v3.25.2
REDEEMABLE NONCONTROLLING INTERESTS
6 Months Ended
Jun. 29, 2025
Noncontrolling Interest [Abstract]  
REDEEMABLE NONCONTROLLING INTERESTS REDEEMABLE NONCONTROLLING INTERESTS 
Certain noncontrolling interest holders have the right to exercise a put option that would obligate us to redeem a portion or all of their interest. These noncontrolling interests are classified as redeemable noncontrolling interests outside of equity on our condensed consolidated balance sheets. At the end of each period we adjust the value of redeemable noncontrolling interests, if necessary, to the redemption value (as defined in the subsidiary’s operating agreement) through additional paid-in capital. The following table presents the changes in redeemable noncontrolling interests for our continuing operations for the periods presented.
Three Months EndedSix Months Ended
June 29,
2025
June 30,
2024
June 29,
2025
June 30,
2024
(in millions)
Beginning balance$243 $260 $225 $246 
Attribution of net income— 
Attribution of comprehensive income (loss)16 (21)15 (16)
Dividends— (1)— (1)
Adjustment to redemption value (1)
(14)23 34 
Ending balance$245 $265 $245 $265 
_______________
(1)See “Note 20: Fair Value Measurements” for a discussion of the assessment of redemption value.