v3.26.1
Earnings Per Share and Equity - Schedule of Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2026
Jul. 04, 2025
Jul. 03, 2026
Jul. 04, 2025
Earnings Per Share [Abstract]        
Net income (loss) for diluted earnings per share of common stock $ 226.8 $ 170.3 $ 193.4 $ (315.8)
Basic weighted-average shares of common stock outstanding (in shares) 390.3 414.6 392.2 418.0
Dilutive effect of share-based awards (in shares) 2.4 0.3 2.2 0.0
Dilutive effect of convertible notes and warrants (in shares) 11.7 0.0 7.1 0.0
Diluted weighted-average shares of common stock outstanding (in shares) 404.4 414.9 401.5 418.0
Net income (loss) per share of common stock attributable to ON Semiconductor Corporation:        
Basic (in dollars per share) $ 0.58 $ 0.41 $ 0.49 $ (0.76)
Diluted (in dollars per share) $ 0.56 $ 0.41 $ 0.48 $ (0.76)