Common Stock and Stock-based Compensation (Tables)
shares in Thousands

9 Months Ended

Sep. 26, 2026

shares

Equity [Abstract]

Schedule of Common Shares Outstanding

Common Stock

Shares of common stock outstanding were as follows:

	Three Months Ended		Nine Months Ended
	September 26, 2026	September 27, 2025	September 26, 2026	September 27, 2025
	(In millions)
Balance, beginning of period	1,632	1,622	1,630	1,622
Common stock issued under employee equity plans	11	9	15	13
Common stock repurchases for tax withholding on equity awards	(3)	(3)	(4)	(3)
Repurchases of common stock	—	—	(1)	(12)
Common stock issued in the acquisition of ZT Systems	—	—	—	8
Balance, end of period	1,640	1,628	1,640	1,628

Share-based Payment Arrangement, Expensed and Capitalized, Amount

Stock-based Compensation

Stock-based compensation expense recorded in the Consolidated Statements of Operations was as follows: 

	Three Months Ended				Nine Months Ended
	September 26, 2026		September 27, 2025		September 26, 2026		September 27, 2025
	(In millions)
Cost of sales	$	9	$	7	$	25	$	18
Research and development	418		333		1,197		905
Marketing, general and administrative	96		79		291		229
Total	$	523	$	419	$	1,513	$	1,152

Stock Repurchased During Period, Shares

1,100