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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Apr. 04, 2025
Mar. 29, 2024
Cash flows from operations:    
Net income $ 365 $ 283
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 69 69
Stock-based compensation 21 20
Deferred income taxes (24) (25)
Other (1) (6)
Change in assets and liabilities    
Receivables (246) (281)
Other current assets and other long-term assets (27) (35)
Accounts payable and accrued liabilities and other long-term liabilities (72) (51)
Accrued payroll and employee benefits (148) 48
Income taxes receivable/payable 121 91
Net cash provided by operating activities 58 113
Cash flows from investing activities:    
Payments for property, equipment and software (22) (17)
Other 0 5
Net cash used in investing activities (22) (12)
Cash flows from financing activities:    
Proceeds from debt issuance 997 0
Repayments of borrowings (529) (4)
Payments for debt issuance costs (7) 0
Dividend payments (53) (53)
Repurchases of stock and other (528) (183)
Proceeds from issuances of stock 15 13
Net capital distributions to non-controlling interests (5) (1)
Net cash used in financing activities (110) (228)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash 7 (4)
Net decrease in cash, cash equivalents and restricted cash (67) (131)
Cash, cash equivalents and restricted cash at beginning of period 991 792
Cash, cash equivalents and restricted cash at end of period 924 661
Less: restricted cash at end of period 82 114
Cash and cash equivalents at end of period 842 547
Supplementary cash flow information:    
Cash paid for income taxes, net of refunds (4) 2
Cash paid for interest 51 61
Non-cash investing activity:    
Property, plant and equipment additions $ 0 $ 35