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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Sep. 29, 2024
Oct. 01, 2023
Income Statement [Abstract]        
Revenue $ 3,250 $ 3,434 $ 9,503 $ 9,854
Cost of revenue (1,384) (1,469) (4,062) (4,238)
Gross profit 1,866 1,965 5,441 5,616
Research and development (577) (601) (1,735) (1,767)
Selling, general and administrative (265) (294) (841) (848)
Amortization of acquisition-related intangible assets (29) (71) (108) (237)
Total operating expenses (871) (966) (2,684) (2,852)
Other income (expense) (5) (7) (15) (10)
Operating income (loss) 990 992 2,742 2,754
Financial income (expense):        
Other financial income (expense) (82) (75) (227) (231)
Income (loss) before income taxes 908 917 2,515 2,523
Benefit (provision) for income taxes (173) (123) (468) (399)
Results relating to equity-accounted investees (6) (2) (10) (5)
Net income (loss) 729 792 2,037 2,119
Less: Net income (loss) attributable to non-controlling interests 11 5 22 19
Net income (loss) attributable to stockholders $ 718 $ 787 $ 2,015 $ 2,100
Earnings per share data:        
Basic net income (loss) (in dollars per share) $ 2.82 $ 3.06 $ 7.89 $ 8.12
Diluted net income (loss) (in dollars per share) $ 2.79 $ 3.01 $ 7.80 $ 8.03
Weighted average number of shares of common stock outstanding during the period (in thousands):        
Basic (in shares) 254,458 257,488 255,501 258,744
Diluted (in shares) 257,717 261,095 258,426 261,666
(Gain) loss on extinguishment of debt $ 0 $ 0 $ 0 $ 0