ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 27, 2025

The components of accumulated other comprehensive income (loss), net of income taxes, are summarized below:


(In millions)	Foreign currency translation and other, net(1)		Pension and other postretirement benefits(2)		Total accumulated other comprehensive income (loss)

Balance at January 3, 2025	$	(331)	$	358	$	27
Other comprehensive income (loss) before reclassifications to earnings	68		(43)		25
Losses (gains) reclassified to earnings(3)	14		(35)		(21)
Other comprehensive income (loss)	82		(78)		4
Balance at June 27, 2025	$	(249)	$	280	$	31

Balance at December 29, 2023	$	(266)	$	68	$	(198)
Other comprehensive (loss) income before reclassifications to earnings	(24)		3		(21)
Losses (gains) reclassified to earnings(3)	3		(18)		(15)
Other comprehensive loss	(21)		(15)		(36)
Balance at June 28, 2024	$	(287)	$	53	$	(234)

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(1)Other, net consists of hedging derivatives.

(2)For additional information see Note H: Retirement Benefits in these Notes.

(3)Included in the “Revenue,” “Cost of revenue,” “General and administrative expenses,” “Interest expense, net” and “Non-service FAS pension income and other, net” line items in our Condensed Consolidated Statement of Operations.