v3.26.1
Accounts Payable and Warranty Liability
6 Months Ended
Jul. 04, 2026
Payables and Accruals [Abstract]  
Accounts Payable and Warranty Liability Accounts Payable and Warranty Liability
Accounts Payable
Supplier Financing Arrangement
We have a financing arrangement with one of our suppliers for a maximum amount of $200 million that extends payment terms for up to 190 days from the receipt of goods and provides for the supplier to be paid by a financial institution earlier than maturity. This financing arrangement expires in April 2027. At July 4, 2026 and January 3, 2026, the amount due under the supplier financing arrangement was $119 million and $108 million, respectively.
Warranty Liability
Changes in our current and non-current warranty liability are as follows:
Six Months Ended
(In millions)July 4,
2026
June 28,
2025
Beginning of period$183 $173 
Provision40 38 
Changes to estimates18 24 
Settlements(49)(45)
Other*(9)
End of period$193 $181 
* Other includes business dispositions and currency translation adjustments.