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Employee Stock Benefit Plans (Tables)
 12 Months Ended
Jan. 03, 2025
Share-Based Payment Arrangement [Abstract]  
Summarizes the Components of Stock-Based Compensation Expense
The following table summarizes the components of stock-based compensation expense recognized in our Consolidated Statements of Income for the periods indicated:
202420232022
(In millions)   
Restricted stock units$145.2 $132.8 $108.7 
Stock options3.4 1.8 1.1 
ESPP10.0 10.8 10.6 
Total stock-based compensation expense$158.6 $145.4 $120.4 
Stock-based compensation expense was allocated as follows:
202420232022
(In millions)   
Cost of sales$17.0 $14.6 $12.6 
Research and development45.0 40.7 28.0 
Sales and marketing29.3 27.1 24.6 
General and administrative67.3 63.0 55.2 
Total stock-based compensation expense$158.6 $145.4 $120.4 
Summary of Performance of Our Financial Results
2024 Restricted Stock Units Unvested
Number of Units (1)
Weighted Average
Grant-Date Fair Value per Share
(In millions, except for per share data)  
Unvested at the beginning of year
5.5 $58.23 
Granted (2)
2.5 65.12 
Shares vested, net (2)
(2.0)60.13 
Cancelled and forfeited
(0.6)61.11 
Unvested at the end of year
5.4 $60.37 
(1)    Includes 0.3 million PSUs granted, 0.1 million PSUs vested, 0.3 million PSUs cancelled and forfeited, and 1.1 million PSUs unvested at the end of the year.
(2)    Excludes approximately 0.1 million PSUs related to achievement above target levels at the vesting date and approximately 0.1 million PSUs related to shares cancelled due to achievement below target levels.