Interest Expense (Income)

6 Months Ended

Jul. 05, 2025

Banking and Thrift, Interest [Abstract]

10. Interest Expense (Income)

The components of net interest (income) expense for the second quarter and first six months of 2025 and 2024 are as follows (in millions):


	Three Months (13 Weeks) Ended						Six Months (26 Weeks) Ended
	July 5, 2025			June 29, 2024			July 5, 2025			June 29, 2024
Interest expense	$	49		$	67		$	100		$	110
Interest income		(30	)		(69	)		(67	)		(150	)
Interest expense (income), net	$	19		$	(2	)	$	33		$	(40	)

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

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+ Details