Business Segment, Geographic Area, Product Information and Significant Customer Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Net Revenues, Assets and Goodwill by Reportable Segment

The following table sets forth net revenues by reportable segment:

	Years Ended December 31,
	2023		2022		2021
VSD	$	1,404	$	1,966	$	1,862
PSD		1,012		1,064		1,088
MSD		1,206		517		—
	$	3,622	$	3,547	$	2,950

The following table sets forth segment assets by reportable segment:

	Accounts receivable, net		Inventory		Total
December 31, 2023
VSD	$	178	$	542	$	720
PSD		174		294		468
MSD		251		155		406
Total segment assets	$	603	$	991	$	1,594

	Accounts receivable, net		Inventory		Total
December 31, 2022
VSD	$	270	$	491	$	761
PSD		194		296		490
MSD		256		190		446
Total segment assets	$	720	$	977	$	1,697

Goodwill associated with each of the Company’s reportable segments is as follows:

	VSD			PSD			MSD			Total
Reportable segment:
Gross goodwill, at December 31, 2022	$	336		$	1,031		$	3,087		$	4,454
Foreign currency translation and measurement period adjustments		(1	)		—			(66	)		(67	)
Gross goodwill, at December 31, 2023		335			1,031			3,021			4,387
Accumulated goodwill impairment, at December 31, 2022		(141	)		(5	)		—			(146	)
Impairment charge		—			(385	)		(1,302	)		(1,687	)
Accumulated goodwill impairment, at December 31, 2023		(141	)		(390	)		(1,302	)		(1,833	)
Goodwill, net of accumulated impairment, foreign currency translation and measurement period adjustments, at December 31, 2023	$	194		$	641		$	1,719		$	2,554

Reconciliation of Segment Gross Profit to Consolidated Net Income

The following table sets forth a reconciliation of segment gross profit to consolidated net income:

	Years Ended December 31,
	2023			2022			2021
Gross profit by reportable segment:
VSD	$	580		$	856		$	868
PSD		442			499			512
MSD		620			192			—
Total gross profit by reportable segment		1,642			1,547			1,380
Operating expenses:
Research and development		288			241			200
Selling, general and administrative		675			488			385
Acquisition and integration costs		16			52			30
Restructuring		20			10			11
Fees and expenses related to repricing of Term Loan Facility		2			—			—
Amortization of intangible assets		295			146			55
Goodwill and intangible asset impairment		1,902			—			—
Gain on sale of long-lived assets		(2	)		(7	)		—
(Loss) income from operations		(1,554	)		617			699
Interest income		(17	)		(4	)		—
Interest expense		356			177			25
Loss on extinguishment of debt		8			—			—
Other expense, net		27			11			9
(Loss) income before income taxes		(1,928	)		433			665
(Benefit) provision for income taxes		(87	)		100			114
Net (loss) income	$	(1,841	)	$	333		$	551

Schedule of Capital Expenditures, Depreciation and Amortization Expense of Intangible Assets by Reportable Segment

The following table set forth capital expenditures by reportable segment:

	Years Ended December 31,
	2023		2022		2021
VSD	$	25	$	96	$	37
PSD		30		40		50
MSD		32		28		—
Total capital expenditures	$	87	$	164	$	87

The following table sets forth depreciation and amortization by reportable segment:

	Years Ended December 31,
	2023		2022		2021
VSD	$	29	$	24	$	23
PSD		74		88		81
MSD		294		104		—
Total depreciation and amortization	$	397	$	216	$	104

Reconciliation of Segment Assets to Consolidated Total Assets

The following is a reconciliation of segment assets to consolidated total assets:

	December 31,
	2023		2022
Total segment assets	$	1,594	$	1,697
Cash and cash equivalents and short-term investments		875		910
Other current assets		227		187
Property, plant and equipment, net		784		800
Right-of-use assets		225		234
Goodwill and intangible assets, net		5,173		7,481
Other assets and long-term assets		240		186
Consolidated total assets	$	9,118	$	11,495

Schedule of Net Revenues and Long-Lived Assets by Geographic Regions

Intercompany sales between geographic areas are at tax transfer prices and have been eliminated from consolidated net revenues.

	Years Ended December 31,
	2023		2022		2021
Net revenues:
United States	$	1,227	$	1,450	$	1,259
China		680		506		355
South Korea		343		361		386
Japan		254		220		197
Germany		236		243		144
Other		882		767		609
	$	3,622	$	3,547	$	2,950

Long-lived assets include property, plant and equipment, net, right-of-use assets, and certain other assets, and exclude goodwill, intangible assets and long-term tax-related accounts.

	December 31,
	2023		2022
Long-lived assets:
United States	$	459	$	508
Germany		149		160
China		163		175
Other		326		343
	$	1,097	$	1,186