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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Cash flows from operating activities:    
Net income $ 291,477 $ 324,695
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 23,734 20,722
Deferred income taxes (6,435) (12,523)
Depreciation 40,172 36,956
Amortization of intangibles 29,866 29,935
Acquired in-process research and development and other non-cash items 0 7,903
Change in operating assets and liabilities:    
Decrease (increase) in accounts receivable 50,273 (57,377)
Increase in inventories (63,607) (65,070)
Increase in other current assets (19,044) (9,199)
Decrease in other assets 12 4,658
Decrease in accounts payable and other current liabilities (122,836) (32,197)
Increase in deferred revenue and customer advances 81,659 70,027
Decrease in other liabilities (90,402) (63,667)
Net cash provided by operating activities 214,869 254,863
Cash flows from investing activities:    
Additions to property, plant, equipment and software capitalization (80,997) (74,746)
Business acquisitions, net of cash acquired (1,285,907) 0
Proceeds from equity investments, net 0 5,646
Payments for intellectual property licenses 0 (4,897)
Purchases of investments (893) (10,959)
Maturities and sales of investments 877 77,553
Net cash used in investing activities (1,366,920) (7,403)
Cash flows from financing activities:    
Proceeds from debt issuances 1,450,040 105,000
Payments on debt (395,040) (135,000)
Payments of debt issuance costs (218) 0
Proceeds from stock plans 8,628 30,914
Purchases of treasury shares (69,741) (321,944)
Proceeds from derivative contracts 5,294 10,849
Net cash provided by (used in) financing activities 998,963 (310,181)
Effect of exchange rate changes on cash and cash equivalents 2,252 (19,616)
Decrease in cash and cash equivalents (150,836) (82,337)
Cash and cash equivalents at beginning of period 480,529 501,234
Cash and cash equivalents at end of period $ 329,693 $ 418,897