v3.26.1
Segment Financial Data (Tables)
 6 Months Ended
Jul. 04, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
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 EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Revenue$695 $666 $1,401 $1,315 
Cost of goods sold392 380 803 760 
Research and development expenses37 32 73 59 
Selling, general and administrative expenses110 104 229 205 
Intangible asset amortization6 6 12 12 
Restructuring expenses12 2 18 1 
Segment income from operations$138 $142 $266 $278 

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

Three Months EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Revenue$1,286 $1,277 $2,492 $2,398 
Cost of goods sold994 994 1,944 1,873 
Research and development expenses11 9 23 17 
Selling, general and administrative expenses187 179 373 352 
Intangible asset amortization25 23 49 46 
Restructuring expenses5 1 5 5 
Segment income from operations$64 $71 $98 $105 
The following table provides detail on capital expenditures which are regularly reviewed by the CODM:

Three Months EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Cash paid for capital expenditures
Products and Solutions$16 $10 $39 $30 
ADI Global Distribution13 10 26 21 
Total capital expenditures$29 $20 $65 $51 
Schedule of Reconciliation of Operating Profit from Segments to Consolidated
The following table provides a reconciliation of segment Income from operations to consolidated Net income (loss) before taxes:

Three Months EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Segment income from operations
Products and Solutions$138 $142 $266 $278 
ADI Global Distribution64 71 98 105 
Total segment income from operations202 213 364 383 
Unallocated amounts:
Selling, general and administrative expenses35 36 70 68 
Restructuring expenses5 (1)5 — 
Business separation costs31 — 55 — 
Indemnification Agreement expense— 882 — 972 
Other (income) expense, net(81)9 (81)15 
Interest expense, net46 24 93 49 
Other corporate items— 1 1 2 
Net income (loss) before taxes$166 $(738)$221 $(723)