Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 28, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 753	$ 692
Accounts receivable, net	1,135	1,023
Inventories, net	1,259	1,237
Other current assets	245	220
Total current assets	3,392	3,172
Property, plant and equipment, net	426	410
Goodwill	3,126	3,072
Intangible assets, net	1,137	1,176
Other assets	434	369
Total assets	8,515	8,199
Current liabilities:
Accounts payable	1,102	1,073
Accrued liabilities	655	577
Current obligations payable under the Indemnification Agreement	1,625	140
Total current liabilities	3,382	1,790
Long-term debt	1,983	1,983
Non-current obligations payable under the Indemnification Agreement	0	583
Other liabilities	536	534
Total liabilities	5,901	4,890
COMMITMENTS AND CONTINGENCIES
Stockholders’ equity
Preferred stock, $0.001 par value: 100 shares authorized, 0.5 shares issued and outstanding at June 28, 2025 and December 31, 2024	482	482
Common stock, $0.001 par value: 700 shares authorized, 156 and 149 shares issued and outstanding at June 28, 2025, respectively, and 154 and 147 shares issued and outstanding at December 31, 2024, respectively	0	0
Additional paid-in capital	2,349	2,315
Retained earnings	71	907
Accumulated other comprehensive loss, net	(161)	(284)
Treasury stock at cost	(127)	(111)
Total stockholders’ equity	2,614	3,309
Total liabilities and stockholders’ equity	$ 8,515	$ 8,199