v3.25.4
Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 28, 2025
Accounting Policies [Abstract]  
Estimated Useful Lives of Assets
Property, plant and equipment are stated at cost. The Company utilizes the straight-line method of depreciation over the estimated useful lives of the assets:
Building and building equipment
30 years
Land and leasehold improvements
10 - 20 years
Machinery and equipment
2 - 13 years
Supplier Finance Program
The rollforward of the Company's valid obligations under the program were as follows:
20252024
(Dollars in Millions)
Confirmed obligations - beginning of the year$788704
Invoices confirmed during the year2,9973,048
Confirmed invoices paid during the year3,0162,964
Effect of exchange rates15
Confirmed obligations - end of the year$784788