v3.26.1
Common Stock and Stock-based Compensation (Tables)
shares in Thousands
3 Months Ended
Mar. 28, 2026
shares
Equity [Abstract]  
Schedule of Common Shares Outstanding
Common Stock
Shares of common stock outstanding were as follows:
Three Months Ended
March 28,
2026
March 29,
2025
(In millions)
Balance, beginning of period1,630 1,622 
Common stock issued under employee equity plans
Common stock repurchases for tax withholding on equity awards(1)— 
Repurchases of common stock(1)(7)
Balance, end of period1,630 1,616 
Share-based Payment Arrangement, Expensed and Capitalized, Amount
Stock-based Compensation
Stock-based compensation expense recorded in the Consolidated Statements of Operations was as follows: 
Three Months Ended
March 28,
2026
March 29,
2025
(In millions)
Cost of sales$$
Research and development387 282 
Marketing, general and administrative92 77 
Total $487 $364 
Stock Repurchased During Period, Shares 1,100