Financial Summary (All financials)
| In millions, except per share items | Jan-02-22 | Jan-03-21 | Dec-29-19 | Dec-30-18 | Dec-31-17 |
| Revenues | 2,042.8 | 1,766.2 | 1,801.5 | 1,787.3 | 1,781.7 |
| Revenue growth | 15.7% | -2.0% | 0.8% | 0.3% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 930.5 | 897.7 |
| Gross profit | 2,042.8 | 1,766.2 | 1,801.5 | 856.8 | 884.0 |
| Gross margin | 100.0% | 100.0% | 100.0% | 47.9% | 49.6% |
| Selling, general and administrative | | 0.0 | 75.4 | 491.6 | 499.8 |
| Sales and marketing | 3.5 | 0.0 | | | |
| Research and development | | | | 98.7 | 96.4 |
| EBITA | 239.5 | 98.4 | 216.0 | 195.3 | 208.3 |
| EBITA margin | 11.7% | 5.6% | 12.0% | 10.9% | 11.7% |
| Amortization of intangibles | 133.4 | 131.9 | 131.7 | 128.8 | 162.0 |
| EBIT | 106.1 | -33.5 | 84.3 | 66.5 | 46.3 |
| EBIT margin | 5.2% | -1.9% | 4.7% | 3.7% | 2.6% |
| Pre-tax income | -26.0 | -225.3 | -180.8 | -217.6 | -14.3 |
| Income taxes | 28.3 | -13.4 | -23.9 | 31.2 | 102.0 |
| Tax rate | | 5.9% | 13.2% | | |
| Net income | -54.3 | -211.9 | -156.9 | -248.8 | -116.3 |
| Net margin | -2.7% | -12.0% | -8.7% | -13.9% | -6.5% |
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| Diluted EPS | ($0.24) | ($1.45) | ($1.08) | ($1.71) | ($0.80) |
| Shares outstanding (diluted) | 228.2 | 146.3 | 145.5 | 145.1 | 144.8 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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