v3.26.1
Revenue Recognition
 6 Months Ended
Jul. 04, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregated Revenue
We have a single operating segment: ADI Global Distribution. Disaggregated revenue information for ADI Global Distribution is presented by region and product type.
A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. For product sales, typically each product sold to a customer represents a distinct performance obligation. We recognize the majority of our revenue from performance obligations that are satisfied at a point in time. We have current deferred revenue recognized in Accrued liabilities of $29 million and $28 million as of July 4, 2026 and December 31, 2025, respectively. We have non-current deferred revenue of $11 million recognized in Other liabilities as of both July 4, 2026 and December 31, 2025. The deferred revenues primarily relate to software updates and upgrades, technical support and subscription services. Contract assets were not material as of July 4, 2026 and December 31, 2025.
The following tables present revenue by geographic location and product type, as we believe this presentation best depicts how the nature, amount, timing and uncertainty of net revenue and cash flows are affected by economic factors:
Three Months EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Americas (1)
$1,120 $1,133 $2,158 $2,119 
International (2)
166 144 334 279 
Total net revenue$1,286 $1,277 $2,492 $2,398 

(1)Americas represents North, Central and South America.
(2)International represents all geographies that are not included in Americas.
Three Months EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Third-party brands$1,068 $1,053 $2,068 $1,981 
Exclusive brands218 224 424 417 
Total net revenue$1,286 $1,277 $2,492 $2,398