v3.26.3
REDEEMABLE NONCONTROLLING INTERESTS
9 Months Ended
Sep. 27, 2026
Noncontrolling Interest [Abstract]  
REDEEMABLE NONCONTROLLING INTERESTS REDEEMABLE NONCONTROLLING INTERESTS 
Certain noncontrolling interest (“NCI”) holders have the right to exercise a put option that would obligate us to redeem a portion or all of their interest. These NCIs are classified as redeemable NCI outside of equity on our condensed consolidated balance sheets. At the end of each period we adjust the value of redeemable NCI, if necessary, to the redemption value (as defined in the subsidiary’s operating agreement) through additional paid-in capital. The following table presents the changes in redeemable NCI for the periods presented.
Three Months Ended
Nine Months Ended
September 27,
2026
September 28,
2025
September 27,
2026
September 28,
2025
(in millions)
Beginning balance$311 $245 $264 $225 
Adjustment to redemption value (1)
(39)5 14 6 
Attribution of net income1 4 6 7 
Attribution of other comprehensive income (loss), net of tax(1)5 4 21 
Dividends declared— (1)(15)(1)
Ending balance$272 $257 $272 $257 
_______________
(1)See “Note 18: Fair Value Measurements” for further discussion.