INCOME TAXES (Notes) |
6 Months Ended | ||||||||||||
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Jun. 28, 2025 | |||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||
| Income Taxes | INCOME TAXES The consolidated effective tax rate for the both quarters ended June 28, 2025 and June 29, 2024 was 22%. The effective tax rate for the year-to-date periods ended June 28, 2025 and June 29, 2024 was 20% and 22%, respectively. The decrease in the consolidated effective tax rate from the prior year-to-date period is due primarily to higher windfall benefit related to vesting of stock-based compensation versus the prior year. The Company’s total gross unrecognized tax benefits as of June 28, 2025 was $34 million. Of this balance, $29 million represents the amount that, if recognized, would affect the Company’s effective income tax rate in future periods.
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