v3.26.3
Other (Income) Expense, Net (Tables)
 9 Months Ended
Sep. 26, 2026
Other Income and Expenses [Abstract]  
Schedule of Other Expense, Net
Other (income) expense, net consists of the following:
Three Months Ended Nine Months Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
Environmental expense$16 $231 $53 $324 
Transaction costs(1)
18 74 127 89 
Pension (income) expense(81)1 (81)3 
Equity income of affiliated companies(6)(6)(18)(17)
Other (income) expense, net(7)(6)19 (24)
Total Other (income) expense, net
$(60)$294 $100 $375 
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1.Transaction costs consist of professional advisory services fees related to the Spin-off. For the nine months ended September 26, 2026, the Company recognized $540 million of transaction costs, of which, $413 million is recognized within Selling, general and administrative expenses. For the three months ended September 26, 2026, there were no transaction costs recognized in Selling, general and administrative expenses. For the three and nine months ended September 27, 2025, the Company recognized $143 million and $160 million of transaction costs, of which, $69 million and $71 million is recognized within Selling, general and administrative expenses.