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v3.25.2

DEBT (Details) $ in Millions |  | 1 Months Ended | 3 Months Ended | 6 Months Ended
--- | --- | --- | --- | ---
Feb. 28, 2025 USD ($) extensionOption | Feb. 28, 2025 USD ($) extensionOption | Jun. 29, 2025 USD ($) | Jun. 30, 2024 USD ($) | Mar. 31, 2023 USD ($) | Jun. 29, 2025 USD ($) | Jun. 30, 2024 USD ($)
Senior unsecured revolving credit facility | Line of Credit |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Remaining borrowing capacity | $ 2,100 | $ 2,100 |  |  |  |  |
Number of extension options | extensionOption | 2 | 2 |  |  |  |  |
Term of extension options (in years) | 1 year |  |  |  |  |  |
Minimum interest coverage ratio | 3.50 | 3.50 |  |  |  |  |
Senior unsecured revolving credit facility | Line of Credit | Minimum |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument consolidated leverage ratio |  | 50.00% |  |  |  |  |
Senior unsecured revolving credit facility | Line of Credit | Minimum | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate (as percent) |  | 0.875% |  |  |  |  |
Senior unsecured revolving credit facility | Line of Credit | Minimum | Base Rate |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate (as percent) |  | 0.00% |  |  |  |  |
Senior unsecured revolving credit facility | Line of Credit | Maximum |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument consolidated leverage ratio |  | 55.00% |  |  |  |  |
Senior unsecured revolving credit facility | Line of Credit | Maximum | Secured Overnight Financing Rate (SOFR) |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate (as percent) |  | 1.50% |  |  |  |  |
Senior unsecured revolving credit facility | Line of Credit | Maximum | Base Rate |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate (as percent) |  | 0.50% |  |  |  |  |
Accounts receivable securitization facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Capacity |  |  | $ 225 |  |  | $ 225 |
Accounts receivable, held-for-sale |  |  | 410 |  |  | 410 |
Letters of credit |  |  | 28 |  |  | 28 |
Monetization Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Accounts receivable from securitization |  |  | 250 |  |  | 250 |
Accounts receivable sold to monetization facility |  |  |  |  |  | 250 |
Accounts receivable sold to purchase bank, uncollected balance |  |  |  |  |  | (232) |
Accounts receivable, sale |  |  |  |  | $ 227 |  |
Proceeds from accounts receivable |  |  |  |  | $ 225 |  |
Cash collections from customers on receivables |  |  | 803 | $ 774 |  | 1,829 | $ 1,814
Discount on sale of accounts receivable |  |  | $ 3 | $ 4 |  | $ 6 | $ 7

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