v3.25.2
Leases
6 Months Ended
Jun. 28, 2025
Leases [Abstract]  
Leases Leases
During the six months ended June 28, 2025, the Company recorded $9 million of right-of-use (“ROU”) assets obtained in exchange for lease obligations primarily related to the extensions of existing leases and the commencement of new office facility leases.

Future minimum lease payments under non-cancellable leases as of June 28, 2025 were as follows (in millions):
2025 (6 months remaining)$24 
202645 
202736 
202833 
202928 
Thereafter61 
Total future minimum lease payments$227 
Less: Interest(39)
Present value of lease liabilities$188 
Reported as of June 28, 2025:
Current portion of lease liabilities$36 
Long-term lease liabilities152 
Present value of lease liabilities$188 

The current portion of lease liabilities is included within Accrued liabilities on the Consolidated Balance Sheets.