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STOCKHOLDERS' EQUITY
6 Months Ended
Jun. 28, 2026
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
Dividends
We paid cash dividends of $1.6 billion ($6.90 per share) during the six months ended June 28, 2026. The total amount of dividends declared may differ from the total amount of dividends paid during a period due to the timing of dividend-equivalents paid on RSUs and PSUs. These dividend-equivalents are accrued during the vesting period and are paid upon the vesting of the RSUs and PSUs, which primarily occurs in the first quarter each year.
Accumulated Other Comprehensive Loss (AOCL)
Changes in the balance of AOCL, net of tax, consisted of the following (in millions):
Retirement
Benefits
Other, netAOCL
Balance at December 31, 2025$(7,555)$13 $(7,542)
Other comprehensive loss before reclassifications (55)(55)
Amounts reclassified from AOCL
Amortization of net actuarial losses and prior service costs (a)
124  124 
Other 5 5 
Total reclassified from AOCL124 5 129 
Total other comprehensive income124 (50)74 
Balance at June 28, 2026$(7,431)$(37)$(7,468)
Balance at December 31, 2024$(8,288)$(164)$(8,452)
Other comprehensive income before reclassifications — 142 142 
Amounts reclassified from AOCL
Amortization of net actuarial losses and prior service costs (a)
128 — 128 
Other— 25 25 
Total reclassified from AOCL128 25 153 
Total other comprehensive income 128 167 295 
Balance at June 29, 2025$(8,160)$$(8,157)
(a)Reclassifications from AOCL related to retirement benefits were recorded as a component of FAS expense for each period presented. These amounts include $62 million and $64 million, net of tax, for the quarters ended June 28, 2026 and June 29, 2025, which are comprised of the amortization of net actuarial losses of $56 million and $55 million, and the amortization of net prior service costs of $6 million and $9 million, for the quarters ended June 28, 2026 and June 29, 2025. See “Note 6 - Retirement Benefits”.