Advanced Micro Devices (AMD) 10-Q 1 May 24 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 30, 2024	Apr. 25, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 30, 2024
Document Transition Report	false
Entity File Number	001-07882
Entity Registrant Name	ADVANCED MICRO DEVICES, INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1692300
Entity Address, Address Line One	2485 Augustine Drive
Entity Address, City or Town	Santa Clara
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95054
City Area Code	408
Local Phone Number	749-4000
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	AMD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,616,313,871
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000002488
Current Fiscal Year End Date	--12-28

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Net revenue	$ 5,473	$ 5,353
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization	2,683	2,689
Amortization of acquisition-related intangibles- COGS	230	305
Cost of sales	2,913	2,994
Gross profit	2,560	2,359
Research and development	1,525	1,411
Marketing, general and administrative	620	585
Amortization of acquisition-related intangibles-Opex	392	518
Licensing gain	(13)	(10)
Operating income (loss)	36	(145)
Interest expense	(25)	(25)
Other income (expense), net	53	43
Income (loss) before income taxes and equity income	64	(127)
Income tax provision (benefit)	(52)	13
Equity income in investee	7	1
Net income (loss)	$ 123	$ (139)
Earnings (loss) per share
Basic (in usd per share)	$ 0.08	$ (0.09)
Diluted (in usd per share)	$ 0.07	$ (0.09)
Shares used in per share calculation
Basic (in shares)	1,617	1,611
Diluted (in shares)	1,639	1,611

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 123	$ (139)
Other comprehensive income (loss), net of tax:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(22)	20
Total comprehensive income (loss)	101	(119)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	$ (22)	$ 20

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) shares in Millions, $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Current assets:
Cash and cash equivalents	$ 4,190	$ 3,933
Short-Term Investments	1,845	1,840
Accounts receivable, net	5,038	5,376
Inventories	4,652	4,351
Receivables from related parties	31	9
Prepaid expenses and other current assets	1,328	1,259
Total current assets	17,084	16,768
Property and equipment, net	1,624	1,589
Operating lease right-of-use assets	632	633
Goodwill	24,262	24,262
Acquisition-related intangibles, net	20,741	21,363
Investment: equity method	106	99
Deferred tax assets	433	366
Other non-current assets	3,013	2,805
Total Assets	67,895	67,885
Current liabilities:
Accounts payable	1,418	2,055
Payables to related parties	438	363
Accrued liabilities	3,444	3,082
Other current liabilities	424	438
Less: current portion of long-term debt and related unamortized debt premium and issuance costs	750	751
Total current liabilities	6,474	6,689
Long-term debt, net of current portion	1,718	1,717
Long-term operating lease liabilities	530	535
Deferred tax liabiilty	1,199	1,202
Other long-term liabilities	1,776	1,850
Commitments and contingencies (See Note 12)
Capital stock:
Common stock, par value $0.01; shares authorized: 2,250; shares issued: 1,666 and 1,663; shares outstanding: 1,618 and 1,616	17	17
Additional paid-in capital	60,053	59,676
Treasury stock, at cost (shares held: 48 and 47)	(4,690)	(4,514)
Retained earnings	846	723
Accumulated other comprehensive loss	(28)	(10)
Total stockholders’ equity	56,198	55,892
Total liabilities and stockholders’ equity	$ 67,895	$ 67,885
Common stock, outstanding (in shares)	1,618	1,616
Common stock, par value (in dollars per share)	$ 0.01
Common stock, authorized (in shares)	2,250
Common stock, issued (in shares)	1,666	1,663

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheet (Parenthetical) - USD ($) shares in Millions, $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01
Common stock, authorized (in shares)	2,250
Common stock, issued (in shares)	1,666	1,663
Common stock, outstanding (in shares)	1,618	1,616
Treasury Stock, Common, Shares	48	47
Cash and cash equivalents	$ 4,190	$ 3,933

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Cash flows from operating activities:
Net income (loss)	$ 123	$ (139)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Stock-based compensation	371	309
Inventory Write-down	65	0
Amortization of operating lease right-of-use assets	26	24
Other	(22)	(5)
Changes in operating assets and liabilities
Accounts receivable, net	338	(86)
Inventories	(368)	464
Prepaid expenses and other assets	(322)	191
Receivables from and payables to related parties, net	53	(109)
Accounts payable	(636)	73
Accrued and other liabilities	175	218
Net Cash Provided by (Used in) Operating Activities, Total	521	486
Net cash provided by operating activities
Purchases of property and equipment	(142)	(158)
Purchases of short-term investments	(433)	(1,703)
Proceeds from maturity of short-term investments	441	473
Proceeds from sale of short-term investments	2	145
Payments to Acquire Businesses, Net of Cash Acquired [Abstract]
Other	(3)	(6)
Net Cash Provided by (Used in) Investing Activities, Total	(135)	(1,237)
Net cash used in financing activities
Proceeds from sales of common stock through employee equity plans	5	3
Payments for Repurchase of Common Stock	(4)	(241)
Payment, Tax Withholding, Share-Based Payment Arrangement	(129)	(21)
Proceeds from (Payments for) Other Financing Activities	1	0
Net Cash Provided by (Used in) Financing Activities, Total	(129)	(259)
Net increase (decrease) in cash and cash equivalents	257	(1,010)
Cash and cash equivalents at beginning of period	3,933	4,835
Cash and cash equivalents at end of period	4,190	3,825
Income Taxes Paid, Net	87	21
Proceeds from (Payments for) Other Financing Activities	1	0
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid	102	69
Liabilities Assumed, RSU Tax Withholding [Abstract]	42	0
Operating lease right-of-use assets acquired by assuming related liabilities	25	0
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents	4,190
Total cash and cash equivalents	4,190	3,825
Depreciation and amortization	784	982
Deferred income taxes	$ (66)	$ (308)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions	Total	Common stock, par value	Additional paid-in capital	Retained earnings (Accumulated deficit):	Accumulated other comprehensive loss:	Treasury Stock, Common
Beginning balance at Dec. 31, 2022		$ 16	$ 58,005	$ (131)	$ (41)	$ (3,099)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Common stock issued under employee equity plans			4
Stock-based compensation			309
Issuance of common stock warrants			13
Repurchases of common stock						(242)
Payment, Tax Withholding, Share-Based Payment Arrangement	$ 21					(21)
Net income (loss)	(139)			(139)
Other comprehensive income (loss)					20
Ending balance at Apr. 01, 2023	54,694	16	58,331	(270)	(21)	(3,362)
Beginning balance at Dec. 30, 2023	55,892	17	59,676	723	(10)	(4,514)
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Common stock issued under employee equity plans			6
Stock-based compensation			371
Issuance of common stock warrants			0
Repurchases of common stock	4					(4)
Payment, Tax Withholding, Share-Based Payment Arrangement	129					(172)
Net income (loss)	123			123
Other comprehensive income (loss)					(18)
Ending balance at Mar. 30, 2024	$ 56,198	$ 17	$ 60,053	$ 846	$ (28)	$ (4,690)

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies Basis of Presentation. The accompanying unaudited condensed consolidated financial statements of AMD have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. The results of operations for the three months ended March 30, 2024 shown in this report are not necessarily indicative of results to be expected for the full year ending December 28, 2024 or any other future period. In the opinion of the Company’s management, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s results of operations, financial position, cash flows and stockholders’ equity. All such adjustments are of a normal, recurring nature. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the fiscal year ended December 30, 2023. Certain immaterial prior period amounts have been reclassified to conform to current period presentation. The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three months ended March 30, 2024 and April 1, 2023 each consisted of 13 weeks. Use of Estimates. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill, long-lived and intangible assets, and income taxes. Significant Accounting Policies.

