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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Cash flows from operating activities:    
Net (loss) income $ (126) $ 3
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation expense 59 57
Amortization of intangible assets 49 50
Share-based compensation expense 96 93
Deferred income taxes (24) (17)
Property and equipment and right-of-use asset impairment 32 0
Net (gains) losses on strategic investments (5) 16
Gain on Helix contingent value right (3) (3)
Change in fair value of contingent consideration liabilities 16 (1)
Other 9 7
Changes in operating assets and liabilities:    
Accounts receivable 90 1
Inventory 4 (18)
Prepaid expenses and other current assets (23) (17)
Operating lease right-of-use assets and liabilities, net (7) (5)
Other assets (6) 2
Accounts payable (37) (46)
Accrued liabilities (53) (123)
Other long-term liabilities 6 11
Net cash provided by operating activities 77 10
Cash flows from investing activities:    
Purchases of property and equipment (36) (52)
Purchases of strategic investments (12) (3)
Cash paid for intangible asset 0 (1)
Net cash used in investing activities (48) (56)
Cash flows from financing activities:    
Debt issuance costs paid for credit facility 0 (1)
Payments on financing obligations 0 (500)
Taxes paid related to net share settlement of equity awards (1) (9)
Proceeds from issuance of common stock 36 37
Net cash provided by (used in) financing activities 35 (473)
Effect of exchange rate changes on cash and cash equivalents (4) 2
Net increase (decrease) in cash and cash equivalents 60 (517)
Cash and cash equivalents at beginning of period 1,048 2,011
Cash and cash equivalents at end of period $ 1,108 $ 1,494