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CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Income Statement [Abstract]    
Net revenue $ 1,506 $ 1,419
Cost of goods sold 1,072 1,051
Gross profit 434 368
Research and development expenses 24 21
Selling, general and administrative expenses 238 217
Operating profit 172 130
Other expense, net 40 44
Interest expense 11 13
Income before taxes 121 73
Tax expense 34 24
Net income (loss) $ 87 $ 49
Weighted Average Number of Common Shares Outstanding (in thousands)    
Basic 145,118 143,382
Diluted 148,760 147,656
Earnings (Loss) Per Share    
Basic $ 0.60 $ 0.34
Diluted $ 0.58 $ 0.33