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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Net sales:        
Total Net sales $ 1,217 $ 1,214 $ 2,392 $ 2,619
Cost of sales:        
Total Cost of sales 628 633 1,240 1,371
Gross profit 589 581 1,152 1,248
Operating expenses:        
Selling and marketing 150 146 298 307
Research and development 146 130 284 276
General and administrative 97 69 178 168
Amortization of intangible assets 25 26 51 52
Acquisition and integration costs 1 2 2 2
Exit and restructuring costs 3 14 13 24
Total Operating expenses 422 387 826 829
Operating income 167 194 326 419
Other income (loss), net:        
Foreign exchange (loss) gain 0 (5) 3 (4)
Interest expense, net (23) (16) (40) (53)
Other expense, net (8) (2) (11) (6)
Total Other expense, net (31) (23) (48) (63)
Income before income tax 136 171 278 356
Income tax expense 23 27 50 62
Net income $ 113 $ 144 $ 228 $ 294
Basic earnings per share (in USD per share) $ 2.19 $ 2.80 $ 4.43 $ 5.72
Diluted earnings per share (in USD per share) $ 2.17 $ 2.78 $ 4.40 $ 5.68
Tangible Products        
Net sales:        
Total Net sales $ 983 $ 986 $ 1,912 $ 2,156
Cost of sales:        
Total Cost of sales 515 522 1,013 1,140
Services and Software        
Net sales:        
Total Net sales 234 228 480 463
Cost of sales:        
Total Cost of sales $ 113 $ 111 $ 227 $ 231