Related Parities - Equity Joint

Related Parities - Equity Joint Ventures	3 Months Ended
	Mar. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Related Parities - Equity Joint Ventures	Related Parties — Equity Joint Ventures ATMP Joint Ventures The Company holds a 15% equity interest in two joint ventures (collectively, the ATMP JV) with affiliates of Tongfu Microelectronics Co., Ltd, a Chinese joint stock company. The Company has no obligation to fund the ATMP JV. The Company accounts for its equity interests in the ATMP JV under the equity method of accounting due to its significant influence over the ATMP JV. The ATMP JV provides assembly, testing, marking and packaging (ATMP) services to the Company. The Company assists the ATMP JV in its management of certain raw material inventory. The purchases from and resales to the ATMP JV of inventory under the Company’s inventory management program are reported within purchases and resales with the ATMP JV and do not impact the Company’s condensed consolidated statements of operations. The Company’s purchases from the ATMP JV during the three months ended March 30, 2024 and April 1, 2023 amounted to $450 million and $367 million, respectively. As of March 30, 2024 and December 30, 2023, the amounts payable to the ATMP JV were $438 million and $363 million, respectively, and are included in Payables to related parties on the Company’s condensed consolidated balance sheets. The Company’s resales to the ATMP JV during the three months ended March 30, 2024 and April 1, 2023 amounted to $40 million and $1 million, respectively. As of March 30, 2024 and December 30, 2023, the Company had receivables from the ATMP JV of $31 million and $9 million, respectively, included in Receivables from related parties on the Company’s condensed consolidated balance sheets. During the three months ended March 30, 2024 and April 1, 2023, the Company recorded a gain of $7 million and $1 million, respectively, in Equity income in investee on its condensed consolidated statements of operations, respectively. As of March 30, 2024 and December 30, 2023, the carrying value of the Company’s investment in the ATMP JV was $106 million and $99 million, respectively. THATIC Joint Ventures

