v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 27, 2026
Fair Value Measurements [Abstract]  
Components of Change in Fair Value of Contingent Consideration
Three Months Ended
Six Months Ended
June 27,
June 28,
June 27,
June 28,
2026
2025
2026
2025
Balance, beginning of period
$
64
$
112
$
97
$
30
Increase in contingent consideration due to business
acquisitions and acquisitions of noncontrolling interests
in subsidiaries
-
1
-
94
Decrease in contingent consideration due to payments
(4)
(7)
(4)
(19)
Change in fair value of contingent consideration in
connection with business acquisitions
(1)
(2)
-
(1)
(2)
Change in fair value of contingent consideration in
connection with changes in ownership in consolidated
subsidiaries
(2)
-
-
(34)
3
Balance, end of period
$
58
$
106
$
58
$
106
Amounts are recorded in selling, general and administrative in the condensed consolidated statements of income.
(2)
Amounts are recorded in additional paid-in capital in the condensed consolidated balance sheets.
Assets and Liabilities Measured and Recognized on a Recurring Basis
June 27, 2026
Level 1
Level 2
Level 3
Total
Assets:
Derivative contracts designated as hedges
$
-
$
2
$
-
$
2
Derivative contracts undesignated
-
2
-
2
Total assets
$
-
$
4
$
-
$
4
Liabilities:
Derivative contracts designated as hedges
$
-
$
10
$
-
$
10
Derivative contracts undesignated
-
2
-
2
Total return
swap
-
1
-
1
Contingent consideration
-
-
58
58
Total liabilities
$
-
$
13
$
58
$
71
Redeemable noncontrolling interests
$
-
$
-
$
906
$
906
December 27, 2025
Level 1
Level 2
Level 3
Total
Assets:
Derivative contracts designated as hedges
$
-
$
1
$
-
$
1
Derivative contracts undesignated
-
1
-
1
Total return
swap
-
1
-
1
Total assets
$
-
$
3
$
-
$
3
Liabilities:
Derivative contracts designated as hedges
$
-
$
23
$
-
$
23
Derivative contracts undesignated
-
2
-
2
Contingent consideration
-
-
97
97
Total liabilities
$
-
$
25
$
97
$
122
Redeemable noncontrolling interests
$
-
$
-
$
895
$
895