Quarterly report pursuant to Section 13 or 15(d)

Common Stock and Employee Equity Plans

v3.20.2
Common Stock and Employee Equity Plans
 6 Months Ended
Jun. 27, 2020
Equity [Abstract]  
Common Stock and Employee Equity Plans Common Stock and Employee Equity Plans
Shares of common stock outstanding were as follows:
Three Months Ended Six Months Ended
June 27,
2020		 June 29,
2019		 June 27,
2020		 June 29,
2019
(In millions)
Balance, beginning of period 1,171    1,082    1,170    1,005   
Common stock issued under employee equity plans 3    4    4    5   
Issuance of common stock upon warrant exercise —    —    —    75   
Issuance of treasury stock to partially settle debt —    —    —    1   
Balance, end of period 1,174    1,086    1,174    1,086   

Stock-based compensation expense was as follows: 
Three Months Ended Six Months Ended
June 27,
2020		 June 29,
2019		 June 27,
2020		 June 29,
2019
(In millions)
Cost of sales $ 2    $ 2    $ 4    $ 3   
Research and development 37    28    74    55   
Marketing, general and administrative 21    15    41    28   
Total $ 60    $ 45    $ 119    $ 86