FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 27, 2026

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

Assets and liabilities measured at fair value on a recurring basis are summarized below:


			June 27, 2026
			Basis of fair value measurement
(in millions)			Quoted prices in active markets for identical assets (Level 1)						Other observable inputs (Level 2)						Significant unobservable inputs (Level 3)						Carrying value
Financial assets
Short-term investments (time deposits)			$	—					$	350					$	—					$	350

Interest rate contracts (hedge)			$	—					$	23					$	—					$	23


Total assets at fair value			$	—					$	373					$	—					$	373
Financial liabilities


Contingent consideration liability			$	—					$	—					$	(29)					$	(29)
Total liabilities at fair value			$	—					$	—					$	(29)					$	(29)


			December 31, 2025
			Basis of fair value measurement
(in millions)			Quoted prices in active markets for identical assets (Level 1)						Other observable inputs (Level 2)						Significant unobservable inputs (Level 3)						Carrying value
Financial assets


Interest rate contracts (hedge)			$	—					$	36					$	—					$	36
Total assets at fair value			$	—					$	36					$	—					$	36
Financial liabilities
Contingent consideration liability			$	—					$	—					$	(29)					$	(29)
Total liabilities at fair value			$	—					$	—					$	(29)					$	(29)