Quarterly report pursuant to Section 13 or 15(d)

Common Stock and Employee Equity Plans (Tables)

v3.24.2
Common Stock and Employee Equity Plans (Tables) - USD ($)
$ in Millions
6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Equity [Abstract]    
Schedule of Common Shares Outstanding
Common Stock
Shares of common stock outstanding were as follows:
Three Months Ended Six Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
(In millions)
Balance, beginning of period 1,618  1,609  1,616  1,612 
Common stock issued under employee equity plans
Common stock repurchases for tax withholding on equity awards —  —  (1) (1)
Issuance of common stock upon warrant exercise —  — 
Repurchases of common stock (2) —  (2) (3)
Balance, end of period 1,618  1,614  1,618  1,614 
 
Share-based Payment Arrangement, Expensed and Capitalized, Amount
Stock-based Compensation
Stock-based compensation expense recorded in the condensed consolidated statements of operations was as follows: 
Three Months Ended Six Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
(In millions)
Cost of sales $ $ 10  $ 11  $ 18 
Research and development 262  247  541  461 
Marketing, general and administrative 79  91  165  178 
Total $ 346  $ 348  $ 717  $ 657 
 
Payments for Repurchase of Common Stock $ 356 $ 241