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Stock-Based Compensation Plans
6 Months Ended
Jun. 29, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Plans Stock-Based Compensation Plans
A summary of awards granted follows:

Six Months Ended June 29, 2024Six Months Ended July 1, 2023
Number of Stock Units Granted (1)
Weighted average grant date fair value per shareNumber of Stock Units GrantedWeighted average grant date fair value per share
Performance Stock Units (“PSUs”) (2)
575,249$27.96 553,071$29.89 
Restricted Stock Units (“RSUs”)
3,897,778$19.57 1,481,793$19.01 
(1) Includes 2 million RSUs granted as part of the Snap One acquisition for a fair value of $43 million of which $17 million was included in purchase consideration.
(2) Includes PSUs at target payout. Final common shares issued may be different based upon the actual achievement versus the performance measure target.

Stock-based compensation expense, net of tax was $15 million and $29 million for the three and six months ended June 29,
2024, respectively. For the three and six months ended July 1, 2023, stock-based compensation expense, net of tax was $12 million and $24 million, respectively.