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Acquisitions and Divestitures (Tables) | 9 Months Ended
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Sep. 29, 2024
Business Combinations [Abstract] |
Schedule of Preliminary Amounts Recognized for Assets Acquired and Liabilities Assumed | Details of the fair value amounts recognized for assets acquired and liabilities assumed as of the purchase date and as of September 29, 2024, which includes measurement period adjustments :
(Dollars in Billions) |  | May 31, 2024 |  | September 29, 2024
Assets acquired: |  |  |  |
Cash |  | $1.1 |  | $1.1
Goodwill |  | 7.5 |  | 7.6
Amortizable intangibles |  | 5.3 |  | 5.3
IPR&D |  | 0.6 |  | 0.6
Inventory |  | 0.5 |  | 0.5
Other assets |  | 0.5 |  | 0.4
Total assets acquired |  | $15.5 |  | $15.5
Liabilities assumed: |  |  |  |
Deferred taxes |  | $1.5 |  | $1.5
Notes payable* |  | 1.0 |  | 1.0
Accrued liabilities** |  | 0.4 |  | 0.4
Total liabilities assumed |  | $2.9 |  | $2.9
Net assets acquired |  | $12.6 |  | $12.6
Net assets acquired as of May 31, 2024 |  | $12.6 |  |
Less: Cash acquired |  | 1.1 |  |
Equity awards settled |  | 0.6 |  |
Settlement of Note payable* |  | 1.0 |  |
Total enterprise value as of June 30, 2024 |  | $13.1 |  |
*Represents the convertible debt which was subsequently paid in the fiscal second quarter of 2024. ** Includes $0.2 billion of equity awards

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