v3.26.3
Leases
9 Months Ended
Oct. 03, 2026
Leases [Abstract]  
Leases Leases
Components of Lease Expense
Three Months EndedNine Months Ended
(In millions)October 3, 2026September 27, 2025October 3, 2026September 27, 2025
Lease expense:
Operating lease cost$41 $39 $123 $114 
Short-term lease cost1 — 4 — 
Variable cost7 9 32 37 
Sublease income(1)(1)(4)(5)
Net lease expense from operating leases$48 $47 $155 $146 
Lease Assets and Liabilities
(In millions)Statement Line ClassificationOctober 3, 2026December 31, 2025
Right-of-use lease assetsOperating lease assets$534 $581 
Current lease liabilitiesAccrued liabilities145 133 
Operating lease liabilitiesOperating lease liabilities409 471 
Other Information Related to Leases
Nine Months Ended
(In millions)October 3, 2026September 27, 2025
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$126 $121 
Right-of-use assets obtained in exchange for lease liabilities63 84 
During the nine months ended October 3, 2026, assets obtained in exchange for lease liabilities were primarily driven by new and renewed real estate leases.
October 3, 2026December 31, 2025
Weighted average remaining lease terms (years)55
Weighted average discount rate:4.32 %4.21 %
Future Lease Payments
October 3, 2026
(In millions)Operating Leases
Remainder of 2026$35 
2027163 
2028137 
2029104 
203052 
Thereafter134 
Total lease payments625 
Less: interest71 
Present value of lease liabilities$554