Supplemental Balance Sheet Details

12 Months Ended

Jan. 03, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Details

7. SUPPLEMENTAL BALANCE SHEET DETAILS

Accounts Receivable

in millions	January 3, 2021		December 29, 2019
Trade accounts receivable, gross	$	491	$	575
Allowance for doubtful accounts	(4)		(2)
Total accounts receivable, net	$	487	$	573

Inventory

in millions	January 3, 2021		December 29, 2019
Raw materials	$	106	$	108
Work in process	244		225
Finished goods	22		26
Total inventory	$	372	$	359

Property and Equipment

in millions	January 3, 2021		December 29, 2019
Leasehold improvements	$	645	$	622
Machinery and equipment	461		401
Computer hardware and software	305		272
Furniture and fixtures	46		45
Buildings	44		44
Construction in progress	99		73
Total property and equipment, gross	1,600		1,457
Accumulated depreciation	(678)		(568)
Total property and equipment, net	$	922	$	889

Property and equipment, net included non-cash expenditures of $22 million, $20 million and $35 million in 2020, 2019, and 2018, respectively, which were excluded from the consolidated statements of cash flows.

Accrued Liabilities

in millions	January 3, 2021		December 29, 2019
Contract liabilities, current portion	$	186	$	167
Accrued compensation expenses	153		154
Accrued taxes payable	68		86
Operating lease liabilities, current portion	51		45
Other, including warranties (a)	83		64
Total accrued liabilities	$	541	$	516

(a) Changes in the reserve for product warranties were as follows:

in millions
Balance as of December 31, 2017	$	17
Additions charged to cost of revenue	27
Repairs and replacements	(25)
Balance as of December 30, 2018	19
Additions charged to cost of revenue	20
Repairs and replacements	(25)
Balance as of December 29, 2019	14
Additions charged to cost of revenue	20
Repairs and replacements	(21)
Balance as of January 3, 2021	$	13

Redeemable Noncontrolling Interests

Changes in the redeemable noncontrolling interest were as follows:

in millions
Balance as of December 31, 2017	$	220
Vesting of redeemable equity awards	2
Net loss attributable to noncontrolling interests	(34)
Adjustment down to the redemption value	(127)
Balance as of December 30, 2018	61
Vesting of redeemable equity awards	1
Net loss attributable to noncontrolling interests	(9)
Adjustment down to the redemption value	(16)
Release of potential obligation to noncontrolling interests	(37)
Balance as of December 29, 2019	$	—
Balance as of January 3, 2021	$	—

Prior to the deconsolidation of Helix, as discussed in footnote 3. Investments and Fair Value Measurements, certain noncontrolling Helix investors may have required us to redeem certain noncontrolling interests at fair market value. The balance of the redeemable noncontrolling interest was reported at the greater of its carrying value after receiving its allocation of Helix’ profits and losses or its estimated redemption value.

Accumulated Other Comprehensive Income

in millions	January 3, 2021		December 29, 2019
Foreign currency translation adjustments	$	1	$	1
Unrealized gain on available-for-sale debt securities, net of deferred tax	1		4
Total accumulated other comprehensive income	$	2	$	5