Debt and Revolving Facility

Debt and Revolving Facility	3 Months Ended
	Mar. 30, 2024
Debt Disclosure [Abstract]
Debt and Revolving Facility	Debt and Revolving Credit Facility Debt The Company’s total debt as of March 30, 2024 and December 30, 2023 consisted of the following: March 30, December 30, (In millions) 2.95% Senior Notes Due 2024 (2.95% Notes) $ 750 $ 750 2.375% Senior Notes Due 2030 (2.375% Notes) 750 750 3.924% Senior Notes Due 2032 (3.924% Notes) 500 500 4.393% Senior Notes Due 2052 (4.393% Notes) 500 500 Total debt (principal amount) 2,500 2,500 Unamortized debt premium, discount and issuance costs, net (32) (32) Total debt (net) 2,468 2,468 Less: current portion of long-term debt and related unamortized debt premium and issuance costs (750) (751) Total long-term debt $ 1,718 $ 1,717 2.95% Senior Notes Due 2024 and 2.375% Senior Notes Due 2030 The 2.95% Notes and 2.375% Notes are general unsecured senior obligations of the Company with semi-annual fixed interest payments due on June 1 and December 1. 3.924% Senior Notes Due 2032 and 4.393% Senior Notes Due 2052 The 3.924% Notes and 4.393% Notes are general unsecured senior obligations of the Company, semi-annual fixed interest payments due on June 1 and December 1. The 3.924% and 4.393% Notes are governed by the terms of an indenture dated June 9, 2022 between the Company and US Bank Trust Company, National Association as trustee. The Company may redeem some or all of the 3.924% Notes and 4.393% Notes prior to March 1, 2032 and December 1, 2051, respectively, at a price equal to the greater of the present value of the principal amount and future interest through the maturity of the 3.924% Notes or 4.393% Notes or 100% of the principal amount plus accrued and unpaid interest. Holders have the right to require the Company to repurchase all or a portion of the 3.924% Notes or 4.393% Notes in the event that the Company undergoes a change of control as defined in the indenture, at a repurchase price of 101% of the principal amount plus accrued and unpaid interest. Additionally, an event of default may result in the acceleration of the maturity of the 3.924% Notes and 4.393% Notes. Future Debt Payment Obligations As of March 30, 2024, the Company’s future principal debt payment obligations were as follows: Fiscal Year (In millions) Remainder of 2024 $ 750 2025-2028 — 2029 and thereafter 1,750 Total $ 2,500 Revolving Credit Facility The Company has $3.0 billion available under a revolving credit agreement that expires on April 29, 2027 (Revolving Credit Agreement). As of March 30, 2024 and December 30, 2023, the Company had no outstanding borrowings under the Revolving Credit Agreement. Revolving loans under the Revolving Credit Agreement can be either Secure Overnight Financing Rate (SOFR) Loans or Base Rate Loans (each as defined in the Revolving Credit Agreement) at the Company's option. Each SOFR Loan will bear interest at a rate per annum equal to the applicable SOFR plus a margin between 0.625% and 1.250%. Each Base Rate Loan will bear interest equal to the Base Rate plus a margin between 0.000% and 0.250%. The Revolving Credit Agreement also contains a sustainability-linked pricing component which provides for interest rate and facility fee reductions or increases based on the Company meeting or missing targets related to environmental sustainability, specifically greenhouse gas emissions. The Revolving Credit Agreement contains customary representations and warranties, affirmative and negative covenants, and events of default applicable to the Company and its subsidiaries. As of March 30, 2024, the Company was in compliance with these covenants. Commercial Paper On November 3, 2022, the Company established a commercial paper program, under which the Company may issue unsecured commercial paper notes up to a maximum principal amount outstanding at any time of $3.0 billion with a maturity of up to 397 days from the date of issue. The commercial paper will be sold at a discount from par or, alternatively, will be sold at par and bear interest at rates that will vary based on market conditions at the time of issuance. During the three months ended March 30, 2024 and April 1, 2023, the Company did not issue any commercial paper under the program and as of March 30, 2024 and December 30, 2023, the Company had no commercial paper outstanding.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Fair Value Disclosures	Financial Instruments Fair Value Measurements The Company’s financial instruments are measured and recorded at fair value on a recurring basis, except for non-marketable equity investments in privately-held companies. These equity investments are generally accounted for under the measurement alternative, defined as cost, less impairments, adjusted for subsequent observable price changes and are periodically assessed for impairment when events or circumstances indicate that a decline in value may have occurred. Financial Instruments Recorded at Fair Value on a Recurring Basis March 30, 2024 December 30, 2023 (In millions) Level 1 Level 2 Total Level 1 Level 2 Total Cash equivalents Money market funds $ 1,051 $ — $ 1,051 $ 969 $ — $ 969 Corporate debt securities — 1,472 1,472 — 753 753 U.S. government and agency securities 573 — 573 1,252 — 1,252 Non-U.S. government and agency securities — 70 70 — 135 135 Time deposits and certificates of deposits — 166 166 — 205 205 Short-term investments Corporate debt securities — 526 526 — 506 506 Time deposits and certificates of deposits — 10 10 — 9 9 Asset-backed and mortgage-backed securities — 33 33 — 34 34 U.S. government and agency securities 1,158 41 1,199 1,209 28 1,237 Non-U.S. government and agency securities — 77 77 — 54 54 Other non-current assets Deferred compensation plan investments 147 — 147 133 — 133 Total assets measured at fair value $ 2,929 $ 2,395 $ 5,324 $ 3,563 $ 1,724 $ 5,287 Deferred compensation plan investments are primarily mutual fund investments held in a Rabbi trust established to maintain the Company’s executive deferred compensation plan. The following is a summary of cash equivalents and short-term investments: March 30, 2024 December 30, 2023 Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair (in millions) (in millions) Asset-backed and mortgage-backed securities $ 35 $ — $ (2) $ 33 $ 35 $ — $ (2) $ 33 Corporate debt securities 1,998 — — 1,998 1,259 — — 1,259 Money market funds 1,051 — — 1,051 969 — — 969 Time deposits and certificates of deposits 176 — — 176 214 — — 214 U.S. government and agency securities 1,772 — — 1,772 2,487 3 — 2,490 Non-U.S. government and agency securities 147 — — 147 189 — — 189 $ 5,179 $ — $ (2) $ 5,177 $ 5,153 $ 3 $ (2) $ 5,154 As of March 30, 2024 and December 30, 2023, the Company did not have material available-for-sale debt securities which had been in a continuous unrealized loss position of more than twelve months. The contractual maturities of cash equivalents and investments classified as available-for-sale are as follows: March 30, 2024 December 30, 2023 Amortized Cost Fair Value Amortized Cost Fair Value (In millions) (In millions) Due within 1 year $ 3,638 $ 3,637 $ 3,792 $ 3,792 Due in 1 year through 5 years 459 459 361 364 Due in 5 years and later 31 30 32 30 $ 4,128 $ 4,126 $ 4,185 $ 4,186 Financial Instruments Not Recorded at Fair Value The Company carries its financial instruments at fair value except for its debt. The carrying amounts and estimated fair values of the Company’s debt are as follows: March 30, 2024 December 30, 2023 Carrying Estimated Carrying Estimated (In millions) (In millions) Current portion of long-term debt, net $ 750 $ 747 $ 751 $ 741 Long-term debt, net of current portion $ 1,718 $ 1,570 $ 1,717 $ 1,630 The estimated fair value of the Company’s long-term debt is based on Level 2 inputs of quoted prices for the Company’s debt and comparable instruments in inactive markets. The fair value of the Company’s accounts receivable, accounts payable and other short-term obligations approximate their carrying value based on existing terms. Financial Instruments Measured at Fair Value on a Non-Recurring Basis The Company’s investments in non-marketable securities in privately-held companies are recorded using a measurement alternative that adjusts the securities to fair value when the Company recognizes an observable price adjustment or an impairment. As of March 30, 2024 and December 30, 2023, the Company had non-marketable securities in privately-held companies of $156 million and $155 million, respectively, that are recorded under Other non-current assets in the balance sheet. Impairment losses or observable price adjustments were not material during the three months ended March 30, 2024 and April 1, 2023. Hedging Transactions and Derivative Financial Instruments Foreign Currency Forward Contracts Designated as Accounting Hedges The Company enters into foreign currency forward contracts to hedge its exposure to foreign currency exchange rate risk related to future forecasted transactions denominated in currencies other than the U.S. Dollar. These contracts generally mature within 24 months and are designated as accounting hedges. As of March 30, 2024 and December 30, 2023, the notional value of the Company’s outstanding foreign currency forward contracts designated as cash flow hedges was $2.2 billion and $2.4 billion, respectively. The fair value of these contracts, recorded as a liability, was $14 million as of March 30, 2024 and as an asset of $6 million as of December 30, 2023. Foreign Currency Forward Contracts Not Designated as Accounting Hedges The Company also enters into foreign currency forward contracts to reduce the short-term effects of foreign currency fluctuations on certain receivables or payables denominated in currencies other than the U.S. Dollar. These forward contracts generally mature within 3 months and are not designated as accounting hedges. As of March 30, 2024 and December 30, 2023, the notional value of these outstanding contracts was $803 million and $568 million, respectively. The fair value of these contracts was not material as of March 30, 2024 and December 30, 2023.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table sets forth the components of basic and diluted earnings per share: Three Months Ended March 30, April 1, (In millions, except per share amounts) Numerator Net income (loss) for basic earnings per share $ 123 $ (139) Denominator Basic weighted average shares 1,617 1,611 Potentially dilutive shares from employee equity plans 22 — Diluted weighted average shares 1,639 1,611 Earnings (loss) per share: Basic $ 0.08 $ (0.09) Diluted $ 0.07 $ (0.09)

Common Stock and Employee Equit

Common Stock and Employee Equity Plans	3 Months Ended
	Mar. 30, 2024
Equity [Abstract]
Common Stock and Employee Equity Plans	Common Stock and Employee Equity Plans Common Stock Shares of common stock outstanding were as follows: Three Months Ended March 30, April 1, (In millions) Balance, beginning of period 1,616 1,612 Common stock issued under employee equity plans 3 1 Common stock repurchases for tax withholding on equity awards (1) (1) Repurchases of common stock — (3) Balance, end of period 1,618 1,609 Stock Repurchase Program The Company has an approved stock repurchase program authorizing repurchases of up to $12 billion of the Company’s common stock (Repurchase Program). During the three months ended March 30, 2024, the Company returned $4 million to shareholders through the repurchase of its common stock under the Repurchase Program. As of March 30, 2024, $5.6 billion remains available for future stock repurchases under the Repurchase Program. The Repurchase Program does not obligate the Company to acquire any common stock, has no termination date and may be suspended or discontinued at any time. Stock-based Compensation Stock-based compensation expense recorded in the condensed consolidated statements of operations was as follows: Three Months Ended March 30, April 1, (In millions) Cost of sales $ 6 $ 8 Research and development 279 214 Marketing, general and administrative 86 87 Total $ 371 $ 309

