Our debt is summarized in the table below: | | | | | | | | | | (In millions) | January 3,
2026 | December 28,
2024 | | Manufacturing group | | | 3.875% due 2025 | $ | — | | $ | 350 | | 4.00% due 2026* | — | | 350 | | 3.65% due 2027 | 350 | | 350 | | 3.375% due 2028 | 300 | | 300 | | 3.90% due 2029 | 300 | | 300 | | 3.00% due 2030 | 650 | | 650 | | 2.45% due 2031 | 500 | | 500 | | 6.10% due 2033 | 350 | | 350 | | 5.50% due 2035 | 500 | | — | | 4.95% due 2036 | 500 | | — | | Other (weighted-average rate of 6.08% and 5.87%, respectively) | 89 | | 97 | | | Total Manufacturing group debt | $ | 3,539 | | $ | 3,247 | | | Less: Current portion of long-term debt | (5) | | (357) | | | Total Long-term debt | $ | 3,534 | | $ | 2,890 | | | Finance group | | | Variable-rate note due 2028 (weighted-average rate of 5.04% and 5.70%, respectively) | $ | 25 | | $ | 25 | | Fixed-rate note due 2027 (4.40%) | 50 | | 50 | | Floating Rate Junior Subordinated Notes due 2067 (5.85% and 6.52%, respectively) | 264 | | 264 | | | Other | — | | 2 | | | Total Finance group debt | $ | 339 | | $ | 341 | |
* On December 31, 2025, we repaid our $350 million 4.00% notes due in March 2026.
|