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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 03, 2021
Jan. 03, 2021
Current assets:    
Cash and cash equivalents $ 1,080 $ 1,810
Short-term investments 185 1,662
Accounts receivable, net 604 487
Inventory 401 372
Prepaid expenses and other current assets 181 152
Total current assets 2,451 4,483
Property and equipment, net 1,009 922
Operating lease right-of-use assets 676 532
Goodwill 7,098 897
Intangible assets, net 3,351 142
Other assets 478 609
Total assets 15,063 7,585
Current liabilities:    
Accounts payable 248 192
Accrued liabilities 666 541
Convertible senior notes, current portion 0 511
Total current liabilities 914 1,244
Operating lease liabilities 784 671
Term notes 993 0
Convertible senior notes 694 673
Other long-term liabilities 1,085 303
Stockholders’ equity:    
Common stock 2 2
Additional paid-in capital 8,849 3,815
Accumulated other comprehensive income 13 2
Retained earnings 5,372 4,723
Treasury stock, at cost (3,643) (3,848)
Total stockholders’ equity 10,593 4,694
Total liabilities and stockholders’ equity $ 15,063 $ 7,585