 5 (5)
Results relating to equity-accounted investees 4 3
Deferred tax expense (benefit) (87) (137)
Changes in operating assets and liabilities:    
(Increase) decrease in receivables and other current assets (15) (158)
(Increase) decrease in inventories (14) (325)
Increase (decrease) in accounts payable and other liabilities (322) (92)
Decrease (increase) in other non-current assets 46 0
Exchange differences 8 10
Other items (1) (4)
Net cash provided by (used for) operating activities 1,612 1,388
Cash flows from investing activities:    
Purchase of identified intangible assets (87) (93)
Capital expenditures on property, plant and equipment (411) (452)
Insurance recoveries received for equipment damage 2 0
Proceeds from disposals of property, plant and equipment 3 1
Proceeds from Sale of Short-Term Investments 9 0
Purchase of investments (34) (62)
Proceeds from sale of investments 5 0
Net cash provided by (used for) investing activities (513) (606)
Cash flows from financing activities:    
Repayments of Notes Payable (1,000) 0
Dividends paid to common stockholders (521) (483)
Proceeds from issuance of common stock through stock plans 40 34
Purchase of treasury shares and restricted stock unit withholdings (613) (313)
Proceeds from (Payments for) Other Financing Activities (1) (1)
Net cash provided by (used for) financing activities (2,095) (763)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (7) (1)
Increase (decrease) in cash and cash equivalents (1,003) 18
Cash and cash equivalents at beginning of period 3,862 3,845
Cash and cash equivalents at end of period 2,859 3,863
Net cash paid during the period for:    
Interest 124 140
Income taxes, net of refunds 391 533
Cash proceeds from the sale of assets 3 1
WrittenDownValueOfAssetsSold (1) 0
Non-cash capital expenditures $ 166 $ 165