v3.25.4
Inventories
12 Months Ended
Jan. 03, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are composed of the following:
(In millions)January 3,
2026
December 28,
2024
Finished goods$1,104 $1,138 
Work in process2,065 1,769 
Raw materials and components1,109 1,164 
Total$4,278 $4,071 
At January 3, 2026, 71% of inventories were valued using the LIFO method, compared with 69% at December 28, 2024. Inventories valued at LIFO cost would have been higher by approximately $1.1 billion and $877 million, at January 3, 2026 and December 28, 2024, respectively, if they had been valued using the FIFO method.