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Leases
3 Months Ended
Mar. 29, 2025
Leases [Abstract]  
Leases Leases
During the three months ended March 29, 2025, the Company recorded $4 million of right-of-use (“ROU”) assets obtained in exchange for lease obligations primarily related to the extension of existing leases.

Future minimum lease payments under non-cancellable leases as of March 29, 2025 were as follows (in millions):
2025 (9 months remaining)$36 
202642 
202734 
202831 
202926 
Thereafter60 
Total future minimum lease payments$229 
Less: Interest(40)
Present value of lease liabilities$189 
Reported as of March 29, 2025:
Current portion of lease liabilities$36 
Long-term lease liabilities153 
Present value of lease liabilities$189 

The current portion of lease liabilities is included within Accrued liabilities on the Consolidated Balance Sheets.