Income Taxes

Income Taxes	3 Months Ended
	Mar. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company determines its income taxes for interim reporting periods by applying the Company’s estimated annual effective tax rate to the year-to-date results, adjusted for tax items discrete to each period. For the three months ended March 30, 2024, the Company recorded an income tax benefit of $52 million representing an effective tax rate of (73.2)%. The difference between the U.S. federal statutory tax rate of 21% and the Company's estimated annual effective tax rate was primarily due to the income tax benefit from foreign-derived intangible income (FDII) and research and development (R&D) tax credits. In addition, the tax benefit reflected discrete income tax benefits of $61 million, primarily related to stock-based compensation. For the three months ended April 1, 2023, the Company recorded an income tax provision of $13 million representing an effective tax rate of (10.3)%. The difference between the U.S. federal statutory tax rate of 21% and the Company's estimated annual effective tax rate was primarily due to a higher mix of income taxed in lower tax rate jurisdictions, R&D tax credits, and beneficial rate impact from FDII tax benefit. In addition, the tax provision reflected discrete tax expense related to interest and penalties accrued for uncertain tax position. As of March 30, 2024 and December 30, 2023, the Company had long-term income tax liabilities of $1.5 billion and $1.6 billion

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 30, 2024
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Management, including the Chief Operating Decision Maker (CODM), who is the Company’s Chief Executive Officer, reviews and assesses operating performance using segment net revenue and operating income (loss). These performance measures include the allocation of expenses to the reportable segments based on management’s judgment. The Company’s four reportable segments are: • the Data Center segment, which primarily includes server microprocessors (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), Smart Network Interface Cards (SmartNICs), Artificial Intelligence (AI) accelerators and Adaptive System-on-Chip (SoC) products for data centers; • the Client segment, which primarily includes CPUs, APUs, and chipsets for desktop, notebook and handheld personal computers; • the Gaming segment, which primarily includes discrete GPUs, and semi-custom SoC products and development services; and • the Embedded segment, which primarily includes embedded CPUs, GPUs, APUs, FPGAs, System on Modules (SOMs), and Adaptive SoC products. From time to time, the Company may also sell or license portions of its IP portfolio. In addition to these reportable segments, the Company has an All Other category, which is not a reportable segment. This category primarily includes certain expenses and credits that are not allocated to any of the reportable segments because the CODM does not consider these expenses and credits in evaluating the performance of the reportable segments. This category primarily includes amortization of acquisition-related intangibles, employee stock-based compensation expense, inventory loss at contract manufacturer, acquisition-related and other costs, and licensing gain. Acquisition-related and other costs primarily include transaction costs, purchase price adjustments for inventory, certain compensation charges, contract termination and workforce rebalancing charges. The following table provides a summary of net revenue and operating income (loss) by segment: Three Months Ended March 30, April 1, (In millions) Net revenue: Data Center $ 2,337 $ 1,295 Client 1,368 739 Gaming 922 1,757 Embedded 846 1,562 Total net revenue $ 5,473 $ 5,353 Operating income (loss): Data Center $ 541 $ 148 Client 86 (172) Gaming 151 314 Embedded 342 798 All Other (1) (1,084) (1,233) Total operating income (loss) $ 36 $ (145) (1) For the three months ended March 30, 2024, all other operating losses primarily included $622 million of amortization of acquisition-related intangibles, $371 million of stock-based compensation expense, $65 million of inventory loss at contract manufacturer and $39 million of acquisition-related and other costs. For the three months ended April 1, 2023, all other operating losses primarily included $823 million of amortization of acquisition-related intangibles, $309 million of stock-based compensation expense and $111 million of acquisition-related and other costs.

Contingencies

Contingencies	3 Months Ended
	Mar. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Commitments and Contingencies Commitments The Company’s purchase commitments primarily include obligations to purchase wafers and substrates from third parties. These purchase obligations were made under noncancellable purchase orders or contractual obligations requiring minimum purchases for which cancellation would lead to significant penalties. Purchase commitments also include future payments related to certain software, technology and IP licenses. Total future unconditional purchase commitments as of March 30, 2024 were as follows: Fiscal Year (In millions) Remainder of 2024 $ 3,278 2025 348 2026 182 2027 44 2028 46 2029 and thereafter 94 Total unconditional purchase commitments $ 3,992 On an ongoing basis, the Company works with suppliers on timing of payments and deliveries of purchase commitments, taking into account business conditions. Contingencies During the quarterly period ended March 30, 2024, there were no material legal proceedings. The Company is a defendant or plaintiff in various actions that arose in the normal course of business. With respect to these matters, based on management’s current knowledge, the Company believes that the amount or range of reasonably possible loss, if any, will not, either individually or in the aggregate, have a material adverse effect on the Company’s financial position, results of operations, or cash flows.

The Company

The Company	3 Months Ended
	Mar. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company	The CompanyAdvanced Micro Devices, Inc. is a global semiconductor company. References herein to AMD or the Company mean Advanced Micro Devices, Inc. and its consolidated subsidiaries. AMD’s products include x86 microprocessors (CPUs) and graphics processing units (GPUs), as standalone devices or as incorporated into accelerated processing units (APUs), chipsets, data center and professional GPUs, embedded processors, semi-custom System-on-Chip (SoC) products, microprocessor and SoC development services and technology, data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), System on Modules (SOMs), Smart Network Interface Cards (SmartNICs), Artificial Intelligence (AI) Accelerators and Adaptive SoC products. From time to time, the Company may also sell or license portions of its intellectual property (IP) portfolio.

Intangible Assets, Goodwill and

Intangible Assets, Goodwill and Other	3 Months Ended
	Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	Acquisition-related Intangible Assets Acquisition-related intangibles were as follows: March 30, 2024 December 30, 2023 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) (In millions) Developed technology $ 13,390 $ (1,815) $ 11,575 $ 13,390 $ (1,583) $ 11,807 Customer relationships 12,324 (4,127) 8,197 12,324 (3,755) 8,569 Customer backlog 809 (809) — 809 (809) — Corporate trade name 65 (65) — 65 (65) — Product trademarks 914 (165) 749 914 (147) 767 Identified intangible assets subject to amortization 27,502 (6,981) 20,521 27,502 (6,359) 21,143 In-process research and development (IPR&D) not subject to amortization 220 — 220 220 — 220 Total acquisition-related intangible assets $ 27,722 $ (6,981) $ 20,741 $ 27,722 $ (6,359) $ 21,363 Developed technology and customer relationships were acquired primarily from the Xilinx acquisition on February 14, 2022. Acquisition-related intangible amortization expense was $622 million and $823 million for the three months ended March 30, 2024 and April 1, 2023, respectively. Based on the carrying value of acquisition-related intangibles recorded as of March 30, 2024, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows: Fiscal Year (In millions) Remainder of 2024 $ 1,749 2025 2,145 2026 2,034 2027 1,922 2028 1,846 2029 and thereafter 10,825 Total $ 20,521

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Pay vs Performance Disclosure
Net income (loss)	$ 123	$ (139)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 30, 2024 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 7, 2024, Jean Hu, Executive Vice President, Chief Financial Officer and Treasurer, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to 40,000 shares of the Company’s common stock until March 7, 2025.
Name	Jean Hu
Title	Executive Vice President, Chief Financial Officer and Treasurer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 7, 2024
Termination Date	March 7, 2025
Aggregate Available	40,000

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation and Significant Accounting Policies Basis of Presentation. The accompanying unaudited condensed consolidated financial statements of AMD have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. The results of operations for the three months ended March 30, 2024 shown in this report are not necessarily indicative of results to be expected for the full year ending December 28, 2024 or any other future period. In the opinion of the Company’s management, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s results of operations, financial position, cash flows and stockholders’ equity. All such adjustments are of a normal, recurring nature. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the fiscal year ended December 30, 2023. Certain immaterial prior period amounts have been reclassified to conform to current period presentation. The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three months ended March 30, 2024 and April 1, 2023 each consisted of 13 weeks. Use of Estimates. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill, long-lived and intangible assets, and income taxes. Significant Accounting Policies. There have been no material changes to the Company’s significant accounting policies in Note 2 - Basis of Presentation and Significant Accounting Policies, of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 30, 2023.
Fiscal Period	The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three months ended March 30, 2024 and April 1, 2023 each consisted of 13 weeks. Use of Estimates. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill, long-lived and intangible assets, and income taxes.

