v3.26.3
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 25, 2026
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Carried at Fair Value
A summary of financial assets that are measured at fair value on a recurring basis were as follows ($ in millions):
BalanceQuoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
September 25, 2026December 31, 2025September 25, 2026December 31, 2025September 25, 2026December 31, 2025September 25, 2026December 31, 2025
Assets:
Investment in equity securities$236 $165 $100 $— $— $— $— $— 
Cross-currency swap derivative contracts165 150 — — 165 150 — — 
Liabilities:
Cross-currency swap derivative contracts11 42 — — 11 42 — — 
Carrying Amounts and Fair Values of Financial Instruments
The carrying amounts and fair values of the Company’s other financial instruments were as follows ($ in millions):
September 25, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Debt obligations:
Notes payable and current portion of long-term debt$2,094 $2,081 $2 $2 
Long-term debt24,388 21,560 18,416 16,042