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EARNINGS PER SHARE AVAILABLE TO COMMON SHAREHOLDERS (“EPS”) (Tables)
 9 Months Ended
Oct. 02, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted EPS are calculated as follows:
Third QuarterYear to Date
(In millions, except per share amount)2026202520262025
Net income$632 $462 $1,744 $1,306 
Subsidiary preferred stock deemed dividends(19)— (33)— 
Net income available to common shareholders$613 $462 $1,711 $1,306 
Basic weighted-average common shares outstanding186.1 187.1 186.4 187.6 
Impact of dilutive share-based awards0.8 1.0 1.1 1.0 
Diluted weighted-average common shares outstanding186.9 188.1 187.5 188.6 
Earnings per share available to common shareholders
Basic$3.29 $2.47 $9.18 $6.96 
Diluted$3.28 $2.46 $9.13 $6.92