XML 34 R19.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Sales of Receivables
6 Months Ended
Jun. 29, 2024
Receivables [Abstract]  
Sales of Receivables Sales of Receivables
Sales of Receivables
The following table summarizes the proceeds received from sales of accounts receivable and long-term receivables for the three and six months ended June 29, 2024 and July 1, 2023: 
 Three Months EndedSix Months Ended
June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Long-term receivables sales proceeds17 26 27 58 
At June 29, 2024, the Company had retained servicing obligations for $770 million of long-term receivables, compared to $813 million at December 31, 2023. Servicing obligations are limited to collection activities related to the sales of accounts receivables and long-term receivables. The Company had outstanding commitments to provide long-term financing to third parties totaling $73 million at June 29, 2024, compared to $103 million at December 31, 2023.