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Condensed Consolidated Statements Of Income (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2023
Sep. 30, 2022
Sep. 29, 2023
Sep. 30, 2022
Revenue:        
Total revenue $ 957.3 $ 884.9 $ 2,866.3 $ 2,819.8
Cost of sales:        
Amortization of purchased intangible assets 27.7 19.9 80.9 63.4
Total cost of sales 367.1 369.5 1,110.8 1,217.3
Gross margin 590.2 515.4 1,755.5 1,602.5
Operating expense:        
Research and development 162.5 127.0 496.6 407.4
Sales and marketing 146.2 137.1 436.9 407.9
General and administrative 117.2 109.6 369.2 318.0
Restructuring 11.8 8.2 26.1 20.5
Amortization of purchased intangible assets 31.2 11.1 74.8 34.5
Total operating expense 468.9 393.0 1,403.6 1,188.3
Operating income 121.3 122.4 351.9 414.2
Non-operating income (expense), net:        
Divestitures gain, net 5.5 6.0 10.6 103.1
Interest expense, net (46.8) (15.6) (113.2) (46.9)
Income from equity method investments, net 5.2 6.8 24.6 22.3
Other income (expense), net (5.8) (1.7) 23.6 (14.7)
Total non-operating income (expense), net (41.9) (4.5) (54.4) 63.8
Income before taxes 79.4 117.9 297.5 478.0
Income tax provision 4.5 32.1 49.2 113.9
Net income $ 74.9 $ 85.8 $ 248.3 $ 364.1
Earnings per share:        
Basic (in usd per share) $ 0.30 $ 0.35 $ 1.00 $ 1.46
Diluted (in usd per share) $ 0.30 $ 0.34 $ 1.00 $ 1.45
Shares used in calculating earnings per share:        
Basic (in shares) 248.6 247.5 248.0 249.1
Diluted (in shares) 249.7 248.9 249.1 250.8
Product        
Revenue:        
Total revenue $ 444.0 $ 472.5 $ 1,368.9 $ 1,570.3
Cost of sales:        
Cost of sales 215.6 239.8 665.7 815.5
Subscription and services        
Revenue:        
Total revenue 513.3 412.4 1,497.4 1,249.5
Cost of sales:        
Cost of sales $ 123.8 $ 109.8 $ 364.2 $ 338.4