SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 28, 2024

SIGNIFICANT ACCOUNTING POLICIES

Schedule of reconciliation of cash, cash equivalents and restricted cash

	As of
	December 28,		December 30,
U.S. dollars in millions	2024		2023
Cash	$	56	$	58
Short term deposits		419		222
Money market funds		951		932
Restricted cash (within other current and other long-term assets)		12		14
Cash, cash equivalents and restricted cash presented in the consolidated statements of cash flows	$	1,438	$	1,226

Schedule of estimated useful lives per asset type

	Years
Computers, electronic equipment and software	3-7
Vehicles	7
Office furniture and equipment	14
Buildings	10 - 25

Schedule of notional amount and fair value of outstanding derivatives

	As of
	December 28,		December 30,
U.S. dollars in millions	2024		2023
Notional amount of foreign currency contracts	$	214	$	—
Fair value of foreign currency contracts	$	2	$	—

Schedule of change in accumulated other comprehensive income (loss) relating to gains (losses) on derivatives used for hedging

	Year ended
	December 28,		December 30,		December 31,
U.S. dollars in millions	2024		2023		2022
Other comprehensive income (loss) before reclassifications	$	2	$	—	$	(33)
Amounts reclassified out of accumulated other comprehensive (income) loss *		—		10		18
Tax effects		—		(1)		1
Other comprehensive income (loss), net	$	2	$	9	$	(14)

*  Amounts of gains (losses) reclassified from other comprehensive income into profit or loss are recorded in cost of revenue and operating expenses.