XML 17 R6.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 28, 2026
Mar. 29, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (3,818) $ (102)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation of property and equipment 20 18
Share-based compensation 80 65
Amortization of intangible assets 113 111
Goodwill impairment 3,788  
Exchange rate differences on cash and cash equivalents (2) (2)
Deferred income taxes (72) (6)
Changes in operating assets and liabilities:    
Decrease (increase) in trade accounts receivable (95) (5)
Decrease (increase) in other current assets 8 15
Decrease (increase) in inventories 24 51
Decrease (increase) in other long-term assets   3
Increase (decrease) in accounts payable, accrued expenses and related party payable 14 (36)
Increase (decrease) in employee-related accrued expenses and long-term benefits (5)  
Increase (decrease) in other current liabilities 18 (5)
Increase (decrease) in other long-term liabilities 2 2
Net cash provided by operating activities 75 109
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (30) (14)
Purchases of debt and equity investments (125) (25)
Maturities and sales of debt and equity investments 47 14
Cash paid for acquisition of Mentee Robotics, net of cash acquired (591)  
Net cash used in investing activities (699) (25)
CASH FLOWS FROM FINANCING ACTIVITIES    
Share-based compensation recharge [1] 3
Net cash provided by financing activities 0 3
Effect of foreign exchange rate changes on cash and cash equivalents 2 2
Increase (decrease) in cash, cash equivalents and restricted cash (622) 89
Balance of cash, cash equivalents and restricted cash, at beginning of year 1,860 1,438
Balance of cash, cash equivalents and restricted cash, at end of period 1,238 1,527
Supplementary non-cash investing and financing activities:    
Non-cash purchase of property and equipment $ 5 5
Tax sharing agreement with Parent   $ (3)
[1] Less than $1 million