v3.26.1
Goodwill and Other Intangible Assets, net
 6 Months Ended
Jul. 04, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets, net Goodwill and Other Intangible Assets, net
Changes in the carrying value of goodwill were as follows:

(in millions)Goodwill
Balance as of January 1, 2026$1,066 
Impact of foreign currency translation(3)
Balance as of July 4, 2026$1,063 
All intangible assets are subject to amortization. These intangible assets consisted of the following:
July 4, 2026December 31, 2025
(in millions)
 Gross
 Carrying
 Amount
Accumulated Amortization Net
 Carrying
 Amount
 Gross
 Carrying
 Amount
Accumulated
 Amortization 		Net
 Carrying
 Amount
Customer relationships$675 $(166)$509 $675 $(140)$535 
Patents and technology110 (37)73 110 (28)82 
Software120 (51)69 109 (41)68 
Trademarks74 (19)55 74 (15)59 
Total intangible assets$979 $(273)$706 $968 $(224)$744 
Intangible asset amortization expense was $25 million and $49 million for the three and six months ended July 4, 2026, respectively. For the three and six months ended June 28, 2025, intangible asset amortization was $23 million and $46 million, respectively.