CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (107)	$ (67)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation of property and equipment	15	10
Share-based compensation	127	76
Amortization of intangible assets	251	282
Exchange rate differences on cash and cash equivalents	5	3
Deferred income taxes	(10)	2
Interest on Dividend Note to related party, net		9
Interest with related party, net	16	27
Other	0	(3)
Changes in operating assets and liabilities:
Decrease (increase) in trade accounts receivable	29	(59)
Decrease (increase) in other current assets	21	29
Decrease (increase) in inventories	(150)	(1)
Increase (decrease) in accounts payable, accrued expenses and related party payable	3	(5)
Increase (decrease) in employee-related accrued expenses and long term benefits	(2)	(81)
Increase (decrease) in other current liabilities	(2)	(3)
Decrease (increase) in other long term assets	1	17
Increase (decrease) in long term liabilities	0	(3)
Net cash provided by operating activities	197	233
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(58)	(53)
Repayment of loan due from related party	0	733
Issuance of loan to related party		(336)
Net cash provided by (used in) investing activities	(58)	344
CASH FLOWS FROM FINANCING ACTIVITIES
Net transfers from Parent	0	121
Dividend paid		(336)
Share-based compensation recharge	(12)	(186)
Deferred offering costs	0	(14)
Net cash provided by (used in) financing activities	(12)	(415)
Effect of foreign exchange rate changes on cash and cash equivalents	(5)	(3)
Increase in cash, cash equivalents and restricted cash	122	159
Balance of cash, cash equivalents and restricted cash, at beginning of year	1,035
Balance of cash, cash equivalents and restricted cash, at end of period	1,157	784
Supplementary non-cash investing and financing activities:
Non-cash purchase of property and equipment	8	12
Non-cash share based compensation recharge	10	19
Dividend Note with related party		3,500
Equity transaction		900
Supplemental cash flow information:
Cash received (paid) for income taxes, net of refunds	(29)	(24)
Interest received from related party	$ 16	$ 29