v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Treasury Stock
Balance at Dec. 30, 2023 $ 1,101 $ 1 $ 2,752 $ (114) $ (312) $ (1,226)
Balance, Shares at Dec. 30, 2023   66,700,292        
Net Income (Loss) 15       15  
Other comprehensive income (loss) (3)     (3)    
Exercise and release of incentive stock (including income tax benefits and withholding) (6)   (6)      
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)   258,397        
Amortization of long-term incentive stock grants 11   11      
Repurchase of common stock (50)         (50)
Other 1   1      
Balance at Mar. 30, 2024 1,069 $ 1 2,758 (117) (297) (1,276)
Balance, Shares at Mar. 30, 2024   66,958,689        
Balance at Dec. 30, 2023 1,101 $ 1 2,752 (114) (312) (1,226)
Balance, Shares at Dec. 30, 2023   66,700,292        
Net Income (Loss) (58)          
Other comprehensive income (loss) (3)          
Balance at Jun. 29, 2024 893 $ 1 2,759 (117) (370) (1,380)
Balance, Shares at Jun. 29, 2024   67,382,080        
Balance at Mar. 30, 2024 1,069 $ 1 2,758 (117) (297) (1,276)
Balance, Shares at Mar. 30, 2024   66,958,689        
Net Income (Loss) (73)       (73)  
Exercise and release of incentive stock (including income tax benefits and withholding) (9)   (9)      
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)   423,391        
Amortization of long-term incentive stock grants 11   11      
Repurchase of common stock (104)         (104)
Other (1)   (1)      
Balance at Jun. 29, 2024 893 $ 1 2,759 (117) (370) (1,380)
Balance, Shares at Jun. 29, 2024   67,382,080        
Balance at Dec. 28, 2024 807 $ 1 2,771 (124) (315) (1,526)
Balance, Shares at Dec. 28, 2024   67,414,115        
Net Income (Loss) (29)       (29)  
Other comprehensive income (loss) 1     1    
Exercise and release of incentive stock (including income tax benefits and withholding) (2)   (2)      
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)   259,169        
Amortization of long-term incentive stock grants 7   7      
Balance at Mar. 29, 2025 784 $ 1 2,776 (123) (344) (1,526)
Balance, Shares at Mar. 29, 2025   67,673,284        
Balance at Dec. 28, 2024 807 $ 1 2,771 (124) (315) (1,526)
Balance, Shares at Dec. 28, 2024   67,414,115        
Net Income (Loss) (29)          
Other comprehensive income (loss) 8          
Balance at Jun. 28, 2025 796 $ 1 2,781 (116) (344) (1,526)
Balance, Shares at Jun. 28, 2025   67,683,589        
Balance at Mar. 29, 2025 784 $ 1 2,776 (123) (344) (1,526)
Balance, Shares at Mar. 29, 2025   67,673,284        
Net Income (Loss) 0          
Other comprehensive income (loss) 7     7    
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)   10,305        
Amortization of long-term incentive stock grants 5   5      
Balance at Jun. 28, 2025 $ 796 $ 1 $ 2,781 $ (116) $ (344) $ (1,526)
Balance, Shares at Jun. 28, 2025   67,683,589