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DEBT AND OTHER COMMITMENTS (Tables)

12 Months Ended

Dec. 29, 2024

Debt Disclosure [Abstract]

Schedule of Debt Obligations

Summary of Term Debt Obligations

In millions			December 29, 2024						December 31, 2023
Principal amount of 2025 Term Notes outstanding			$	500					$	500
Principal amount of 2026 Term Notes outstanding			500						—
Principal amount of 2027 Term Notes outstanding			500						500
Principal amount of 2031 Term Notes outstanding			500						500
Unamortized discounts and debt issuance costs			(11)						(11)
Net carrying amount of term debt			1,989						1,489
Less: current portion			499						—
Term debt, non-current			$	1,490					$	1,489
Fair value of term debt outstanding (Level 2)			$	1,940					$	1,440

Schedule of Leases

As of December 29, 2024, the maturities of our operating lease liabilities were as follows:

In millions
2025			$	105
2026			105
2027			103
2028			84
2029			81
Thereafter			275
Total remaining lease payments			753
Less: imputed interest			(120)
Total operating lease liabilities			633
Less: current portion			(79)
Long-term operating lease liabilities			$	554
Weighted-average remaining lease term			8.0 years
Weighted-average discount rate			4.4		%

Schedule of Components of Lease Costs

The components of our lease costs were as follows:

In millions			2024						2023						2022
Operating lease costs			$	93					$	116					$	112
Sublease income			(19)						(20)						(20)
Variable lease costs(1)			25						27						20
Total lease costs			$	99					$	123					$	112

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(1)Variable lease costs include non-fixed maintenance charges and property taxes.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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