v3.25.4
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Capital Surplus
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2022 $ 7,113 $ 26 $ 1,880 $ (84) $ 5,903 $ (612)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 921       921  
Other comprehensive income (loss) (32)         (32)
Dividends declared (16)       (16)  
Share-based compensation activity 179   179      
Purchases of common stock, including excise tax [1] (1,178)     (1,178)    
Retirement of treasury stock 0 (2) (149) 1,097 (946)  
Ending Balance at Dec. 30, 2023 6,987 24 1,910 (165) 5,862 (644)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 824       824  
Other comprehensive income (loss) 340         340
Dividends declared (16)       (16)  
Share-based compensation activity 200 1 199      
Purchases of common stock, including excise tax [1] (1,131)     (1,131)    
Retirement of treasury stock 0 (2) (149) 1,214 (1,063)  
Ending Balance at Dec. 28, 2024 7,204 23 1,960 (82) 5,607 (304)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 921       921  
Other comprehensive income (loss) 433         433
Dividends declared (14)       (14)  
Share-based compensation activity 159   159      
Purchases of common stock, including excise tax [1] (828)     (828)    
Retirement of treasury stock 0 (1) (124) 855 (730)  
Ending Balance at Jan. 03, 2026 $ 7,875 $ 22 $ 1,995 $ (55) $ 5,784 $ 129
[1] Includes amounts accrued for excise tax imposed on common share repurchases that totaled $6 million in 2025, $9 million in 2024 and $10 million in 2023.