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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
Income Statement [Abstract]        
Revenue $ 3,312 $ 2,596 $ 6,448 $ 5,163
Cost of revenue (1,430) (1,174) (2,789) (2,386)
Gross profit 1,882 1,422 3,659 2,777
Research and development (542) (476) (1,060) (937)
Selling, general and administrative (265) (234) (516) (456)
Amortization of acquisition-related intangible assets (134) (139) (269) (319)
Total operating expenses (941) (849) (1,845) (1,712)
Other income (expense) 2 0 2 0
Operating income (loss) 943 573 1,816 1,065
Financial income (expense):        
(Gain) loss on extinguishment of debt (18) 0 (18) 0
Other financial income (expense) (110) (100) (215) (187)
Income (loss) before income taxes 815 473 1,583 878
Benefit (provision) for income taxes (129) (65) (243) (105)
Results relating to equity-accounted investees (3) (2) 9 (3)
Net income (loss) 683 406 1,349 770
Less: Net income (loss) attributable to non-controlling interests 13 9 22 20
Net income (loss) attributable to stockholders $ 670 $ 397 $ 1,327 $ 750
Earnings per share data:        
Basic net income (loss) (in dollars per share) $ 2.55 $ 1.46 $ 5.05 $ 2.73
Diluted net income (loss) (in dollars per share) $ 2.53 $ 1.42 $ 5.01 $ 2.67
Weighted average number of shares of common stock outstanding during the period (in thousands):        
Basic (in shares) 262,579 272,686 262,837 275,145
Diluted (in shares) 264,692 278,735 264,909 281,063