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Borrowings (Tables)

9 Months Ended

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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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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