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Leases
 3 Months Ended
Mar. 30, 2024
Leases [Abstract]  
Leases Leases
Components of Lease Expense
Three Months Ended
(in millions)March 30, 2024April 1, 2023
Lease expense:
Operating lease cost$35 $34 
Short-term lease cost— 1
Variable cost11 9 
Sublease income(1)(2)
Net lease expense from operating leases$45 $42 
Lease Assets and Liabilities
(in millions)Statement Line ClassificationMarch 30, 2024December 31, 2023
Right-of-use lease assetsOperating lease assets$534 $495 
Current lease liabilitiesAccrued liabilities$122 $125 
Operating lease liabilitiesOperating lease liabilities$447 $407 
Other Information Related to Leases
Three Months Ended
(in millions)March 30, 2024April 1, 2023
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$38 $52 
Right-of-use assets obtained in exchange for lease liabilities$83 $8 
For the three months ended March 30, 2024, the Company recorded $80 million of assets obtained in exchange for lease liabilities due to an assumption that it is reasonably certain that renewal options will be extended on its radio tower site leases operated within the Airwave radio network, consistent with the UK Home Office's notice of contract extension pursuant to their Deferred National Shutdown Notice through December 31, 2029.
March 30, 2024December 31, 2023
Weighted average remaining lease terms (years)65
Weighted average discount rate3.82 %4.34 %
Future Lease Payments
March 30, 2024
(in millions)Operating Leases
Remainder of 2024$99 
2025132 
2026115 
202798 
202876 
Thereafter114 
Total lease payments634 
Less: Interest65 
Present value of lease liabilities$569 
Leases Leases
Components of Lease Expense
Three Months Ended
(in millions)March 30, 2024April 1, 2023
Lease expense:
Operating lease cost$35 $34 
Short-term lease cost— 1
Variable cost11 9 
Sublease income(1)(2)
Net lease expense from operating leases$45 $42 
Lease Assets and Liabilities
(in millions)Statement Line ClassificationMarch 30, 2024December 31, 2023
Right-of-use lease assetsOperating lease assets$534 $495 
Current lease liabilitiesAccrued liabilities$122 $125 
Operating lease liabilitiesOperating lease liabilities$447 $407 
Other Information Related to Leases
Three Months Ended
(in millions)March 30, 2024April 1, 2023
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$38 $52 
Right-of-use assets obtained in exchange for lease liabilities$83 $8 
For the three months ended March 30, 2024, the Company recorded $80 million of assets obtained in exchange for lease liabilities due to an assumption that it is reasonably certain that renewal options will be extended on its radio tower site leases operated within the Airwave radio network, consistent with the UK Home Office's notice of contract extension pursuant to their Deferred National Shutdown Notice through December 31, 2029.
March 30, 2024December 31, 2023
Weighted average remaining lease terms (years)65
Weighted average discount rate3.82 %4.34 %
Future Lease Payments
March 30, 2024
(in millions)Operating Leases
Remainder of 2024$99 
2025132 
2026115 
202798 
202876 
Thereafter114 
Total lease payments634 
Less: Interest65 
Present value of lease liabilities$569