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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 1,133 $ 497
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Depreciation and amortization 179 209
Share-based compensation 109 127
Amortization of discount (premium) on debt, net 1 1
Amortization of debt issuance costs 2 1
Net (gain) loss on sale of assets (627) (22)
(Gain) loss on equity security, net (1) 6
Results relating to equity-accounted investees 4 4
Deferred tax expense (benefit) (28) (27)
Changes in operating assets and liabilities:    
(Increase) decrease in receivables and other current assets (115) (29)
(Increase) decrease in inventories 87 6
Increase (decrease) in accounts payable and other liabilities 231 (110)
Decrease (increase) in other non-current assets (182) (106)
Exchange differences 4 4
Other items (4) 4
Net cash provided by (used for) operating activities 793 565
Cash flows from investing activities:    
Purchase of identified intangible assets (42) (25)
Capital expenditures on property, plant and equipment (79) (139)
Proceeds from disposals of property, plant and equipment 0 1
Proceeds from sale of interests in businesses, net of cash divested 878 0
Purchase of investments (249) (53)
Net cash provided by (used for) investing activities 508 (216)
Cash flows from financing activities:    
Repurchase of long-term debt (501) 0
Proceeds from the issuance of long-term debt 0 370
Cash paid for debt issuance costs (3) 0
Proceeds from issuance of commercial paper notes 0 646
Repayment of commercial paper notes 0 (146)
Dividends paid to non-controlling interests (29) 0
Dividends paid to common stockholders (256) (258)
Proceeds from issuance of common stock through stock plans 36 37
Purchase of treasury shares and restricted stock unit withholdings (102) (303)
Other, net (1) (1)
Net cash provided by (used for) financing activities (856) 345
Effect of changes in exchange rates on cash positions (4) 2
Increase (decrease) in cash and cash equivalents 441 696
Cash and cash equivalents at beginning of period 3,267 3,292
Cash and cash equivalents at end of period 3,708 3,988
Net cash paid during the period for:    
Interest 79 41
Income taxes, net of refunds 93 96
Cash proceeds from the sale of assets 878 31
Non-cash consideration [1] 44 0
Book value of these assets and transaction costs (295) (9)
Non-cash capital expenditures $ 87 $ 108
[1] Represents the fair value on the closing date of the earn-out receivable from the divestiture of our MEMS Sensors business