IDENTIFIED INTANGIBLE ASSETS (Tables)

6 Months Ended

Jul. 01, 2023

IDENTIFIED INTANGIBLE ASSETS

Schedule of components of identified intangible assets

	As of
U.S. dollars in millions	July 1, 2023						December 31, 2022
			Accumulated						Accumulated
	Gross Assets		Amortization		Net		Gross Assets		Amortization		Net
Developed technology	$	3,705	$	1,819	$	1,886	$	3,973	$	1,870	$	2,103
Customer relationships & brands		786		396		390		786		362		424
Total	$	4,491	$	2,215	$	2,276	$	4,759	$	2,232	$	2,527

Schedule of amortization expenses recorded for these identified intangible assets and their weighted average useful lives

	Three months ended				Six months ended
									Weighted
	July 1,		July 2,		July 1,		July 2,		Average
U.S. dollars in millions	2023		2022		2023		2022		Useful Life
Developed technology	$	101	$	115	$	217	$	240	10
Customer relationships & brands		17		18		34		42	12
Total amortization expenses	$	118	$	133	$	251	$	282

Schedule of expected future amortization expenses for the next five years

	Remainder
U.S. dollars in millions	of 2023		2024		2025		2026		2027		Thereafter		Total
Future amortization expenses	$	223	$	445	$	443	$	332	$	179	$	654	$	2,276