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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Revenue:    
Total revenue $ 1,093 $ 859
Cost of revenue:    
Amortization of acquired intangible assets 6 7
Total cost of revenue 329 240
Gross profit 764 619
Operating expense:    
Research and development 197 156
Selling, general and administrative 374 274
Total operating expense 571 430
Income from operations 193 189
Other income (expense):    
Interest income 1 14
Interest expense (19) (11)
Other expense, net (6) (14)
Total other expense, net (24) (11)
Income before income taxes 169 178
Provision for income taxes 22 5
Net income $ 147 $ 173
Earnings per share:    
Basic (in dollars per share) $ 1.01 $ 1.18
Diluted (in dollars per share) $ 1.00 $ 1.17
Shares used in computing earnings per share:    
Basic (in shares) 146 147
Diluted (in shares) 147 148
Product revenue    
Revenue:    
Total revenue $ 953 $ 701
Cost of revenue:    
Cost of revenue 265 174
Service and other revenue    
Revenue:    
Total revenue 140 158
Cost of revenue:    
Cost of revenue $ 58 $ 59