Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Net revenue $ 1,441 $ 1,161 $ 2,838 $ 2,249
Cost of sales 943 702 1,853 1,345
Gross margin 498 459 985 904
Research and development 277 308 556 620
Marketing, general and administrative 154 171 310 350
Amortization of acquired intangible assets 4 4 7 9
Restructuring and other special charges, net 0 5 0 52
Operating income (loss) 63 (29) 112 (127)
Interest income 0 2 1 3
Interest expense (46) (42) (93) (86)
Other expense, net (49) (2) (70) (5)
Loss before income taxes (32) (71) (50) (215)
Provision for income taxes 4 3 6 5
Net loss $ (36) $ (74) $ (56) $ (220)
Net loss per share        
Basic net loss per share $ (0.05) $ (0.10) $ (0.07) $ (0.29)
Diluted net loss per share $ (0.05) $ (0.10) $ (0.07) $ (0.29)
Shares used in per share calculation:        
Basic 764 752 762 751
Diluted 764 752 762 751