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information (Tables)	3 Months Ended
	Mar. 30, 2024
Balance Sheet Related Disclosures [Abstract]
Inventories	Inventories March 30, December 30, (In millions) Raw materials $ 292 $ 279 Work in process 3,376 3,260 Finished goods 984 812 Total inventories $ 4,652 $ 4,351
Property and Equipment, Net	Property and Equipment, net March 30, December 30, (In millions) Land, building and leasehold improvements $ 829 $ 821 Equipment 2,456 2,346 Construction in progress 223 209 Property and equipment, gross 3,508 3,376 Accumulated depreciation (1,884) (1,787) Total property and equipment, net $ 1,624 $ 1,589
Accrued Liabilities	Accrued Liabilities March 30, December 30, (In millions) Accrued marketing programs $ 761 $ 827 Accrued compensation and benefits 826 884 Customer program liabilities 936 544 Other accrued liabilities 921 827 Total accrued liabilities $ 3,444 $ 3,082

Debt and Revolving Facility (Ta

Debt and Revolving Facility (Tables)	3 Months Ended
	Mar. 30, 2024
Debt Disclosure [Abstract]
Schedule of Debt	The Company’s total debt as of March 30, 2024 and December 30, 2023 consisted of the following: March 30, December 30, (In millions) 2.95% Senior Notes Due 2024 (2.95% Notes) $ 750 $ 750 2.375% Senior Notes Due 2030 (2.375% Notes) 750 750 3.924% Senior Notes Due 2032 (3.924% Notes) 500 500 4.393% Senior Notes Due 2052 (4.393% Notes) 500 500 Total debt (principal amount) 2,500 2,500 Unamortized debt premium, discount and issuance costs, net (32) (32) Total debt (net) 2,468 2,468 Less: current portion of long-term debt and related unamortized debt premium and issuance costs (750) (751) Total long-term debt $ 1,718 $ 1,717
Schedule of Maturities of Long-term Debt	Future Debt Payment Obligations As of March 30, 2024, the Company’s future principal debt payment obligations were as follows: Fiscal Year (In millions) Remainder of 2024 $ 750 2025-2028 — 2029 and thereafter 1,750 Total $ 2,500

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Fair Value, Assets Measured on Recurring Basis	Financial Instruments Recorded at Fair Value on a Recurring Basis March 30, 2024 December 30, 2023 (In millions) Level 1 Level 2 Total Level 1 Level 2 Total Cash equivalents Money market funds $ 1,051 $ — $ 1,051 $ 969 $ — $ 969 Corporate debt securities — 1,472 1,472 — 753 753 U.S. government and agency securities 573 — 573 1,252 — 1,252 Non-U.S. government and agency securities — 70 70 — 135 135 Time deposits and certificates of deposits — 166 166 — 205 205 Short-term investments Corporate debt securities — 526 526 — 506 506 Time deposits and certificates of deposits — 10 10 — 9 9 Asset-backed and mortgage-backed securities — 33 33 — 34 34 U.S. government and agency securities 1,158 41 1,199 1,209 28 1,237 Non-U.S. government and agency securities — 77 77 — 54 54 Other non-current assets Deferred compensation plan investments 147 — 147 133 — 133 Total assets measured at fair value $ 2,929 $ 2,395 $ 5,324 $ 3,563 $ 1,724 $ 5,287
Summary of Investment Holdings, Schedule of Investments	The following is a summary of cash equivalents and short-term investments: March 30, 2024 December 30, 2023 Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Cost/ Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair (in millions) (in millions) Asset-backed and mortgage-backed securities $ 35 $ — $ (2) $ 33 $ 35 $ — $ (2) $ 33 Corporate debt securities 1,998 — — 1,998 1,259 — — 1,259 Money market funds 1,051 — — 1,051 969 — — 969 Time deposits and certificates of deposits 176 — — 176 214 — — 214 U.S. government and agency securities 1,772 — — 1,772 2,487 3 — 2,490 Non-U.S. government and agency securities 147 — — 147 189 — — 189 $ 5,179 $ — $ (2) $ 5,177 $ 5,153 $ 3 $ (2) $ 5,154
Investments Classified by Contractual Maturity Date	The contractual maturities of cash equivalents and investments classified as available-for-sale are as follows: March 30, 2024 December 30, 2023 Amortized Cost Fair Value Amortized Cost Fair Value (In millions) (In millions) Due within 1 year $ 3,638 $ 3,637 $ 3,792 $ 3,792 Due in 1 year through 5 years 459 459 361 364 Due in 5 years and later 31 30 32 30 $ 4,128 $ 4,126 $ 4,185 $ 4,186
Financial Instruments Not Recorded at Fair Value	The Company carries its financial instruments at fair value except for its debt. The carrying amounts and estimated fair values of the Company’s debt are as follows: March 30, 2024 December 30, 2023 Carrying Estimated Carrying Estimated (In millions) (In millions) Current portion of long-term debt, net $ 750 $ 747 $ 751 $ 741 Long-term debt, net of current portion $ 1,718 $ 1,570 $ 1,717 $ 1,630

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 30, 2024
Earnings Per Share [Abstract]
Components of Basic and Diluted Earnings (Loss) Per Share	The following table sets forth the components of basic and diluted earnings per share: Three Months Ended March 30, April 1, (In millions, except per share amounts) Numerator Net income (loss) for basic earnings per share $ 123 $ (139) Denominator Basic weighted average shares 1,617 1,611 Potentially dilutive shares from employee equity plans 22 — Diluted weighted average shares 1,639 1,611 Earnings (loss) per share: Basic $ 0.08 $ (0.09) Diluted $ 0.07 $ (0.09)

Common Stock and Employee Equ_2

Common Stock and Employee Equity Plans (Tables) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Equity [Abstract]
Schedule of Common Shares Outstanding	Common Stock Shares of common stock outstanding were as follows: Three Months Ended March 30, April 1, (In millions) Balance, beginning of period 1,616 1,612 Common stock issued under employee equity plans 3 1 Common stock repurchases for tax withholding on equity awards (1) (1) Repurchases of common stock — (3) Balance, end of period 1,618 1,609
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 March 30, April 1, (In millions) Cost of sales $ 6 $ 8 Research and development 279 214 Marketing, general and administrative 86 87 Total $ 371 $ 309
Payments for Repurchase of Common Stock	$ 4	$ 241

