v3.26.1
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Common Stock
Accumulated Other Comprehensive Loss
Retained Earnings
Noncontrolling Interests
Total
Balances at Dec. 31, 2024 $ 1 $ (376) $ 5,104 $ 20 $ 4,749
Comprehensive income:          
Net earnings     32   32
Other comprehensive income, net of tax 0 (14) 0 0 (14)
Dividends on common stock ($2.25/share)     (2)   (2)
Balances at Mar. 29, 2025 1 (390) 5,134 20 4,765
Balances at Dec. 31, 2024 1 (376) 5,104 20 4,749
Comprehensive income:          
Net earnings         136
Balances at Jun. 28, 2025 1 (376) 5,210 20 4,855
Balances at Mar. 29, 2025 1 (390) 5,134 20 4,765
Comprehensive income:          
Net earnings     102 2 104
Other comprehensive income, net of tax 0 14 0 0 14
Distributions to noncontrolling interests       (2) (2)
Repurchase of common stock     (24)   (24)
Dividends on common stock ($2.25/share)     (2)   (2)
Balances at Jun. 28, 2025 1 (376) 5,210 20 4,855
Balances at Dec. 31, 2025 1 (341) 5,552 23 5,235
Comprehensive income:          
Net earnings     119 1 120
Other comprehensive income, net of tax 0 7 0 0 7
Dividends on common stock ($2.25/share)     (2)   (2)
Balances at Apr. 04, 2026 1 (334) 5,669 24 5,360
Balances at Dec. 31, 2025 1 (341) 5,552 23 5,235
Comprehensive income:          
Net earnings         274
Other comprehensive income, net of tax         6
Balances at Jul. 04, 2026 1 (335) 5,820 23 5,509
Balances at Apr. 04, 2026 1 (334) 5,669 24 5,360
Comprehensive income:          
Net earnings     153 1 154
Other comprehensive income, net of tax 0 (1) 0 0 (1)
Distributions to noncontrolling interests       (2) (2)
Dividends on common stock ($2.25/share)     (2)   (2)
Balances at Jul. 04, 2026 $ 1 $ (335) $ 5,820 $ 23 $ 5,509