v3.26.1
Stock-Based Compensation
6 Months Ended
Jun. 28, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The classification of stock-based compensation expense for the fiscal three and six months ended June 28, 2026 and June 29, 2025 was as follows:

Fiscal Three Months EndedFiscal Six Months Ended
(Dollars in Millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Cost of sales
$$$11 $15 
Selling, general, and administrative expenses
26 30 50 66 
Total stock-based compensation expense
$32 $37 $61 $81 

Grant activity for the fiscal six months ended June 28, 2026 primarily relates to restricted stock units awarded as part of the annual grant of stock-based awards under the 2023 Long-Term Incentive Plan (the “Kenvue 2023 Plan”) that occurred during the fiscal three months ended March 29, 2026.