v3.25.2
Accounts Payable and Warranty Liability
6 Months Ended
Jun. 28, 2025
Payables and Accruals [Abstract]  
Accounts Payable and Warranty Liability Accounts Payable and Warranty Liability
Accounts Payable
Supplier Financing Arrangement
We have a financing arrangement with one of our suppliers for a maximum amount of $200 million that extends payment terms for up to 190 days from the receipt of goods and provides for the supplier to be paid by a financial institution earlier than maturity. This financing arrangement expires in April 2027. At June 28, 2025 and December 28, 2024, the amount due under the supplier financing arrangement was $112 million and $50 million, respectively.
Warranty Liability
Changes in our current and non-current warranty liability are as follows:
Six Months Ended
(In millions)June 28,
2025
June 29,
2024
Beginning of period$173 $172 
Provision38 38 
Changes to estimates24 
Settlements(45)(36)
Other*(9)(4)
End of period$181 $172 
* Other includes business dispositions and currency translation adjustments.