OTHER FINANCIAL STATEMENT DETAILS

9 Months Ended

Oct. 01, 2022

OTHER FINANCIAL STATEMENT DETAILS

OTHER FINANCIAL STATEMENT DETAILS

NOTE 3 - OTHER FINANCIAL STATEMENT DETAILS

Inventories:

	October 1,		December 25,
	2022		2021
	U.S. dollars in millions
Raw materials	$	39	$	24
Work in process		1		—
Finished goods		65		73
	$	105	$	97

Inventory write-downs and write-offs were not material for the periods presented in these condensed combined financial statements.

Property and equipment, net:

	October 1,		December 25,
	2022		2021
	U.S. dollars in millions
Computers, electronic equipment and software	$	110	$	85
Vehicles		11		11
Office furniture and equipment		4		2
Leasehold improvements		20		15
Construction on process		284		249
Total property, plant and equipment, gross		429		362
Less: accumulated depreciation		(75)		(58)
Total property, plant and equipment, net	$	354	$	304

Depreciation expenses totaled $7 million and $5 million for the three months ended October 1, 2022 and September 25, 2021, respectively; and $17 million and $12 million for the nine months ended October 1, 2022 and September 25, 2021, respectively.