CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2025	Jun. 30, 2024
Cash flows from operating activities:
Net income (loss)	$ 366	$ (2,114)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation expense	103	116
Amortization of intangible assets	34	97
Share-based compensation expense	142	208
Deferred income taxes	41	(180)
Net (gains) losses on strategic investments	(133)	330
Change in fair value of contingent consideration liabilities	(32)	(255)
Gain on Helix contingent value right	0	(11)
Property and equipment and right-of-use asset impairment	0	32
Goodwill and intangible impairment	23	1,889
Other	9	(11)
Changes in operating assets and liabilities:
Accounts receivable	49	72
Inventory	(28)	4
Prepaid expenses and other current assets	11	(16)
Operating lease right-of-use assets and liabilities, net	(17)	(14)
Other assets	(3)	(9)
Accounts payable	(26)	(30)
Accrued liabilities	(91)	83
Other long-term liabilities	26	(34)
Net cash provided by operating activities	474	157
Cash flows from investing activities:
Purchases of property and equipment	(62)	(67)
Purchases of strategic investments	(43)	(22)
Cash paid for intangible assets	(7)	0
Net cash used in investing activities	(112)	(89)
Cash flows from financing activities:
Common stock repurchases	(570)	0
Taxes paid related to net share settlement of equity awards	(23)	(2)
Proceeds from issuance of common stock	28	36
Payments on contingent consideration liabilities	(1)	(1)
GRAIL cash deconsolidated as a result of spin-off	0	(968)
Borrowings on delayed draw term loan, net of issuance costs	0	744
Net cash used in financing activities	(566)	(191)
Effect of exchange rate changes on cash and cash equivalents	11	(5)
Net decrease in cash and cash equivalents	(193)	(128)
Cash and cash equivalents at beginning of period	1,127	1,048
Cash and cash equivalents at end of period	934	920
Supplemental cash flow information:
GRAIL net assets, excluding cash and cash equivalents, deconsolidated as a result of spin-off	$ 0	$ 1,770