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v3.25.1

REPORTABLE SEGMENTS - (Details) $ in Millions | 3 Months Ended
--- | ---
Mar. 29, 2025 USD ($) | Mar. 30, 2024 USD ($)
Segment Reporting Information [Line Items] |  |
Number of operating segments | 4 |
Net sales | $ 3,083 | $ 3,200
Cost of goods sold | 2,024 | 2,169
Selling, general and administrative expense | 629 | 638
Operating profit | 430 | 393
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 92 | 146
Interest expense | 63 | 83
Income taxes | 73 | 82
Segment, Expenditure, Addition to Long-Lived Assets | 176 | 155
Operating Segments |  |
Segment Reporting Information [Line Items] |  |
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 90 | 144
Operating Segments | North America |  |
Segment Reporting Information [Line Items] |  |
Net sales | 1,619 | 1,688
Cost of goods sold | 1,006 | 1,055
Selling, general and administrative expense | 308 | 298
Operating profit | 305 | 335
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 41 | 63
Interest expense | 0 | 2
Segment, Expenditure, Addition to Long-Lived Assets | 51 | 68
Operating Segments | Europe |  |
Segment Reporting Information [Line Items] |  |
Net sales | 579 | 599
Cost of goods sold | 380 | 460
Selling, general and administrative expense | 109 | 111
Operating profit | 90 | 28
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 22 | 60
Interest expense | 9 | 17
Income taxes | 11 | 4
Segment, Expenditure, Addition to Long-Lived Assets | 51 | 41
Operating Segments | Latin America |  |
Segment Reporting Information [Line Items] |  |
Net sales | 266 | 314
Cost of goods sold | 185 | 217
Selling, general and administrative expense | 62 | 70
Operating profit | 19 | 27
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 13 | 8
Interest expense | 1 | 1
Income taxes | 5 | 7
Segment, Expenditure, Addition to Long-Lived Assets | 33 | 24
Operating Segments | AMEA |  |
Segment Reporting Information [Line Items] |  |
Net sales | 620 | 600
Cost of goods sold | 452 | 427
Selling, general and administrative expense | 94 | 98
Operating profit | 74 | 75
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 14 | 13
Interest expense | 5 | 6
Income taxes | 13 | 14
Segment, Expenditure, Addition to Long-Lived Assets | 36 | 19
Operating Segments | Corporate And North America |  |
Segment Reporting Information [Line Items] |  |
Income taxes | 44 | 57
Corporate |  |
Segment Reporting Information [Line Items] |  |
Net sales | (1) | (1)
Cost of goods sold | 1 | 10
Selling, general and administrative expense | 56 | 61
Operating profit | (58) | (72)
DepreciationDepletionAndAmortizationRestatedForDiscontinuedOperations | 2 | 2
Interest expense | 48 | 57
Segment, Expenditure, Addition to Long-Lived Assets | $ 5 | $ 3

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