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Goodwill and Intangible Assets | 12 Months Ended
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Jan. 02, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The changes in the carrying amount of goodwill in each of our reportable segments for the years ended January 2, 2026 and January 3, 2025 were as follows:
Dollars in millions | MTS |  | STS |  |  |  | Total
Balance as of December 29, 2023 | $ | 1,921 |  |  | $ | 188 |  |  |  |  | $ | 2,109 |
Goodwill acquired during the period (Note 4) | 531 |  |  | — |  |  |  |  | 531 |
Foreign currency translation | (9) |  |  | (1) |  |  |  |  | (10) |
Balance as of January 3, 2025 | $ | 2,443 |  |  | $ | 187 |  |  |  |  | $ | 2,630 |
Goodwill acquired and adjusted during the period (Note 4) | 14 |  |  | — |  |  |  |  | 14 |
Foreign currency translation | 30 |  |  | 3 |  |  |  |  | 33 |
Balance as of January 2, 2026 | $ | 2,487 |  |  | $ | 190 |  |  |  |  | $ | 2,677 |
Intangible Assets Intangible assets are comprised of customer relationships, trade names, licensing agreements and other. The cost and accumulated amortization of our intangible assets were as follows:
| January 2, 2026
Dollars in millions | Weighted Average Remaining Useful Lives |  | Intangible Assets, Gross |  | Accumulated Amortization |  | Intangible Assets, Net
Trademarks/trade names | Indefinite |  | $ | 50 |  |  | $ | — |  |  | $ | 50 |
Customer relationships | 11 |  | 758 |  |  | (266) |  |  | 492 |
Developed technologies | 15 |  | 83 |  |  | (48) |  |  | 35 |
Contract backlog | 15 |  | 314 |  |  | (173) |  |  | 141 |
Other | 10 |  | 23 |  |  | (14) |  |  | 9 |
Total intangible assets |  |  | $ | 1,228 |  |  | $ | (501) |  |  | $ | 727 |
| January 3, 2025
Dollars in millions | Weighted Average Remaining Useful Lives |  | Intangible Assets, Gross |  | Accumulated Amortization |  | Intangible Assets, Net
Trademarks/trade names | Indefinite |  | $ | 50 |  |  | $ | — |  |  | $ | 50 |
Customer relationships | 13 |  | 740 |  |  | (219) |  |  | 521 |
Developed technologies | 16 |  | 82 |  |  | (45) |  |  | 37 |
Contract backlog | 15 |  | 297 |  |  | (151) |  |  | 146 |
Other | 10 |  | 21 |  |  | (12) |  |  | 9 |
Total intangible assets |  |  | $ | 1,190 |  |  | $ | (427) |  |  | $ | 763 |
Intangibles subject to amortization are impaired if the carrying value of the intangible is not recoverable and exceeds its fair value. Intangibles that are not subject to amortization are reviewed annually for impairment or more often if events or circumstances change that would create a triggering event. During the years ended January 2, 2026, January 3, 2025 and December 29, 2023, no impairments related to our intangible assets were recorded. Our intangibles amortization expense is presented below:
| Year ended
Dollars in millions | January 2, 2026 |  | January 3, 2025 |  | December 29, 2023
Intangibles amortization expense | $ | 64 |  |  | $ | 52 |  |  | $ | 45 |
Our expected intangibles amortization expense for the next five fiscal years is presented below:
Dollars in millions | Expected future intangibles amortization expense
2026 | $ | 58 |
2027 | $ | 57 |
2028 | $ | 57 |
2029 | $ | 57 |
2030 | $ | 57 |
Beyond 2030 | $ | 391 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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