Interest Expense (Income)

6 Months Ended

Jul. 04, 2026

Banking and Thrift, Interest [Abstract]

10. Interest Expense (Income)

The components of net interest expense for the second quarter and first six months of 2026 and 2025 are as follows (in millions):


	Three Months (13 Weeks) Ended						Six Months (26 Weeks) Ended
	July 4, 2026			July 5, 2025			July 4, 2026			July 5, 2025
Interest expense	$	36		$	49		$	75		$	100
Interest income		(24	)		(30	)		(44	)		(67	)
Interest expense, net	$	12		$	19		$	31		$	33

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

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+ Details