v3.25.1
Leases (Tables)
3 Months Ended
Mar. 29, 2025
Leases [Abstract]  
Schedule of ROU Lease Assets and Liabilities for Operating Lease

ROU lease assets and lease liabilities for our operating leases were recorded in the balance sheet as follows:

 

   As of   As of 
  

March 29,

2025

  

December 28,

2024

 
Operating lease right-of-use assets  $323   $340 
           
Current portion of lease liabilities   65    64 
Operating lease liabilities, net of current portion   274    283 
Total lease liability  $339   $347 
           
Weighted average remaining lease term (in years)   4.4    4.7 
Weighted average discount rate   5.5%   5.5%
Schedule of ROU Lease Assets and Liabilities for Finance Leases

ROU lease asset and lease liability for our finance lease were recorded in the balance sheet as follows:

 

   As of   As of 
  

March 29,

2025

  

December 28,

2024

 
Finance lease right-of-use asset  $17   $21 
           
Current portion of lease liabilities   17    16 
Finance lease liabilities, net of current portion   1    6 
Total finance lease liabilities  $18   $22 
           
Weighted average remaining lease term (in years)   1.17    1.4 
Weighted average discount rate   6.5%   6.5%
Schedule of Future Lease Payments

Future lease payments included in the measurement of lease liabilities on the balance sheet as of March 29, 2025 are as follows:

 

  

Operating lease

liabilities

  

Finance lease

liability

   Total 
2025 (remainder of the year)  $61   $13   $74 
2026   84    7    91 
2027   86        86 
2028   89        89 
2029   53        53 
Total future minimum lease payments   373    20    393 
Present value adjustment   (34)   (2)   (36)
Total  $339   $18   $357