v3.25.4
Shareholders' Equity (Tables)
 12 Months Ended
Jan. 03, 2026
Equity [Abstract]  
Schedule of Capital Stock Outstanding common stock activity is presented below:
(In thousands)202520242023
Balance at beginning of year182,964 192,898 206,161 
Share repurchases(10,650)(12,890)(16,169)
Share-based compensation activity1,996 2,956 2,906 
Balance at end of year174,310 182,964 192,898 
Schedule of Weighted-Average Shares Outstanding for Basic and Diluted EPS
The weighted-average shares outstanding for basic and diluted EPS are as follows:
(In thousands)202520242023
Basic weighted-average shares outstanding178,895 188,318 199,719 
Dilutive effect of stock options1,363 1,989 2,055 
Diluted weighted-average shares outstanding180,258 190,307 201,774 
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income (loss) are presented below:
(In millions)Pension and
Postretirement
Benefits
Adjustments		Foreign
Currency
Translation
Adjustments		Deferred
Gains (Losses)
on Hedge
Contracts		Accumulated
Other
Comprehensive
Income (Loss)
Balance at December 30, 2023$(598)$(49)$3 $(644)
Other comprehensive income before reclassifications418 (74)(9)335 
Reclassified from Accumulated other comprehensive income (loss)1 3 1 5 
Balance at December 28, 2024$(179)$(120)$(5)$(304)
Other comprehensive income before reclassifications299 134 (2)431 
Reclassified from Accumulated other comprehensive income (loss)(1)(2)5 2 
Balance at January 3, 2026$119 $12 $(2)$129 
Schedule of Before and After Tax Components of Other Comprehensive Income (Loss)
The before and after-tax components of other comprehensive income (loss) are presented below:
202520242023
(In millions)Pre-Tax
Amount		Tax
(Expense)
Benefit		After-
Tax
Amount		Pre-Tax
Amount		Tax
(Expense)
Benefit		After-
Tax
Amount		Pre-Tax
Amount		Tax
(Expense)
Benefit		After-
Tax
Amount
Pension and postretirement benefits
  adjustments:
Unrealized gains (losses)$430 $(108)$322 $568 $(136)$432 $(102)$25 $(77)
Amortization of net actuarial gain*(9)2 (7)(5)1 (4)(7)2 (5)
Amortization of prior service cost*9 (3)6 8 (3)5 8 (3)5 
Recognition of prior service cost(29)6 (23)(19)5 (14)(7)2 (5)
Pension and postretirement benefits
  adjustments, net		401 (103)298 552 (133)419 (108)26 (82)
Foreign currency translation adjustments:
Foreign currency translation adjustments134 — 134 (74)— (74)45 — 45 
Business disposition(2)— (2)— — — — — — 
Other— — — 3 — 3 — — — 
Foreign currency translation adjustments, net132 — 132 (71)— (71)45 — 45 
Deferred gains (losses) on hedge contracts:
Current deferrals(2)— (2)(11)2 (9)(2)1 (1)
Reclassification adjustments6 (1)5 2 (1)1 8 (2)6 
Deferred gains (losses) on hedge
  contracts, net		4 (1)3 (9)1 (8)6 (1)5 
Total$537 $(104)$433 $472 $(132)$340 $(57)$25 $(32)
* These components of other comprehensive income (loss) are included in the computation of net periodic pension cost (income). See Note 14 for additional information.