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BUSINESS ACQUISITIONS
3 Months Ended
Jun. 27, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
BUSINESS ACQUISITIONS BUSINESS ACQUISITIONS
On April 30, 2025, the Company completed the acquisition of a manufacturing business in Bielsko Biała, Poland, for total estimated purchase consideration of $35 million. The site is included in the FRS segment. The results of the acquired business are included in the Company’s condensed consolidated financial statements from the acquisition date. The allocation of the purchase price to the tangible and identifiable intangible assets acquired and liabilities assumed is based on their estimated fair values as of the date of acquisition. Additional information, which existed as of the acquisition date, may become known to the Company during the remainder of the measurement period, a period not to exceed 12 months from the date of the acquisition. Changes to amounts recorded as assets and liabilities may result in a corresponding adjustment to goodwill during the measurement period.
The following represents the Company's initial allocation of the total purchase price to the acquired assets and liabilities of the acquired business (in millions):
Current Assets:
Inventory$15 
Unbilled Accounts Receivable
Accounts Receivable
        Total current assets25 
Operating lease right-of-use assets, net28 
Property and equipment
Intangible assets
Goodwill
        Total assets$67 
Current Liabilities:
Accrued payroll$
Operating lease liabilities
        Total current liabilities
Operating lease liabilities, non-current26 
        Total liabilities32 
          Total aggregate purchase price$35 

Intangible assets of $2 million are comprised of customer related intangible assets as well as acquired technology, which will both be amortized over a weighted-average estimated useful life of 5 years.