Segment Financial Data (Tables)

3 Months Ended

Apr. 04, 2026

Segment results of operations for Products and Solutions, including significant segment expenses that are regularly reviewed by the CODM, are included in the table below:


	Three Months Ended
(in millions)	April 4, 2026		March 29, 2025
Net revenue	$	706	$	649
Cost of goods sold	411		380

Research and development expenses	36		27
Selling, general and administrative expenses	119		101
Intangible asset amortization	6		6
Restructuring expenses	6		(1)
Segment income from operations	$	128	$	136

Segment results of operations for ADI Global Distribution, including significant segment expenses that are regularly reviewed by the CODM, are included in the table below:


	Three Months Ended
(in millions)	April 4, 2026		March 29, 2025
Net revenue	$	1,206	$	1,121
Cost of goods sold	950		879

Research and development expenses	12		8
Selling, general and administrative expenses	186		173
Intangible asset amortization	24		23
Restructuring expenses	—		4
Segment income from operations	$	34	$	34

The following table provides detail on capital expenditures which are regularly reviewed by the CODM:


	Three Months Ended
(in millions)	April 4, 2026		March 29, 2025
Cash paid for capital expenditures
Products and Solutions	$	23	$	20
ADI Global Distribution	13		11


Total capital expenditures	$	36	$	31

Schedule of Reconciliation of Operating Profit from Segments to Consolidated

The following table provides a reconciliation of segment income from operations to consolidated income before taxes:


	Three Months Ended
(in millions)	April 4, 2026		March 29, 2025
Segment income from operations
Products and Solutions	$	128	$	136
ADI Global Distribution	34		34
Total segment income from operations	162		170
Unallocated amounts:
Selling, general and administrative expenses	35		32
Restructuring expenses	—		1
Business separation costs	24		—
Indemnification Agreement expense	—		90
Other expense (income), net	—		6
Interest expense, net	47		25
Other corporate items	1		1
Net income before taxes	$	55	$	15