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LEASES (Tables) | 12 Months Ended
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Dec. 29, 2023
Leases [Abstract] |
Schedule of Lease Expense and Supplemental Lease Information | The components of lease costs are as follows:
| Fiscal Year Ended
(In millions) | December 29, 2023 |  | December 30, 2022 |  | December 31, 2021
Operating lease cost | $ | 163 |  |  | $ | 151 |  |  | $ | 172 |
Short-term and equipment lease cost | 23 |  |  | 21 |  |  | 20 |
Variable lease cost | 26 |  |  | 25 |  |  | 20 |
Other, net(1) | 11 |  |  | 6 |  |  | 3 |
Total lease cost | $ | 223 |  |  | $ | 203 |  |  | $ | 215 |
______________ (1) Consists of finance lease amortization and interest costs as well as sublease income. Other supplemental lease information for fiscal 2023 and 2022 is as follows:
| Fiscal Year Ended
(In millions, except lease term and discount rate) | December 29, 2023 |  | December 30, 2022
Cash paid for amounts included in the measurement of lease liabilities |  |  |
Net cash provided by operating activities - operating lease payments | $ | 159 |  | $ | 148
Net cash provided by operating activities - finance lease interest payments | 7 |  | 5
Net cash provided by financing activities - finance lease obligation payments | 6 |  | 4
Assets obtained in exchange for new lease obligations |  |  |
ROU assets obtained with operating leases | $ | 144 |  | $ | 123
Property, plant and equipment obtained with finance leases | 68 |  | 20
Weighted average remaining lease term (in years) |  |  |
Operating leases | 8.3 |  | 9.3
Finance leases | 17.7 |  | 21.3
Weighted average discount rate |  |  |
Operating leases | 3.9 | % |  | 3.5 | %
Finance leases | 4.3 | % |  | 3.4 | %
Schedule of Supplemental Balance Sheet Information | Supplemental operating and finance lease balance sheet information at December 29, 2023 and December 30, 2022 is as follows:
(In millions) | December 29, 2023 |  | December 30, 2022
Operating Leases |  |  |
Other non-current assets | $ | 743 |  |  | $ | 756 |
Other accrued items | 120 |  |  | 121 |
Other long-term liabilities | 705 |  |  | 741 |
Total operating lease liabilities | $ | 825 |  |  | $ | 862 |
Finance Leases |  |  |
Property, plant and equipment | $ | 243 |  |  | $ | 170 |
Accumulated amortization | (25) |  |  | (15) |
Property, plant and equipment, net | $ | 218 |  |  | $ | 155 |
Current portion of long-term debt, net | $ | 8 |  |  | $ | 5 |
Long-term debt, net | 243 |  |  | 165 |
Total finance lease liabilities | $ | 251 |  |  | $ | 170 |
Supplemental Lease Information
Schedule of Future Lease Payments Under Non-cancelable Operating Leases | Payments under non-cancelable operating and finance leases at December 29, 2023 were as follows:
(In millions) | Operating Leases |  | Finance Leases
2024 | $ | 163 |  |  | $ | 19 |
2025 | 142 |  |  | 41 |
2026 | 110 |  |  | 18 |
2027 | 103 |  |  | 17 |
2028 | 97 |  |  | 18 |
Thereafter | 345 |  |  | 233 |
Total future lease payments required(1) | 960 |  |  | 346 |
Less: imputed interest | 135 |  |  | 95 |
Total | $ | 825 |  |  | $ | 251 |
_______________ (1)On December 29, 2023, we had additional future payments on leases of $307 million that had not yet commenced. These leases will commence between 2024 and 2025, and have lease terms of 4 years to 15 years.
Schedule of Future Lease Payments Under Non-cancelable Finance Leases | Payments under non-cancelable operating and finance leases at December 29, 2023 were as follows:
(In millions) | Operating Leases |  | Finance Leases
2024 | $ | 163 |  |  | $ | 19 |
2025 | 142 |  |  | 41 |
2026 | 110 |  |  | 18 |
2027 | 103 |  |  | 17 |
2028 | 97 |  |  | 18 |
Thereafter | 345 |  |  | 233 |
Total future lease payments required(1) | 960 |  |  | 346 |
Less: imputed interest | 135 |  |  | 95 |
Total | $ | 825 |  |  | $ | 251 |
_______________ (1)On December 29, 2023, we had additional future payments on leases of $307 million that had not yet commenced. These leases will commence between 2024 and 2025, and have lease terms of 4 years to 15 years.

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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