v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Apr. 03, 2026
Apr. 04, 2025
Jan. 02, 2026
Cash flows from operating activities:      
Net income $ 101 $ 115  
Net loss from discontinued operations, net of tax 2 6  
Net income from continuing operations 103 121  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 41 41  
Equity in earnings of unconsolidated affiliates (51) (42)  
Deferred income tax 12 13  
Other (4) (2)  
Changes in operating assets and liabilities:      
Accounts receivable, net of allowance for credit losses 44 (71)  
Contract assets (52) (5)  
Accounts payable (6) (14)  
Contract liabilities 0 (8)  
Accrued salaries, wages and benefits 15 20  
Payments on operating lease liabilities (21) (19)  
Payments from unconsolidated affiliates, net 5 4  
Distributions of earnings from unconsolidated affiliates 73 88  
Other assets and liabilities (49) (35)  
Total cash flows provided by operating activities - continuing operations 110 91  
Cash flows from investing activities:      
Purchases of property, plant and equipment (12) (2)  
Investment in equity method investments, net (115) 0  
Purchases of available-for-sale debt securities (49) 0  
Purchases of other investments (13) 0  
Other 1 (1)  
Total cash flows used in investing activities - continuing operations (188) (3)  
Cash flows from financing activities:      
Borrowings on Revolver 141 275  
Payments on short-term and long-term debt (12) (9)  
Payments on Revolver (141) (95)  
Payments to repurchase common stock (4) (156)  
Payments of dividends to shareholders (21) (20)  
Other (6) (1)  
Total cash flows used in financing activities - continuing operations (43) (6)  
Total operating cash flows from discontinued operations (2) 7  
Total investing cash flows from discontinued operations 0 (6)  
Total cash flows from discontinued operations (2) 1  
Effect of exchange rate changes on cash 2 9  
Increase (decrease) in cash and cash equivalents (121) 92  
Cash and cash equivalents at beginning of period 505 350 $ 350
Cash and cash equivalents at end of period 384 442 $ 505
Less: cash and cash equivalents of discontinued operations 4 10  
Cash and cash equivalents at end of period for continuing operations 380 432  
Noncash financing activities      
Dividends declared $ 21 $ 22