v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 1,350 $ 1,539
Accounts receivable, net 1,010 1,023
Inventories, net 2,380 2,328
Prepaid expenses and other current assets 267 276
Total current assets 5,006 5,166
Property, plant and equipment, net 3,211 3,226
Goodwill 1,625 1,623
Intangible assets, net 1,258 1,260
Operating lease assets 385 387
Equity method investments 213 209
Other assets 315 306
Total assets 12,014 12,177
Current liabilities:    
Accounts payable 461 856
Current portion of long-term debt and finance lease obligations 602 3
Current portion of operating lease obligations 73 71
Accrued expenses and other current liabilities 818 811
Total current liabilities 1,954 1,741
Long-term debt and finance lease obligations 1,402 2,000
Long-term operating lease obligations 319 322
Deferred income taxes, net 631 658
Net long-term pension obligation 206 207
Other liabilities 187 185
Redeemable noncontrolling interests 311 264
Commitments and contingencies (Note 18)
Shareholders’ equity:    
Preferred stock, no par value; 100,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, no par value; 5,000,000,000 shares authorized; 393,760,231 shares issued and outstanding as of June 28, 2026 and 393,112,711 shares issued and outstanding as of December 28, 2025  0 0
Additional paid-in capital 3,296 3,338
Retained earnings 4,012 3,776
Accumulated other comprehensive loss (304) (314)
Total shareholders’ equity 7,004 6,801
Total liabilities and equity $ 12,014 $ 12,177