v3.25.4

Debt and Credit Facilities - Summary of Debt (Details) - USD ($) $ in Millions | Jan. 03, 2026 | Dec. 28, 2024
--- | --- | ---
Manufacturing group |  |
Debt Instrument [Line Items] |  |
Total debt | $ 3,539 | $ 3,247
Less: Current portion of long-term debt | (5) | (357)
Total Long-term debt | $ 3,534 | 2,890
Manufacturing group | 3.875% due 2025 |  |
Debt Instrument [Line Items] |  |
Interest rate | 3.875% |
Manufacturing group | 4.00% due 2026* |  |
Debt Instrument [Line Items] |  |
Interest rate | 4.00% |
Manufacturing group | 3.65% due 2027 |  |
Debt Instrument [Line Items] |  |
Interest rate | 3.65% |
Manufacturing group | 3.375% due 2028 |  |
Debt Instrument [Line Items] |  |
Interest rate | 3.375% |
Manufacturing group | 3.90% due 2029 |  |
Debt Instrument [Line Items] |  |
Interest rate | 3.90% |
Manufacturing group | 3.00% due 2030 |  |
Debt Instrument [Line Items] |  |
Interest rate | 3.00% |
Manufacturing group | 2.45% due 2031 |  |
Debt Instrument [Line Items] |  |
Interest rate | 2.45% |
Manufacturing group | 6.10% due 2033 |  |
Debt Instrument [Line Items] |  |
Interest rate | 6.10% |
Manufacturing group | Other (weighted-average rate of 6.08% and 5.87%, respectively) |  |
Debt Instrument [Line Items] |  |
Total debt | $ 89 | $ 97
Weighted-average interest rate | 6.08% | 5.87%
Manufacturing group | Medium-Term Note | 3.875% due 2025 |  |
Debt Instrument [Line Items] |  |
Total debt | $ 0 | $ 350
Manufacturing group | Medium-Term Note | 4.00% due 2026* |  |
Debt Instrument [Line Items] |  |
Total debt | 0 | 350
Manufacturing group | Medium-Term Note | 3.65% due 2027 |  |
Debt Instrument [Line Items] |  |
Total debt | 350 | 350
Manufacturing group | Medium-Term Note | 3.375% due 2028 |  |
Debt Instrument [Line Items] |  |
Total debt | 300 | 300
Manufacturing group | Medium-Term Note | 3.90% due 2029 |  |
Debt Instrument [Line Items] |  |
Total debt | 300 | 300
Manufacturing group | Medium-Term Note | 3.00% due 2030 |  |
Debt Instrument [Line Items] |  |
Total debt | 650 | 650
Manufacturing group | Medium-Term Note | 2.45% due 2031 |  |
Debt Instrument [Line Items] |  |
Total debt | 500 | 500
Manufacturing group | Medium-Term Note | 6.10% due 2033 |  |
Debt Instrument [Line Items] |  |
Total debt | 350 | 350
Manufacturing group | Medium-Term Note | 5.50% due 2035 |  |
Debt Instrument [Line Items] |  |
Total debt | $ 500 | 0
Interest rate | 5.50% |
Manufacturing group | Medium-Term Note | 4.95% due 2036 |  |
Debt Instrument [Line Items] |  |
Total debt | $ 500 | 0
Interest rate | 4.95% |
Finance group |  |
Debt Instrument [Line Items] |  |
Total debt | $ 339 | 341
Finance group | Variable-rate note due 2028 (weighted-average rate of 5.04% and 5.70%, respectively) |  |
Debt Instrument [Line Items] |  |
Total debt | $ 25 | $ 25
Weighted-average interest rate | 5.04% | 5.70%
Finance group | Fixed-rate note due 2027 (4.40%) |  |
Debt Instrument [Line Items] |  |
Total debt | $ 50 | $ 50
Interest rate | 4.40% | 4.40%
Finance group | Floating Rate Junior Subordinated Notes due 2067 (5.85% and 6.52%, respectively) |  |
Debt Instrument [Line Items] |  |
Total debt | $ 264 | $ 264
Weighted-average interest rate | 5.85% | 6.52%
Finance group | Other |  |
Debt Instrument [Line Items] |  |
Total debt | $ 0 | $ 2

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