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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Profit or loss [abstract]        
Net revenue $ 1,852 $ 2,074 $ 5,538 $ 6,007
Cost of revenue 1,323 1,464 3,962 4,390
Gross profit 529 610 1,576 1,617
Research and development expense 108 124 323 372
Selling, general and administrative expense 143 129 386 366
Restructuring expense 17 0 41 0
Operating expense 268 253 750 738
Profit from operations 261 357 826 879
Finance income (expense) net 3 (11) 4 (58)
Share of profit of joint ventures 0 1 2 3
Other income (expense), net (21) 8 (47) 32
Profit before income taxes 243 355 785 856
Income tax (expense) benefit 6 (19) (45) (78)
Net income for the period 249 336 740 778
Attributable to:        
Shareholders of GLOBALFOUNDRIES INC. 249 337 743 780
Non-controlling interest 0 (1) (3) (2)
Net income for the period $ 249 $ 336 $ 740 $ 778
Net earnings per share attributable to the equity holders of the Company:        
Weighted average shares outstanding, basic (in shares) 553 543 552 537
Diluted weighted average common shares outstanding (in shares) 556 553 556 551
Basic earnings per share (in USD per share) $ 0.45 $ 0.62 $ 1.35 $ 1.45
Diluted earnings per share (in USD per share) $ 0.45 $ 0.61 $ 1.34 $ 1.42