OTHER FINANCIAL STATEMENT DETAILS

3 Months Ended

Mar. 28, 2026

OTHER FINANCIAL STATEMENT DETAILS

OTHER FINANCIAL STATEMENT DETAILS

NOTE 3 - OTHER FINANCIAL STATEMENT DETAILS

Inventories

	As of
U.S. dollars in millions	March 28, 2026		December 27, 2025
Raw materials	$	21	$	21
Work in process		—		—
Finished goods		282		306
Total inventories	$	303	$	327

Inventory write-downs and write-offs were not material for the three months ended March 28, 2026 and totaled $1 million for the three months ended March 29, 2025.

Property and equipment

	As of
U.S. dollars in millions	March 28, 2026		December 27, 2025
Computers, electronic equipment and software	$	253	$	245
Vehicles		10		10
Office furniture and equipment		12		11
Buildings		326		322
Leasehold improvements		58		56
Total property and equipment, gross	$	659	$	644
Less: accumulated depreciation		(191)		(171)
Total property and equipment, net	$	468	$	473

Depreciation expenses totaled $20 million and $18 million for the three months ended March 28, 2026 and March 29, 2025, respectively. During the three months ended March 28, 2026 and March 29, 2025, the Company derecognized the cost and accumulated depreciation of fully depreciated assets in the amount of zero and $1 million, respectively.