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Leases
 9 Months Ended
Sep. 28, 2024
Leases [Abstract]  
Leases Leases
Components of Lease Expense
Three Months EndedNine Months Ended
(in millions)September 28, 2024September 30, 2023September 28, 2024September 30, 2023
Lease expense:
Operating lease cost$34 $35 $103 $103 
Short-term lease cost— — — 1
Variable cost12 10 34 28 
Sublease income(1)(1)(4)(3)
Net lease expense from operating leases$45 $44 $133 $129 
Lease Assets and Liabilities
(in millions)Statement Line ClassificationSeptember 28, 2024December 31, 2023
Right-of-use lease assetsOperating lease assets$551 $495 
Current lease liabilitiesAccrued liabilities131 125 
Operating lease liabilitiesOperating lease liabilities444 407 
Other Information Related to Leases
Nine Months Ended
(in millions)September 28, 2024September 30, 2023
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$118 $103 
Right-of-use assets obtained in exchange for lease liabilities123 52 
During the nine months ended September 28, 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. In addition, assets obtained in exchange for lease liabilities of $19 million were recorded in connection with the Company's renewal of an International region office lease by ten years.
September 28, 2024December 31, 2023
Weighted average remaining lease terms (years)55
Weighted average discount rate:3.92 %4.34 %
Future Lease Payments
September 28, 2024
(in millions)Operating Leases
Remainder of 2024$32 
2025147 
2026128 
2027109 
202884 
Thereafter136 
Total lease payments636 
Less: interest61 
Present value of lease liabilities$575 
Leases Leases
Components of Lease Expense
Three Months EndedNine Months Ended
(in millions)September 28, 2024September 30, 2023September 28, 2024September 30, 2023
Lease expense:
Operating lease cost$34 $35 $103 $103 
Short-term lease cost— — — 1
Variable cost12 10 34 28 
Sublease income(1)(1)(4)(3)
Net lease expense from operating leases$45 $44 $133 $129 
Lease Assets and Liabilities
(in millions)Statement Line ClassificationSeptember 28, 2024December 31, 2023
Right-of-use lease assetsOperating lease assets$551 $495 
Current lease liabilitiesAccrued liabilities131 125 
Operating lease liabilitiesOperating lease liabilities444 407 
Other Information Related to Leases
Nine Months Ended
(in millions)September 28, 2024September 30, 2023
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$118 $103 
Right-of-use assets obtained in exchange for lease liabilities123 52 
During the nine months ended September 28, 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. In addition, assets obtained in exchange for lease liabilities of $19 million were recorded in connection with the Company's renewal of an International region office lease by ten years.
September 28, 2024December 31, 2023
Weighted average remaining lease terms (years)55
Weighted average discount rate:3.92 %4.34 %
Future Lease Payments
September 28, 2024
(in millions)Operating Leases
Remainder of 2024$32 
2025147 
2026128 
2027109 
202884 
Thereafter136 
Total lease payments636 
Less: interest61 
Present value of lease liabilities$575