v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Common Stock
0% Notes
Common Stock
1.625% Notes
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Earnings
Treasury Stock
Treasury Stock
0% Notes
Non-Controlling Interest
Beginning Balance (in shares) at Dec. 31, 2023   616,281,996                
Beginning balance at Dec. 31, 2023 $ 7,800.6 $ 6.2     $ 5,210.9 $ (45.2) $ 6,548.1 $ (3,937.4)   $ 18.0
Treasury stock beginning balance (in shares) at Jun. 28, 2024               (193,850,387)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued pursuant to the ESPP (in shares)   115,991                
Shares issued pursuant to the ESPP 7.1       7.1          
RSUs released and stock grant awards issued (in shares)   1,642,003                
Partial settlement (in shares)     43 4,028,216            
Partial settlement of bond hedges (in shares)                 (40)  
Partial settlement of warrants (in shares)     12              
Payment of tax withholding for RSUs (in shares)               (595,230)    
Payment of tax withholding for RSUs (45.1)             $ (45.1)    
Share-based compensation $ 65.3       65.3          
Repurchase of common stock (in shares) (3,400,000)             (3,359,547)    
Repurchase of common stock $ (250.0)             $ (250.0)    
Comprehensive income (loss) 780.5         (11.6) 791.2     0.9
Ending Balance (in shares) at Jun. 28, 2024   622,068,261                
Treasury stock ending balance (in shares) at Dec. 31, 2023               (189,895,570)    
Ending balance at Jun. 28, 2024 8,358.4 $ 6.2     5,283.3 (56.8) 7,339.3 $ (4,232.5)   18.9
Beginning Balance (in shares) at Mar. 29, 2024   621,590,872                
Beginning balance at Mar. 29, 2024 8,142.6 $ 6.2     5,243.9 (52.2) 7,001.1 $ (4,075.1)   18.7
Treasury stock beginning balance (in shares) at Jun. 28, 2024               (193,850,387)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued pursuant to the ESPP (in shares)   115,991                
Shares issued pursuant to the ESPP 7.1       7.1          
RSUs released and stock grant awards issued (in shares)   361,389                
Partial settlement (in shares)     7              
Partial settlement of bond hedges (in shares)                 (5)  
Partial settlement of warrants (in shares)     2              
Payment of tax withholding for RSUs (in shares)               (106,969)    
Payment of tax withholding for RSUs (7.4)             $ (7.4)    
Share-based compensation $ 32.3       32.3          
Repurchase of common stock (in shares) (2,100,000)             (2,086,874)    
Repurchase of common stock $ (150.0)             $ (150.0)    
Comprehensive income (loss) 333.8         (4.6) 338.2     0.2
Ending Balance (in shares) at Jun. 28, 2024   622,068,261                
Treasury stock ending balance (in shares) at Mar. 29, 2024               (191,656,539)    
Ending balance at Jun. 28, 2024 $ 8,358.4 $ 6.2     5,283.3 (56.8) 7,339.3 $ (4,232.5)   18.9
Beginning Balance (in shares) at Dec. 31, 2024 422,955,173 622,655,553                
Beginning balance at Dec. 31, 2024 $ 8,814.5 $ 6.2     5,372.2 (62.4) 8,120.9 $ (4,640.5)   18.1
Treasury stock beginning balance (in shares) at Jul. 04, 2025 (213,231,935)             (213,231,935)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued pursuant to the ESPP (in shares)   308,882                
Shares issued pursuant to the ESPP $ 10.6       10.6          
RSUs released and stock grant awards issued (in shares)   1,471,710                
Partial settlement (in shares)     2              
Partial settlement of warrants (in shares)     1              
Payment of tax withholding for RSUs (in shares)               (518,625)    
Payment of tax withholding for RSUs (25.1)             $ (25.1)    
Share-based compensation $ 68.3       68.3          
Repurchase of common stock (in shares) (13,000,000.0)             (13,012,930)    
Repurchase of common stock $ (605.6)             $ (605.6)    
Comprehensive income (loss) $ (301.5)         12.0 (315.8)     2.3
Ending Balance (in shares) at Jul. 04, 2025 411,204,213 624,436,148                
Treasury stock ending balance (in shares) at Dec. 31, 2024 (199,700,380)             (199,700,380)    
Ending balance at Jul. 04, 2025 $ 7,961.2 $ 6.2     5,451.1 (50.4) 7,805.1 $ (5,271.2)   20.4
Beginning Balance (in shares) at Apr. 04, 2025   624,118,249                
Beginning balance at Apr. 04, 2025 $ 8,048.9 $ 6.2     5,411.4 (56.5) 7,634.8 $ (4,966.0)   19.0
Treasury stock beginning balance (in shares) at Jul. 04, 2025 (213,231,935)             (213,231,935)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued pursuant to the ESPP (in shares)   155,504                
Shares issued pursuant to the ESPP $ 5.3       5.3          
RSUs released and stock grant awards issued (in shares)   162,395                
Payment of tax withholding for RSUs (in shares)               (45,895)    
Payment of tax withholding for RSUs (2.2)             $ (2.2)    
Share-based compensation $ 34.4       34.4          
Repurchase of common stock (in shares) (6,900,000)             (6,934,425)    
Repurchase of common stock $ (303.0)             $ (303.0)    
Comprehensive income (loss) $ 177.8         6.1 170.3     1.4
Ending Balance (in shares) at Jul. 04, 2025 411,204,213 624,436,148                
Treasury stock ending balance (in shares) at Apr. 04, 2025               (206,251,615)    
Ending balance at Jul. 04, 2025 $ 7,961.2 $ 6.2     $ 5,451.1 $ (50.4) $ 7,805.1 $ (5,271.2)   $ 20.4