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 30, 2024
Segment Reporting [Abstract]
Summary of Net Revenue and Operating Income (Loss) by Segment	The following table provides a summary of net revenue and operating income (loss) by segment: Three Months Ended March 30, April 1, (In millions) Net revenue: Data Center $ 2,337 $ 1,295 Client 1,368 739 Gaming 922 1,757 Embedded 846 1,562 Total net revenue $ 5,473 $ 5,353 Operating income (loss): Data Center $ 541 $ 148 Client 86 (172) Gaming 151 314 Embedded 342 798 All Other (1) (1,084) (1,233) Total operating income (loss) $ 36 $ (145) (1) For the three months ended March 30, 2024, all other operating losses primarily included $622 million of amortization of acquisition-related intangibles, $371 million of stock-based compensation expense, $65 million of inventory loss at contract manufacturer and $39 million of acquisition-related and other costs. For the three months ended April 1, 2023, all other operating losses primarily included $823 million of amortization of acquisition-related intangibles, $309 million of stock-based compensation expense and $111 million of acquisition-related and other costs.

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	3 Months Ended
	Mar. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Recorded Unconditional Purchase Obligations	Total future unconditional purchase commitments as of March 30, 2024 were as follows: Fiscal Year (In millions) Remainder of 2024 $ 3,278 2025 348 2026 182 2027 44 2028 46 2029 and thereafter 94 Total unconditional purchase commitments $ 3,992

Intangible Assets, Goodwill a_2

Intangible Assets, Goodwill and Other (Tables)	3 Months Ended
	Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class	March 30, 2024 December 30, 2023 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (In millions) (In millions) Developed technology $ 13,390 $ (1,815) $ 11,575 $ 13,390 $ (1,583) $ 11,807 Customer relationships 12,324 (4,127) 8,197 12,324 (3,755) 8,569 Customer backlog 809 (809) — 809 (809) — Corporate trade name 65 (65) — 65 (65) — Product trademarks 914 (165) 749 914 (147) 767 Identified intangible assets subject to amortization 27,502 (6,981) 20,521 27,502 (6,359) 21,143 In-process research and development (IPR&D) not subject to amortization 220 — 220 220 — 220 Total acquisition-related intangible assets $ 27,722 $ (6,981) $ 20,741 $ 27,722 $ (6,359) $ 21,363
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Based on the carrying value of acquisition-related intangibles recorded as of March 30, 2024, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows: Fiscal Year (In millions) Remainder of 2024 $ 1,749 2025 2,145 2026 2,034 2027 1,922 2028 1,846 2029 and thereafter 10,825 Total $ 20,521

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Details) - USD ($) $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Disaggregation of Revenue [Line Items]
Deferred tax liabiilty	$ 1,199	$ 1,202

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Accounts Receivable, Net
Unbilled contracts receivable	$ 1,600	$ 1,100
Inventories
Raw materials	292	279
Work in process	3,376	3,260
Finished goods	984	812
Inventories, Total	4,652	4,351
Property and Equipment, Net
Land, building and leasehold improvements	829	821
Equipment	2,456	2,346
Construction in progress	223	209
Property and equipment, gross	3,508	3,376
Accumulated depreciation	(1,884)	(1,787)
Total property and equipment, net	1,624	1,589
Accrued Liabilities
Accrued compensation and benefits	826	884
Customer program liabilities	936	544
Accrued marketing programs	761	827
Other accrued liabilities	921	827
Total accrued liabilities	3,444	3,082
Prepaid Expenses and Other Current Assets [Line Items]
Prepaid expenses and other current assets	1,328	1,259
Other current liabilities	$ 424	$ 438

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information - Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Balance Sheet Related Disclosures [Abstract]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	$ 113
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	113
Amortization of Intangible Assets	622	$ 823
Cost of sales
Balance Sheet Related Disclosures [Abstract]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	67
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue allocated to remaining performance obligations that are unsatisfied or partially unsatisfied	$ 67
Transferred over Time
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of Revenue to Total Revenue	16%	29%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-03-26
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	12 months

Related Parities - Equity Joi_2

Related Parities - Equity Joint Ventures (Details) $ in Millions	3 Months Ended
	Mar. 30, 2024 USD ($) joint_venture	Apr. 01, 2023 USD ($)	Dec. 30, 2023 USD ($)	Apr. 29, 2022 USD ($)
Summary of Investment Holdings [Line Items]
Equity income in investee	$ 7	$ 1
Carrying value of investment	106		$ 99
Other current liabilities	424		438
Receivables from related parties	31		9
Amortization of Intangible Assets	622	823
Share-based compensation expense	371	309
Inventory Write-down	65	0
Revolving Credit Facility [Member] | Secured Revolving Credit Facility
Summary of Investment Holdings [Line Items]
Maximum borrowing capacity				$ 3,000
Segment Reporting, Reconciling Item, Corporate Nonsegment
Summary of Investment Holdings [Line Items]
Business Combination, Acquisition Related Costs	39
Inventory Write-down	$ 65
Joint Venture | ATMP JV
Summary of Investment Holdings [Line Items]
Ownership percentage	15%
Number of joint ventures | joint_venture	2
Purchases from related party	$ 450	367
Resale to ATMP JV	40	1
Equity income in investee	7	1
Carrying value of investment	106		99
Estimated license fees expected to be earned over several years pursuant to a licensing agreement	13	$ 10
Other current liabilities	438		363
Receivables from related parties	$ 31		9
Joint Venture | THATIC JV
Summary of Investment Holdings [Line Items]
Number of joint ventures | joint_venture	2
Carrying value of investment	$ 0		$ 0

Debt and Revolving Facility - S

Debt and Revolving Facility - Schedule of Debt (Details) - USD ($) $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Debt Instrument [Line Items]
Unamortized debt premium, discount and issuance costs, net	$ (32)	$ (32)
Total debt (net)	2,468	2,468
Long-Term Debt, Current Maturities	750	751
Long-term debt, net of current portion	1,718	1,717
2.95% Senior Notes due 2024 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)	750	750
2.375% Senior Notes due 2030 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)	750	750
Principal Balance Due
Debt Instrument [Line Items]
Total debt (principal amount)	2,500	2,500
Long-Term Debt, Maturity, Year Two	750
Long-Term Debt, Maturity, Year Three	0
Long-Term Debt, Maturity, after Year Five	$ 1,750
3.924% Senior Note due 2032 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate	3.924%
Total debt (principal amount)	$ 500	500
4.393% Senior Notes due 2052 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate	4.393%
Total debt (principal amount)	$ 500	$ 500

