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Segments of Business - Segment Net Sales (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 28, 2026 | Jun. 29, 2025 | Jun. 28, 2026 | Jun. 29, 2025
Sales by segment of business |  |  |  |
Sales to customers | $ 3,955 | $ 3,839 | $ 7,864 | $ 7,580
Depreciation | 79 | 78 | 157 | 151
Amortization of intangible assets | 64 | 64 | 129 | 127
Separation-related costs | 7 | 24 | 10 | 62
Restructuring expenses and operating model optimization initiatives | 69 | 68 | 147 | 135
Conversion of stock-based awards | 0 | 1 | 1 | 4
Founders Shares | 1 | 5 | 3 | 8
Pending Transaction costs | 16 | 0 | 32 | 0
Skillman sale-leaseback | 2 | 0 | 4 | 0
Other operating expense, net | 6 | 5 | 17 | 18
General corporate/unallocated expenses | 70 | 90 | 139 | 169
Operating income | 699 | 692 | 1,466 | 1,250
Other expense, net | 11 | 10 | 11 | 16
Interest expense, net | 90 | 94 | 185 | 188
Income before taxes | 598 | 588 | 1,270 | 1,046
Operating Segments |  |  |  |
Sales by segment of business |  |  |  |
Segment adjusted Cost of sales | 1,574 | 1,501 | 3,107 | 2,997
Other segment expense items | 1,368 | 1,311 | 2,652 | 2,659
Segment adjusted operating income | 1,013 | 1,027 | 2,105 | 1,924
Self Care |  |  |  |
Sales by segment of business |  |  |  |
Sales to customers | 1,589 | 1,555 | 3,288 | 3,222
Self Care | Operating Segments |  |  |  |
Sales by segment of business |  |  |  |
Segment adjusted Cost of sales | 550 | 548 | 1,128 | 1,135
Other segment expense items | 527 | 480 | 1,023 | 994
Segment adjusted operating income | 512 | 527 | 1,137 | 1,093
Skin Health and Beauty |  |  |  |
Sales by segment of business |  |  |  |
Sales to customers | 1,113 | 1,059 | 2,172 | 2,036
Skin Health and Beauty | Operating Segments |  |  |  |
Sales by segment of business |  |  |  |
Segment adjusted Cost of sales | 450 | 422 | 887 | 835
Other segment expense items | 477 | 488 | 931 | 960
Segment adjusted operating income | 186 | 149 | 354 | 241
Essential Health |  |  |  |
Sales by segment of business |  |  |  |
Sales to customers | 1,253 | 1,225 | 2,404 | 2,322
Essential Health | Operating Segments |  |  |  |
Sales by segment of business |  |  |  |
Segment adjusted Cost of sales | 574 | 531 | 1,092 | 1,027
Other segment expense items | 364 | 343 | 698 | 705
Segment adjusted operating income | $ 315 | $ 351 | $ 614 | $ 590

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