XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income (loss) $ 131 $ (126)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation expense 52 59
Amortization of intangible assets 17 49
Share-based compensation expense 73 96
Deferred income taxes 16 (24)
Net gains on strategic investments (32) (5)
Change in fair value of contingent consideration liabilities (11) 16
Gain on Helix contingent value right 0 (3)
Property and equipment and right-of-use asset impairment 0 32
Other (2) 9
Changes in operating assets and liabilities:    
Accounts receivable 46 90
Inventory 10 4
Prepaid expenses and other current assets 6 (23)
Operating lease right-of-use assets and liabilities, net (8) (7)
Other assets (1) (6)
Accounts payable (15) (37)
Accrued liabilities (56) (53)
Other long-term liabilities 14 6
Net cash provided by operating activities 240 77
Cash flows from investing activities:    
Purchases of property and equipment (32) (36)
Purchases of strategic investments (24) (12)
Cash paid for intangible assets (7) 0
Net cash used in investing activities (63) (48)
Cash flows from financing activities:    
Common stock repurchases (200) 0
Taxes paid related to net share settlement of equity awards (22) (1)
Proceeds from issuance of common stock 27 36
Net cash (used in) provided by financing activities (195) 35
Effect of exchange rate changes on cash and cash equivalents 4 (4)
Net (decrease) increase in cash and cash equivalents (14) 60
Cash and cash equivalents at beginning of period 1,127 1,048
Cash and cash equivalents at end of period $ 1,113 $ 1,108