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Other Operating Expense, Net and Other Expense, Net | 6 Months Ended
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Jun. 28, 2026
Other Income and Expenses [Abstract] |
Other Operating Expense, Net and Other Expense, Net | Other Operating Expense, Net and Other Expense, Net Other operating expense, net for the fiscal three and six months ended June 28, 2026 and June 29, 2025 consisted of:
|  | Fiscal Three Months Ended |  | Fiscal Six Months Ended
(Dollars in Millions) |  | June 28, 2026 |  | June 29, 2025 |  | June 28, 2026 |  | June 29, 2025 |  |
Royalty income |  | $ | (7) |  |  | $ | (14) |  |  | $ | (12) |  |  | $ | (18) |  |  |
Impact of Deferred Markets(1) |  | 15 |  |  | 16 |  |  | 21 |  |  | 28 |  |  |
Other(2) |  | (2) |  |  | 3 |  |  | 8 |  |  | 8 |  |  |
Total other operating expense, net |  | $ | 6 |  |  | $ | 5 |  |  | $ | 17 |  |  | $ | 18 |  |  |
(1) Includes the provision for taxes, minority interest expense, and service fees to be paid to J&J under the net economic benefit arrangements. See Note 1, “Description of the Company and Summary of Significant Accounting Policies—Net Economic Benefit Arrangements,” for more information regarding Deferred Markets. (2) Other consists primarily of other miscellaneous operating (income) expenses. Other expense, net for the fiscal three and six months ended June 28, 2026 and June 29, 2025 consisted of:
|  | Fiscal Three Months Ended |  | Fiscal Six Months Ended
(Dollars in Millions) |  | June 28, 2026 |  | June 29, 2025 |  | June 28, 2026 |  | June 29, 2025 |  |
Currency losses on transactions |  | $ | 12 |  |  | $ | 11 |  |  | $ | 12 |  |  | $ | 17 |  |  |
Other(1) |  | (1) |  |  | (1) |  |  | (1) |  |  | (1) |  |  |
Total other expense, net |  | $ | 11 |  |  | $ | 10 |  |  | $ | 11 |  |  | $ | 16 |  |  |
(1) Other consists primarily of net periodic benefit costs other than service cost components and miscellaneous non-operating (income) expenses.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
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