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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Profit or loss [abstract]        
Net revenue $ 1,845 $ 1,993 $ 3,686 $ 3,933
Cost of revenue 1,313 1,455 2,639 2,926
Gross profit 532 538 1,047 1,007
Research and development expenses 106 120 215 248
Selling, general and administrative expenses 132 121 243 237
Restructuring expenses 19 0 24 0
Operating expenses 257 241 482 485
Profit from operations 275 297 565 522
Finance income (expenses), net 0 (19) 1 (47)
Share of profit of joint ventures 1 1 2 2
Other income (expense), net (11) 15 (26) 24
Profit before income taxes 265 294 542 501
Income tax expense (28) (30) (51) (59)
Net income for the period 237 264 491 442
Attributable to:        
Shareholders of GLOBALFOUNDRIES INC. 240 264 494 443
Non-controlling interest (3) 0 (3) (1)
Net income for the period $ 237 $ 264 $ 491 $ 442
Net earnings per share attributable to the equity holders of the Company:        
Weighted average shares outstanding, basic (in shares) 552 535 551 534
Diluted weighted average common shares outstanding (in shares) 556 550 556 550
Basic loss per share (in USD per share) $ 0.43 $ 0.49 $ 0.90 $ 0.83
Diluted loss per share (in USD per share) $ 0.43 $ 0.48 $ 0.89 $ 0.81