v3.25.4
Accumulated other comprehensive income (loss)
 12 Months Ended
Dec. 28, 2025
Equity [Abstract]  
Accumulated other comprehensive income (loss) Accumulated other comprehensive income (loss)
Components of other comprehensive income (loss) consist of the following:
(Dollars in Millions)Foreign
Currency
Translation		Gain/(loss)
On Securities		Employee
Benefit Plans		Gain/
(Loss) On
Derivatives
& Hedges		Total
Accumulated
Other
Comprehensive
Income (Loss)
January 1, 2023$(11,813)(27)(897)(230)(12,967)
Net 2023 changes(3,221)26(1,399)(147)(4,741)
Kenvue Separation/IPO4,885 —296 *—5,181 
December 31, 2023(10,149)(1)(2,000)(377)(12,527)
Net 2024 changes1,708 2449(1,373)786
December 29, 2024(8,441)1(1,551)(1,750)(11,741)
Net 2025 changes(5,506)(1)8581,460(3,189)
December 28, 2025$(13,947)—(693)(290)(14,930)
Amounts in accumulated other comprehensive income are presented net of the related tax impact. Foreign currency translation is not adjusted for income taxes where it relates to permanent investments in international subsidiaries. For additional details on comprehensive income see the Consolidated Statements of Comprehensive Income.
Details on reclassifications out of Accumulated Other Comprehensive Income:
Gain/(Loss) On Securities - reclassifications released to Other (income) expense, net.
Employee Benefit Plans - reclassifications are included in net periodic benefit cost. See Note 10 for additional details.
Gain/(Loss) On Derivatives & Hedges - reclassifications to earnings are recorded in the same account as the hedged transaction. See Note 6 for additional details.
*    Includes impact of curtailments and settlements in connection with the separation of Kenvue.