XML 65 R45.htm IDEA: XBRL DOCUMENT v3.25.4
Relationship with J&J (Tables)
12 Months Ended
Dec. 28, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
Prior to Kenvue becoming a fully independent company, the allocations (excluding stock-based compensation expense), net of costs charged to J&J’s affiliates reflected in the Consolidated Statement of Operations for the fiscal twelve months ended December 31, 2023 were:

Fiscal Twelve Months Ended
(Dollars in Millions)December 31, 2023
Cost of sales$25 
Selling, general, and administrative expenses120 
Total costs allocated
$145 
The components of Net transfers to J&J for the fiscal twelve months ended December 31, 2023 were:

Fiscal Twelve Months Ended
(Dollars in Millions)December 31, 2023
Cash pooling and general financing activities$(446)
Corporate cost allocations145 
Taxes deemed settled with J&J
27 
Net transfers to J&J as reflected in the Consolidated Statement of Cash Flows
$(274)
Other(1)
(34)
Net transfers to J&J as reflected in the Consolidated Statement of Stockholders’ Equity
$(308)
(1) Other primarily relates to the impact of the change in accounting principle for Global Intangible Low-Tax Income (“GILTI”).
The Company had the following balances and transactions with J&J and its affiliates, primarily in connection with the Tax Matters Agreement, Transition Services Agreement, and the Transition Manufacturing Agreement, reported in the Consolidated Financial Statements:

(Dollars in Millions)December 28, 2025December 29, 2024
Prepaid expenses and other receivables$21 $109 
Accounts payable and Accrued liabilities$136 $270 
Other assets$91 $78 
Other liabilities$139 $143 

Fiscal Twelve Months Ended
(Dollars in Millions)December 28, 2025December 29, 2024December 31, 2023
Cost of sales$168 $203 $148 
Selling, general, and administrative expenses$$203 $189