Employee Incentives (Tables)

6 Months Ended

Jun. 26, 2021

Schedule of Equity Based Compensation Costs Recognized

Equity-based compensation costs recognized in our condensed consolidated statements of operations were:

	Three Months Ended				Six Months Ended
(in millions)	June 26, 2021		June 27, 2020		June 26, 2021		June 27, 2020
Cost of sales	$	1	$	—	$	2	$	—
Sales and marketing		4		—		7		1
Research and development		7		—		10		—
General and administrative		7		2		14		15
Total equity-based compensation expense from continuing operations		19		2		33		16
Discontinued operations		33		2		45		3
Total equity-based compensation expense	$	52	$	4	$	78	$	19

As of June 26, 2021, there was $303 million of unrecognized equity-based compensation cost, which is expected to be recognized over a weighted average vesting period of 2.5 years.

Schedule of Outstanding Deferred Cash and Equity Related to Acquisitions

As of June 26, 2021, our outstanding deferred cash and equity related to our acquisitions is as follows:

	(in millions)
Outstanding deferred cash and equity balance at December 26, 2020	$	13
Accruals		3
Cash payment		(15	)
Outstanding deferred cash and equity balance at June 26, 2021	$	1