CONDENSED COMBINED BALANCE SHEETS - USD ($) $ in Millions	Oct. 01, 2022	Dec. 25, 2021
Current assets
Cash and cash equivalents	$ 871	$ 616
Trade account receivables, net	222	155
Inventories	105	97
Related party loan	901	1,326
Other current assets	63	76
Total current assets	2,162	2,270
Non-current assets
Property and equipment, net	354	304
Intangible assets, net	2,658	3,071
Goodwill	10,895	10,895
Other long-term assets	95	115
Total non-current assets	14,002	14,385
TOTAL ASSETS	16,164	16,655
Current liabilities
Accounts payable and accrued expenses	160	160
Employee related accrued expenses	75	102
Related party payable	966	163
Dividend Note with related party	3,520
Other current liabilities	59	49
Total current liabilities	4,780	474
Non-current liabilities
Long-term employee benefits	54	94
Deferred tax liabilities	162	181
Other long-term liabilities	8	17
Total non-current liabilities	224	292
TOTAL LIABILITIES	5,004	766
Equity
Parent net investment	11,178	15,884
Accumulated other comprehensive income (loss)	(18)	5
TOTAL EQUITY	11,160	15,889
TOTAL LIABILITIES AND EQUITY	$ 16,164	$ 16,655