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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 26, 2021
Dec. 26, 2020
Current assets:    
Cash and cash equivalents $ 420 $ 231
Accounts receivable, net 95 102
Deferred costs 163 137
Other current assets 44 42
Current assets of discontinued operations 317 402
Total current assets 1,039 914
Property and equipment, net 103 115
Goodwill 1,018 1,018
Identified intangible assets, net 631 729
Deferred tax assets 25 24
Other long-term assets 93 68
Long-term assets of discontinued operations 2,528 2,560
Total assets 5,437 5,428
Current liabilities:    
Accounts payable and other current liabilities 257 227
Accrued compensation and benefits 117 179
Accrued marketing 94 118
Income taxes payable 18 14
Long-term debt, current portion 44 44
Lease liabilities, current portion 9 10
Deferred revenue 926 823
Current liabilities of discontinued operations 925 970
Total current liabilities 2,390 2,385
Long-term debt, net 3,904 3,943
Deferred tax liabilities 7 5
Other long-term liabilities 138 153
Deferred revenue, less current portion 93 80
Long-term liabilities of discontinued operations 609 662
Total liabilities 7,141 7,228
Commitments and contingencies (Note 19)
Redeemable noncontrolling interests 7,687 4,840
Stockholders’ equity/members’ deficit:    
Additional paid-in capital (9,306) (6,477)
Accumulated deficit (52) (118)
Accumulated other comprehensive income (loss) (33) (45)
Total deficit (9,391) (6,640)
Total liabilities, redeemable noncontrolling interests and deficit 5,437 5,428
Class A Common Stock    
Stockholders’ equity/members’ deficit:    
Common stock 0 0
Class B Common Stock    
Stockholders’ equity/members’ deficit:    
Common stock $ 0 $ 0