v3.26.1
Leases (Tables)
 6 Months Ended
Jul. 04, 2026
Leases [Abstract]  
Schedule of Operating Lease Expense
The following table summarizes operating lease costs:

Three Months EndedSix Months Ended
(in millions)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Operating lease costs:
Selling, general and administrative expenses$24 $19 $47 $39 
Cost of goods sold4 6 9 10 
Total operating lease costs (1)
$28 $25 $56 $49 
(1) Total operating lease costs include variable lease costs of $5 million and $10 million for the three and six months ended July 4, 2026, respectively, $4 million and $9 million for the three and six months ended June 28, 2025, respectively.
Schedule of Carrying Amounts of Operating Leased Assets and Liabilities
The following table summarizes the carrying amounts of our operating lease assets and liabilities:

(in millions)Financial Statement Line ItemJuly 4, 2026December 31, 2025
Operating lease assetsOther assets$308 $327 
Operating lease liabilities - currentAccrued liabilities$59 $57 
Operating lease liabilities - non-currentOther liabilities$268 $289 
Schedule of Supplemental Cash Flow Information Related to Operating Leases
The following table summarizes supplemental cash flow information related to operating leases:

Six Months Ended
(in millions)July 4, 2026June 28, 2025
Cash paid for operating lease liabilities$31 $25 
Non-cash activities: operating lease assets obtained in exchange for new operating lease liabilities$12 $42