Annual report pursuant to Section 13 and 15(d)

Supplementary Financial Information (unaudited) (Details)

v3.20.4
Supplementary Financial Information (unaudited) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 26, 2020
Sep. 26, 2020
Jun. 27, 2020
Mar. 28, 2020
Dec. 28, 2019
Sep. 28, 2019
Jun. 29, 2019
Mar. 30, 2019
Dec. 26, 2020
Dec. 28, 2019
Dec. 29, 2018
Interim Period, Costs Not Allocable [Line Items]                      
Net revenue $ 3,244 $ 2,801 $ 1,932 $ 1,786 $ 2,127 $ 1,801 $ 1,531 $ 1,272 $ 9,763 $ 6,731 $ 6,475
Cost of sales 1,793 1,571 1,084 968 1,178 1,024 910 751 5,416 3,863 4,028
Gross profit 1,451 1,230 848 818 949 777 621 521 4,347 2,868 2,447
Research and development 573 508 460 442 395 406 373 373 1,983 1,547 1,434
Marketing, general and administrative 308 273 215 199 206 185 189 170 995 750 562
Licensing gain 0 0 0 0 0 0 0 (60) 0 (60) 0
Operating income 570 449 173 177 348 186 59 38 1,369 631 451
Interest expense (9) (11) (14) (13) (18) (24) (25) (27) (47) (94) (121)
Other expense, net (15) (37) 1 4 (125) (36) 3 (7) (47) (165) 0
Income (loss) before income taxes and equity loss 546 401 160 168 205 126 37 4 1,280 372 328
Income Tax Expense (Benefit) (1,232) 12 4 6 35 7 2 (13) (1,210) 31 (9)
Equity income (loss) in investee 3 1 1 0 0 1 0 (1) 5 0 (2)
Net income $ 1,781 $ 390 $ 157 $ 162 $ 170 $ 120 $ 35 $ 16 $ 2,490 $ 341 $ 337
Earnings per share                      
Basic (in usd per share) $ 1.48 $ 0.33 $ 0.13 $ 0.14 $ 0.15 $ 0.11 $ 0.03 $ 0.01 $ 2.10 $ 0.31 $ 0.34
Diluted (in usd per share) $ 1.45 $ 0.32 $ 0.13 $ 0.14 $ 0.15 $ 0.11 $ 0.03 $ 0.01 $ 2.06 $ 0.30 $ 0.32
Shares used in per share calculation                      
Basic (shares) 1,205 1,184 1,174 1,170 1,140 1,097 1,084 1,044 1,184 1,091 982
Diluted (in shares) 1,226 1,215 1,227 1,224 1,188 1,117 1,109 1,094 1,207 1,120 1,064
Valuation allowance change                 $ (1,301) $ (59) $ (64)
Federal                      
Shares used in per share calculation                      
Valuation allowance change $ (1,300)