XML 17 R6.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (3,839.0) $ (169.0)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation of property and equipment 42.0 36.0
Share-based compensation 168.0 134.0
Amortization of intangible assets 227.0 222.0
Goodwill impairment 3,788.0  
Exchange rate differences on cash and cash equivalents (9.0) (8.0)
Deferred income taxes (73.0) (11.0)
(Gains) losses on equity and debt investments, net   (1.0)
Other 1.0 4.0
Changes in operating assets and liabilities:    
Decrease (increase) in trade accounts receivable (77.0) (5.0)
Decrease (increase) in other current assets 10.0 12.0
Decrease (increase) in inventories 17.0 90.0
Decrease (increase) in other long-term assets (125.0) (2.0)
Increase (decrease) in accounts payable, accrued expenses and related party payable 33.0 4.0
Increase (decrease) in employee-related accrued expenses and long-term benefits 13.0 17.0
Increase (decrease) in other current liabilities 13.0 (6.0)
Increase (decrease) in other long-term liabilities 21.0 5.0
Net cash provided by operating activities 210.0 322.0
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (51.0) (28.0)
Purchases of debt and equity investments (152.0) (44.0)
Maturities and sales of debt and equity investments 75.0 33.0
Cash paid for acquisition of Mentee Robotics, net of cash acquired (591.0)  
Net cash used in investing activities (719.0) (39.0)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchase of common stock (23.5)  
Net cash used in financing activities (24.0) 0.0
Effect of foreign exchange rate changes on cash and cash equivalents 9.0 8.0
Increase (decrease) in cash, cash equivalents and restricted cash (524.0) 291.0
Balance of cash, cash equivalents and restricted cash, at beginning of year 1,860.0 1,438.0
Balance of cash, cash equivalents and restricted cash, at end of period 1,336.0 1,729.0
Supplementary non-cash investing and financing activities:    
Non-cash purchase of property and equipment $ 9.0 13.0
Tax sharing agreement with Parent   $ (3.0)