v3.26.1
Other Operating Expense, Net and Other Expense, Net (Tables)
6 Months Ended
Jun. 28, 2026
Other Income and Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component
Other operating expense, net for the fiscal three and six months ended June 28, 2026 and June 29, 2025 consisted of:

Fiscal Three Months EndedFiscal Six Months Ended
(Dollars in Millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Royalty income $(7)$(14)$(12)$(18)
Impact of Deferred Markets(1)
15 16 21 28 
Other(2)
(2)
Total other operating expense, net$6 $5 $17 $18 
(1) Includes the provision for taxes, minority interest expense, and service fees to be paid to J&J under the net economic benefit arrangements. See Note 1, “Description of the Company and Summary of Significant Accounting Policies—Net Economic Benefit Arrangements,” for more information regarding Deferred Markets.
(2) Other consists primarily of other miscellaneous operating (income) expenses.
Schedule of Other Nonoperating Income (Expense)
Other expense, net for the fiscal three and six months ended June 28, 2026 and June 29, 2025 consisted of:

Fiscal Three Months EndedFiscal Six Months Ended
(Dollars in Millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Currency losses on transactions$12 $11 $12 $17 
Other(1)
(1)(1)(1)(1)
Total other expense, net$11 $10 $11 $16 
(1) Other consists primarily of net periodic benefit costs other than service cost components and miscellaneous non-operating (income) expenses.