v3.25.3
Debt (Tables)
 9 Months Ended
Oct. 03, 2025
Debt Disclosure [Abstract]  
Schedule of Company's Debt
Our debt consisted of the following:
(in millions)Stated interest rateEffective interest rateOctober 3,
2025		January 3,
2025
Senior unsecured term loan:
$1,000 million term loan, due March 2028
5.54%5.70%$500 $1,000 
Senior unsecured notes:
$500 million notes, due May 2025
3.63%3.76%— 500 
$750 million notes, due May 2030
4.38%4.50%750 750 
$1,000 million notes, due February 2031
2.30%2.38%1,000 1,000 
$500 million notes, due March 2032
5.40%5.42%500 — 
$250 million notes, due July 2032
7.13%7.43%250 250 
$750 million notes, due March 2033
5.75%5.81%750 750 
$300 million notes, due July 2033
5.50%5.88%161 161 
$500 million notes, due March 2035
5.50%5.55%500 — 
$300 million notes, due December 2040
5.95%6.03%218 218 
Finance leases due on various dates through fiscal 2032Various
2.28%-6.31%
59 73 
Less: unamortized debt discounts and deferred debt issuance costs(37)(32)
Total long-term debt4,651 4,670 
Less current portion(19)(618)
Total long-term debt, net of current portion$4,632 $4,052