Debt and Revolving Facility - N

Debt and Revolving Facility - Narrative (Details) - USD ($) $ in Millions	Apr. 29, 2022	Mar. 30, 2024	Dec. 30, 2023	Nov. 03, 2022
2.95% Senior Notes due 2024 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)		$ 750	$ 750
2.375% Senior Notes due 2030 | Senior Notes
Debt Instrument [Line Items]
Total debt (principal amount)		$ 750	750
4.393% Senior Notes due 2052 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate		4.393%
Total debt (principal amount)		$ 500	500
3.924% Senior Note due 2032 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate		3.924%
Total debt (principal amount)		$ 500	$ 500
Secured Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Secured Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.625%
Secured Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Secured Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0%
Secured Revolving Credit Facility | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 3,000
Commercial Paper [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 3,000

Debt and Revolving Facility Pay

Debt and Revolving Facility Payment Due (Details) - Principal Balance Due $ in Millions	Mar. 30, 2024 USD ($)
Debt Instrument [Line Items]
Long-Term Debt, Maturity, after Year Five	$ 1,750
Long-Term Debt, Maturity, Year Two	750
Long-Term Debt, Maturity, Year Three	$ 0

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) - USD ($) $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Other Fair Value Disclosure [Line Items]
Short-Term Investments	$ 1,845	$ 1,840
Equity Securities without Readily Determinable Fair Value, Amount	156	155
Debt Securities, Available-for-sale, Amortized Cost	5,179	5,153
Short-term Investments
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	4,128	4,185
Foreign Exchange Contract | Cash Flow Hedging
Other Fair Value Disclosure [Line Items]
Derivative Instruments in Hedges, Liabilities, at Fair Value	$ 14	$ 6

Financial Instruments - Schedul

Financial Instruments - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments not Recorded at Fair Value (Details) - USD ($) $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Amortized Cost	$ 3,638	$ 3,792
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	3,637	3,792
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	459	361
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	459	364
Debt Securities, Available-for-sale, Amortized Cost	5,179	5,153
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(2)	(2)
Debt Securities, Available-for-sale	5,177	5,154
Equity Securities without Readily Determinable Fair Value, Amount	156	155
Foreign Exchange Contract | Cash Flow Hedging
Other Fair Value Disclosure [Line Items]
Derivative Instruments in Hedges, Liabilities, at Fair Value	14	6
Derivative Instruments in Hedges, Liabilities, at Fair Value	14	6
Short-term Investments
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	4,128	4,185
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	4,126	4,186
Available for Sale Securities Maturing in Five Years and Later
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	31	32
Debt Securities, Available-for-sale	30	30
Carrying Amount
Summary of Investment Holdings [Line Items]
Current portion of long-term debt, net	750	751
Notes Payable, Fair Value Disclosure	1,718	1,717
Estimated Fair Value | Level 2
Summary of Investment Holdings [Line Items]
Current portion of long-term debt, net	747	741
Notes Payable, Fair Value Disclosure	1,570	1,630
Government money market funds
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	1,051	969
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	1,051	969
Commercial Paper [Member]
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	1,998	1,259
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	1,998	1,259
US Government Agencies Debt Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	1,772	2,487
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	1,772	2,490
Sovereign Debt Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	147	189
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	147	189
Bank Time Deposits [Member]
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	176	214
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	176	214
Asset-backed Securities
Other Fair Value Disclosure [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	35	35
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(2)	(2)
Debt Securities, Available-for-sale	$ 33	$ 33

Financial Instruments - Cash, C

Financial Instruments - Cash, Cash Equivalents, and Marketable Securities Fair Value Measurements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Dec. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accrued Income Taxes, Noncurrent	$ 1,500	$ 1,600
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	5,324	5,287
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	2,929	3,563
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	2,395	1,724
Cash and Cash Equivalents | Fair Value, Recurring | Government money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,051	969
Cash and Cash Equivalents | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,472	753
Cash and Cash Equivalents | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	573	1,252
Cash and Cash Equivalents | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure		205
Investments, Fair Value Disclosure	166	205
Cash and Cash Equivalents | Fair Value, Recurring | Foreign Government Short-term Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	70	135
Cash and Cash Equivalents | Fair Value, Recurring | Foreign Government Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	77
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Government money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,051	969
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	573	1,252
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Investments, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Foreign Government Short-term Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Level 1 | Fair Value, Recurring | Foreign Government Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Government money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,472	753
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	166	205
Investments, Fair Value Disclosure	166	205
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Foreign Government Short-term Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	70	135
Cash and Cash Equivalents | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Foreign Government Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	77
Short-term Investments | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	526	506
Short-term Investments | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	1,199	1,237
Short-term Investments | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	10	9
Short-term Investments | Fair Value, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	33	34
Short-term Investments | Fair Value, Recurring | Foreign Government Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure		54
Short-term Investments | Level 1 | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Short-term Investments | Level 1 | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	1,158	1,209
Short-term Investments | Level 1 | Fair Value, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Short-term Investments | Level 1 | Fair Value, Recurring | Foreign Government Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure		0
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	526	506
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	41	28
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	10	9
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	33	34
Short-term Investments | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | Foreign Government Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure		54
Other Noncurrent Assets | Fair Value, Recurring | us-gaap_FairValueMeasurementsRecurring-Def Comp
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	147	133
Other Noncurrent Assets | Level 1 | Fair Value, Recurring | us-gaap_FairValueMeasurementsRecurring-Def Comp
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	147	133
Other Noncurrent Assets | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring | us-gaap_FairValueMeasurementsRecurring-Def Comp
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 0	0
Foreign Exchange Contract | Cash Flow Hedging
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, term of contract	24 months
Derivative, notional amount	$ 2,200	2,400
Foreign Exchange Contract | Contracts not designated as hedging instruments:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, term of contract	3 months
Derivative, notional amount	$ 803	$ 568

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Numerator
Net income (loss) for basic earnings per share	$ 123	$ (139)
Denominator
Basic weighted-average shares (in shares)	1,617	1,611
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Employee equity plans and warrants (in shares)	22	0
Diluted weighted-average shares (in shares)	1,639	1,611
Diluted (in usd per share)	$ 0.07	$ (0.09)
Basic (in usd per share)	$ 0.08	$ (0.09)

Common Stock and Employee Equ_3

Common Stock and Employee Equity Plans - Common Stock Activity (Details) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period (in shares)	1,663,000
Balance, end of period (in shares)	1,666,000
Stock Repurchase Program, Authorized Amount	$ 12,000
Payments for Repurchase of Common Stock	4	$ 241
Repurchases of common stock	4
Stock Repurchase Program, Remaining Authorized Repurchase Amount	5,600
Stock Repurchase Program, Authorized Amount	$ 12,000
Common stock, par value
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period (in shares)	1,616,000	1,612,000
Common stock issued under employee equity plans (in shares)	3,000	1,000
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	(1,000)	(1,000)
Balance, end of period (in shares)	1,618,000	1,609,000
Stock Repurchased During Period, Shares	0	(3,000)

Common Stock and Employee Equ_4

Common Stock and Employee Equity Plans - Schedule of Stock-based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 371	$ 309
Cost of sales
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	6	8
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	279	214
Marketing, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 86	$ 87

Common Stock and Employee Equ_5

Common Stock and Employee Equity Plans (Details) $ in Millions	3 Months Ended
	Mar. 30, 2024 USD ($)
Equity [Abstract]
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 5,600
Repurchases of common stock	$ 4

