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Goodwill and Intangible Assets

12 Months Ended

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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- References

No definition available.

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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

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