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Leases
6 Months Ended
Jul. 04, 2026
Leases [Abstract]  
Leases Leases
During the six months ended July 4, 2026, the Company recorded $22 million of right-of-use (“ROU”) assets obtained in exchange for lease obligations related to extensions of existing leases and commencements of new leases.

Future minimum lease payments under non-cancellable leases as of July 4, 2026 were as follows (in millions):
2026 (6 months remaining)$27 
202746 
202840 
202933 
203026 
Thereafter64 
Total future minimum lease payments$236 
Less: Interest(42)
Present value of lease liabilities$194 
Reported as of July 4, 2026:
Current portion of lease liabilities$38 
Long-term lease liabilities156 
Present value of lease liabilities$194 

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