Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 30, 2017
Accounting Policies [Abstract]  
Deferred Revenue and Related Product Costs
Deferred revenue and related product costs were as follows:
 
December 30,
2017
 
December 31,
2016
 
(In millions)
Deferred revenue
$
55

 
$
124

Deferred cost of sales
(33
)
 
(61
)
Deferred income on shipments to distributors
$
22

 
$
63

Net Loss Per Share
The following table sets forth the components of basic and diluted income (loss) per share:
 
2017
 
2016
 
2015
 
(In millions, except per share amounts)
Numerator—Net income (loss):
 
 
 
 
 
Numerator for basic and diluted net income (loss) per share
$
43

 
$
(497
)
 
$
(660
)
Denominator—Weighted average shares:
 
 
 
 
 
Denominator for basic earnings (loss) per share
952

 
835

 
783

Effect of potentially dilutive shares:
 
 
 
 
 
Employee stock options, restricted stock units, and warrants
87

 
—

 
—

Denominator for diluted earnings (loss) per share
1,039

 
835

 
783

Earnings (loss) per share:
 
 
 
 
 
Basic
$
0.04

 
$
(0.60
)
 
$
(0.84
)
Diluted
$
0.04

 
$
(0.60
)
 
$
(0.84
)
Accumulated Other Comprehensive Loss
The table below summarizes the changes in accumulated other comprehensive income (loss) by component for the years ended December 30, 2017 and December 31, 2016:
 
December 30,
2017
 
December 31,
2016
 
Unrealized gains (losses) on available-for-sale securities
 
Unrealized gains (losses) on cash flow hedges
 
Total
 
Unrealized gains (losses) on available-for-sale securities
Unrealized gains (losses) on cash flow hedges
 
Total
 
(In millions)
Beginning balance
$
(1
)
 
$
(4
)
 
$
(5
)
 
$
(1
)
$
(7
)
 
$
(8
)
Unrealized gains arising during the period, net of tax effects
1

 
17

 
18

 
—

1

 
1

Reclassification adjustment for (gains) losses realized and included in net income (loss), net of tax effects
—

 
(7
)
 
(7
)
 
—

2

 
2

Total other comprehensive income
1

 
10

 
11

 
—

3

 
3

Ending balance
$
—

 
$
6

 
$
6

 
$
(1
)
$
(4
)
 
$
(5
)