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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Revenue:        
Total revenue $ 1,112 $ 1,176 $ 2,188 $ 2,263
Cost of revenue:        
Amortization of acquired intangible assets 46 48 94 96
Total cost of revenue 391 444 800 877
Gross profit 721 732 1,388 1,386
Operating expense:        
Research and development 325 358 660 699
Selling, general and administrative 147 462 588 839
Goodwill and intangible impairment 1,886 0 1,889 0
Total operating expense 2,358 820 3,137 1,538
Loss from operations (1,637) (88) (1,749) (152)
Other income (expense):        
Interest income 13 17 25 34
Interest expense (20) (19) (39) (39)
Other (expense) income, net (332) 1 (323) (10)
Total other expense, net (339) (1) (337) (15)
Loss before income taxes (1,976) (89) (2,086) (167)
Provision for income taxes 12 145 28 64
Net loss $ (1,988) $ (234) $ (2,114) $ (231)
Loss per share:        
Basic (in dollars per share) $ (12.48) $ (1.48) $ (13.28) $ (1.46)
Diluted (in dollars per share) $ (12.48) $ (1.48) $ (13.28) $ (1.46)
Shares used in computing loss per share:        
Basic (in shares) 159 158 159 158
Diluted (in shares) 159 158 159 158
Product        
Revenue:        
Total revenue $ 927 $ 1,001 $ 1,803 $ 1,923
Cost of revenue:        
Cost of revenue 250 305 504 591
Service        
Revenue:        
Total revenue 185 175 385 340
Cost of revenue:        
Cost of revenue $ 95 $ 91 $ 202 $ 190