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Condensed Consolidated Statements Of Income (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Jun. 28, 2024
Jun. 30, 2023
Revenue:        
Total revenue $ 870.8 $ 993.6 $ 1,824.1 $ 1,909.0
Cost of sales:        
Amortization of purchased intangible assets 28.0 30.2 55.8 53.2
Total cost of sales 324.9 389.1 684.6 743.7
Gross margin 545.9 604.5 1,139.5 1,165.3
Operating expense:        
Research and development 161.5 174.8 331.7 334.1
Sales and marketing 142.5 155.3 289.3 290.7
General and administrative 148.7 141.3 282.8 252.0
Restructuring 5.1 7.6 11.7 14.3
Amortization of purchased intangible assets 26.5 31.9 53.2 43.6
Total operating expense 484.3 510.9 968.7 934.7
Operating income 61.6 93.6 170.8 230.6
Non-operating income (expense), net:        
Divestitures gain, net 1,714.1 1.1 1,717.6 5.1
Interest expense, net (18.1) (46.7) (63.3) (66.4)
Income from equity method investments, net 4.3 8.0 9.9 19.4
Other income, net 0.1 1.5 0.0 29.4
Total non-operating income (expense), net 1,700.4 (36.1) 1,664.2 (12.5)
Income before taxes 1,762.0 57.5 1,835.0 218.1
Income tax provision 445.6 12.9 461.4 44.7
Net income $ 1,316.4 $ 44.6 $ 1,373.6 $ 173.4
Earnings per share:        
Basic (in usd per share) $ 5.37 $ 0.18 $ 5.60 $ 0.70
Diluted (in usd per share) $ 5.34 $ 0.18 $ 5.56 $ 0.70
Shares used in calculating earnings per share:        
Basic (in shares) 245.1 248.1 245.3 247.7
Diluted (in shares) 246.4 249.0 246.9 248.9
Product        
Revenue:        
Total revenue $ 320.4 $ 490.5 $ 687.5 $ 924.9
Cost of sales:        
Cost of sales 176.5 233.9 384.0 450.1
Subscription and services        
Revenue:        
Total revenue 550.4 503.1 1,136.6 984.1
Cost of sales:        
Cost of sales $ 120.4 $ 125.0 $ 244.8 $ 240.4