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IDENTIFIED INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 30, 2023
IDENTIFIED INTANGIBLE ASSETS  
Schedule of components of identified intangible assets

As of

    

December 30, 2023

December 31, 2022

    

Gross

    

Accumulated 

    

    

Gross

    

Accumulated 

    

U.S. dollars in millions

    

 Assets

    

Amortization

    

Net

    

 Assets

    

Amortization

    

Net

Developed technology

    

$

3,705

$

2,008

$

1,697

$

3,973

$

1,870

$

2,103

Customer relationships & brands

786

430

356

786

362

424

Total

$

4,491

$

2,438

$

2,053

$

4,759

$

2,232

$

2,527

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

Year ended

    

    

    

Weighted Average

U.S. dollars in millions

    

December 30, 2023

    

December 31, 2022

    

December 25, 2021

    

Useful Life

Developed technology

 

$

406

$

469

$

419

 

10

Customer relationships & brands

 

68

75

90

 

12

Total amortization expenses

 

$

474

$

544

$

509

 

Schedule of expects future amortization expenses for the next five years

U.S. dollars in millions

    

2024

    

2025

    

2026

    

2027

    

2028

    

Thereafter

    

Total

Future Amortization Expenses

$

444

 

$

443

 

$

332

 

$

179

 

$

176

 

$

479

 

$

2,053