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Dec. 30, 2023
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ (52)	$ 13
Effective tax rate	(73.20%)	(10.30%)
Income Taxes	Income Taxes The Company determines its income taxes for interim reporting periods by applying the Company’s estimated annual effective tax rate to the year-to-date results, adjusted for tax items discrete to each period. For the three months ended March 30, 2024, the Company recorded an income tax benefit of $52 million representing an effective tax rate of (73.2)%. The difference between the U.S. federal statutory tax rate of 21% and the Company's estimated annual effective tax rate was primarily due to the income tax benefit from foreign-derived intangible income (FDII) and research and development (R&D) tax credits. In addition, the tax benefit reflected discrete income tax benefits of $61 million, primarily related to stock-based compensation. For the three months ended April 1, 2023, the Company recorded an income tax provision of $13 million representing an effective tax rate of (10.3)%. The difference between the U.S. federal statutory tax rate of 21% and the Company's estimated annual effective tax rate was primarily due to a higher mix of income taxed in lower tax rate jurisdictions, R&D tax credits, and beneficial rate impact from FDII tax benefit. In addition, the tax provision reflected discrete tax expense related to interest and penalties accrued for uncertain tax position. As of March 30, 2024 and December 30, 2023, the Company had long-term income tax liabilities of $1.5 billion and $1.6 billion
Deferred tax liabiilty	$ 1,199		$ 1,202
Accrued Income Taxes, Noncurrent	1,500		$ 1,600
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 61

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Segment Reporting Information [Line Items]
Total net revenue	$ 5,473	$ 5,353
Total operating income (loss)	36	(145)
Share-based compensation expense	371	309
All Other
Segment Reporting Information [Line Items]
Total operating income (loss)	(1,084)	(1,233)
Data Center
Segment Reporting Information [Line Items]
Total net revenue	922	1,757
Data Center | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	151	314
Client
Segment Reporting Information [Line Items]
Total net revenue	2,337	1,295
Client | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	541	148
Gaming
Segment Reporting Information [Line Items]
Total net revenue	1,368	739
Gaming | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	86	(172)
Embedded
Segment Reporting Information [Line Items]
Total net revenue	846	1,562
Embedded | Operating Segments
Segment Reporting Information [Line Items]
Total operating income (loss)	$ 342	$ 798

Contingencies (Details)

Contingencies (Details) $ in Millions	Mar. 30, 2024 USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Unrecorded Unconditional Purchase Obligation, to be Paid, Remainder of Fiscal Year	$ 3,278
Unrecorded Unconditional Purchase Obligation, Including Lease Not yet Commenced, to be Paid, Year Two	348
Unrecorded Unconditional Purchase Obligation, Including Lease Not yet Commenced, to be Paid, Year Four	44
Unrecorded Unconditional Purchase Obligation, Including Lease Not yet Commenced, to be Paid, Year Five	46
Unrecorded Unconditional Purchase Obligation, Including Lease Not yet Commenced, to be Paid, after Year Five	94
Unrecorded Unconditional Purchase Obligation, Including Lease Not yet Commenced, Total	3,992
Recorded Unconditional Purchase Obligation, to be Paid, Year Three	$ 182

Business Combinations and Asset

Business Combinations and Asset Acquisitions (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Dec. 30, 2023
Business Acquisition [Line Items]
Goodwill	$ 24,262		$ 24,262
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	61
Income tax provision (benefit)	(52)	$ 13
Goodwill	24,262		24,262
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	61
Income tax provision (benefit)	(52)	13
Amortization of Intangible Assets	622	$ 823
Other Intangible Assets
Business Acquisition [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	$ 220		$ 220

Intangible Assets, Goodwill a_3

Intangible Assets, Goodwill and Other (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Dec. 30, 2023	Feb. 14, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Acquisition-related intangibles, net	$ 20,741		$ 21,363
Intangible Assets, Gross (Excluding Goodwill)			27,722	$ 27,722
Finite-Lived Intangible Assets, Gross	27,502		27,502
Finite-Lived Intangible Assets, Accumulated Amortization	6,981		6,359
Finite-Lived Intangible Assets, Net	20,521		21,143
Amortization of Intangible Assets	622	$ 823
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year	1,749
Finite-Lived Intangible Asset, Expected Amortization, Year One	2,145
Finite-Lived Intangible Asset, Expected Amortization, Year Two	2,034
Finite-Lived Intangible Asset, Expected Amortization, Year Three	1,922
Finite-Lived Intangible Asset, Expected Amortization, Year Four	1,846
Finite-Lived Intangible Asset, Expected Amortization, after Year Five	10,825
Finite-Lived Intangible Asset, Expected Amortization, Year Five	10,825
Goodwill	24,262		24,262
Goodwill [Line Items]
Goodwill	24,262		24,262
Equity income in investee	7	1
Finite-Lived Intangible Assets, Accumulated Amortization	6,981		6,359
Finite-Lived Intangible Assets, Net	20,521		21,143
Finite-Lived Intangible Assets, Gross	27,502		27,502
Intangible Assets, Gross (Excluding Goodwill)			27,722	$ 27,722
Acquisition-related intangibles, net	20,741		21,363
Amortization of Intangible Assets	622	823
Other Intangible Assets
Goodwill and Intangible Assets Disclosure [Abstract]
Indefinite-lived Intangible Assets (Excluding Goodwill)	220		220
Goodwill [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	220		220
Developed Technology Rights
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross	13,390		13,390
Finite-Lived Intangible Assets, Accumulated Amortization	1,815		1,583
Finite-Lived Intangible Assets, Net	11,575		11,807
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	1,815		1,583
Finite-Lived Intangible Assets, Net	11,575		11,807
Finite-Lived Intangible Assets, Gross	13,390		13,390
Customer Relationships
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross	12,324		12,324
Finite-Lived Intangible Assets, Accumulated Amortization	4,127		3,755
Finite-Lived Intangible Assets, Net	8,197		8,569
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	4,127		3,755
Finite-Lived Intangible Assets, Net	8,197		8,569
Finite-Lived Intangible Assets, Gross	12,324		12,324
Customer Contracts
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross	809		809
Finite-Lived Intangible Assets, Accumulated Amortization	809		809
Finite-Lived Intangible Assets, Net	0		0
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	809		809
Finite-Lived Intangible Assets, Net	0		0
Finite-Lived Intangible Assets, Gross	809		809
Trade Names
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross	65		65
Finite-Lived Intangible Assets, Accumulated Amortization	65		65
Finite-Lived Intangible Assets, Net	0		0
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	65		65
Finite-Lived Intangible Assets, Net	0		0
Finite-Lived Intangible Assets, Gross	65		65
Trademarks
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Gross	914		914
Finite-Lived Intangible Assets, Accumulated Amortization	165		147
Finite-Lived Intangible Assets, Net	749		767
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	165		147
Finite-Lived Intangible Assets, Net	749		767
Finite-Lived Intangible Assets, Gross	914		$ 914
ATMP JV | Joint Venture
Goodwill [Line Items]
Equity income in investee	$ 7	$ 1