v3.26.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Changes in the Carrying Amount of Goodwill by Segment
Changes in the carrying amount of goodwill, by segment, were (in millions):
North America
International Developed Markets
Emerging Markets
Total
Balance at December 27, 2025$20,392 $1,470 $317 $22,179 
Translation adjustments and other(1)(29)(26)
Balance at March 28, 2026
$20,391 $1,441 $321 $22,153 
Changes in the Carrying Amount of Indefinite-Lived Intangible Assets
Changes in the carrying amount of indefinite-lived intangible assets, which primarily consisted of trademarks, were (in millions):
Balance at December 27, 2025$34,165 
Translation adjustments and other(70)
Balance at March 28, 2026
$34,095 
Schedule of Definite-Lived Intangible Assets By Major Asset Class
Definite-lived intangible assets were (in millions):
 March 28, 2026December 27, 2025
GrossAccumulated
Amortization
NetGrossAccumulated
Amortization
Net(a)
Trademarks$2,370 $(1,040)$1,330 $2,369 $(1,016)$1,353 
Customer-related assets3,663 (1,708)1,955 3,704 (1,700)2,004 
Other11 (4)11 (4)
$6,044 $(2,752)$3,292 $6,084 $(2,720)$3,364 
(a)    At December 27, 2025, definite-lived intangible assets excluded amounts classified as held for sale due to the Italy Infant Transaction. See Note 4, Acquisitions and Divestitures, for additional information on amounts held for sale.