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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Redeemable Noncontrolling Interests
Foundation Technology Worldwide L L C Prior To Reorganization Transactions
Accumulated Other Comprehensive Income (Loss)
Foundation Technology Worldwide L L C Prior To Reorganization Transactions
Members' Equity (Deficit)
Foundation Technology Worldwide L L C Prior To Reorganization Transactions
Accumulated Deficit
McAfee Corp. Stockholders' Equity
McAfee Corp. Stockholders' Equity
Accumulated Other Comprehensive Income (Loss)
McAfee Corp. Stockholders' Equity
Accumulated Deficit
McAfee Corp. Stockholders' Equity
Common Stock
Class A Common Stock
McAfee Corp. Stockholders' Equity
Common Stock
Class B Common Stock
McAfee Corp. Stockholders' Equity
Additional Paid-in Capital
McAfee Corp. Stockholders' Equity
Total Parent Entity Deficit
Balance at Dec. 28, 2019     $ (62) $ (647) $ (1,385) $ (2,094) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
Balance, Shares at Dec. 28, 2019                 0 0    
Temporary equity, Balance at Dec. 28, 2019   $ 0                    
Distributions to Members $ (131)     (131)                
Other comprehensive loss, net of tax (81)   (81)                  
Stock compensation expense, net of withholding to cover taxes 17     17                
Unit issuances 1     1                
Unit repurchases (Note 6) (10)     (10)                
Reclassification of redeemable units (Note 6) (17)     (17)                
Net income 31       31              
Other 2     2                
Balance at Jun. 27, 2020     (143) (785) (1,354) (2,282) 0 0 $ 0 $ 0 0 0
Balance, Shares at Jun. 27, 2020                 0 0    
Temporary equity, Balance at Jun. 27, 2020   0                    
Balance at Mar. 28, 2020     (137) (707) (1,376) (2,220) 0 0 $ 0 $ 0 0 0
Balance, Shares at Mar. 28, 2020                 0 0    
Temporary equity, Balance at Mar. 28, 2020   0                    
Distributions to Members (81)     (81)                
Other comprehensive loss, net of tax (6)   (6)                  
Stock compensation expense, net of withholding to cover taxes 2     2                
Unit issuances 1     1                
Net income 22       22              
Balance at Jun. 27, 2020     (143) (785) (1,354) (2,282) 0 0 $ 0 $ 0 0 0
Balance, Shares at Jun. 27, 2020                 0 0    
Temporary equity, Balance at Jun. 27, 2020   0                    
Balance at Dec. 26, 2020 (6,640)   0 0 0 (1,800) (45) (118) $ 0 $ 0 (6,477) (6,640)
Balance, Shares at Dec. 26, 2020                 161,267,412 267,065,127    
Temporary equity, Balance at Dec. 26, 2020 4,840 4,840                    
Distributions to RNCI (152) (152)                    
Dividend declared (38)                   (38) (38)
Other comprehensive loss, net of tax 34 22         12         12
Stock compensation expense, net of withholding to cover taxes 45                   45 45
Stock compensation expense, net of withholding to cover taxes, Shares                 2,237,271      
Stock issuances 5                   5 5
Stock issuances, Shares                 222,153      
RNCI units conversion into Class A shares                 2,278,004 (1,688,436)    
Net income 202 136           66       66
Impact of change in ownership in RNCI   42                 (42) (42)
Fair value adjustment for RNCI   2,799                 (2,799) (2,799)
Balance at Jun. 26, 2021 (9,391)   0 0 0 (1,704) (33) (52) $ 0 $ 0 (9,306) (9,391)
Balance, Shares at Jun. 26, 2021                 166,004,840 265,376,691    
Temporary equity, Balance at Jun. 26, 2021 7,687 7,687                    
Balance at Mar. 27, 2021     0 0 0 (1,783) (37) (88)     (7,835) (7,960)
Balance, Shares at Mar. 27, 2021                 162,372,554 267,065,127    
Temporary equity, Balance at Mar. 27, 2021   6,177                    
Distributions to RNCI   (65)       (65)            
Dividend declared           (19)         (19) (19)
Other comprehensive loss, net of tax   8       12 4         4
Stock compensation expense, net of withholding to cover taxes           38         38 38
Stock compensation expense, net of withholding to cover taxes, Shares                 1,132,129      
Stock issuances           5         5 5
Stock issuances, Shares                 222,153      
RNCI units conversion into Class A shares                 2,278,004 (1,688,436)    
Net income 108 72       108   36       36
Impact of change in ownership in RNCI   38                 (38) (38)
Fair value adjustment for RNCI   1,457                 (1,457) (1,457)
Balance at Jun. 26, 2021 (9,391)   $ 0 $ 0 $ 0 $ (1,704) $ (33) $ (52) $ 0 $ 0 $ (9,306) $ (9,391)
Balance, Shares at Jun. 26, 2021                 166,004,840 265,376,691    
Temporary equity, Balance at Jun. 26, 2021 $ 7,687 $ 7,687