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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Profit or loss [abstract]        
Net revenue $ 1,739 $ 1,852 $ 4,920 $ 5,538
Cost of revenue 1,325 1,323 3,718 3,962
Gross profit 414 529 1,202 1,576
Research and development expense 130 108 375 323
Selling, general and administrative expense and other 98 143 334 386
Restructuring charges 1 17 6 41
Operating expense 229 268 715 750
Income from operations 185 261 487 826
Finance income (expense) net 15 3 41 4
Other income (expense), net (5) (21) (11) (45)
Income before income taxes 195 243 517 785
Income tax (expense) benefit (17) 6 (50) (45)
Net income 178 249 467 740
Attributable to:        
Shareholders of GlobalFoundries Inc. 177 249 465 743
Non-controlling interest 1 0 2 (3)
Net income $ 178 $ 249 $ 467 $ 740
Net earnings per share attributable to the equity holders of the Company:        
Basic (in USD per share) $ 0.32 $ 0.45 $ 0.84 $ 1.35
Diluted (in USD per share) $ 0.32 $ 0.45 $ 0.83 $ 1.34
Weighted average common shares outstanding:        
Basic (in shares) 552 553 554 552
Diluted (in shares) 555 556 557 556