ACCOUNTS RECEIVABLE |
6 Months Ended |
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Jun. 29, 2025 | |
| Receivables [Abstract] | |
| ACCOUNTS RECEIVABLE | ACCOUNTS RECEIVABLE Accounts receivable, net is comprised of both receivables from contracts with customers and other receivables. Our receivables from contracts with customers were $718 million and $494 million as of June 29, 2025 and December 29, 2024, respectively. We monitor the credit risk associated with our accounts receivable and establish an allowance for credit losses expected to be incurred over the life of the receivable, which is recorded net of this allowance. We calculate this allowance based on our history of write-offs, future economic conditions, level of past due accounts, the financial health of our customers and historical experience. Our allowance for credit losses was not material for the periods presented.
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