Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net revenue $ 1,272 $ 1,647
Cost of sales 751 1,050
Gross margin 521 597
Research and development 373 343
Marketing, general and administrative 170 134
Licensing gain (60) 0
Operating income 38 120
Interest expense (27) (31)
Other income (expense), net (7) 1
Income before income taxes and equity loss 4 90
Provision (benefit) for income taxes (13) 8
Equity loss in investee (1) (1)
Net income $ 16 $ 81
Earnings per share    
Basic (in usd per share) $ 0.01 $ 0.08
Diluted (in usd per share) $ 0.01 $ 0.08
Shares used in per share calculation    
Basic (in shares) 1,044 968
Diluted (in shares) 1,094 1,039