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Equity Method Investments
 12 Months Ended
Dec. 29, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments EQUITY METHOD INVESTMENTS 
Equity method investments consist of the following: 
Equity Investments% OwnedDecember 29,
2024		December 31,
2023
(in millions)
Align50 %$83 $75 
Monarch33 %95 93 
Murphy Family Farms25 %3 — 
Viceroy50 %1 6 
All other equity method investments50 %20 18 
Total investments$202 $191 
Align, Monarch and Viceroy Bio Energy, LLC (“Viceroy”) operate renewable natural gas facilities, which refine methane gas that is captured from our Company-owned and contract grower hog farms into renewable natural gas. All significant operating decisions are made jointly between us and our investment partners, and therefore, we do not consolidate these entities.
On January 16, 2025, TPG Rise Climate, one of the other two equal joint venture partners in Monarch, delivered a sale notice under the joint venture agreement, pursuant to which Monarch must pursue a sale of the joint venture. In the event that a sale of Monarch is not consummated before January 17, 2026, TPG Rise Climate may require that Monarch purchase TPG Rise Climate’s ownership interests in Monarch.
Murphy Family Farms and VisionAg Hog Production
On December 27, 2024, we became a member of a North Carolina-based company, Murphy Family Farms and on February 24, 2025, we became a member of a North Carolina-based company, VisionAg. See “Note 6: Restructuring” for more information. We expect to account for Murphy Family Farms and Vision Ag under the equity method of accounting.