v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 26, 2026
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Carried at Fair Value
A summary of financial assets that are measured at fair value on a recurring basis were as follows ($ in millions):
BalanceQuoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
June 26, 2026December 31, 2025June 26, 2026December 31, 2025June 26, 2026December 31, 2025June 26, 2026December 31, 2025
Assets:
Investment in equity securities$217 $165 $73 $— $— $— $— $— 
Cross-currency swap derivative contracts194 150 — — 194 150 — — 
Liabilities:
Cross-currency swap derivative contracts13 42 — — 13 42 — — 
Carrying Amounts and Fair Values of Financial Instruments
The carrying amounts and fair values of the Company’s other financial instruments were as follows ($ in millions):
 June 26, 2026December 31, 2025
 Carrying AmountFair ValueCarrying AmountFair Value
Debt obligations:
Notes payable and current portion of long-term debt$1,411 $1,410 $$
Long-term debt25,147 22,994 18,416 16,042