Acquisitions (Tables)

3 Months Ended

Dec. 28, 2025

Business Combination [Abstract]

Preliminary allocation of purchase price

The preliminary allocation of the purchase price to the assets acquired and liabilities assumed based on their fair values was as follows (in millions):

Cash	$	51
Intangible assets subject to amortization	239
In-process research and development (IPR&D)	107
Goodwill	2,210
Other assets	316
Total assets	2,923
Convertible debt (1)	(278)
Other liabilities	(366)
Total liabilities	(644)
Net assets acquired	$	2,279

(1) Alphawave's outstanding unsecured convertible bonds are expected to settle within approximately 60 days of the Closing Date. At December 28, 2025, the fair value of the convertible debt, based on Level 3 inputs, was approximately $279 million.