v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Loss [Member]
Beginning balance at Dec. 31, 2024 $ 1,829 $ 2 $ 2,341 $ 9,789 $ (10,148) $ (155)
Beginning Balance, shares at Dec. 31, 2024   162,962        
Net (loss) income 268     268    
Other comprehensive income 39         39
Issuance of common stock for Employee Stock Purchase Plan 6   6      
Issuance of common stock for Employee Stock Purchase Plan, shares   17        
Issuance of common stock for stock options exercised 8   8      
Issuance of common stock for stock options exercised, shares   37        
Treasury stock (14)       (14)  
Stock-based compensation 25   25      
Stock-based compensation, shares   110        
Ending balance at Jun. 28, 2025 2,160 $ 2 2,380 10,057 (10,162) (117)
Ending Balance, shares at Jun. 28, 2025   163,126        
Beginning balance at Mar. 29, 2025 1,962 $ 2 2,362 9,910 (10,162) (150)
Beginning Balance, shares at Mar. 29, 2025   163,109        
Net (loss) income 147     147    
Other comprehensive income 33         33
Issuance of common stock for Employee Stock Purchase Plan 3   3      
Issuance of common stock for Employee Stock Purchase Plan, shares   10        
Issuance of common stock for stock options exercised 1   1      
Issuance of common stock for stock options exercised, shares   4        
Stock-based compensation 14   14      
Stock-based compensation, shares   3        
Ending balance at Jun. 28, 2025 2,160 $ 2 2,380 10,057 (10,162) (117)
Ending Balance, shares at Jun. 28, 2025   163,126        
Beginning balance at Dec. 31, 2025 2,562 $ 2 2,416 10,431 (10,162) (125)
Beginning Balance, shares at Dec. 31, 2025   163,162        
Net (loss) income (208)     (208)    
Other comprehensive income (41)         (41)
Issuance of common stock for Employee Stock Purchase Plan 6   6      
Issuance of common stock for Employee Stock Purchase Plan, shares   20        
Issuance of common stock for stock options exercised 10   10      
Issuance of common stock for stock options exercised, shares   37        
Treasury stock (14)       (14)  
Stock-based compensation 45   45      
Stock-based compensation, shares   120        
Share issuance for acquisition [1] 12,835   12,835      
Share issuance for acquisition, shares [1]   38,542        
Ending balance at Jul. 04, 2026 15,195 $ 2 15,312 10,223 (10,176) (166)
Ending Balance, shares at Jul. 04, 2026   201,881        
Beginning balance at Apr. 04, 2026 15,292 $ 2 15,273 10,359 (10,174) (168)
Beginning Balance, shares at Apr. 04, 2026   201,817        
Net (loss) income (136)     (136)    
Other comprehensive income 2         2
Issuance of common stock for Employee Stock Purchase Plan 4   4      
Issuance of common stock for Employee Stock Purchase Plan, shares   11        
Issuance of common stock for stock options exercised 9   9      
Issuance of common stock for stock options exercised, shares   36        
Treasury stock (2)       (2)  
Stock-based compensation 26   26      
Stock-based compensation, shares   17        
Ending balance at Jul. 04, 2026 $ 15,195 $ 2 $ 15,312 $ 10,223 $ (10,176) $ (166)
Ending Balance, shares at Jul. 04, 2026   201,881        
[1] Refer to Note 4, “Acquisitions” for further details.