Earnings Per Share (Tables)

6 Months Ended

Jul. 04, 2026

Earnings Per Share [Abstract]

Earnings Per Share Reconciliation

Basic and diluted EPS calculations are detailed as follows (in millions, except per share data):


		Three Months Ended July 4, 2026
		Net loss				Weighted-Average Shares (1)				Per Share
		(Numerator)				(Denominator)				Amount
Net loss per basic common share		$	(136	)			98,204			$	(1.39	)
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities			—				—				—

Net loss per diluted common share		$	(136	)			98,204			$	(1.39	)

(1)	Includes issuance of 38,542 thousand shares of Waters common stock related to the BDS Business Acquisition.


		Three Months Ended June 28, 2025
		Net income				Weighted- Average Shares				Per Share
		(Numerator)				(Denominator)				Amount
Net income per basic common share		$	147				59,515			$	2.47
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities			—				141				—

Net income per diluted common share		$	147				59,656			$	2.47


		Six Months Ended July 4, 2026
		Net loss				Weighted-Average Shares (1)				Per Share
		(Numerator)				(Denominator)				Amount
Net loss per basic common share		$	(208	)			90,041			$	(2.31	)
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities			—				—				—

Net loss per diluted common share		$	(208	)			90,041			$	(2.31	)

(1)	Includes issuance of 38,542 thousand shares of Waters common stock related to the BDS Business Acquisition.


		Six Months Ended June 28, 2025
		Net income				Weighted- Average Shares				Per Share
		(Numerator)				(Denominator)				Amount
Net income per basic common share		$	268				59,478			$	4.51
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities			—				208				(0.01	)

Net income per diluted common share		$	268				59,686			$	4.50