| Changes in Treasury Stock |
Changes in treasury stock were: | | | | | | | | | | | | | | | | | Treasury Stock | | (Amounts in Millions Except Treasury Stock Shares in Thousands) | | Shares | | Amount | | Balance at January 1, 2023 | | 506,246 | | $41,694 | | Employee compensation and stock option plans | | (15,521) | | | (2,529) | | | Repurchase of common stock | | 31,085 | | 5,079 | | Kenvue share exchange (Note 21) | | 190,955 | | | 31,418 | | Balance at December 31, 2023 | | 712,765 | | 75,662 | | Employee compensation and stock option plans | | (15,027) | | | (2,389) | | | Repurchase of common stock | | 15,183 | | 2,407 | | | | | | | Balance at December 29, 2024 | | 712,921 | | 75,680 | | Employee compensation and stock option plans | | (34,920) | | | (6,009) | | | Repurchase of common stock | | 33,903 | | 5,953 | | | | | | | Balance at December 28, 2025 | | 711,904 | | $75,624 |
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