v3.25.4
Fair Value Measurements
12 Months Ended
Jan. 03, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
At January 3, 2026 and December 28, 2024, the Company had $17 million and $19 million, respectively, of debt and
equity securities that fund its deferred compensation plan and are classified in other non-current assets. The Company
also had corresponding deferred compensation plan liabilities of $17 million and $19 million at January 3, 2026 and
December 28, 2024, respectively, which are included in other non-current liabilities. The majority of the debt and equity
securities are Level 1 as they trade with sufficient frequency and volume to enable it to obtain pricing information on an
ongoing basis. Unrealized gains/(losses) on the debt and equity securities offset those associated with the corresponding
deferred compensation plan liabilities.