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Borrowings (Tables) | 9 Months Ended
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Sep. 28, 2025
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt Instruments | The components of the Company’s debt as of September 28, 2025 and December 29, 2024 were as follows:
(Dollars in Millions) |  |  |  |  |  |  |  | September 28, 2025 |  | December 29, 2024
Senior Notes |  |  |  |  |  |  |  |  |  |
5.50% Senior Notes due 2025 |  |  |  |  |  |  |  | $ | — |  |  | $ | 750 |
5.35% Senior Notes due 2026 |  |  |  |  |  |  |  | 750 |  |  | 750 |
5.05% Senior Notes due 2028 |  |  |  |  |  |  |  | 1,000 |  |  | 1,000 |
5.00% Senior Notes due 2030 |  |  |  |  |  |  |  | 1,000 |  |  | 1,000 |
4.85% Senior Notes due 2032 |  |  |  |  |  |  |  | 750 |  |  | — |
4.90% Senior Notes due 2033 |  |  |  |  |  |  |  | 1,250 |  |  | 1,250 |
5.10% Senior Notes due 2043 |  |  |  |  |  |  |  | 750 |  |  | 750 |
5.05% Senior Notes due 2053 |  |  |  |  |  |  |  | 1,500 |  |  | 1,500 |
5.20% Senior Notes due 2063 |  |  |  |  |  |  |  | 750 |  |  | 750 |
Other(1) |  |  |  |  |  |  |  | 125 |  |  | 119 |
Discounts and debt issuance costs |  |  |  |  |  |  |  | (65) |  |  | (64) |
Total |  |  |  |  |  |  |  | 7,810 |  |  | 7,805 |
Less: Current portion of long-term debt—principal amount, net of discounts and debt issuance costs |  |  |  |  |  |  |  | (750) |  |  | (750) |
Total long-term debt |  |  |  |  |  |  |  | 7,060 |  |  | 7,055 |
Current portion of long-term debt—principal amount |  |  |  |  |  |  |  | 750 |  |  | 750 |
Commercial paper |  |  |  |  |  |  |  | 1,160 |  |  | 800 |
Discounts and debt issuance costs |  |  |  |  |  |  |  | (3) |  |  | (3) |
Other |  |  |  |  |  |  |  | 6 |  |  | 5 |
Total loans and notes payable |  |  |  |  |  |  |  | 1,913 |  |  | 1,552 |
Total debt |  |  |  |  |  |  |  | $ | 8,973 |  |  | $ | 8,607 |
(1) Other consists primarily of finance lease liabilities.
Interest Income and Interest Expense Disclosure | The amount included in Interest expense, net in the Condensed Consolidated Statements of Operations for the fiscal three and nine months ended September 28, 2025 and September 29, 2024 consisted of the following:
|  | Fiscal Three Months Ended |  | Fiscal Nine Months Ended
(Dollars in Millions) |  | September 28, 2025 |  | September 29, 2024 |  | September 28, 2025 |  | September 29, 2024
Interest expense |  | $ | 107 |  |  | $ | 108 |  |  | $ | 321 |  |  | $ | 323 |
Interest income |  | (14) |  |  | (12) |  |  | (40) |  |  | (40) |
Interest expense, net |  | $ | 93 |  |  | $ | 96 |  |  | $ | 281 |  |  | $ | 283 |

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