v3.26.1
Goodwill and Intangible Assets, net
 6 Months Ended
Jul. 04, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets, net Goodwill and Intangible Assets, net
Our goodwill balance and changes in carrying value by segment were as follows:

(in millions)Products and SolutionsADI Global DistributionTotal
Balance as of December 31, 2025$2,036 $1,064 $3,100 
Adjustments(1)— (1)
Impact of foreign currency translation (8)(3)(11)
Balance as of July 4, 2026$2,027 $1,061 $3,088 

The following table summarizes the net carrying amount of intangible assets:

(in millions)July 4, 2026December 31, 2025
Intangible assets subject to amortization$869 $911 
Indefinite-lived intangible assets180 180 
Total intangible assets$1,049 $1,091 

Intangible assets subject to amortization consisted of the following:

July 4, 2026December 31, 2025
(in millions)Gross
Carrying
Amount		Accumulated
Amortization 		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization 		Net
Carrying
Amount
Customer relationships$909 $(284)$625 $912 $(253)$659 
Patents and technology170 (75)95 170 (63)107 
Software276 (183)93 256 (170)86 
Trademarks79 (23)56 79 (20)59 
Intangible assets subject to amortization$1,434 $(565)$869 $1,417 $(506)$911 

For the three and six months ended July 4, 2026, Intangible asset amortization expense was $31 million and $62 million, respectively. For the three and six months ended June 28, 2025, Intangible asset amortization expense was $30 million and $60 million, respectively.