INCOME TAXES |
9 Months Ended |
|---|---|
Sep. 27, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | NOTE 7 - INCOME TAXES Income Taxes Our effective income tax rates were 15.1% and 15.6% for the quarter and nine months ended September 27, 2026 and 16.5% and 16.4% for the quarter and nine months ended September 28, 2025. The decreases were primarily attributable to increased tax deductions for foreign derived deduction eligible income (FDDEI), partially offset by the absence of the favorable resolution of certain federal income tax audit items as compared to the prior year. In addition, the rates for all periods benefited from research and development tax credits, dividends paid to our defined contribution plans with an employee stock ownership plan feature and employee equity awards.
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