Commitments and Contingencies |
6 Months Ended |
|---|---|
Jul. 03, 2026 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | NOTE 14. COMMITMENTS AND CONTINGENCIES Commitments At the end of the second quarter of 2026, we had non-cancellable purchase commitments of approximately $625.8 million. These non-cancellable purchase commitments primarily represent (i) various non-cancellable agreements with certain software and service providers with minimum or fixed commitments, and (ii) open non-cancellable purchase orders for purchases with our inventory vendors. Early Retirement Voluntary Offering (“ERVO”) In June 2026, we initiated an ERVO program for certain employees in designated countries. The program was available to certain salaried employees who met the age and length-of-service criteria and required eligible employees to confirm enrollment by July 8, 2026. The impacts on restructuring costs and the resulting liabilities are immaterial. Litigation There are no material legal proceedings.
|