CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (79)	$ (60)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation of property and equipment	7	5
Share-based compensation	72	40
Amortization of intangible assets	133	149
Exchange rate differences on cash and cash equivalents	4	0
Deferred income taxes	(3)	(3)
Interest with related party, net	16	(1)
Other	0	(1)
Changes in operating assets and liabilities:
Decrease (increase) in trade accounts receivables	30	(30)
Decrease (increase) in other current assets	14	14
Decrease (increase) in inventories	(60)	(13)
Increase (decrease) in accounts payable, accrued expenses and related party payable	29	(21)
Increase (decrease) in employee-related accrued expenses and long term benefits	4	(23)
Increase (decrease) in other current-liabilities	2	(1)
Decrease (increase) in other long term assets	2	(1)
Increase (decrease) in long-term liabilities	0	(3)
Net cash provided by operating activities	171	51
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(26)	(27)
Repayment of loan due from related party	0	200
Net cash provided by (used in) investing activities	(26)	173
CASH FLOWS FROM FINANCING ACTIVITIES
Net transfers from Parent	0	102
Share-based compensation recharge	(3)	(186)
Deferred offering costs	0	(7)
Net cash provided by (used in) financing activities	(3)	(91)
Effect of foreign exchange rate changes on cash and cash equivalents	(4)	0
Increase in cash, cash equivalents and restricted cash	138	133
Balance of cash, cash equivalents and restricted cash, at beginning of year	1,035	625
Balance of cash, cash equivalents and restricted cash, at end of period	1,173	758
Supplementary non-cash investing and financing activities:
Non cash purchase of property and equipment	12	9
Non-cash share based compensation recharge	1	0
Unpaid offering costs	0	2
Tax sharing agreement with Parent	5	0
Supplemental cash flow information:
Cash received (paid) for income taxes, net of refunds	$ (15)	$ 5