Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity

v3.23.2
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Pre-Combination Unvested Restricted Stock Units Assumed
Common stock, par value
Additional paid-in capital
Additional paid-in capital
Fair Value of Common Stock Issued As Acquisition Consideration
Additional paid-in capital
Pre-Combination Unvested Restricted Stock Units Assumed
Accumulated deficit:
Accumulated other comprehensive income (loss):
Treasury Stock, Common
Beginning balance at Dec. 25, 2021     $ 12 $ 11,069     $ (1,451) $ (3) $ (2,130)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Common stock issued under employee equity plans       78          
Stock-based compensation       491          
Issuance of common stock to settle convertible debt       0          
Issuance of common stock warrants       12          
Repurchases of common stock                 (2,835)
Common stock repurchases for tax withholding on employee equity plans $ 66               (66)
Net income (loss) 1,233           1,233    
Other comprehensive income (loss)               (30)  
Ending balance at Jun. 25, 2022 55,169   16 57,297     (218) (33) (1,893)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable   $ 275 4   $ 45,372 $ 275     3,138
Beginning balance at Mar. 26, 2022     16 56,925     (665) (2) (941)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Common stock issued under employee equity plans       76          
Stock-based compensation       292          
Issuance of common stock to settle convertible debt       0          
Issuance of common stock warrants       4          
Repurchases of common stock                 (921)
Common stock repurchases for tax withholding on employee equity plans                 (31)
Net income (loss) 447           447    
Other comprehensive income (loss)               (31)  
Ending balance at Jun. 25, 2022 55,169   16 57,297     (218) (33) (1,893)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable     0 0         0
Beginning balance at Dec. 31, 2022 54,750   16 58,005     (131) (41) (3,099)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Common stock issued under employee equity plans       149          
Stock-based compensation       657          
Issuance of common stock to settle convertible debt       1          
Issuance of common stock warrants       13          
Repurchases of common stock                 (241)
Common stock repurchases for tax withholding on employee equity plans 87               (90)
Net income (loss) (112)           (112)    
Other comprehensive income (loss)               9  
Ending balance at Jul. 01, 2023 55,136   16 58,825     (243) (32) (3,430)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable   $ 0 0   0 0     0
Beginning balance at Apr. 01, 2023     16 58,331     (270) (21) (3,362)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Common stock issued under employee equity plans       145          
Stock-based compensation       348          
Issuance of common stock to settle convertible debt       1          
Issuance of common stock warrants       0          
Repurchases of common stock 241               0
Common stock repurchases for tax withholding on employee equity plans                 (68)
Net income (loss) 27           27    
Other comprehensive income (loss)               (11)  
Ending balance at Jul. 01, 2023 $ 55,136   16 $ 58,825     $ (243) $ (32) (3,430)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]                  
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable     $ 0   $ 0 $ 0     $ 0