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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Millions, $ in Millions
Common Stock
Additional paid-in capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Total
Beginning balance (in shares) at Dec. 28, 2024 812        
Beginning balance at Dec. 28, 2024 $ 8 $ 15,137 $ 2 $ (3,060) $ 12,087
Net income (loss)       (102) (102)
Other comprehensive income (loss), net     (3)   (3)
Tax sharing agreement with Parent   3     3
Share-based compensation expense   65     65
Recharge to Parent for Share-based compensation   (1)     (1)
Ending balance (in shares) at Mar. 29, 2025 812        
Ending balance at Mar. 29, 2025 $ 8 15,204 (1) (3,162) 12,049
Beginning balance (in shares) at Dec. 27, 2025 815        
Beginning balance at Dec. 27, 2025 $ 8 15,308 17 (3,452) 11,881
Net income (loss)       (3,818) (3,818)
Other comprehensive income (loss), net     (8)   (8)
Share-based compensation expense   80     80
Recharge to Parent for Share-based compensation [1] [1]
Issuance of common stock in connection with the acquisition of Mentee Robotics [1] 29 29
Issuance of common stock in connection with the acquisition of Mentee Robotics (in shares) 26        
Ending balance (in shares) at Mar. 28, 2026 841        
Ending balance at Mar. 28, 2026 $ 8 $ 15,417 $ 9 $ (7,270) $ 8,164
[1] Less than $1 million