v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 03, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 182 $ 125
Accounts receivable, net of allowances for doubtful accounts of $1 million each as of October 3, 2026 and December 31, 2025 1,025 801
Inventories, net 851 729
Income tax receivable 76 31
Prepaid expenses and other current assets 141 110
Total Current assets 2,275 1,796
Property, plant and equipment, net 348 353
Right-of-use lease assets 180 166
Goodwill 4,698 4,727
Other intangibles, net 687 809
Deferred income taxes 393 414
Other long-term assets 239 237
Total Assets 8,820 8,502
Current liabilities:    
Current portion of long-term debt 2,077 141
Accounts payable 896 695
Accrued liabilities 553 558
Deferred revenue 438 446
Income taxes payable 47 12
Total Current liabilities 4,011 1,852
Long-term debt 494 2,361
Long-term lease liabilities 167 157
Deferred income taxes 27 32
Long-term deferred revenue 414 396
Other long-term liabilities 139 116
Total Liabilities 5,252 4,914
Stockholders’ Equity:    
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued 0 0
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares 1 1
Additional paid-in capital 926 814
Treasury stock at cost, 24,975,690 and 22,558,911 shares as of October 3, 2026 and December 31, 2025, respectively (3,131) (2,488)
Retained earnings 5,811 5,279
Accumulated other comprehensive loss (39) (18)
Total Stockholders’ Equity 3,568 3,588
Total Liabilities and Stockholders’ Equity $ 8,820 $ 8,502