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v3.25.1

Debt (Schedule of Company's Debt) (Details) - USD ($) $ in Millions | Apr. 04, 2025 | Feb. 20, 2025 | Jan. 03, 2025
--- | --- | --- | ---
Debt Instrument [Line Items] |  |  |
Less: unamortized debt discounts and deferred debt issuance costs | $ (40) |  | $ (32)
Total long-term debt | 5,133 |  | 4,670
Less current portion | (119) |  | (618)
Total long-term debt, net of current portion | 5,014 |  | 4,052
$1,000 million term loan, due March 2028 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 1,000 |  |
Stated interest rate | 5.67% |  |
Effective interest rate | 5.84% |  |
Senior unsecured debt | $ 975 |  | 1,000
$500 million notes, due May 2025 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 500 |  |
Stated interest rate | 3.63% |  |
Effective interest rate | 3.76% |  |
Senior unsecured debt | $ 0 |  | 500
$750 million notes, due May 2030 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 750 |  |
Stated interest rate | 4.38% |  |
Effective interest rate | 4.50% |  |
Senior unsecured debt | $ 750 |  | 750
$1,000 million notes, due February 2031 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 1,000 |  |
Stated interest rate | 2.30% |  |
Effective interest rate | 2.38% |  |
Senior unsecured debt | $ 1,000 |  | 1,000
$500 million notes, due March 2032 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 500 | $ 500 |
Stated interest rate | 5.40% |  |
Effective interest rate | 5.42% |  |
Senior unsecured debt | $ 500 |  | 0
$250 million notes, due July 2032 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 250 |  |
Stated interest rate | 7.13% |  |
Effective interest rate | 7.43% |  |
Senior unsecured debt | $ 250 |  | 250
$750 million notes, due March 2033 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 750 |  |
Stated interest rate | 5.75% |  |
Effective interest rate | 5.81% |  |
Senior unsecured debt | $ 750 |  | 750
$300 million notes, due July 2033 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 300 |  |
Stated interest rate | 5.50% |  |
Effective interest rate | 5.88% |  |
Senior unsecured debt | $ 161 |  | 161
$500 million notes, due March 2035 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 500 | $ 500 |
Stated interest rate | 5.50% |  |
Effective interest rate | 5.55% |  |
Senior unsecured debt | $ 500 |  | 0
$300 million notes, due December 2040 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, face amount | $ 300 |  |
Stated interest rate | 5.95% |  |
Effective interest rate | 6.03% |  |
Senior unsecured debt | $ 218 |  | 218
Finance leases due on various dates through fiscal 2032 | Unsecured debt |  |  |
Debt Instrument [Line Items] |  |  |
Senior unsecured debt | $ 69 |  | $ 73
Finance leases due on various dates through fiscal 2032 | Unsecured debt | Minimum |  |  |
Debt Instrument [Line Items] |  |  |
Effective interest rate | 1.84% |  |
Finance leases due on various dates through fiscal 2032 | Unsecured debt | Maximum |  |  |
Debt Instrument [Line Items] |  |  |
Effective interest rate | 6.31% |  |

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