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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 28, 2024
Accounting Policies [Abstract]  
Summary of Accounts Payable

Activity for each of the periods presented was as follows:

(In millions)

 

2024

 

 

2023

 

Beginning balance

 

$

19

 

 

$

38

 

Additions

 

 

141

 

 

 

111

 

Settlements

 

 

(136

)

 

 

(130

)

Ending balance

 

$

24

 

 

$

19

 

Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers:

 

 

 

December 28,

 

 

December 30,

 

(In millions)

 

2024

 

 

2023

 

Trade receivables, net

 

$

335

 

 

$

367

 

Short-term contract assets

 

 

4

 

 

 

4

 

Long-term contract assets

 

 

4

 

 

 

1

 

Short-term contract liabilities

 

 

26

 

 

 

29