v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Cash flows from operating activities:        
Net income $ 188 $ 306 $ 415 $ 460
Less: Net income from discontinued operations 0 (47) 0 (89)
Net income from continuing operations 188 259 415 372
Adjustments to reconcile net income from continuing operations to net cash flows from operating activities of continuing operations:        
Depreciation and amortization 82 83 165 165
Changes in operating and other assets and liabilities, net     (446) (591)
Other     (27) 46
Net cash flows from (used in) operating activities of continuing operations     108 (9)
Cash flows from investing activities:        
Capital expenditures (78) (80) (158) (173)
Net expenditures from breeding stock transactions     (13) (42)
Other     (1) 0
Net cash flows used in investing activities of continuing operations     (171) (215)
Cash flows from financing activities:        
Net proceeds from issuance of common stock     236 0
Repayments to Securitization Facility     0 (14)
Proceeds from Securitization Facility     0 14
Principal payments on long-term debt and finance lease obligations     (1) (19)
Payment of dividends     (197) (182)
Other     0 (1)
Net cash flows from (used in) financing activities of continuing operations     38 (202)
Effect of foreign exchange rate changes on cash from continuing operations     10 (6)
Cash flows from discontinued operations:        
Net cash flows from operating activities of discontinued operations     0 171
Net cash flows used in investing activities of discontinued operations     0 (143)
Net cash flows used in financing activities of discontinued operations     0 (61)
Effect of foreign exchange rate changes on cash from discontinued operations     0 (1)
Net change in cash and cash equivalents of discontinued operations     0 (35)
Net change in cash, cash equivalents and restricted cash     (15) (467)
Cash, cash equivalents and restricted cash at beginning of period (including discontinued operations)     943 751
Cash, cash equivalents and restricted cash at end of period (including discontinued operations) 928 284 928 284
Less: Cash, cash equivalents and restricted cash attributable to discontinued operations at end of period 0 (69) 0 (69)
Cash, cash equivalents and restricted cash at end of period $ 928 $ 215 $ 928 $ 215