v3.25.3
Shareholders' Equity
 9 Months Ended
Sep. 28, 2025
Equity [Abstract]  
Shareholders' Equity SHAREHOLDERS’ EQUITY
Share Repurchases. In the nine-month period ended September 28, 2025, we repurchased 2.4 million of our outstanding shares for $600. On September 28, 2025, 6.9 million shares remained authorized by our board of directors (Board) for repurchase, representing 2.5% of our total shares outstanding. We repurchased 0.7 million shares for $183 in the nine-month period ended September 29, 2024.
Dividends per Share. Our Board declared dividends per share of $1.50 and $4.50 for the three- and nine-month periods ended September 28, 2025, and $1.42 and $4.26 for the three- and nine-month periods ended September 29, 2024, respectively. We paid cash dividends of $403 and $1.2 billion for the three- and nine-month periods ended September 28, 2025, and $390 and $1.1 billion for the three- and nine-month periods ended September 29, 2024, respectively.
Accumulated Other Comprehensive Loss. The changes, pretax and net of tax, in each component of accumulated other comprehensive loss (AOCL) consisted of the following:
Changes in Unrealized Cash Flow HedgesForeign Currency Translation AdjustmentsChanges in Retirement Plans’ Funded StatusAOCL
December 31, 2024$(76)$235 $(1,677)$(1,518)
Other comprehensive income, pretax104 539 52 695 
Provision for income tax, net(26)— (11)(37)
Other comprehensive income, net of tax78 539 41 658 
September 28, 2025$2 $774 $(1,636)$(860)
December 31, 2023$11 $673 $(1,843)$(1,159)
Other comprehensive income, pretax(31)(16)125 78 
Provision for income tax, net7 — (25)(18)
Other comprehensive income, net of tax(24)(16)100 60 
September 29, 2024$(13)$657 $(1,743)$(1,099)
Amounts reclassified out of AOCL related primarily to changes in our retirement plans’ funded status and included pretax recognized net actuarial losses and amortization of prior service credit. See Note O for these amounts, which are included in our net periodic pension and other post-retirement benefit cost (credit).