Business Segment, Geographic Are and Product Information (Tables)

6 Months Ended

Jun. 30, 2026

Segment Reporting [Abstract]

Schedule of Reconciliation of Gross Profit By Reportable Segment To Income Before Income Taxes

The following tables set forth the details of gross profit by reportable segment and the reconciliation to income before income taxes:


		Three Months Ended June 30, 2026
		VSD				PSD				MSD				Total
Product		$	419			$	300			$	385			$	1,104
Services			88				41				15				144
Revenues by segment			507				341				400				1,248
Total cost of revenues (exclusive of amortization shown separately below)(1)			285				167				198				650
Segment gross profit			222				174				202				598
Segment gross profit percentage			43.8	%			50.8	%			50.5	%			47.9	%
Reconciliation to income before income taxes
Operating expenses:
Research and development															76
Selling, general and administrative															200
Restructuring and other															6
Amortization of intangible assets															62
Unallocated corporate expenses															3
Income from operations															251
Interest income															(2	)
Interest expense															38
Loss on extinguishment of debt															4
Other (income) expense, net															(2	)
Income before income taxes														$	213


		Three Months Ended June 30, 2025
		VSD				PSD				MSD				Total
Product		$	334			$	204			$	310			$	848
Services			73				39				13				125
Revenues by segment			407				243				323				973
Total cost of revenues (exclusive of amortization shown separately below)(1)			229				140				149				518
Segment gross profit			178				103				174				455
Segment gross profit percentage			43.7	%			42.4	%			53.9	%			46.8	%
Reconciliation to income before income taxes
Operating expenses:
Research and development															76
Selling, general and administrative															175
Restructuring and other															5
Amortization of intangible assets															62
Unallocated corporate expenses															2
Income from operations															135
Interest income															(4	)
Interest expense															55
Loss on extinguishment of debt															2
Other expense (income), net															10
Income before income taxes														$	72


		Six Months Ended June 30, 2026
		VSD				PSD				MSD				Total
Product		$	771			$	563			$	724			$	2,058
Services			162				80				26				268
Revenues by segment			933				643				750				2,326
Total cost of revenues (exclusive of amortization shown separately below)(1)			528				328				365				1,221
Segment gross profit			405				315				385				1,105
Segment gross profit percentage			43.4	%			49.1	%			51.3	%			47.5	%
Reconciliation to income before income taxes
Operating expenses:
Research and development															157
Selling, general and administrative															389
Restructuring and other															9
Legal settlement															3
Fees and expenses related to debt activities															18
Amortization of intangible assets															125
Unallocated corporate expenses															4
Income from operations															400
Interest income															(4	)
Interest expense															83
Loss on extinguishment of debt															9
Other (income) expense, net															(2	)
Income before income taxes														$	314


		Six Months Ended June 30, 2025
		VSD				PSD				MSD				Total
Product		$	652			$	430			$	586			$	1,668
Services			141				77				24				242
Revenues by segment			793				507				610				1,910
Total cost of revenues (exclusive of amortization shown separately below)(1)			440				288				280				1,008
Segment gross profit			353				219				330				902
Segment gross profit percentage			44.5	%			43.3	%			54.2	%			47.2	%
Reconciliation to income before income taxes
Operating expenses:
Research and development															145
Selling, general and administrative															361
Restructuring and other															21
Fees and expenses related to debt activities															2
Amortization of intangible assets															122
Unallocated corporate expenses															5
Income from operations															246
Interest income															(7	)
Interest expense															108
Loss on extinguishment of debt															5
Other expense (income), net															9
Income before income taxes														$	131

(1)

The significant expense category and amount align with the segment-level information that is regularly provided to the CODM.

Schedule of Capital Expenditures, Depreciation and Amortization Expense of Intangible Assets by Reportable Segment

The following table sets forth capital expenditures by reportable segment:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
VSD		$	14			$	19			$	26			$	27
PSD			10				4				14				7
MSD			7				6				13				13
Total capital expenditures		$	31			$	29			$	53			$	47

The following table sets forth depreciation and amortization by reportable segment:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
VSD		$	9			$	11			$	17			$	22
PSD			12				13				24				25
MSD			64				63				130				125
Total depreciation and amortization		$	85			$	87			$	171			$	172

Segment Assets by Reportable Segment

The following tables set forth segment assets by reportable segment:


June 30, 2026		Accounts receivable, net				Inventories				Total
VSD		$	283			$	530			$	813
PSD			220				299				519
MSD			327				204				531
Total segment assets		$	830			$	1,033			$	1,863


December 31, 2025		Accounts receivable, net				Inventories				Total
VSD		$	190			$	475			$	665
PSD			163				270				433
MSD			298				176				474
Total segment assets		$	651			$	921			$	1,572

Reconciles Total Segment Assets to Total Assets

The following table reconciles total segment assets to total assets:


		June 30, 2026				December 31, 2025
Total segment assets		$	1,863			$	1,572
Cash and cash equivalents			611				675
Other current assets			300				263
Property, plant and equipment, net			798				810
Right-of-use assets			265				270
Goodwill and intangible assets, net			4,595				4,714
Other assets			509				492
Total assets		$	8,941			$	8,796

Schedule of Net Revenues and Long-Lived Assets by Geographic Regions

Intercompany sales between geographic areas are recorded at tax transfer prices and have been eliminated from consolidated revenues.


		Three Months Ended June 30,								Six Months Ended June 30,
Net revenues:		2026				2025				2026				2025
United States		$	225			$	187			$	420			$	364
China			292				219				543				438
South Korea			160				122				289				225
Malaysia			90				54				160				104
Taiwan			87				66				149				126
Singapore			78				72				151				135
Japan			78				59				145				127
Other			238				194				469				391
		$	1,248			$	973			$	2,326			$	1,910