Net debt (Details) - USD ($) $ in Millions	Jun. 27, 2026	Dec. 31, 2025	Jun. 28, 2025
Net debt
Bank overdrafts, borrowings and loans - current	$ 508	$ 83	$ 18
Corporate bond	2,670	2,478	2,603
Private placement notes	410	550	625
Borrowings	3,588	3,111	3,246
Cash and cash equivalents	(754)	(557)	(676)
Asset balance on derivatives - interest rate swaps	(12)	(11)	(31)
Net debt excluding lease liabilities	2,822	2,543	2,539
Non-current lease liabilities	132	149	144
Current lease liabilities	65	67	64
Net debt	3,019	2,759	2,747
Cash at bank	504	457	476
Cash equivalents	$ 250	$ 100	$ 200

The amount of cash balances held at banks.

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The amount of bonds issued by the entity.

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The amount of outstanding funds that the entity is obligated to repay.

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The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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The amount of short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

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The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings]

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The amount of current lease liabilities. [Refer: Lease liabilities]

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The amount of net debt of the entity.

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The amount of non-current lease liabilities. [Refer: Lease liabilities]

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The amount of notes and debentures issued by the entity.

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Derivative financial assets (liabilities), interest rate swaps

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No definition available.

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- Definition

Net debt excluding lease liabilities.

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No definition available.

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