v3.25.4

Inventories | 12 Months Ended
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Jan. 03, 2026
Inventory Disclosure [Abstract] |
Inventories | Inventories Inventories are composed of the following:
(In millions) | January 3, 2026 | December 28, 2024
Finished goods | $ | 1,104 |  | $ | 1,138 |
Work in process | 2,065 |  | 1,769 |
Raw materials and components | 1,109 |  | 1,164 |
Total | $ | 4,278 |  | $ | 4,071 |
At January 3, 2026, 71% of inventories were valued using the LIFO method, compared with 69% at December 28, 2024. Inventories valued at LIFO cost would have been higher by approximately $1.1 billion and $877 million, at January 3, 2026 and December 28, 2024, respectively, if they had been valued using the FIFO method.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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