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Earnings Per Share
 6 Months Ended
Jul. 04, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic net earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing net income by the weighted average number of diluted common shares outstanding. Diluted common shares outstanding is computed using the Treasury Stock method and, in periods of income, reflects the additional shares that would be outstanding if dilutive share-based compensation awards were converted into common shares during the period.

Earnings per share (in millions, except share data):
Three Months EndedSix Months Ended
July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
Basic:
Net income$233 $112 $368 $248 
Weighted-average shares outstanding47,717,205 50,939,474 48,364,994 51,154,241 
Basic earnings per share$4.89 $2.20 $7.61 $4.85 
Diluted:
Net income$233 $112 $368 $248 
Weighted-average shares outstanding47,717,205 50,939,474 48,364,994 51,154,241 
Dilutive shares412,060 342,799 411,555 392,169 
Diluted weighted-average shares outstanding48,129,265 51,282,273 48,776,549 51,546,410 
Diluted earnings per share$4.85 $2.19 $7.54 $4.81 

Anti-dilutive share-based compensation awards are excluded from diluted earnings per share calculations. There were 95,443 and 206,083 shares that were anti-dilutive for the three and six months ended July 4, 2026. There were 199,500 and 126,172 shares that were anti-dilutive for the three and six months ended June 28, 2025, respectively.